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MercoPress, en Español

Montevideo, November 22nd 2024 - 22:15 UTC

Brazil

  • Saturday, March 9th 2024 - 09:04 UTC

    Brazil leads the world in exports of seven food commodities

    Brazil leads in soybean exports (56%), corn (31%), coffee (27%), sugar (44%), orange juice (76%), beef (24%), and chicken meat (33%)

    Brazil has become the global leader in the export of at least seven food commodities, following on a report distributed by BTG Pactual to its clients this week.

  • Friday, March 8th 2024 - 08:47 UTC

    Spanish PM insists before Lula: EU needs new partners such as Mercosur

    Brazil and Spain are facing “extremism, the denial of politics, and hate speech, fueled by fake news,” Lula told Sánchez

    Brazilian President Luiz Inácio Lula da Silva and Spanish Prime Minister Pedro Sánchez Wednesday signed a series of bilateral agreements at the Planalto Palace. The documents dealt with communications; science, technology, public administration, and health issues, Agencia Brasil reported. Both heads of government also concurred on the importance of expanding political, commercial, and investment relations.

  • Wednesday, March 6th 2024 - 22:55 UTC

    María Corina Machado hits back at Lula da Silva's criticism: “Me crying, President Lula?”

    “Me crying, President Lula? Are you saying that because I'm a woman? You don't know me. I am fighting to assert the right of millions of Venezuelans who voted for me,” said Machado.

    María Corina Machado, the opposition candidate elected in Venezuela's October primary elections, has responded strongly to Brazilian President Luiz Inácio Lula da Silva's recent comments indirectly criticizing her candidacy.

  • Wednesday, March 6th 2024 - 10:42 UTC

    Boric gives thumbs down to Israel's presence at aerospace event

    Boric's government gave no official reason for its decision

    Chile's Government of President Gabriel Boric Font has given the thumbs down to the presence of Israeli companies at the 2024 edition of the traditional aerospace FIDAE event, which was announced in Santiago on Tuesday. A statement from the Defense Ministry read that the measure was adopted “by decision of the Chilean government” with no further explanations as to the reasons for it, although it is speculated that it is in reprisal of Israel's military deployment in Gaza.

  • Wednesday, March 6th 2024 - 10:40 UTC

    Brazilian Air Force phasing out iconic Hercules

    The iconic model will be replaced by the locally-built KC-390

    Brazil's Air Force (FAB) is phasing out the iconic US-built Lockheed C-130 Hercules four-engined turboprop aircraft to replace it with the locally-produced Embraer KC-390 Millennium, of which a total of 19 units are expected to be delivered.

  • Tuesday, March 5th 2024 - 10:49 UTC

    Second case of local dengue reported in Uruguay

    It was a different subtype of dengue from the one announced last Friday, Uruguay's Health Ministry explained

    Uruguayan health authorities confirmed Monday the second case of autochthonous dengue in the country, it was reported in Montevideo.

  • Tuesday, March 5th 2024 - 10:41 UTC

    Brazil: Services sector driving prices upward, BCB President warns

    The BCB will pursue the inflation target to the letter but the market still expects it to be higher, Campos Neto pointed out

    Brazil's Central Bank (BCB) President Roberto Campos Neto said on Monday that inflation in South America's largest country was taking a turn in a “benign” direction, Agencia Brasil reported. In his view, the services sector requires the most attention because it has “started to put a bit of pressure” on prices.

  • Tuesday, March 5th 2024 - 10:26 UTC

    Lula and Georgieva hold a “good conversation”

    Lula insisted that the IMF needs to be “more representative of today's world”

    Brazilian President Luiz Inácio Lula da Silva Monday suggested International Monetary Fund (IMF) Managing Director Kristalina Georgieva should move on with the reform of the credit agency, among other issues they discussed during their “good conversation” in Brasilia where they also reviewed “social inclusion” and the “Poverty in the world” project.

  • Monday, March 4th 2024 - 10:58 UTC

    Argentina and Brazil “blocking” Mercosur's progress, Uruguayan President says

    It was Lacalle's last March 2 message to Parliament as head of state

    President Luis Lacalle Pou told his country's Parliament Saturday that Uruguay needed to open up to the world. In his last accountability for the year speech as head of state before Parliament, he also singled out Argentina and Brazil for “blocking” Mercosur agreements and insisted on the importance of achieving fiscal goals, low inflation, employment growth, educational transformation, and making the regional bloc more flexible.

  • Saturday, March 2nd 2024 - 10:50 UTC

    Brazil: IBGE announces economy grows 2.9% in 2023

    “Agriculture grew by 15.1% last year, pushed by the growth in soybean and corn production,” IBGE's Rebeca Palis said

    According to a report released Friday by Brazil’s Institute of Geography and Statistics (IBGE), the gross domestic product (GDP) in South America's largest country grew by 2.9% in 2023 driven by a record 15.1% expansion in the agricultural sector. It was the most significant leap since the beginning of the series in 1995. Industry (1.6%) and services (2.4%) also saw an improvement.