Brazil

• Wednesday, January 4th 2023 - 21:16 UTC

  Brazilian VP says tax reform key to reindustrialization

  

  Brazilian Vice President Geraldo Alckmin insisted Tuesday that reshaping the country's tax scheme was vital to the reindustrialization of South America's largest economy.

• Wednesday, January 4th 2023 - 12:44 UTC

  Integration and common currency, according to Argentine ambassador in Brazil

  

  Argentine ambassador in Brazil, Daniel Scioli said that with president Lula da Silva now in office integration between Argentina and Brazil will move faster, and mentioned both countries are considering a common currency for bilateral trade probably extensive to all Mercosur members.

• Wednesday, January 4th 2023 - 12:41 UTC

  Brazil ended 2022 with a US$ 62bn surplus and overall trade turnover plus US$ 600bn

  

  Brazil's trade balance closed the year 2022 at a record surplus of US$ 62.3 billion. Compared with the previous year, when the positive balance totaled US$ 61.4 billion, there was an increase of 1.5%.

• Wednesday, January 4th 2023 - 10:05 UTC

  Pelé laid to rest after procession through streets of Santos

  

  In a private ceremony attended only by relatives and close friends, Brazil's football legend Edson Arantes do Nascimento, known to the world as Pelé, has laid to rest Tuesday afternoon at the Memorial Necropolis Ecumenical in Santos, the seaside city of São Paulo where he rose to stardom.

• Wednesday, January 4th 2023 - 09:39 UTC

  UK might contribute to Brazil's Amazon Fund

  

  The United Kingdom might join Germany and Norway as a donor to Brazil's Amazon Fund to boost sustainability in the rainforest, British Environment Secretary Thérèse Coffey said.

• Wednesday, January 4th 2023 - 00:40 UTC

  “The return of Lula da Silva and his old habits”

  

  O Estado de Sao Paulo is the leading daily of Brazil particularly in the financial capital of the country, Sao Paulo, closely linked to markets, stock exchange and foreign trade and investments, and by the looks of it no darling of president Lula da Silva. In effect its main editorial on the taking office of the president read something like, “the return of Lula and his old habits”.

• Tuesday, January 3rd 2023 - 20:04 UTC

  Lula attends Pelé's wake

  

  One of the main events Brazilian President Luiz Inácio Lula Da Silva had to participate only two days after his inauguration was the wake of former football legend Edson Arantes do Nascimento: Pelé.

• Tuesday, January 3rd 2023 - 10:55 UTC

  Lula's first day if office, meeting Latin American leaders and a selloff in Petrobras shares

  

  As the Brazilian president Lula da Silva settled in his first day in office in the Planalto Palace, Latin American leaders met with the inaugurated president, who faced his first financial challenge, stocks had fallen more than 3%, led by a selloff of shares in state-run oil company Petrobras.

• Tuesday, January 3rd 2023 - 10:04 UTC

  Argentine President highlights Brazil's return to international forums

  

  Argentine President Alberto Fernández Monday celebrated Brazil's “return” to all international forums and announced that “we have clearly decided to put the link between Argentina and Brazil back on track with full force,” following his meeting with President Luiz Inácio Lula Da Silva.

• Tuesday, January 3rd 2023 - 09:59 UTC

  Brazil: US dollar goes up on Lula's first working day

  

  Brazilian markets plummeted Monday during President Luiz Inácio Lula Da Silva's first working day in office following his inauguration speech and his first measures as head of state.