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MercoPress, en Español

Montevideo, February 25th 2026 - 15:26 UTC

Brazil

  • Tuesday, August 8th 2023 - 10:25 UTC

    Brazil's Central Bank launches digital currency plan

    Unlike cryptocurrencies, the digital real (or Drex) is guaranteed by the BCB

    Brazil's Central Bank (BCB) Monday announced a new digital currency for South America''s largest country, which will be called “Drex” and is not expected to reach account holders before late 2024, Agencia Brasil reported.

  • Tuesday, August 8th 2023 - 10:19 UTC

    Regional leaders convening in Brazil to prevent rainforest destruction

    “We have two presidents who arrive with strong commitments: Colombia's president talking about zero oil, and Lula talking about zero deforestation,” Silva added

    Leaders from Bolivia, Brazil, Colombia, Ecuador, Guyana, Peru, Suriname, and Venezuela, which make up the Amazon Cooperation Treaty Organization (ACTO) are to convene Tuesday and Wednesday in Belém, the capital of the Brazilian state of Pará to discuss a new development model to put an end to the cycle of destruction that is devastating the largest tropical forest on the planet.

  • Monday, August 7th 2023 - 10:55 UTC

    Study shows Brazil needs some US$47bn to recover forests

    If reforestation had started in 2016, it would have required an investment of about US$ 10.7 billion, it was explained

    According to Instituto Escolhas, a Brazilian organization promoting sustainable development, South America's largest country will have to invest US$ 47 billion to recover a large area of forests in the country's six biomes, which would result in employment generation, food production, and a reduction of carbon emissions among other advantages.

  • Monday, August 7th 2023 - 09:11 UTC

    Zelensky willing to tell Lula about the situation in Ukraine

    Ukraine is ready to meet with Latin American leaders, Zelensky said

    Ukrainian President Volodymyr Zelensky said in an interview with Latin American media published Sunday that his Brazilian colleague Luiz Inácio Lula da Silva's stance regarding the ongoing war with Russia was consistent with Moscow's narrative. “I thought he had a broader understanding of the world,” said Zelensky while insisting on inviting Lula to discuss the situation with him face to face.

  • Saturday, August 5th 2023 - 10:50 UTC

    Singapore interested in sealing trade accord with Mercosur and in the Port of Santos concession

    City state Singapore with the world’s second busiest port in the world is interested in concluding the free trade agreement negotiations with Mercosur, started in 2018

    The government of city-state Singapore, in Southeast Asia, intends to participate in the concession process for Brazil's largest terminal, the Port of Santos (SP), as part of the greater trade negotiation with the Mercosur block.

  • Saturday, August 5th 2023 - 10:43 UTC

    Brazilian gov't to up security in Amazon region

    Brazil's government plans to set up an integrated center for federal and state government security forces in Manaus this year, Dino explained

    Brazil's Security and Justice Minister Flávio Dino said Friday that the federal government of President Luiz Inácio Lula da Silva intends to up the strength of the security forces in the crime-torn Amazon region, Agencia Brasil reported.

  • Friday, August 4th 2023 - 10:20 UTC

    Brazil's black movement calls for end to Operation Shield

    “The residents are absolutely frightened, terrified,” said Elaine Mineiro

    After police action resulted in the killing of at least 16 people in Guarujá, where extra-judiciary executions are also said to have taken place, members of the South American country's black movement staged a demonstration Thursday in front of the Public Security Secretariat (SSP) in downtown São Paulo, Agencia Brasil reported.

  • Friday, August 4th 2023 - 09:14 UTC

    Suspected deforestation gang leader arrested in Brazil

    Greater control by the government of President Luiz Inácio Lula da Silva reduced logging but it is not enough

    Brazil's Federal Police arrested a businessman believed to be the leader of a “criminal group” responsible for the logging of 65 square kilometers of rainforest. The suspect is said to have illegally seized the Amazon land in the state of Pará for logging and cattle ranching.

  • Friday, August 4th 2023 - 08:04 UTC

    Lula's lawyer formally becomes a member of Brazil's Supreme Court

    Zanin managed to convince the Supreme Court to annul all convictions of Lula and in 2021 ruled that the judge overseeing the case had been biased.

    Brazilian president Lula da Silva's lawyer, Cristiano Zanin, 47, took a seat for life on the country’s Supreme Court on Thursday. Zanin helped Lula overturn convictions stemming from Brazil’s sprawling “Car Wash” corruption investigation and was freed after 580 days of incarceration.

  • Thursday, August 3rd 2023 - 10:50 UTC

    Relief in Brazil, Central bank lowers benchmark interest rate by 50 basis points

    The bank's rate-setting committee Copom cut its Selic policy rate to 13.25%, as anticipated by a majority of economists.

    Wednesday relief for the Brazilian government, the central bank decided on a more aggresive rate-cutting reducing its benchmark interest rate by 50 basis points and signaling more of the same in the months ahead due to an improving inflation outlook.