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MercoPress, en Español

Montevideo, March 21st 2026 - 19:06 UTC

Brazil

  • Sunday, December 11th 2016 - 19:53 UTC

    Brazil fines five global banks for manipulating exchange rates

    CADE announced that it had hit Barclays, Citicorp, Deutsche Bank, HSBC and JPMorgan Chase with the fines for participating in anti-competitive activities.

    Brazil’s antitrust body has slapped five banks with fines worth a combined 183.5 million reais (US$ 54 million) for creating a cartel to manipulate exchange rates, official sources announced. CADE, an office in charge of preventing economic abuse, announced that it had hit Barclays, Citicorp, Deutsche Bank, HSBC and JPMorgan Chase with the fines for participating in anti-competitive activities.

  • Saturday, December 10th 2016 - 18:06 UTC

    Italian national killed in Brazilian favela

    Italian biker Roberto Bardella in one of his last pictures, wearing the helmet with a camera mounted on it, which eventually cost him his life, Pic FB

    Recalculating his route did not become an option for the Italian national Roberto Bardella who was shot and killed by drug dealers, who mistook him for a policeman, after his navigation system led him into the Morro dos Prazeres favela in Rio de Janeiro.

  • Saturday, December 10th 2016 - 12:18 UTC

    Cristina meets Lula and Dilma in Brazil

    Former Argentine president Cristina Fernandeez and some of her die-hard acolytes went to Sao Paulo to meet with Lula and Dilma now that the star of populism is waning in the entire region

    Former Argentine President Cristina Fernandez Kirchner met with former Brazilian president Luiz Inacio Lula da Silva for an hour and a half at the Lula Institute in the São Paulo district of Ipiranga. Both political leaders discussed the situation of their countries and the region, according to a statement from the LI.

  • Saturday, December 10th 2016 - 10:06 UTC

    Lula accused of helping Saab win US$ 5.6bn defense contract for the air force

    Lula was accused of having used his influence to help Saab win the tender for 36 jets worth around US$5.6 billion.

    Federal prosecutors on Friday filed new criminal charges against Brazil’s former President Lula da Silva for allegedly using his influence for financial gain after he left office. Lula was charged with influence peddling, money laundering and conspiracy.

  • Friday, December 9th 2016 - 10:01 UTC

    Brazil and Argentina agree to open Mercosur to the world and expand trade horizons

    “You can't be a member of a club with full rights without complying with obligations”, said Malcorra in reference to Venezuela

    Brazil and Argentina foreign ministers agreed on Thursday in Brasilia that Mercosur must open to the world and expand its trade horizons, but it will have to be done without Venezuela which has been currently “ceased” from the block. Jose Serra and Susana Malcorra coincided that Mercosur must speed the trade agreement with the European Union taking advantage of the fact US elected-president Donald Trump has pledged to limit such treaties.

  • Friday, December 9th 2016 - 09:47 UTC

    UK and Brazil underline significance of bilateral cooperation and initiatives in strategic areas

    Dr Liam Fox and Minister for Industry, Foreign Trade and Services, Marcos Pereira emphasized the importance of current bilateral cooperation<br /> <br /> <br />

    British Secretary of State for International Trade, Dr Liam Fox, and the Brazilian Minister for Industry, Foreign Trade and Services, Marcos Pereira, emphasized the importance of current bilateral cooperation and agreed initiatives on strategic areas to support mutual economic development, during the 9th UK-Brazil Joint Economic and Trade Committee (JETCO) meeting held in Brasília this week.

  • Thursday, December 8th 2016 - 11:53 UTC

    Temer submits pension reform bill: retirement age raised to 65

    Government figures show the average age of retirement in Brazil is 58, among the lowest in the world.

    Brazil's President Michel Temer submitted a crucial bill to Congress that would raise the retirement age to 65. The draft bill, part of a pension reform plan, would apply to all men under 50 and women under 45, following 25 years of contributing to social security.

  • Thursday, December 8th 2016 - 11:44 UTC

    Brazil Supreme Court defuses clash with Senate, but Calheiros no longer in presidential succession line

    The decision should aid President Temer, who has been counting on Calheiros, a political ally, to help shepherd through Congress unpopular austerity measures

    Brazil’s Supreme Court voted Wednesday to leave Senate President Renan Calheiros in his powerful leadership post, raising hopes economic overhauls making their way through Congress can be approved.

  • Wednesday, December 7th 2016 - 10:57 UTC

    Constitutional clash in Brazil, Senate disobeys Supreme Court: countdown for Temer presidency?

    “It’s a monocratic decision” by a lone judge, Senator Calheiros said in a brief afternoon news conference in the capital in reference to his suspension.

    Brazil moved a step closer to a constitutional crisis on Tuesday as the head of the Senate refused to abide by a Supreme Court Justice ruling stripping him of his powerful post. A defiant Sen. Renan Calheiros told reporters he won’t recognize a decision handed down late Monday by a single high-court judge. The clash could mean the beginning of the countdown for president Michel Temer weak administration and his fiscal reforms program

  • Tuesday, December 6th 2016 - 06:43 UTC

    Renan Calheiros suspended from Parliament during his trial for corruption

    Senate Speaker Renan Calheiros suspended by Supreme Court judge to stand trial for corruption.

    Brazil's Senate Speaker Renan Calheiros was suspended from duties by a Supreme Curt judge Monday, pending his trial where he faces corruption charges in what constitutes anothe blow to President Michel Temer's administration. The decision, made by judge Marco Aurelio Mello was effective immediately, but needs to be confirmed by a majority of judges on the supreme court bench, a court official said.