Brazil's Vicepresident Hamilton Mourao Tuesday said in Buenos Aires that his country and Argentina must help each other as he attended President Alberto Fernández' inauguration after news reports had heralded the Jair Bolsonaro administration was not sending any dignitaries for the occasion.
Brazil’s government scrapped plans to send a delegate to Alberto Fernandez’s inauguration ceremony in Argentina, representing an escalation in tensions between South America’s top economies.
If elections were held today in Brazil, president Jair Bolsonaro would be the clearly re-elected with the exception of two scenarios, if facing ex-president Lula da Silva, and current Justice minister Sergio Moro, according to a public opinion poll contracted by the magazine Veja.
Brazilian consumer price inflation bounced back to seven-month highs in November from ultra-low levels the month before, led by the rising cost of meat and regulated prices like electricity, official figures showed on Friday.
Brazil’s statistics agency IBGE will revise the country’s third quarter GDP figures, it said, after upward revisions to export data this week suggested growth may have been stronger than first estimated.
Brazil’s President Jair Bolsonaro said on Thursday that Mercosur trade block needs to hurry up and implement agreements the group has negotiated.
In what was his last international activity, outgoing president Mauricio Macri attended the 55th Mercosur leaders summit in Bento Goncalves, southern Brazil, which he described as a special diplomatic occasion for his administration's strive to put Argentina back in the wide world map.
Brazil on Thursday handed over the six-month rotating presidency of the Mercosur trade bloc (Southern Common Market) to Paraguay. During a ceremony at the bloc's 55th summit in Bento Goncalves, Brazil's president Jair Bolsonaro expressed confidence in his Paraguayan counterpart Mario Abdo Benitez and his leadership skills.
Argentine president elect Alberto Fernandez confirmed Felipe Solá as his foreign minister and Daniel Scioli as ambassador in Brazil, following a meeting with a delegation of Brazilian lawmakers at his Buenos Aires headquarters. The Brazilian delegation was headed by the Lower House president, Rodrigo Maia.
The Brazilian government’s commitment to getting public finances in order and maintaining strict fiscal discipline will lead to the country’s sovereign credit rating being upgraded, Treasury Secretary Mansueto Almeida said on Thursday.