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MercoPress, en Español

Montevideo, May 22nd 2025 - 10:11 UTC

Brazil

  • Friday, November 29th 2024 - 10:24 UTC

    Brazil's devaluation hits all-time high exchange rate

    Haddad's measures were deemed insufficient to tackle the country's fiscal imbalance

    The US dollar fell an iota short of crossing the R$ 6 barrier after measures announced by the Brazilian Government of President Luiz Inácio Lula da Silva raised uneasiness in South America's largest country Thursday. The local currency has fallen 23.4% this year and 3.36% this week alone.

  • Thursday, November 28th 2024 - 21:47 UTC

    Argentine Embassy in Caracas with no electricity and water

    One of the pictures posted by Urruchurtu on social media showing Venezuelan Police outside the Embassy

    Venezuelan Police kept harassing the building of what used to be Argentina's Embassy in Caracas now guarded by Brazil since the diplomatic breakup. President Nicolás Maduro's regime targets six aides of opposition leader María Corina Machado who sought asylum there but were never granted safe passage to the airport after Buenos Aires agreed to welcome them. The premises have been without electricity for the past five days and with no water supply for two, the refugees said on social media.

  • Thursday, November 28th 2024 - 21:19 UTC

    De Moraes says there is no such thing as self-regulation of social media

    Social media are “a monetized business,” De Moraes argued

    Brazil's Supreme Federal Court Justice Alexandre De Moraes said Thursday that the Jan. 8, 2023, uprising in the country's capital proved that self-regulation of social networks does not work as its defenders claim it does. The magistrate spoke of the system's “bankruptcy” as the STF resumed reviewing the liability of companies operating social networks for the content posted by users, Agencia Brasil reported.

  • Thursday, November 28th 2024 - 10:45 UTC

    Bolivia highlights gas pumping deal as a source of hard currency

    “We are estimating more than 10 million dollars per month,” Montenegro said

    Bolivia will be collecting some US$ 120 million yearly for allowing Argentine gas from Vaca Muerta through to Brazil, Economy Minister Marcelo Montenegro explained Wednesday during a press conference in which he highlighted the importance of Tuesday's agreement to bringing fresh foreign currency into the country's coffers in addition to its strategic nature in a regional context riddled with energy challenges.

  • Wednesday, November 27th 2024 - 10:00 UTC

    YPFB okays Argentina pumping gas to Brazil through Bolivia

    The agreement with Argentina's Total Energies and Brazil's Grupo Matrix Energía “represents a crucial step,” Dorgathen said

    Bolivia's State-run Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) agreed to allow Argentina to pump gas to Brazil through the existing pipeline, company President Armin Dorgathen announced Tuesday during the International Forum on Hydrocarbons, Fertilizers, Renewable and Alternative Energies in Santa Cruz de la Sierra. “We will promote the efficient flow of gas between Argentina and Brazil, taking advantage of existing infrastructure and strengthening regional cooperation,” he said.

  • Tuesday, November 26th 2024 - 23:19 UTC

    Meat supply resumed to French supermarket chain stores in Brazil after apology

    “If Carrefour France's communication generated confusion ... we apologize,” Bompard said

    French supermarket giant Carrefour apologized so that Brazilian meatpackers would end their boycott of the group and resume deliveries to stores nationwide, Agencia Brasil reported Tuesday. The measure had been adopted after the company's CEO Alexandre Bompard said last week that meat produced in the South American country did not meet European standards for which he was forced to recant.

  • Tuesday, November 26th 2024 - 09:48 UTC

    Lula avoids the dragon’s, Belt and Road Initiative and agrees with China’s Xi on a neutral ‘shared future’

    Lula da Silva meets with Xi Jinping during the G20 meeting in Rio

    President-elect Donald Trump’s impressive victory has had an impact worldwide given his promises, many of them with a strong dye of populism and protectionism, Making America Great Again.

  • Tuesday, November 26th 2024 - 09:47 UTC

    Brazilian House Speaker says reciprocity coming up for Carrefour

    “We are very bothered by European protectionism,” Lira said

    Brazil's Lower House Speaker Arthur Lira spoke Monday against Europe's protectionism, particularly that of France, and announced that a bill would be voted on this week providing for “economic reciprocity.” If approved, the Brazilian government would be prevented from signing any international agreements with clauses restricting the import of Brazilian products unless the signatory countries adopt equivalent environmental protection measures.

  • Tuesday, November 26th 2024 - 09:24 UTC

    Norway announces new donation to Amazon Fund

    “Brazil's success in reducing deforestation is clear evidence of the Lula government's ambition and determination,” Støre said

    Norway's Prime Minister Jonas Gahr Støre announced at the Global Citizen Now: Rio de Janeiro Conference that his country would be donating another US$ 60 million to the Amazon Fund, Agencia Brasil reported.

  • Monday, November 25th 2024 - 09:06 UTC

    Cuba takes delivery of Brazilian aid for hurricane victims

    Rivas underlined the importance of bilateral ties between Cuba and Brazil

    Cuban authorities received this weekend a shipment from Brazil of US$ 86,000 worth of humanitarian help in the wake of hurricanes hitting the Caribbean island in recent days. A similar package was sent from the South American country during the Covid-19 crisis, it was also explained, representing Brazil's commitment to cooperation and friendship between both nations.