Brazil

Monday, December 23rd 2024 - 10:52 UTC
Lingering symptoms of Covid-19 detected among 20% of Brazilians

Brazil's Health Ministry detected lingering symptoms among 20% of South America's largest country's population having had Covid-19, Agencia Brasil reported. Among the symptoms are fatigue, memory loss, anxiety, difficulty concentrating, joint pain, and hair loss, which have also been found to be more frequent among women and indigenous people.
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Saturday, December 21st 2024 - 10:13 UTC
Brazil's Congress passes Constitutional Amendment regarding spending cuts

Brazil's Congress enacted Constitutional Amendment 135/24 regarding the fiscal spending cut package, Agencia Brasil reported. The new legislation stemming from the Proposed Amendment to the Constitution (PEC) 45/24 made changes to mandatory revenues and extended the Untying of Union Revenues (DRU) in a move to improve the federal government's fiscal balance, it was explained.
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Friday, December 20th 2024 - 10:30 UTC
Brazil's real recovers against US dollar

Brazil's Central Bank (BCB) successfully maneuvered Thursday and got the US dollar to fall against the local real after volatility gripped financial markets amid President Luiz Inácio Lula da Silva's planned taxation reforms, Agencia Brasil reported. The US currency closed at R$ 6.12 following Congressional approval of the Government's legal package.
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Thursday, December 19th 2024 - 10:19 UTC
Improved air connectivity heralds busy summer season in Brazil

Brazil's tourism authorities expect a record-breaking summer season thanks to a recent boost in air connectivity, particularly with direct flights between Rio de Janeiro and Montevideo, Agencia Brasil reported.
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Wednesday, December 18th 2024 - 22:17 UTC
US dollar soars in Brazil amid fiscal uncertainty

Amid uncertainty stemming from President Luiz Inácio Lula da Silva's planned measures, the US dollar soared Wednesday against the Brazilian real, hitting a new record of R$ 6.26 = US$ 1 while the stock market fell above 3%, also driven by the 0.25 percentage point interests cut by the US Federal Reserve (Fed).
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Wednesday, December 18th 2024 - 10:22 UTC
Brazil: Selic rate expected to keep growing next year

Brazil's Central Bank's (BCB) Monetary Policy Committee (Copom) said Tuesday in a document that further hikes to the basic interest rate (Selic) were not to be ruled out next year given the rise of the US dollar against the Brazilian real, which crossed the BR$ 6 / US$ 1 barrier after the fiscal package announced by the Government of President Luiz Inácio Lula da Silva in recent days negatively impacted the market.
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Monday, December 16th 2024 - 20:57 UTC
Brazil's STF launches AI writing tool

Starting Monday, Brazil's Supreme Federal Court (STF) is using Artificial Intelligence (AI) software to write documents and produce images, videos, music, and audio. The Support Module for Writing with Artificial Intelligence has been named “MARIA” given its acronym in Portuguese.
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Monday, December 16th 2024 - 09:58 UTC
Former Bolsonaro's running mate placed under arrest

Former Brazilian President Jair Bolsonaro's running mate in the 2022 elections, Gen. (Ret.) Walter Braga Netto, was arrested this weekend by the Federal Police (PF) in connection with the alleged plot to prevent Luiz Inácio Lula da Silva's inauguration.
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Saturday, December 14th 2024 - 09:50 UTC
Lula says he is “firm and strong”

Brazilian President Luiz Inácio Lula da Silva released a video Friday after leaving the Intensive Care Unit at the Sírio-Libanês Hospital in São Paulo, Agencia Brasil reported. Lula underwent two surgical procedures in his head this week to drain a hemorrhage caused by a domestic accident in October that prevented him from attending the BRICS Summit in Russia, among other engagements.
Friday, December 13th 2024 - 10:59 UTC
Defense minister Lord Coaker visits Chile and Brazil to strengthen defense relations

Defense Minister Lord Coaker's recent visit to Chile and Brazil focused on supporting global security and tackling increasing threats. There, he held talks with his counterparts and industry as the UK strengthens relations with partners around the world.