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MercoPress, en Español

Montevideo, August 5th 2025 - 03:50 UTC

Brazil

  • Friday, August 12th 2016 - 07:08 UTC

    Petrobras Q2 profit tumbles by a third; massive debt condition performance

    Part of the problem is Petrobras' huge debt, Chief Financial Officer Ivan Monteiro told reporters on Thursday.

    Brazil's Petrobras reported second-quarter profit that fell by nearly a third from a year earlier, missing expectations as oil prices fell and it took charges for layoffs and the impairment of a refinery. Petrobras said net income fell 30% to 370 million Reais (US$118 million) in the three months ended June 30 compared with a profit of 531 million Reais a year earlier.

  • Thursday, August 11th 2016 - 16:40 UTC

    “Moment of truth” for Venezuela's standing in Mercosur

    The Nicolas Maduro government still has yet to incorporate 400 rules and regulations plus 50 accords to be considered a full member of Mercosur

    Brazil, Argentina and Paraguay are waiting to see what happens on Friday, 12 August, when Venezuela has to prove that it has complied with all the pending requirements to confirm its Mercosur full membership condition dating back to 2012.

  • Thursday, August 11th 2016 - 16:35 UTC

    Venezuela's attitude not helping to resolve the Mercosur situation, claims Uruguay

    “From our point of view Venezuela has not committed an institutional rupture, but it certainly not helping much to solve the situation” said Nin Novoa

    “Venezuela is not helping much to resolve” the unprecedented situation of Mercosur, said Uruguay's foreign minister Rodolfo Nin Novoa in reference to Venezuela's self proclaimed presidency of the group and which is rejected point blank by Brazil, Argentina and Paraguay who consider the post vacant.

  • Thursday, August 11th 2016 - 12:57 UTC

    Brazil running out of corn allows imports to supply pork and poultry sectors

    Agriculture minister Blairo Maggi said he is committed to meeting the requests of the industry and wants to ensure the supply of grain in the country

    A lower-than-anticipated domestic corn supply is pushing prices up, putting pressure on Brazil’s pork and poultry sectors, and forcing the government to intervene, the U.S. Department of Agriculture’s (USDA) Foreign Agricultural Service (FAS) said in its latest report.

  • Wednesday, August 10th 2016 - 15:49 UTC

    Brazilian Senate votes to impeach Rousseff, and Temer could cease to be “interim” president

    The Senate needed just a simple majority to decide on taking Rousseff to trial, but a two-thirds majority will be needed in the final vote, after the trial in late August.

    Brazilian Senate has voted to begin the impeachment trial of embattled President Dilma Rousseff, a move that could officially hand over power to her former vice president – current interim president – Michel Temer. The impeachment trial is expected to open around August 25 - four days after the Olympics finish - and go on for five days, ending with a vote in judgment.

  • Wednesday, August 10th 2016 - 05:24 UTC

    Venezuela as Mercosur full member faces deadline: Friday 12 August

    “We´re waiting to see what happens this Friday, deadline for Venezuela to show it has complied with conditions to enjoy full membership of Mercosur”, said Loizaga

    Brazil, Paraguay and Argentina are waiting for a report on Venezuela´s compliance with the accords agreed in 2012, which has to delivered next Friday 12 August, and could lead the group of three counties deciding the suspension of Caracas as full member of Mercosur. A week and a half later, 23 August, representatives of these countries will be meeting to address the issue.

  • Tuesday, August 9th 2016 - 08:57 UTC

    Head of Brazil's nuclear energy development sentenced 43 years in jail for corruption

    Othon Luiz Pinheiro da Silva considered the father of Brazil’s nuclear program and a pillar of the military-industrial establishment, was convicted of corruption

    The CEO of Brazil’s nuclear power company Eletronuclear, was sentenced to serve 43 years in prison by a Rio de Janeiro judge, Valor Economico newspaper reported. Othon Luiz Pinheiro da Silva considered the father of Brazil’s nuclear program and a pillar of the military-industrial establishment was convicted of corruption, money-laundering, organized crime and obstruction of justice, in the latest chapter of the country’s historic “Operation Carwash” investigation.

  • Monday, August 8th 2016 - 08:08 UTC

    World's most famous plastic surgeon has died: Master Pintanghu, the Universe of Beauty

    Pitanguy died of a heart attack at home in Rio de Janeiro. On Friday, he had held the torch in the Rio neighborhood of Gavea, on the final leg of the Olympic relay.

    Celebrated Brazilian plastic surgeon Ivo Pitanguy has died at the age of 90, a day after passing the Olympic torch for the Rio Games. He died of a heart attack at home in Rio de Janeiro on Saturday, a spokeswoman said. On Friday, he had held the torch in the Rio neighborhood of Gavea, on the final leg of the Olympic relay.

  • Sunday, August 7th 2016 - 20:47 UTC

    Venezuela to be “demoted” from full Mercosur membership on 12 August

    Michel Temer met last Friday at Itamaraty with Argentina's Macri, Paraguay's Cartes and advisors to assess the current situation of the Mercosur presidency

    Paraguay, Argentina and Brazil are considering the “demotion” of Venezuela's Mercosur full membership unless by next August 12 it complies with all conditions to hold such a position, according to the Brazilian media following a meeting of the three presidents in the sidelines of the opening of the Rio Olympic Games.

  • Sunday, August 7th 2016 - 20:39 UTC

    Venezuela claims “the triple alliance” want to storm the Mercosur presidency

    “We are aware of the existence of economic forces operating in the dark who want an implosion of Mercosur” claimed Delcy Rodriguez

    Venezuela announced it will not allow Argentina, Brazil and Paraguay, “the triple alliance” to storm the Mercosur pro tempore presidency, which the government of president Nicolas Maduro is fully exercising. Caracas also claimed that economic forces operating in the dark are interested in a Mercosur “implosion”.