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MercoPress, en Español

Montevideo, December 12th 2025 - 06:22 UTC

Brazil

  • Wednesday, August 6th 2025 - 10:17 UTC

    BP announces major oil discovery off Brazil, while OPEC+ with Saudi Arabia leading, increase production

    The company said it had located oil and gas at the Bumerangue prospect, 404 kilometers from Rio de Janeiro, in a water depth of 2,372 meters

    Britain’s BP oil and gas giant announced this week its biggest oil and gas discovery in 25 years off the coast of Brazil. This happens when the corporation is in the midst of a major overhaul, dropping the renewable energy strategy thrust, and returning to traditional hydrocarbons policy.

  • Wednesday, August 6th 2025 - 09:37 UTC

    Lula to invite Trump to COP30

    “A solid partnership is built on mutual benefits,” Lula emphasized

    Brazilian President Luiz Inácio Lula da Silva does not intend to discuss tariffs with his US colleague Donald Trump but will invite him to the 30th United Nations Climate Change Conference (COP30), scheduled for November in Belém.

  • Wednesday, August 6th 2025 - 07:24 UTC

    Brazilian corporations consolidate a leading share in the global meat market

    MBRF is ready to become one of the world’s leading meat processors but still has to overcome possible objections about market dominance

    Two major Brazilian corporations’ shareholders, from Marfrig (MRFG3), and BRF (BRFS), approved on Tuesday the proposed merger between the two global food processors, the firms said in a joint securities filing.

  • Tuesday, August 5th 2025 - 11:26 UTC

    Brazil turns to tea-drinking China to cushion 50% tariffs on coffee by US

    Per capita coffee consumption in China is still only 16 cups per year, compared to the global average of 240

    Amid new 50% tariffs on Brazilian coffee exports to the United States, China has authorized 183 Brazilian companies to export coffee to its domestic market. This move is seen as a way for Brazil to offset the economic impact. Jorge Viana, head of ApexBrasil, the country’s export promotion agency, called the agreement a “milestone for Brazil’s coffee sector.”

  • Tuesday, August 5th 2025 - 11:16 UTC

    BP announces huge discovery off Rio de Janeiro

    However, production could take years to begin

    BP, the British oil and gas company, has announced its largest oil and gas discovery in 25 years, in the Boomerang Field, an area over 300 square kilometers within Brazil's Santos Basin, roughly 404 kilometers off the coast of Rio de Janeiro.

  • Tuesday, August 5th 2025 - 10:05 UTC

    Bolsonaro placed under permanent house arrest

    Bolsonaro may not receive any visitors other than his lawyers

    Brazil's Supreme Federal Court (STF) Justice Alexandre De Moraes on Monday ordered former President Jair Bolsonaro to be placed under permanent house arrest for failing to comply with the restriction not to use social media during last weekend's rallies by his supporters, whom he sent a message through his son's account.

  • Monday, August 4th 2025 - 21:18 UTC

    De Moraes places sitting Senator under house arrest with a tracking anklet

    De Moraes allowed Do Val to exceed the 7 pm curfew if necessary to participate in Senate sessions

    Brazil's Supreme Federal Court (STF) Justice Alexandre De Moraes on Monday ordered Senator Marcos Do Val (Podemos-ES) to have a tracking anklet fitted and remain under house arrest at night and during weekends. The measure was carried out as soon as the Congressman landed at Brasilia Airport back from the United States, where he had gone despite an STF warrant banning him from leaving the country.

  • Monday, August 4th 2025 - 10:54 UTC

    Bolsonaro supporters gather across Brazil in his support

    The former president's appearance through social media postings could land him in jail

    Thousands of Jair Bolsonaro supporters protested in several Brazilian cities after the United States imposed tariffs on Brazilian products and sanctioned Brazilian Supreme Court Justice Alexandre De Moraes, who is the rapporteur in Bolsonaro's trial for an alleged attempted coup.

  • Monday, August 4th 2025 - 10:42 UTC

    Lula says Brazil deserves to be treated with pride and sovereignty

    “We want to be respected for our size. We have economic and strategic interests. We want to grow. And we are not a small republic,” Lula further noted

    President Luiz Inácio Lula da Silva said his country intended to negotiate the 50% tariff imposed by US President Donald Trump, albeit with pride and sovereignty, highlighting Brazil's strong ties with other nations that would allow for a reduced dependence on the US.

  • Saturday, August 2nd 2025 - 10:34 UTC

    Eduardo Bolsonaro no different from Jan. 8 perpetrators, says De Moraes

    The actions of people linked to Jair Bolsonaro seek a “tyrannical dismissal to benefit certain people who believe themselves to be above the Constitution, the law, and institutions,” De Moraes argued

    Brazil's Supreme Federal Court (STF) Justice Alexandre De Moraes likened Congressman Eduardo Bolsonaro's actions in the US to the Jan. 8, 2023, attempted coup d'état, allegedly masterminded by the latter's father. The magistrate criticized the lawmaker's deals with the White House to undermine him and obtain amnesty for former President Jair Bolsonaro.