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MercoPress, en Español

Montevideo, February 6th 2026 - 13:46 UTC

Brazil

  • Tuesday, April 3rd 2018 - 18:56 UTC

    The Kirchners' most trusted official caught in the Odebrecht corruption web

    De Vido (next to a good friend) is suspected of illegally favoring Odebrecht with US$ 2.3bn contracts for the construction of liquefied natural gas projects

    An Argentine judge has charged ex president Cristina Fernandez de Kirchner former planning minister in a case involving Brazilian company Odebrecht. Argentina's official Judicial Information Center says that Julio De Vido was charged Tuesday with carrying out incompatible deals while in public office.

  • Tuesday, April 3rd 2018 - 09:20 UTC

    Cunha, the driving force of Rousseff's impeachment sentenced to 15 years

    Cunha, was forced from his position as speaker in July and arrested in October on accusations he received millions in bribes

    Brazilian court has sentenced the former speaker of the country’s lower house, Eduardo Cunha to more than 15 years in prison for corruption. The ex Worker’s Party member is the highest profile political conviction yet in the ‘operation car wash’ scandal.

  • Tuesday, April 3rd 2018 - 09:06 UTC

    Temer reshuffles cabinet ahead of 7 October general elections

    Temer's presidential palace announced on Saturday that Gilberto Occhi, CEO of state-run bank Caixa Econômica Federal, will assume as the new health minister.

    More than one-third of the ministers in Temer’s cabinet are expected to resign this week to campaign in the 7 October general elections. The most outstanding figure of the lot is Finance minister Henrique Meirelles who is tipped to become the ruling PMDB presidential candidate, following his success in putting the Brazilian economy back on a growth track.

  • Tuesday, April 3rd 2018 - 08:48 UTC

    Brazil subsidized loans for the 2018/19 agriculture program will reach US$ 58bn

    The government’s farm program offers subsidized loans to finance agricultural commodities and make investments such as in silos and agricultural machinery.

    Brazil's Agriculture Ministry plans to increase funds available to finance the farm sector, an official announced, noting that a decline in inflation has allowed the government to boost funding in a country that is the world’s largest exporter of staples like soybeans and coffee.

  • Tuesday, April 3rd 2018 - 08:43 UTC

    Brazil's unemployment stubbornly remains above 12%

    The unemployment rate in Brazil was at 12.2% in the quarter ended in January and at 12.0% in the last quarter of 2017.

    Despite official announcements that Brazil's recession was turning into a mild recovery, the unemployment rate rose to 12.6% in the quarter ended in February, reaching the highest level since mid-2017 and surpassing market expectations of a 12.5% rate, according to the national statistics office.

  • Monday, April 2nd 2018 - 08:57 UTC

    Rousseff and Lula furious with Netflix series “The Mechanism” on corruption

    Rousseff assailed the series as a travesty of history aimed at her Workers’ Party and its founder Lula, who has been convicted of corruption

    Former Brazilian President Dilma Rousseff has accused Netflix of political bias and character assassination in its series based on the massive Car Wash corruption investigation that rocked Brazil’s political establishment. Since its debut last week, the series called “The Mechanism” has enthralled Brazilians with its dramatization of the political scandal that contributed to Rousseff’s downfall and impeachment in 2016.

  • Monday, April 2nd 2018 - 06:01 UTC

    Brazil Finance minister Meirelles expected to announce this week his presidential bid

    Under Brazil's electoral laws, if Meirelles plans to be a presidential candidate, he has to resign from the government post by April 7.

    Brazil's Finance Minister, Henrique Meirelles, will step down from the government this week and join the ranks of the ruling Brazilian Democratic Movement Party, senior government officials said. The news of Meirelles' move was broken by the government's chief of staff, Eliseu Padilha.

  • Sunday, April 1st 2018 - 19:12 UTC

    Trump doesn't care about Latin America, Lula tells Correa

    “It's becoming more and more clear each day that the US doesn't want Latin America to be strong,” Lula claimed.

    Former Brazil's President Luiz Inacio Lula Da Silva, better or simply known as Lula, said Donald Trump “doesn't care about Latin America in the least and added that ”Bush and Condoleezza Rice pursued a much more democratic policy towards Brazil than Barack Obama and Hillary Clinton.” In his view, Obama could give magnificent speeches, but never actually delivered.

  • Saturday, March 31st 2018 - 21:33 UTC

    Members of Temer's entourage arrested in bribe probe

    The arrest warrants were issued by Supreme Court (STF) Justice Luiz Roberto Barroso

    Three people linked to Brazi's President Michel Temer were arrested Thursday in the investigation of a decree the head of state allegedly signed to benefit a port company in exchange for bribes.

  • Friday, March 30th 2018 - 07:04 UTC

    The Economist: Uruguay less dependent on Argentina, Brazil

    Jesko Hentschel, regional director of the World Bank, recalled that Uruguay, unlike Argentina, had won over the confidence of investors

    The British publication The Economist praised Uruguay's progress and underlined its decreasing dependency from giant neighbours Brazil and Argentina.