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MercoPress, en Español

Montevideo, July 27th 2024 - 00:14 UTC

Brazil

  • Friday, July 12th 2024 - 07:03 UTC

    Brazil speeds trade agreement with Palestine in the framework of Mercosur

    The latest Mercosur summit took place this week in Asunción, Paraguay when the rotating six month presidential chair went to Uruguay.

    This week Brazil deposited its instrument of ratification of the Free Trade Agreement between Mercosur and Palestine, which means the treaty is to come into force, between Brazil and the Palestine Administration, in thirty days. The instrument was deposited at last moment to Mercosur member Paraguay on July 3, when this country was still chair of the South American trade block. The information was released by the Brazilian Ministry of Foreign Relations. The following day the rotating presidency of Mercosur was handed to Uruguay.

  • Wednesday, July 10th 2024 - 20:31 UTC

    Brazil: Some retail prices show sharp increases in June

    Fewer public holidays in June drove airline ticket prices down, an IBGE expert explained

    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).

  • Wednesday, July 10th 2024 - 08:56 UTC

    Petrobras subsidiary seeks to expand logistics capabilities

    Petrobras aims to be less dependent on third-party carriers

    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.

  • Wednesday, July 10th 2024 - 08:54 UTC

    Meeting between Lula and Arce signals new era of bilateral ties

    Arce told Lula that Bolivia wanted to join BRICS after entering Mercosur

    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.

  • Tuesday, July 9th 2024 - 10:39 UTC

    Argentine FM backs Lacalle's call for a more flexible Mercosur

    Mondino spoke about ceasing to be a small, protected, fearful Mercosur

    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.

  • Tuesday, July 9th 2024 - 10:16 UTC

    Lula lands in Bolivia with busy schedule ahead

    Presidents Lula and Arce had been earlier Monday in Asunción for the Mercosur Summit

    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.

  • Monday, July 8th 2024 - 21:11 UTC

    Lula warns against “archaic and isolationist nationalism”

    Lula avoided mentioning Milei by name

    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.

  • Monday, July 8th 2024 - 14:07 UTC

    Brazil breaks animal protein export record in first half of 2024

    The top importers of Brazilian beef were: China with 565,654 tons worth US$2.5 billion and United Arab Emirates with 95,000 tons, amounting to US$435 million.

    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.

  • Monday, July 8th 2024 - 07:35 UTC

    Mercosur not going through the best of times ahead of Asunción Summit

    Peña will be handing over the pro-tempore presidency of the bloc to Uruguay's Luis Lacalle Pou

    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.

  • Monday, July 8th 2024 - 07:30 UTC

    Milei attends conservative gathering with the Bolsonaros

    The Argentine president is due back in his country Monday, thus skipping the Mercosur Summit in Asunción

    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.