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MercoPress, en Español

Montevideo, May 20th 2025 - 06:39 UTC

Brazil

  • Thursday, February 13th 2025 - 10:20 UTC

    Alckmin to push for return of US steel import quotas

    There's no tax war, there's an understanding based on the public interest,” Alckmin underlined

    Brazilian Vice President and Minister of Development, Industry, Trade and Services, Geraldo Alckmin, defended on Wednesday the establishment of exemption quotas for steel and aluminum to be shipped to the United States, as it happened during US President Donald Trump's previous government (2017-2021).

  • Thursday, February 13th 2025 - 09:45 UTC

    Brazil shoots down clandestine aircraft carrying drugs

    The airplane was deemed hostile and acted on accordingly

    The Brazilian Air Force (FAB) Wednesday shot down a plane that clandestinely entered from Venezuela carrying drugs. The measure was within legal protocols, it was explained. The aircraft was intercepted and instructed to land but failed to comply.

  • Wednesday, February 12th 2025 - 10:55 UTC

    Brazil’s Finance Minister: Trump's tariffs damage global trade

    Haddad will discuss the matter deeper with representatives of Brazil's steel and aluminum sectors when he returns from his Feb.14-20 Middle East tour

    Brazil's Finance Minister Fernando Haddad stressed Tuesday that US President Donald Trump's decision to impose 25% tariffs on steel and aluminum imports was “counterproductive” to the global economy. “The global economy loses with this, with this retraction, with this de-globalization that is happening,” he added.

  • Tuesday, February 11th 2025 - 19:52 UTC

    Brazil: January's IPCA lowest since 1994

    The so-called Itaipu Bonus on electricity bills played a key role in achieving these figures, the IBGE explained

    Inflation last month in South America's largest country reached 0.16%, January's lowest since 1994, the Brazilian Institute of Geography and Statistics (IBGE) announced Tuesday. The agency also noted that the main cause for such an unprecedented feat after the introduction of the real was the so-called Itaipu Bonus, a special discount on electricity bills benefitting some 78 million consumers. The Real Plan was implemented in July of that year.

  • Monday, February 10th 2025 - 21:40 UTC

    Almost half of the migrants welcomed in Brazil were Venezuelan

    Operation Welcome was halted after Trump cut all funding to the United Nations agency handling the process

    Brazilian authorities confirmed that a total of 194,331 migrants arrived in South America's largest country last year, according to the 8th edition of the Migration Bulletin, published by the National Justice Secretariat (Senajus) Monday. Venezuelans topped the list with 94,726 people. As for refugees, ”Venezuela remains the main country of origin of recognized refugees (12,726), followed by Afghanistan (283) and Colombia (121),” the bulletin stated.

  • Monday, February 10th 2025 - 09:03 UTC

    Lula warns Trump he was not elected to rule the world

    You don't build a riviera on top of thousands of dead women and children, Lula stressed about Trump's announcements

    Brazilian President Luiz Inácio Lula da Silva was harshly critical of his US colleague Donald Trump's announcement that his country would take over the Gaza Strip and turn it into the Riviera of the Middle East. “Nobody is going to make a beautiful place on top of thousands of dead bodies of women and children,” said Lula during a radio interview in Bahia State.

  • Sunday, February 9th 2025 - 19:38 UTC

    Brazil’s interest rate raised to 13.25% and further increases forecasted

    Copom, lifted the Selic policy rate to 13.25% in a unanimous decision, the first under new central bank Chief Gabriel Galipolo,appointed by President Lula da Silva

    Brazil's central bank raised its benchmark interest rate, Selic, by 100 basis points for the second straight meeting last Wednesday and anticipated another similar hike in March, concerned about mounting inflationary pressures.

  • Saturday, February 8th 2025 - 09:46 UTC

    Brazil’s industry posts 3.1% output increase in 2024

    The annual increase was achieved despite three straight months of decline, IBGE's report showed

    According to a report released by Brazil's Institute of Geography and Statistics (IBGE) this week, South America's largest country's industrial production closed out 2024 with a 3.1% from 2023's figures. These results, driven by rising employment and income, were the third-highest annually in the last 15 years.

  • Friday, February 7th 2025 - 19:44 UTC

    Two killed as small airplane crashes into São Paulo streets

    The Beechcraft F-90's two occupants died in the crash

    Two people were reported dead and six others injured after a light private aircraft crashed into a bus on Avenida Marquês de São Vicente, in the West Zone of São Paulo, around 7.20 am Friday. First responders were summoned to the spot and Brazil's Aeronautical Accident Investigation and Prevention Centre (Cenipa) was entrusted with the investigation into the causes of the accident.

  • Friday, February 7th 2025 - 08:32 UTC

    Covid 19: Milei wants WHO Chief tried for human rights violations

    “We will never forget” what the WHO under Tedros did, Milei warned

    Argentine President Javier Milei announced Thursday that he intends to hold World Health Organization (WHO) Director Tedros Adhanom Ghebreyesus accountable “for crimes against humanity” given the measures recommended and adopted during the Covid-19 pandemic. Earlier this week, the South American country left the WHO, thus following in on US President Donald Trump's steps.