Brazilian authorities announced Tuesday the South American country's decision to join the Organization of 13 Petroleum Exporting Countries (OPEC) and 10 observer nations, commonly referred to as OPEC+. According to Mines and Energy Minister Alexandre Silveira, the move would in in line with Brazil's goals and would not collide with its environmental commitments. Brazil will participate in the OPEC Cooperation Charter, a forum for discussing oil market strategies without binding obligations to follow cartel policies like production cuts.
Brazilian President Luiz Inácio Lula da Silva welcomed Portugal's Heads of State and Government Marcelo Rebelo de Sousa and Prime Minister Luís Montenegro respectively, to launch a series of bilateral vents to take place in the South American country. The Free Trade Agreement between Mercosur and the European Union (EU) will also be on the agenda. The Workers' Party leader had been to Portugal in 2023.
Rio de Janeiro City authorities Monday recorded a temperature of 44ºC, the highest on the Rio Alert System files since 2014, and with no rain forecast for Tuesday, Wednesday, or Thursday. Temperatures are thus expected to be above 40°C with moderate winds on Tuesday afternoon while dropping slightly in the coming days.
Brazilian authorities announced Saturday that the Almirante Tamandaré (Búzios 7) offshore oil production platform, the largest in the country, began operating in the Búzios Field, in the Santos Basin, around 180 kilometers off Rio de Janeiro. The platform ship can process up to 225,000 barrels of oil and 12 million cubic meters of natural gas per day.
Brazilian Health Authorities widened the age range of potential recipients of the dengue vaccine as many doses were approaching their expiration date. The move seeks that every dose purchased reaches the population, it was explained. In addition, some batches of the drug could also be delivered to locations previously not covered by the immunization Unified Health System (SUS) programs.
Scientists at Brazil's National Center for Research in Energy and Materials (CNPEM) have discovered a biocatalyst called CelOCE (Cellulose Oxidative Cleaving Enzyme) stemming from a soil bacteria, which can transform waste into biofuel. The enzyme, isolated from bacteria found in sugarcane bagasse, enhances the breakdown of cellulose, increasing glucose release by up to 21%. The study showing these findings was published Thursday in the journal Nature.
Brazilian Vice President and Minister of Development, Industry, Trade and Services, Geraldo Alckmin, defended on Wednesday the establishment of exemption quotas for steel and aluminum to be shipped to the United States, as it happened during US President Donald Trump's previous government (2017-2021).
The Brazilian Air Force (FAB) Wednesday shot down a plane that clandestinely entered from Venezuela carrying drugs. The measure was within legal protocols, it was explained. The aircraft was intercepted and instructed to land but failed to comply.
Brazil's Finance Minister Fernando Haddad stressed Tuesday that US President Donald Trump's decision to impose 25% tariffs on steel and aluminum imports was “counterproductive” to the global economy. “The global economy loses with this, with this retraction, with this de-globalization that is happening,” he added.
Inflation last month in South America's largest country reached 0.16%, January's lowest since 1994, the Brazilian Institute of Geography and Statistics (IBGE) announced Tuesday. The agency also noted that the main cause for such an unprecedented feat after the introduction of the real was the so-called Itaipu Bonus, a special discount on electricity bills benefitting some 78 million consumers. The Real Plan was implemented in July of that year.