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MercoPress, en Español

Montevideo, July 5th 2025 - 01:54 UTC

Brazil

  • Thursday, November 3rd 2016 - 09:35 UTC

    Brazilian police killed an average of nine people per day during 2015

    In 2015, 3,345 people were allegedly killed during “police interventions” across Brazil, up 6.3% from the previous year's count of 3,146

    An average of nine people were killed per day at the hands of Brazil's notoriously violent police force in 2015, an increase from last year despite a nationwide drop in murder rates. In 2015, 3,345 people were allegedly killed during “police interventions” across Brazil, up 6.3% from the previous year's count of 3,146. The statistics come from the 10th Public Security Yearbook published by the Brazilian Forum on Public Security.

  • Wednesday, November 2nd 2016 - 07:36 UTC

    Brazilian amnesty program for overseas funds collects US$ 15.8bn

    The extra revenue collected by the government would help the administration of President Michel Temer meet this year’s fiscal target

    The Brazilian government collected 50.9 billion Reais, equivalent to US$15.8 billion in taxes and fines under an amnesty program offered to individuals and corporations with undeclared but legitimate funds parked overseas, the Finance Ministry said on Tuesday.

  • Tuesday, November 1st 2016 - 16:25 UTC

    Brazilian chancellor name, Serra emerges in Petrobras investigation, dating back to 2010 campaign

    The off-the-books operation, according to the reports, was negotiated with former federal congressman, Márcio Fortes (PSDB-RJ), who is close to Serra. (L)

    Brazil's current foreign minister Jose Serra name has emerged in the Petrobras investigation of companies, politicians and company's unfaithful officials. The construction group Odebrecht provided two names to the Lava Jato (Car Wash) investigation as being those who carried out operations that transferred R$ 23 million (US$ 7.3 million) from the construction company to the 2010 presidential campaign of Jose Serra, in off-the-books transactions.

  • Tuesday, November 1st 2016 - 12:40 UTC

    EMBRAER agrees to pay US$ 205m to settle corruption charges

    SEC complaint alleges that Embraer made more than US$83 million in profits as a result of bribe payments from its U.S.-based subsidiary through third-party agents

    Brazil's aircraft manufacturer Embraer has agreed to pay some US$205 million to settle corruption charges involving sales of military and civil airplanes to four customers. records to conceal illicit payments.

  • Tuesday, November 1st 2016 - 07:57 UTC

    Meirelles insists in overhaul of social security rules to restore public finance order in Brazil

    “Without changes to existing retirement laws, he said, Brazil would have to increase already onerous tax levels to keep financing social security payments”

    Brazil must push ahead with reforms, including a proposed cap on government spending and an overhaul of social security rules, to restore long-term order to public finances in Latin America's biggest economy, according to the country's finance minister.

  • Tuesday, November 1st 2016 - 04:59 UTC

    Squall hits Piriapolis - all of Uruguay under metheorological orange alert

    Maldonado Mayor Enrique Antia taking action in the face of severely adverse weather

    From 6 am till Tuesday midnight, according to Inumet. Montevideo, Colonia and other key cities are code yellow. Some experts also speak of tornadoes.The Mayor of Maldonado, Enrique Antia, moved to Piriápolis to see first hand the consequences left by the squall that reached 180 kilometers per hour on Monday, and affected several parts of the city.

  • Tuesday, November 1st 2016 - 02:16 UTC

    Brazil municipal elections runoff ratify “non political” candidates

    Crivella wrote a book in 1999 calling Roman Catholics “demonic” and said Hindus drank their children's blood. He also claimed that homosexuality is evil

    Marcelo Crivella on Sunday won the mayor's race in Rio de Janeiro, beating leftist Marcelo Freixo by a wide margin. Crivella, with the Brazilian Republican party, garnered 59.35% of the votes to 40.65% for Freixo, who is with the Socialism and Freedom Party.

  • Thursday, October 27th 2016 - 03:29 UTC

    Lowering interest rates in Brazil will be “moderate and gradual”, says Central bank

    Lower interest rates and inflation rates are expected to help return to growth: a relief to unpopular President Temer and to 12 million unemployed workers.

    Inflation forecasts for the next couple of years point to limited room for monetary easing in Brazil, the central bank said on Tuesday, suggesting it is unlikely to accelerate the pace of interest rate cuts in its November policy meeting. In the minutes of its Oct. 19 meeting, in which it cut its benchmark Selic rate by 25 basis points to 14%, the bank also said it was worried about a recent pause in the slowdown of services price rises.

  • Wednesday, October 26th 2016 - 05:48 UTC

    Brazilian Lower House votes amendment to cap spending for twenty years

    Temer has vowed restore credibility to Brazil's finances and pull out of its worst recession since the 1930s Great Depression.

    Brazilian President Michel Temer won another victory on Tuesday in his efforts to restore fiscal discipline when the lower house of Congress approved a constitutional amendment to cap spending for 20 years. Heavy public spending, a recession and a massive corruption scandal rocking Brazil's political establishment undermined confidence in Latin America's largest economy.

  • Tuesday, October 25th 2016 - 12:20 UTC

    Temer urges Congress to approve bill easing oil industry regulation and Petrobras monopoly

    The proposed regulatory framework would “create new jobs” and “provide a new boost to investment in the sector,” Temer said at the Rio Oil and Gas conference.

    President Michel Temer urged Congress on Monday to approve a bill that would ease oil industry regulation and strip state-controlled oil giant Petrobras of some of its privileges in Brazil's most promising oil fields. The proposed regulatory framework would “create new jobs” and “provide a new boost to investment in the sector,” Temer said in an address at the opening of the Rio Oil and Gas conference.