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MercoPress, en Español

Montevideo, October 23rd 2025 - 13:27 UTC

Brazil

  • Tuesday, March 11th 2025 - 10:55 UTC

    Canada's new PM's past in Brazil comes to light

    Carney played a senior role at Brookfield, a company linked to deforestation and slave-like labor scandals in the South American country

    Canada's new Prime Minister, Mark Carney, may be a novice in politics but not to scandals, given his past at the investment firm Brookfield Asset Management, where he was vice chair and head of transition investing, later becoming chair of the asset management arm. During his tenure, Brookfield's name was linked to deforestation and slave-like labor practices, which seem to clash with Carney’s public stance on sustainability and climate action.

  • Tuesday, March 11th 2025 - 09:51 UTC

    Brazil’s trade suffering the impacts of lower prices for commodity exports and rise in imports

    The February trade deficit was driven by a decline in exports and a sharp rise in imports, mainly due to a US$ 2.7 billion oil platform purchases.

    Brazil’s trade balance during February experienced a monthly deficit of US$ 323.7 million, the first since January 2022, (US$ 59,1 million). This compares with a trade surplus of US$ 5.13 billion in the same month a year ago. However despite the negative result, Brazil maintained a trade surplus of US$1.9 billion for the first two months of the year, according to Valor Economico, the leading financial media of South America’s leading economy.

  • Monday, March 10th 2025 - 15:55 UTC

    Brazil's Anvisa approves weekly insulin to treat diabetes 1 and 2

    One weekly shot of the new drug is said to achieve the same results as current daily injections

    Brazil's National Health Surveillance Agency (Anvisa) has approved the drug Awiqli, produced by the pharmaceutical company Novo Nordisk, to treat adult patients with type 1 and 2 diabetes, Agencia Brasil reported. It is the first weekly insulin shot in the world. There is no date for launching it nationwide.

  • Monday, March 10th 2025 - 14:31 UTC

    Lula makes key cabinet reshuffle

    Lula is losing popularity and is making moves across the board to bounce back

    Brazilian President Luiz Inácio Lula da Silva Monday launched a cabinet reshuffle by appointing Gleisi Hoffmann as Secretary of Institutional Relations in lieu of Alexander Padilha, who returned to the podition of Health Minister he held between 2011 and 2014 under former President Dilma Rousseff. Padilha replaced Nísia Trinidade, whom Lula sacked on Feb. 25.

  • Monday, March 10th 2025 - 08:56 UTC

    Palmeiras says sanctions against racist Cerro Porteño too lenient

    A Paraguayan fan holding a child was caught on camera imitating a monkey as Figueredo left the pitch to be substituted

    Officials from the São Paulo football club Palmeiras said the South American Football Confederation's sanctions issued Sunday against Paraguay's Cerro Porteño following last week's racist incidents were “extremely lenient.”

  • Saturday, March 8th 2025 - 10:51 UTC

    Lula plans bold measures to keep food prices from soaring

    Consumers should pay a fair price for food, said Lula

    Brazilian President Luiz Inácio Lula da Silva said Friday that he might need to take bold measures to keep food prices from soaring, thus affecting consumers. He also blamed “robbers” for the high price of eggs nationwide.

  • Thursday, March 6th 2025 - 08:24 UTC

    Rio de Janeiro Carnival: Hotel occupancy surpasses 95%

    Rio’s Carnival has grown into a billion-dollar industry

    HotéisRIO, the Cidade Maravilhosa's hotel owners' association, forecast that hotel occupancy during this year's Carnival festivities reached 95.51%, a substantial increase from last year's 80.18%, presumably due to Carnival taking place in March this year, which lures more visitors to the city, Agencia Brasil reported. The survey covers the period from March 1 to 4 as Rio’s Carnival has grown into a billion-dollar industry.

  • Wednesday, March 5th 2025 - 09:12 UTC

    China halts meat imports from Brazil, Argentina, Uruguay, and Mongolia

    The main Argentine plant affected by the measure insisted on the lagging exchange rate between the peso and the US dollar as a key factor for the business to be profitable

    China’s customs authorities have suspended beef imports from seven meatpacking facilities across Brazil, Argentina, Uruguay, and Mongolia as of March 3, 2025. The affected companies include two Argentine exporters (Frigorífico Regional General Las Heras SA and Frio Dock SA), three Brazilian slaughterhouses (Frisa Frigorífico Rio Doce S/A, Bon-Mart Frigorífico Ltda, and JBS S/A), one Uruguayan facility (Frigorífico Sirsil SA), and a Mongolian supplier. No official reason for the measure was provided, though it follows a 2024 record of 2.87 million metric tons of beef imports, which led to an oversupplied market and historically low domestic beef prices in China.

  • Wednesday, March 5th 2025 - 09:00 UTC

    Russian model Irina Shayk keeps heads turning at Rio's Carnival

    For Irina, this was a challenge unlike any runway

    Rio de Janeiro's Carnival is an annual event for many. But for 39-year-old Russian model Irina Shayk, it was her first. She made a stunning debut on Monday, dressed in a spectacular rhinestone costume, as the guest of honor for the samba school Beija-Flor de Nilópolis, one of the most awarded schools in town.

  • Tuesday, March 4th 2025 - 10:50 UTC

    Lula invites Mexico, Colombia, and Uruguay to BRICS Summit

    Lula also pledged to deepen Brazil's partnership with Uruguay

    Brazilian President Luiz Inácio Lula da Silva invited Mexico, Colombia, and Uruguay to participate in the upcoming BRICS summit in July in Rio de Janeiro. The bloc, which includes Brazil, China, and India, represents 40% of the world's population. The summit will focus on reducing dependence on the US dollar and promoting local currencies in transactions.