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MercoPress, en Español

Montevideo, November 26th 2024 - 19:45 UTC

Tag: Brazil

  • Saturday, May 12th 2018 - 08:40 UTC

    Brazilian military presidents authorized execution of “subversives”, claims CIA declassified documents

    “On 1 April, President Geisel told General Figueiredo that... great care should be taken to make certain that only dangerous subversives were executed”

    The president under Brazil's military dictatorship in the 1970s personally authorized executions of “subversives,” according to a declassified CIA document published on Friday in the Brazilian media. President Ernesto Geisel ruled Brazil from 1974 to 1979, toward the end of the country's two decade long military dictatorship.

  • Friday, May 11th 2018 - 09:05 UTC

    Despite legal setbacks, Lula reiterates his intention to run for a third presidential term

    In a letter addressed to Senator Gleisi Hoffmann, president of the Workers' Party, Lula said that he remains intent on running in the October elections.

    Brazil's former President Luiz Inacio Lula da Silva reiterated on Thursday his intention to run for a third presidential term. Lula was jailed on April 7 and is serving a sentence of 12 years and one month for corruption and money laundering.

  • Friday, May 11th 2018 - 08:50 UTC

    Brazil inflation in April below official target; another interest rate cut expected

    The central bank targets a year-end inflation rate of 4.5%, plus or minus 1.5 percentage point, which it undershot last year for the first time ever.

    Brazil's inflation rate unexpectedly slowed in April and kept far below the official target, suggesting a recent period of currency weakness is unlikely to keep the central bank from cutting interest rates next week.

  • Friday, May 11th 2018 - 08:35 UTC

    Paraguay's president “soul brother” accused by Brazil of money laundering

    A Brazilian financial crimes prosecutor on Wednesday accused the president's friend, Dario Messer, of money laundering and criminal association.

    Paraguayan authorizes have issued an arrest warrant for a man President Horacio Cartes has described as his “soul brother” as part of a sweeping investigation into corruption in Latin America.

  • Thursday, May 10th 2018 - 08:28 UTC

    Swedish PM to testify in corruption case involving sale of 36 fighter jets to Brazil

    Lofven will be asked in a Swedish court about contacts with Brazil’s ex presidents Rousseff and Lula da Silva regarding the purchase of Saab Gripen fighters

    Swedish Prime Minister Stefan Lofven has been summoned to testify next month as a witness in a Brazilian corruption case involving the purchase of fighter jets by Brazil, the Stockholm District Court said on Wednesday. Lofven will be asked in a Swedish court about his contacts with Brazil’s former presidents Dilma Rousseff and Lula da Silva regarding the country’s purchase of Saab Gripen fighters in a deal struck five years ago.

  • Wednesday, May 9th 2018 - 20:19 UTC

    US Dollar rises: Uruguay behind Argentina

    The exchange houses in the center of Montevideo today marked up to 31.70 Uruguayan pesos per dollar, a rise of 2.08% compared to Monday - the highest in five years. Photo: Sebastián Astorga

    After several days up in Argentina, the devaluation of the Argentine peso and the rise of the US dollar have had some impact on the other side of the River Plate, where the exchange houses of downtown Montevideo marked on Wednesday the value of the currency up to 31,70 Uruguayan pesos per dollar, a rise of 2.08% compared to Monday —the highest in five years—. For the Uruguayan government, the country follows the global trend and calls for calm, beyond the noise generated in Argentina, which is beginning a dialogue between the Finance Minister, Nicolás Dujovne, and the International Monetary Fund (IMF) in Washington.

  • Wednesday, May 9th 2018 - 08:44 UTC

    Brazilian ex chief Justice will not run for the presidency in October

    That is an essential selling point in this election, the first since a massive legal probe revealed stunning levels of political graft. Scores of powerful businessmen and politicians have been jailed,

    Joaquim Barbosa, a former chief justice on Brazil's Supreme Court with anti-corruption credentials, said on Tuesday he would not run for the presidency in October, despite a growing clamor for his candidacy. Barbosa, the first and only black member of the high court, had in recent weeks positioned himself as a potential center-left candidate. He was attractive to many because of his clean image and background as a judge who battled corruption.

  • Wednesday, May 9th 2018 - 08:19 UTC

    Brazilian farmers optimism sky high with increasing grain prices and cheap credit

    Brazil’s past two soy crops set all-time records with farmers likely to boost investment and improve efficiency.

    Farm equipment manufacturers in Brazil are expecting g on strong sales this year, boosted by a second straight bumper soy crop and rising grain prices, which will more than offset weakness in the sugar cane sector, they said at a major trade show. Some machinery producers are forecasting sales growth as high as 8% in 2018 as farmers’ confidence rises and record-low interest rates encourage them to borrow and invest.

  • Tuesday, May 8th 2018 - 08:48 UTC

    Brazil's first lady saves her drowning dog jumping into a lake fully clothed

    The tiny pooch Picoly was able to get himself into the lake, but he struggled to get back out

    Brazil's first lady has jumped into a lake fully clothed to save her drowning dog. Marcela Temer was walking around the presidential palace in Brasilia with her son when the family's Jack Russell, Picoly, took an interest in the water.

  • Saturday, May 5th 2018 - 09:05 UTC

    Brazilian recovery stalls as industrial output falls 0.1% in March

    The figures mark the third straight month of weaker-than-expected output from Brazilian industry, which had previously led the economy's rebound.

    Industrial output in Brazil contracted unexpectedly in March, the latest in a string of weak data suggesting a recovery in Latin America's largest economy hit a bump in the first quarter. Production fell 0.1% from February, government statistics agency IBGE announced.