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Montevideo, July 3rd 2025 - 22:02 UTC

Brazil

  • Friday, August 4th 2023 - 09:14 UTC

    Suspected deforestation gang leader arrested in Brazil

    Greater control by the government of President Luiz Inácio Lula da Silva reduced logging but it is not enough

    Brazil's Federal Police arrested a businessman believed to be the leader of a “criminal group” responsible for the logging of 65 square kilometers of rainforest. The suspect is said to have illegally seized the Amazon land in the state of Pará for logging and cattle ranching.

  • Friday, August 4th 2023 - 08:04 UTC

    Lula's lawyer formally becomes a member of Brazil's Supreme Court

    Zanin managed to convince the Supreme Court to annul all convictions of Lula and in 2021 ruled that the judge overseeing the case had been biased.

    Brazilian president Lula da Silva's lawyer, Cristiano Zanin, 47, took a seat for life on the country’s Supreme Court on Thursday. Zanin helped Lula overturn convictions stemming from Brazil’s sprawling “Car Wash” corruption investigation and was freed after 580 days of incarceration.

  • Thursday, August 3rd 2023 - 10:50 UTC

    Relief in Brazil, Central bank lowers benchmark interest rate by 50 basis points

    The bank's rate-setting committee Copom cut its Selic policy rate to 13.25%, as anticipated by a majority of economists.

    Wednesday relief for the Brazilian government, the central bank decided on a more aggresive rate-cutting reducing its benchmark interest rate by 50 basis points and signaling more of the same in the months ahead due to an improving inflation outlook.

  • Thursday, August 3rd 2023 - 10:35 UTC

    Lula supports several countries joining BRICS, “if they comply with our rules”

    “Possibly, in this meeting, we can already consensually decide which new countries can join BRICS,” Lula told international journalists in the capital, Brasilia

    Brazilian President Lula da Silva said on Wednesday that he supports more countries joining the BRICS group of large developing nations, (Brazil, Russia, India, China, and South Africa) when the group holds its summit in Johannesburg from Aug. 22 to 24.

  • Thursday, August 3rd 2023 - 10:31 UTC

    Police operation in Rio de Janeiro favelas leaves 10 killed

    At least 45 people have died in various police operations nationwide

    A police operation in Rio de Janeiro slums known as favelas aimed at “locating and arresting members of criminal groups” has left 10 people killed, according to local media reports, thus bringing to 45 the number of deaths in similar operations by security forces nationwide in the last six days.

  • Thursday, August 3rd 2023 - 10:07 UTC

    Random executions reported in Brazilian State of São Paulo

    The Public Security Secretariat has maintained there is no evidence of these allegations

    Brazilian Military Police (PM) forces have allegedly committed extra-judiciary executions during Operation Shield in the past few days in the city of Guarujá, on the coast of São Paulo, Agencia Brasil reported Wednesday. The officers randomly killed people identified as former prison inmates or with a police record, according to residents of the neighborhoods where the deaths occurred.

  • Thursday, August 3rd 2023 - 10:05 UTC

    The world must help Brazil preserve the Amazon, says Lula

    Lula wants to convince the world that investing is cheap if it is to keep the forest standing

    Brazilian President Luiz Inácio Lula da Silva Wednesday insisted that “The world must help” his country preserve the Amazon after deforestation in that natural area went down by 33.6% in the first semester of 2023, following Lula's Jan. 1 inauguration.

  • Thursday, August 3rd 2023 - 07:05 UTC

    Petrobras processing more oil in domestic refineries, as export volumes drop 22%

    Petrobras exported, in the second quarter of this year, 411.000 bpd of oil, which represented a decrease of 22.6% in comparison with the same period last year.

    Brazil's giant oil and gas corporation Petrobras this week presented its second-quarter report, which showed a drop in oil exports in a scenario of increased processing at domestic refineries.

  • Wednesday, August 2nd 2023 - 10:35 UTC

    Ten killed in controversial police raid in Brazilian State of São Paulo

    “I am extremely satisfied with the police action,” said Governor De Freitas.

    Brazilian authorities in the State of São Paulo confirmed ten people had died in a law enforcement operation following the murder of 30-year-old Military Police officer Patrick Bastos Reis. Commissioner Antônio Sucupira of Guarujá's Civil Police said two other people died Monday after Governor Tarcísio Gomes de Freitas had spoken of eight casualties. Ten others were arrested, including the suspected shooter, it was reported.

  • Tuesday, August 1st 2023 - 12:19 UTC

    Brazil dominates increasing share of China's soybean market

     Chinese buyers are snapping up Brazilian soybeans for delivery in October, a time of year when US exports are typically at their peak

    The world’s soybean market is dominated by one major buyer: China, and for years, Mercosur's leading member Brazil has taken an increasingly bigger share of that trade away from the US. So much so that Brazilian shippers are even starting to dominate during the typical season lull.