Brazil

• Wednesday, March 13th 2024 - 06:19 UTC

  Brazil's massive goods foreign trade is in US dollars but there are incipient deals in Euros and Reais

  

  Brazil's foreign trade in goods, some US$ 640bn annually is done mostly in US dollars, some 95%, but there are some inroads to other currencies such as the Euro and its own Brazilian Reais. These figure come from an annual report on trade operations’ currency statements compiled by Brazil’s Foreign Trade Secretariat of the Ministry of Development, Industry, Trade, and Services (Secex-MDIC), and revealed last week.

• Tuesday, March 12th 2024 - 10:38 UTC

  Brazil to build memorial site for Covid-19 victims

  

  Brazilian authorities will build a memorial in Rio de Janeiro to honor the some 710,000 people who died of COVID-19 during the international crisis, Agencia Brasil reported.

• Saturday, March 9th 2024 - 09:24 UTC

  Argentina picks Raimondi for embassy in Brasilia

  

  Following former Vice President Daniel Scioli's departure from Argentina's embassy in Brasilia, Guillermo Daniel Raimondi will be his successor, it was reported after the administration of President Luiz Inácio Lula da Silva greenlighted his appointment.

• Saturday, March 9th 2024 - 09:04 UTC

  Brazil leads the world in exports of seven food commodities

  

  Brazil has become the global leader in the export of at least seven food commodities, following on a report distributed by BTG Pactual to its clients this week.

• Friday, March 8th 2024 - 08:47 UTC

  Spanish PM insists before Lula: EU needs new partners such as Mercosur

  

  Brazilian President Luiz Inácio Lula da Silva and Spanish Prime Minister Pedro Sánchez Wednesday signed a series of bilateral agreements at the Planalto Palace. The documents dealt with communications; science, technology, public administration, and health issues, Agencia Brasil reported. Both heads of government also concurred on the importance of expanding political, commercial, and investment relations.

• Wednesday, March 6th 2024 - 22:55 UTC

  María Corina Machado hits back at Lula da Silva's criticism: “Me crying, President Lula?”

  

  María Corina Machado, the opposition candidate elected in Venezuela's October primary elections, has responded strongly to Brazilian President Luiz Inácio Lula da Silva's recent comments indirectly criticizing her candidacy.

• Wednesday, March 6th 2024 - 10:42 UTC

  Boric gives thumbs down to Israel's presence at aerospace event

  

  Chile's Government of President Gabriel Boric Font has given the thumbs down to the presence of Israeli companies at the 2024 edition of the traditional aerospace FIDAE event, which was announced in Santiago on Tuesday. A statement from the Defense Ministry read that the measure was adopted “by decision of the Chilean government” with no further explanations as to the reasons for it, although it is speculated that it is in reprisal of Israel's military deployment in Gaza.

• Wednesday, March 6th 2024 - 10:40 UTC

  Brazilian Air Force phasing out iconic Hercules

  

  Brazil's Air Force (FAB) is phasing out the iconic US-built Lockheed C-130 Hercules four-engined turboprop aircraft to replace it with the locally-produced Embraer KC-390 Millennium, of which a total of 19 units are expected to be delivered.

• Tuesday, March 5th 2024 - 10:49 UTC

  Second case of local dengue reported in Uruguay

  

  Uruguayan health authorities confirmed Monday the second case of autochthonous dengue in the country, it was reported in Montevideo.

• Tuesday, March 5th 2024 - 10:41 UTC

  Brazil: Services sector driving prices upward, BCB President warns

  

  Brazil's Central Bank (BCB) President Roberto Campos Neto said on Monday that inflation in South America's largest country was taking a turn in a “benign” direction, Agencia Brasil reported. In his view, the services sector requires the most attention because it has “started to put a bit of pressure” on prices.