Brazil

Monday, April 17th 2023 - 22:40 UTC
Brazilian analysts 2023 expectations: stronger Real vs the Dollar and economy will grow below 1%

The Brazilian Central Bank released its weekly Focus Bulletin this Monday, which brings together an estimate of the country's economy's future performance by leading financial markets analysts.
Monday, April 17th 2023 - 15:52 UTC
Ukraine rejects Lula's peace initiative to end the Kyiv/Moscow conflict

Ukraine, arguing sovereignty and territorial integrity has rejected a peace plan proposed by former Brazilian President Lula da Silva, stating that they will not renounce Crimea. Lula's proposal involved the withdrawal of Russian troops from Ukraine and the establishment of an autonomous region in the Donbass region.
Monday, April 17th 2023 - 09:24 UTC
New UAE investment in Brazil announced

Brazilian President Luiz Inácio Lula Da Silva and his entourage reached an agreement with the United Arab Emirates which foresees investments worth R$ 12 billion (around US$ 2.45 billion) in Bahia, Agencia Brasil reported.
Monday, April 17th 2023 - 09:04 UTC
Russian FM kicks off Latin American tour in Brazil

Russia's Foreign Minister Sergei Lavrov is off on a Latin American tour during which he will visit Brazil, Venezuela, Nicaragua, and Cuba between April 17 and 21 to strengthen bilateral cooperation in political, economic, commercial, educational, and humanitarian matters, according to Moscow.
Sunday, April 16th 2023 - 13:01 UTC
Lower-income groups less affected by Brazil's inflation

Inflation in Brazil decelerated for all income brackets in the month of March, according to a report from the Institute for Applied Economic Research (Ipea) released Friday, Agencia Brasil reported.
Saturday, April 15th 2023 - 09:09 UTC
China to open new opportunities for Brazil, Xi tells Lula

Brazilian President Luiz Inácio Lula Da Silva was offered a grand welcome by his Chinese colleague Xi Jinping as both leaders set out the guidelines for a partnership that will undoubtedly play a role in world events. China “will open new opportunities for Brazil,” Xi said.
Saturday, April 15th 2023 - 08:33 UTC
Brazil: Bolsonaro's disenfranchisement requested

Brazil's Electoral Public Prosecutor's Office requested the disenfranchisement of former President Jair Bolsonaro, it was reported. The former head of state has been charged with “abuse of power” for casting doubts about the legitimacy of the electoral system and the electronic ballot boxes in use since 1996.
Friday, April 14th 2023 - 10:00 UTC
Lula visits BRICS development bank and Huawei's tech center

Brazilian President Lula da Silva on Thursday in Shanghai visited the headquarters of the BRICS New Development Bank (NDB) and Huawei's technology development center. At the NDB, Lula met with NDB President Dilma Rousseff, and delivered a speech to the staff. It was the first time that a head of state had paid a visit to the bank.
Friday, April 14th 2023 - 09:35 UTC
Only praise for Brazil and Lula from China; “The two largest developing countries in the Eastern and Western Hemispheres”

The following is the editorial from the Chinese Communist Party daily Global Times on Brazilian president Lula da Silva visit to China.
Friday, April 14th 2023 - 09:14 UTC
Taiana visits Brazilian submarine shipyard

Argentina's Defense Minister Jorge Taiana toured a Brazilian shipyard in Rio de Janeiro, the official news service Télam reported Thursday. The state-owned facilities are specialized in submarines and were opened in 2009.