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MercoPress, en Español

Montevideo, February 16th 2025 - 03:03 UTC

Brazil

  • Thursday, January 23rd 2025 - 08:59 UTC

    Brazil: Dollar plunges to lowest level since November

    Brazil's economy was a mirror of announcements by the new Trump administration in Washington

    The US dollar fell Wednesday below R$ 6 following Donald Trump's second inauguration this week in Washington DC, thus reaching its lowest level since November. Meanwhile, the stock market fell for the first time after three straight rises. The commercial dollar closed Wednesday at R$ 5.946 after hitting R$ 5.91 around 2 pm. So far this year, the US dollar went down by 3.79%.

  • Wednesday, January 22nd 2025 - 09:30 UTC

    Brazilian Central Bank report foresees 5.08% inflation for this year

    The Brazilian real is expected to grow against the US dollar in the coming years, the Focus Bulletin said

    The Focus Bulletin released earlier this week by Brazil's Central Bank (BCB) projected a 5.08% inflation for this year in South America's largest country. The new prediction represented a slight twitch from last week's 5% National Consumer Price Index (IPCA). Meanwhile, Brazil's Gross Domestic Product (GDP) - the sum of goods and services produced in the country - is expected to grow by 2.04% in 2025, a slight improvement from 2.02% the week before.

  • Tuesday, January 21st 2025 - 09:25 UTC

    Brazilian authorities to encourage use of DIY HIV tests

    A positive outcome is not a conclusive diagnosis and further testing is required, it was explained

    Brazilian agencies encouraged manufacturers to pack their do-it-yourself HIV self-test kits more discreetly to encourage people to use them at home and avoid crowding healthcare facilities, Agencia Brasil reported.

  • Friday, January 17th 2025 - 09:44 UTC

    Floods hit southern Brazil's State of Santa Catarina

    In just a few hours, more than half the volume expected for the entire month of January fell, Mello pointed out

    The beach resort of Camboriú in the southern Brazilian State of Santa Catarina has been declared under emergency Thursday following heavy rains that flooded that place and others such as Florianópolis.

  • Thursday, January 16th 2025 - 22:03 UTC

    Bolsonaro denied passport to attend Trump's inauguration

    Once again De Moraes ruled against returning Bolsonaro his passport

    Brazilian Supreme Federal Court (STF) Justice Alexandre De Moraes deemed former President Jair Bolsonaro a flight risk and refused to return his passport, which the retired Army captain needed to attend Donald Trump's inauguration in Washington DC on Jan. 20. Bolsonaro is under investigation in various cases and had been ordered to surrender his travel document.

  • Thursday, January 16th 2025 - 10:09 UTC

    Azul and Gol announce merger to create aviation giant

    The new company would serve more than 200 destinations in Brazil and abroad but the process is at least one year away

    Brazilian airlines Azul and Gol announced Wednesday after trading closed on the São Paulo Stock Exchange (Bovespa) that they had signed a memorandum of intent to finalize a merger whereby one of the largest airlines in Latin America would be created. If the plan goes through, the resulting airline would have a 60% share in Latin America's largest country, thus challenging Latam's hegemony.

  • Wednesday, January 15th 2025 - 10:38 UTC

    Meta tells Brazil end of fact-checking limited to the US

    Meta's new policies need to conform to Brazilian legislation

    The end of the fact-checking service provided by Facebook, Instagram, and WhatsApp owning Meta has only been implemented in the United States (US), at least for the time being. The company made those remarks to Brazil's Federal Attorney General's Office (AGU) checking the company's compliance to the legislation in force in the South American country.

  • Wednesday, January 15th 2025 - 08:47 UTC

    Brazil’s 2024/25 harvest production estimated to reach 322.2 million tons, with soy exports of 105 million tons

    Soybeans total production is estimated at 166.33 million tons, 18.61 million higher than the previous crop with an average yield of 3.509 kilos per hectare

    Brazilian farmers should harvest 322,2 million tons of grains from the 2024/25 crop, representing an 8,2% increase over 2023/24, equivalent to an additional 24.5 million tons, according to the latest estimates from Conab, the county’s National Supply Company.

  • Tuesday, January 14th 2025 - 10:55 UTC

    Brazil’s reacts to Meta’s decision to drop fact checking program, “social media will not become a lawless land”

    Brazil's Supreme Court will not allow technology companies to exploit their use of hate speech for profit, Moraes said

    Brazil’s government and Justice Branch have reacted strongly to Meta’s announcement to abandon its fact checking program. The country’s newly appointed Communication Minister Sidonio Palmeira criticized Meta's decision, calling it “bad for democracy.”

  • Tuesday, January 14th 2025 - 10:23 UTC

    Lula signs into law the banning of cell phones in elementary schools

    We need to go back to allowing humanism not to be replaced by algorithms,” Lula stressed

    Brazilian President Luiz Inácio Lula da Silva signed Monday into law Bill 104/2015 restricting the use of portable electronic devices such as cell phones in public and private elementary schools nationwide. A presidential decree is due in the next 30 days to regulate the measure so that it becomes valid by the start of the school year in February. The bill was approved by Congress at the end of last year.