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MercoPress, en Español

Montevideo, July 3rd 2025 - 11:00 UTC

Brazil

  • Thursday, August 1st 2024 - 23:00 UTC

    Petrobras increases yoy output in 2Q of 2024

    A milestone for Petrobras milestones in this quarter was the arrival of the Marechal Duque de Caxias FPSO vessel platform

    Brazil's State-run company Petrobras posted this week a 2.4% interannual increase in oil and natural gas output in the second quarter of 2024, with 2.7 million barrels of oil equivalent per day (boed) thanks to improving performances at five sea platforms and 12 wells, eight of them in the Campos Basin and four in the Santos one. However, compared to this year's first quarter of this year, average production fell 2.8% due to maintenance shutdowns and the natural decline of mature fields.

  • Thursday, August 1st 2024 - 21:03 UTC

    Brazilian flag flies over Argentine Embassy in Caracas

    Brazil is also representing Peruvian interests in Venezuela

    The Brazilian flag was hoisted Thursday at the Argentine Embassy in Caracas, where six Venezuelan asylum seekers were left behind by the departing diplomatic team.

  • Thursday, August 1st 2024 - 09:11 UTC

    Brazil representing Argentine interests in Caracas

    The fate of the six opposition asylum-seekers is yet to be known when the Argentine Embassy is vacated

    Brazil's diplomatic mission in Caracas will be representing Argentina's interests starting Thursday at 9 am local time after the Venezuelan regime of President Nicolás Maduro expelled Buenos Aires' delegation given President Javier Milei's decision not to recognize the results of the elections announced last Sunday whereby the incumbent head of state would have been chosen for the 2025-2031 term.

  • Thursday, August 1st 2024 - 09:07 UTC

    Brazil's Copom keeps Selic unchanged

    Most analysts concurred that there were uncertainties regarding the fiscal deficit

    Brazil's Central Bank (BCB) Monetary Policy Committee (Copom) unanimously agreed Wednesday to keep the Selic basic interest rate at 10.5% per year, Agencia Brasil reported. The measure followed through on June's decision to stop the downward cycle that spanned from August last year until March this year, during which the Selic was lowered by 0.5 percentage points at each meeting until in May it was 0.25 percentage points.

  • Wednesday, July 31st 2024 - 10:55 UTC

    Lula and Biden discuss Venezuelan elections and put pressure on Maduro

    Lula and Biden agreed the minutes needed to be produced

    Presidents Luiz Inácio Lula da Silva of Brazil and Joseph Biden of the United States Tuesday discussed the Venezuelan crisis during a telephone conversation, Agencia Brasil reported. The South American leader insisted on the importance of the minutes of each voting station being released and Biden concurred.

  • Tuesday, July 30th 2024 - 09:23 UTC

    Lula would negotiate with Gustavo Petro to demand transparency in Venezuela's Elections

    A Brazilian government official highlighted Lula's frustration with Maduro's failure to uphold promises of transparency

    In response to the controversial presidential elections in Venezuela, which declared Nicolás Maduro the winner with 50.20% of the vote without transparency, Brazilian President Luiz Inácio Lula da Silva is negotiating a joint statement with Colombian President Gustavo Petro and Mexican President Andrés Manuel López Obrador. This statement would demand a transparent recount of the votes to ensure legitimacy and accuracy in the electoral process.

  • Monday, July 29th 2024 - 22:03 UTC

    Lula's gov't not congratulating Maduro for now

    Brazil will play it nice and slow before congratulating any winner

    While many governments in the region said they were doubting Venezuelan President Nicolás Maduro's reelection on Sunday, the Brazilian administration of Luiz Inácio Lula da Silva reaffirmed the fundamental principle of popular sovereignty and said it would wait for the release of all the minutes before congratulations are in order, Agencia Brasil reported.

  • Monday, July 29th 2024 - 07:00 UTC

    Authorities seize backpack with explosives on Uruguay-Brazil border

    Sunday's event came a week after the murder of a known drug trafficker in the area

    A backpack containing an explosive device was picked up by authorities on the line between the cities of Rivera in Uruguay and Santana do Livramento in Brazil, it was reported Sunday.

  • Saturday, July 27th 2024 - 07:41 UTC

    Brazil's Lençóis Maranhenses Park a World Heritage Site, UNESCO rules

    The Lençóis Maranhenses Park is located about 250 kilometers from São Luís, capital of the State of Maranhão

    The United Nations Educational, Scientific, and Cultural Organization (UNESCO) Friday declared Brazil's Lençóis Maranhenses National Park a World Natural Heritage Site, making it the South American country's eighth such place, Agencia Brasil reported. The announcement was made during the UNESCO World Heritage Committee session in New Delhi, India. The application dossier had been submitted in 2018.

  • Friday, July 26th 2024 - 10:53 UTC

    Maduro's “bloodbath” message turns leftwing governments against him

    Lula, Boric, and Petro insist Maduro needs to accept the outcome of Sunday's elections

    Leftwing governments in South America seem to have turned their backs on Venezuelan ruler Nicolás Maduro after he forecasted last week that his country would be heading for a bloodbath if he failed to win Sunday's presidential elections.