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MercoPress, en Español

Montevideo, November 23rd 2024 - 11:27 UTC

Brazil

  • Wednesday, December 20th 2023 - 10:45 UTC

    IMF says Brazil is the 9th economy in the world

    “They don't know the work you have to do to be so lucky,” Lula said

    According to a report from the International Monetary Fund (IMF) released Tuesday, Brazil is now the ninth-largest economy in the world, thus displacing Canada from that position.

  • Tuesday, December 19th 2023 - 10:14 UTC

    Brazil sees bilateral trade with Argentina falling in 2024

    Bilateral trade Argentina/Brazil reached US$ 27 billion in eleven months of 2023, with Brazilian exports totaling US$ 17bn, and Argentina US$ 11bn.

    Brazil's main financial and business publication, Valor Economico is forecasting that bilateral trade with Argentina is expected to fall in 2024, based on the recent measures announced by the government of president Javier Milei. In the eleven months of 2023, bilateral trade between Argentina and Brazil reached US$ 27 billion, with Brazilian exports totaling US$ 17bn, and Argentina US$ 11bn.

  • Tuesday, December 19th 2023 - 10:00 UTC

    Brazilian court orders posts linking Covid-19 vax to VAIDS removed

    Brazil's AGU warned that the association of vaccines with AIDS harms public health

    The 20th Federal Court of Rio de Janeiro Monday ordered the removal of publications on websites and Telegram channels linking Covid-19 vaccines with the alleged development of a “vaccine-acquired immunodeficiency syndrome” (or VAIDS), Agencia Brasil reported.

  • Monday, December 18th 2023 - 10:53 UTC

    Argentina to buy electricity from Brazil due to storm

    The storm came as the Argentine government was already planning to increase the price of electricity for consumers citing a new emergency

    Following the disruption caused by last weekend's storms to the country's grid, Argentina will import electricity from Brazil on a transitory basis, it was reported Sunday, in addition to other emergency measures adopted to face the crisis and restore supply in parts of the Autonomous City of Buenos Aires (CAMA) and its Metropolitan Area (AMBA).

  • Monday, December 18th 2023 - 10:41 UTC

    Brazilian diplomacy manages to cool tensions between Venezuela and Guyana

    Nicolas Maduro and Guyana elected president held a first meeting, over the disputed region in the Grenadines which currently holds the chair of Celac, Community of Latin American and Caribbean States

    In what is considered a success for Brazilian diplomacy, Venezuela and Guyana pledged in a joint statement last Thursday, not to resort to force to settle a long-standing dispute over contested land and adjoining sea in an oil and gas-rich region known as the Essequibo.

  • Monday, December 18th 2023 - 09:58 UTC

    Covid-19: First Pirola case confirmed in Ecuador

    According to the WHO, “Pirola” is circulating worldwide and is considered a variant of concern

    Ecuadorian authorities confirmed Sunday the detection of the first case of the so-called Pirola variant (BA.2.86) of the SARS-CoV-2 virus in a woman in Quito, who has been reported to be stable and “receiving outpatient treatment at home,” according to a statement from the Health Ministry, which is carrying out an epidemiological follow-up and monitoring of the patient.

  • Friday, December 15th 2023 - 10:36 UTC

    Brazil: Selic cut for fourth time in a row

    A similar reduction is foreseen for late January

    Brazil's Central Bank (BCB) cut the Selic benchmark rate for the fourth consecutive time, from 12.25% to 11.75% per annum, in line with market expectations, it was reported in Brasilia. The Selic is now at its lowest level since reaching 10.75% in March 2022.

  • Thursday, December 14th 2023 - 12:07 UTC

    Can Brazil stop Venezuela from invading Guyana?

    President Lula da Silva with his neighbor Nicolás Maduro

    By Thiago de Aragão (*) The Brazilian government, eager to assert itself as South America’s preeminent power, finds itself at a crossroads. The victory of libertarian opportunist Javier Milei in Argentina’s recent presidential election has added a new element of uncertainty to Brazil’s relationship with its southern neighbor.

  • Thursday, December 14th 2023 - 10:59 UTC

    Ties between Brazil and Argentina to remain despite ideological differences, FM says

    The bilateral relationship will continue well beyond the fact that Lula did not attend Milei's inauguration, Vieira explained

    Brazil intends to keep a good relationship with Argentina despite the ideological differences between the governments of Javier Milei and Luiz Inácio Lula da Silva, Foreign Minister Mauro Vieira told the Lower House's Foreign Affairs Committee on Wednesday.

  • Thursday, December 14th 2023 - 10:48 UTC

    Lula insists a ceasefire in Gaza is urgently needed

    “Brazil continues to mourn the tragic conflict between Israel and Palestine,” said Lula

    Brazilian President Luiz Inácio Lula da Silva Wednesday decried the “daily violation” of human rights by the Israeli forces in Gaza and called for a “permanent ceasefire”.