Brazil

Friday, May 6th 2022 - 13:54 UTC
Hamilton Mourão, vice-president of Brazil, arrived in Montevideo to meet with Uruguayan authorities

The vice-president of Brazil, Hamilton Mourão, arrived on Thursday in Uruguay, where he will remain until Saturday on an official visit.
Friday, May 6th 2022 - 11:56 UTC
Bolsonaro to hire company to monitor elections

Brazil's President Jair Bolsonaro Thursday insisted on the questionable reliability of the country's electronic voting system and announced that his Liberal Party would retain the services of a company to monitor the October elections, as allowed “in the electoral legislation.”
Friday, May 6th 2022 - 09:18 UTC
Brazil hikes interest rate to its highest in five years, 12,75%, to fight double digit inflation

As anticipated Brazil's central bank, in a unanimous decision, raised interest rates by 1% to 12,75%, the highest in five years, to contain double digit inflation. However policymakers suggested their tenth straight rate increase would not be the last in what has been one of the world’s most aggressive ongoing rate hike cycles.
Wednesday, May 4th 2022 - 22:11 UTC
Brazil's Police not happy with President's undelivered promises - strikes coming up

Brazil's Federal Police will stage “partial and progressive” strikes in light of President Jair Bolsonaro's unfulfilled promises regarding salaries and promotion schemes, the National Association of Federal Police Commissioners (ADPF, for its acronym in Portuguese) said in a statement.
Wednesday, May 4th 2022 - 22:09 UTC
Son of Bolsonaro insists Milei can become Argentina's next president

Brazilian Deputy Eduardo Bolsonaro, son of President Jair Bolsonaro, held a telephone conversation with his Argentine colleague Javier Milei, whom he reportedly told that “I believe you can be president.”
Tuesday, May 3rd 2022 - 14:54 UTC
Lula's advisors insist on unified currency for Latin America

Former Brazilian President Luiz Inácio Lula Da Silva and his economic team would push for a unified regional currency like the Euro to end South America's inclination to the US dollar should he win the Oct. 2 elections over the incumbent Jair Bolsonaro, it was reported Monday.
Tuesday, May 3rd 2022 - 09:48 UTC
Brazil once again sidelined from G7 Summit

As host Germany announced the guest countries for this year's G7 Summit, Brazil was once again left out of the list for the third consecutive time, while South Africa, India, Indonesia, and Senegal are to be welcome, it was announced.
Tuesday, May 3rd 2022 - 09:42 UTC
Brazil in the crossfire of the Falklands/Malvinas war

Brazil apparently was quite active during the Falklands War, and mounted a network to “search and collect information” on its neighbor (and historic competitor) Argentina, keeping a close eye on the military actions in the South Atlantic, and potential allies of the military Junta.
Tuesday, May 3rd 2022 - 08:01 UTC
Brazil ready to take advantage of the “food inflation” despite higher production costs

Soybeans, corn, sugar, coffee, beef, pork, and chicken are the main goods in Brazil’s export portfolio, and should benefit from the current 'food inflation' in world markets until probably 2023, says analyst Elizabeth Johnson from the TS Lombardy consultancy.
Monday, May 2nd 2022 - 21:17 UTC
Labor Day becomes election campaign street demonstration in Brazil

Sunday's Labor Day demonstrations in Brazil were tainted with political connotations as massive events nationwide gathered leftwing followers of former President Luiz Inácio Lula Da Silva on one side and those of rightwing incumbent President Jair Bolsonaro on the other.