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MercoPress, en Español

Montevideo, November 24th 2024 - 01:47 UTC

Brazil

  • Tuesday, July 25th 2023 - 11:40 UTC

    Lula expects the Central Bank to lower the benchmark interest rate next week

    Lula has long called on the bank to cut the key Selic rate from its current six-year high of 13.75%, a level the government views as hindering economic growth

    Brazil's President Luiz Inácio Lula da Silva and his economic team in their ongoing battle with the independent Central Bank, have anticipated they expect a cut in the benchmark interest rate, of at least 25 points, pressuring bank policymakers to lower borrowing costs given a dramatic fall in inflation.

  • Tuesday, July 25th 2023 - 11:32 UTC

    Latin-Americas' largest utilities company plans to invest US$ 17bn. in clean energy

    Brazil boasts 84% of its power generation coming from renewable sources, as the country is the second-largest hydropower producer after the United States

    Electrobras, Brazil's main electricity complex has plans to invest some US$ 17 billion in the next five years through mergers and acquisitions. The company said that investments in electricity generation would come in at around US$3.6 billion over the period as it moves to comply with its goal of a clean energy complex.

  • Tuesday, July 25th 2023 - 11:25 UTC

    Brazil: Marielle Franco's murder closer to being solved

    Dino insisted Monday that the “participation of other people” in the crime was “indisputable.”

    The 2018 murder of Carioca activist and councilwoman Marielle Franco is closer to being solved, Security Minister Flávio Dino said Monday after one of the two suspects reached a plea agreement and confessed. “New evidence” confirmed the involvement of the two people arrested for the case, ex-cops Ronnie Lessa and Elcio de Queiroz, said Dino, at a press conference in Brasília.

  • Tuesday, July 25th 2023 - 08:25 UTC

    Brazilian plant to manufacture flying cars

    Eve Air Mobility is a subsidiary of Embraer

    Electric horizontal vertical takeoff and landing vehicles with room for up to five people are to be manufactured by Ever Air Mobility's plant 145 kilometers from the city of São Paulo, Embraer announced. The first deliveries of the so-called “flying cars” are due in 2026.

  • Monday, July 24th 2023 - 10:40 UTC

    Women's World Cup, flexible working hours for Brazilian civil servants to support the Canarinhas

    The Brazilian government has announced civil servants can turn up to work four hours late when the national side – who go by the nickname As Canarinhas — contests the Women's World Cup tournament, co hosted by Australia and New Zealand.

  • Monday, July 24th 2023 - 10:32 UTC

    Lula underscores importance of labor unions in Brazil

    Lula insisted that before him and the Workers' Party boosted by the unions, a worker president was unthinkable

    Brazilian President Luiz Inácio Lula da Silva Sunday recalled his origins as a labor union leader. During the inauguration of the ABC Metalworkers Union (SMABC) board of directors, the head of state addressed how this organization and others of its kind had helped create the Workers' Party (PT) which eventually led him to his office, “something, until then, impossible.”

  • Monday, July 24th 2023 - 10:00 UTC

    Lula needs hip surgery sometime this year

    After being injected with topical painkillers, Lula was able to carry on with his agenda

    Brazilian President Luiz Inacio Lula da Silva Sunday underwent pain-killing treatment at Sao Paulo's Hospital Sirio Libanês before attending a metalworkers' union event, it was reported. Lula has publicly complained of hip pain in recent months.

  • Saturday, July 22nd 2023 - 11:27 UTC

    Brazil: Federal gov't instructs States to issue animal health alert over bird blu

    We are working to keep chicken products safe, Fávaro explained

    In a move to prevent the spread of avian flu onto commercial poultry, Brazil's Ministry of Agriculture and Livestock (MAPA) has directed State governments to declare an animal health emergency, Agencia Brasil reported Friday.

  • Saturday, July 22nd 2023 - 10:49 UTC

    Brazil: 18 illegal miners arrested in Yanomami land

    Operation Ágata Fronteira Norte has so far made 48 arrests

    Brazilian authorities this week arrested 18 illegal miners (garimpeiros) in Yanomami Indigenous Land during the joint operation Ágata Fronteira Norte, according to Defense Ministry sources, Agencia Brasil reported Friday.

  • Saturday, July 22nd 2023 - 10:41 UTC

    Lula signs decree limiting access to guns

    “We are going to continue fighting for a disarmed country,” Lula said

    Brazilian President Luiz Inácio Lula da Silva Friday signed a decree limiting access to guns as part of the “Security Action Program” to curb violence in South America's largest country, it was reported.