Venezuelan President Nicolás Maduro Tuesday announced the creation of a military division for the Guiana Essequiba area, which the country claims as its own, particularly after Sunday's referendum, it was reported in Caracas. The Essequibo is home to 125,000 of Guyana's 800,000 citizens.
The two leaders of the largest economies of Latin America and Europe met in Berlin on Monday to try and conclude a cooperation and free trade agreement between the South American block and the European Union which has been on the table for over two decades.
The European Union's Commissioner who was due to attend the Dec. 7 Mercosur Summit in Rio de Janeiro to sign the trade agreement between both blocs has canceled his trip, it was reported Sunday. According to the Financial Times, Valdis Dombrovskis shall not be attending the event, which in addition to announcements in Buenos Aires and Brasilia coupled with further negative statements from French President Emmanuel Macron, would amount to the end. at least for now, of the much-heralded agreement.
French President Emmanuel Macron Saturday pledged € 500 million over the next three years to Brazil's Amazon Fund, while the United Kingdom announced an additional £ 35 million (around € 40.78 million) in addition to the £ 80 million (€ 93.22 million) it had already announced in May, Agencia Brasil reported.
The UK announced a multi-million pound package of measures to protect the world’s rainforests, encourage investment in clean energy technologies, and help developing countries cut their carbon emissions.
Brazil who is handing the Mercosur rotating chair to Paraguay during a ceremony and regional summit in Rio do Janeiro next 7 December´, is working overtime to finalize important milestones for the trade block during its presidency, among which discussions with UAE, closing a deal with Singapore, making official Bolivia's incorporation and equally outstanding even possibly signing the definitive agreement with the European Union.
Effective Jan. 1, 2024, South America's largest country will join the Organization of Petroleum Exporting Countries (OPEC), Brazil's Minister of Mines and Energy Alexandre Silveira announced this week after participating virtually in a meeting with other colleagues from the bloc.
Brazil announced “intensified defensive actions” along its northern border fearing a possible invasion of Guyana by the dictatorial regime of President Nicolas Maduro in Venezuela. This Friday the UN International Court is expected to halt a referendum, on a disputed area between the two neighbors, which is seen as an exercise in forced annexation by Venezuela.
Brazil's Supreme Federal Court (STF) Wednesday issued a ruling opening the door to criminalizing journalistic work, it was reported in Brasilia. As per the new rationale, the media can be held legally responsible for the publication of interviews with people who falsely attribute crimes to third parties and such a doctrine is to be used by lower courts to hold news outlets accountable.
Brazil's Senate Tuesday greenlighted Bolivia's accession to the South American Common Market (Mercosur) as a full member of the bloc. Once President Luiz Inácio Lula da Silva enacts the bill, the regional alliance will once again consist of five full members -in addition to Argentina, Paraguay, and Uruguay- as it once happened when Venezuela was admitted but later suspended in 2017 for its undemocratic practices.