June's inflation in Brazil recorded a sharp increase due to significant adjustments in the retail price of potatoes (14.9%) and long-lasting milk (7.43%) among other items, Agencia Brasil reported Wednesday citing the latest Broad National Consumer Price Index (IPCA) released by the Brazilian Institute of Geography and Statistics (IBGE).
Transpetro, a subsidiary of Brazil's State-run oil company Petrobras launched a tender this week for the construction of four vessels for the transport of fuels such as gasoline, Agencia Brasil reported. The winning shipyard is to be announced by the end of this year.
Brazilian President Luiz Inácio Lula da Silva told his Bolivian counterpart Luis Arce Catacora during their encounter in Santa Cruz de la Sierra that there is no individual way out in South America, Agencia Brasil reported. Both leaders agreed that the bilateral meeting spelled the beginning of a new era in bilateral ties now that Bolivia is a full member of the Southern Common Market (Mercosur). It was Lula's first trip to Bolivia during his third term in office while Arce has been to Brazil four times in the past 12 months.
In addition to President Javier Milei not attending the 64th Southern Common Market Summit in Asunción, Argentina brought another dissenting note to the regional bloc when Foreign Minister Diana Mondino upheld the idea of brokering unilateral deals with foreign powers or blocs in blunt opposition to Brazilian President Luiz Inácio Lula da Silva's stance on the matter.
Brazilian President Luiz Inácio Lula da Silva landed in Santa Cruz de la Sierra on Monday evening straight from the 64th Mercosur Summit in Asunción with an entourage of some 100 businessmen from his country to explore opportunities in the new full regional bloc member.
Brazilian President Luiz Inácio Lula da Sillva seized his speech Monday during the 64th Southern Common Market's Summit in Asunción to underline his Argentine colleague Javier Milei's absence without mentioning him explicitly.
Brazil establishes new beef export record in the first half of this year, having shipped 1,29 million tons of animal protein, which represents a 27% over the same period in 2023, with 1.019 million tons. Revenues was up 17%, to US$ 5,69 billion.
Paraguayan President Santiago Peña admitted that the Southern Common Market (Mercosur) was not going through the best of times as he prepared to host the bloc's Summit in Asunción Monday during which he is to hand over the grou's rotating presidency to Uruguay's Luis Lacalle Pou.
Instead of attending Monday's Mercosur Summit in Asunción, Argentine President Javier Milei chose to spend the weekend in southern Brazil with his friends the Bolsonaros, including the former head of state Jair, with whom he watched their national team eliminated from the Copa America by Uruguay on penalties on Saturday.
Brazilian President Luiz Inácio Lula da Silva attended this week the laying of the foundation stone for the Orion Project, a laboratory complex specialized in disease-causing pathogens such as viruses, bacteria, and parasites to be built in Campinas, in the State of São Paulo. According to Agencia Brasil, the facility is expected to be the most advanced in Latin America and one of the most important in the world.