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MercoPress, en Español

Montevideo, November 26th 2024 - 19:57 UTC

Tag: Brazil

  • Tuesday, May 22nd 2018 - 07:36 UTC

    Trucks loaded with soybeans block main highways in Brazil to protest fuel prices

    The demonstrations added to pressure on the federal government to provide some relief from rising fuel costs

    Brazil lorry drivers blocked major roadways around the capital of the country's largest grain state to protest increases in domestic fuel prices, affecting highways in 18 states, the federal highway police said on Monday.

  • Monday, May 21st 2018 - 09:02 UTC

    Lula's political “handy man” Dirceu, starts 31-year prison sentence for corruption

    Dirceu was jailed in Papuda, near Brasilia, and could next be transferred to the city of Curitiba, where the giant “Car Wash” anti-corruption operation is based

    Jose Dirceu, former chief of staff under ex-president Luiz Inacio Lula da Silva, surrendered last Friday to start a nearly 31-year prison sentence for corruption, officials said. Dirceu lost an appeal against his conviction for money laundering, corruption and membership of a criminal group, at a court in Porto Alegre on Thursday.

  • Saturday, May 19th 2018 - 09:43 UTC

    Why the high unemployment rate in Brazil is going down

    As the end of the first quarter, 4.6 million people found themselves in a state of helplessness – an increase of 511 thousand people over the course of one year.

    The number of people living in Brazil in a state of helplessness has reached record levels and has actually contributed to the reduction of the unemployment rate over the past 12 months. As the first quarter of 2018 came to an end, 4.6 million people found themselves in a state of helplessness – an increase of 511 thousand people over the course of one year.

  • Friday, May 18th 2018 - 08:34 UTC

    Lula lashes out at his “farce” imprisonment; Judge strips him of presidential privileges

    Lula's jailing in April almost certainly knocks him out of the October election in which opinion polls show him to be the frontrunner.

    Brazil's ex-president Luiz Inacio Lula da Silva on Thursday lashed out against his imprisonment for corruption but the government rejected his claim to have been victim of a “farce” and a judge stripped him of presidential privileges. In a column in French newspaper Le Monde, Lula called his conviction and 12 year sentence for graft “a judicial farce” and said that presidential elections would be unfair without his participation.

  • Thursday, May 17th 2018 - 09:22 UTC

    Temer claims that in two years his administration has takes Brazil out of recession

    “We are responsible and proud for having taking the country out of its worst recession in history”, said Michel Temer

    Brazilian President Michel Temer said this week that his administration has taken the country out of debt and successfully overcome the brutal economic recession of the past two years.

  • Thursday, May 17th 2018 - 08:53 UTC

    Brazil reacts strongly to EU ex-leaders asking for Lula to run for office

    French ex-president Francois Holland and Spanish former PM Jose Luis Rodriguez Zapatero, called Lula's imprisonment for corruption “hurried”

    Brazil on Wednesday lashed out at a demand by former European leaders for disgraced ex-president Lula da Silva to be allowed to take part in elections this year. A group of former EU left leaning leaders, including French ex-president Francois Holland and Spanish former prime minister Jose Luis Rodriguez Zapatero, called Lula's imprisonment for corruption “hurried” and said he should be “free to present himself before Brazilian voters.”

  • Thursday, May 17th 2018 - 08:47 UTC

    Brazil leaves basic rate unchanged citing a more volatile world situation

    “The global outlook has become more challenging and showed volatility,” the bank said in the statement announcing its decision.

    Brazil's central bank unexpectedly left its benchmark interest rate unchanged on Wednesday, citing a more challenging and volatile situation in world economies. The bank left its benchmark Selic rate at an all-time low of 6.5%, after signaling at its previous meeting it would cut at least once more.

  • Monday, May 14th 2018 - 08:20 UTC

    The Economist: Will Argentina's woes spread?

    Argentina’s rate of inflation, which exceeds 25%, seems to belong to a lost world. Only in Egypt, Nigeria and Turkey is inflation even in double digits.

    Argentina has much in common with yesterday's emerging markets, but little in common with today's

  • Saturday, May 12th 2018 - 09:18 UTC

    Military option in Brazil: hard-line ex general with presidential aspirations surfaces

    Hamilton-Mourao’s presidential run is being seriously considered by political observers, says the media. His primary campaign emphasis is public security.

    Antonio Hamilton Mourao, a reserve general in Brazil’s military, has joined the Brazilian Labour Party (PRTB) days before the deadline, which would allow him to run for president in the October’s general elections. His registration was made public Wednesday, shortly after presidential hopeful Joaquim Barbosa confirmed that he would not be a candidate in the election.

  • Saturday, May 12th 2018 - 08:45 UTC

    Brazil becomes world's largest producer of soybeans for the first time

    Brazilian farmers have practically finished harvesting their soy for the 2017/18 crop year, which kicked off in September, as US is just beginning to plant its 2018 crop.

    Brazil will surpass the United States as the largest producer of soybeans this year, taking over the top ranking for the first time in history, oilseeds crusher group Abiove said on Friday. The U.S. is expected to harvest 116.48 million tons of soybeans later on in 2018, falling short of Brazil’s estimated collection of 117 million tons for its crop year that is just drawing to a close, Abiove said, citing United States Department of Agriculture figures released on Thursday.