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MercoPress, en Español

Montevideo, November 27th 2024 - 22:48 UTC

Tag: Brazil

  • Thursday, November 10th 2016 - 11:35 UTC

    Brazil lowers fuel prices: diesel down 10.4% and gasoline, 3.1% at the refinery

    The aim is to enable Petrobras to implement a competitive pricing policy that reflects movements in the international oil market in shorter periods.

    In line with the pricing policy announced by Petrobras on October 14, 2016, the company’s markets and pricing executive committee has decided to reduce the prices of diesel and gasoline sold at its refineries by 10.4% and 3.1%, respectively.The combination of a 12.1% fall in the international prices of oil and oil products between October 14 and now, and the reduction in the company’s domestic market share has impacted the usage level of Petrobras’ assets, especially its refineries, its inventory levels and also its flows of imports and exports

  • Thursday, November 10th 2016 - 11:30 UTC

    Temer defends austerity and claims the program is fostering confidence among investors

    “The climate of confidence is growing and it is having a positive impact” on the economy, Temer said at a business seminar

    Brazilian President Michel Temer reiterated the tough-minded adjustment he has proposed to balance the government's accounts and his support for the private sector's role in the economy, adding that the program is already fostering “confidence” among investors.

  • Tuesday, November 8th 2016 - 07:59 UTC

    Latam/BA/Iberia deal questioned by Brazil´s competition regulator

    The companies already have 70 to 80% of the market between Sao Paulo and London, and 50 to 60% between Sao Paulo and Madrid.

    Brazil's competition regulator Cade said on Monday that a deal between LATAM Airlines LAN.SN, British Airways and Iberia could have a negative impact on routes between Brazil and Europe. Chile-headquartered LATAM signed joint business agreements in January to deepen its ties with American Airlines Group and IAG's British Airways and Iberia, all members of the Oneworld Alliance.

  • Tuesday, November 8th 2016 - 07:49 UTC

    A Trump victory could mean a brake for the Argentina/US dynamic relation, says Malcorra

    If on Tuesday people vote for a closed xenophobe model, this could generate a domino effect on other countries, pointed out Malcorra

    Under the administration of president Mauricio Macri, the relation between Argentina and the US has “entered a new dynamic phase” and somehow those close links could be affected if the Republican candidate wins on Tuesday, said foreign minister Susana Malcorra.

  • Tuesday, November 8th 2016 - 07:28 UTC

    South American presidents and who they would like to see at the White House

    Temer admitted concern but “no US president can do whatever he pleases, since in the United States institutions work with an effective system of checks and balances”

    A majority of South American presidents would prefer to see former Secretary of State Hillary Clinton at the White House, while a few believe whoever wins will make not much of a difference for the continent. Nevertheless be it Hillary or Trump there is mostly respect for US institutions.

  • Friday, November 4th 2016 - 19:44 UTC

    Brazilian soy and corn yields on the rise, according to Conab data

    The country's national average corn yield from 53 bushels per acre in 2003-04 to 81 bushels per acre last year, despite the dry weather.

    Brazilian farmers’ soy and corn yields have been on the rise, according to data from Conab, an agency from the Ministry of Agriculture. Conab just issued a report putting numbers to the yield growth numbers, and it’s clear that not only are acres on the rise for both soybeans and corn, but productivity is up, too.

  • Friday, November 4th 2016 - 09:42 UTC

    Rousseff in Uruguay declared “Illustrious visitor” of Montevideo and will speak at a political rally

    Dilma arrived from neighboring Rio Grande do Sul where the president is living since having been replaced by her ex vice-president, president Michel Temer.

    Brazilian ex president Dilma Rousseff is in Uruguay, her first overseas visit since Congress voted her impeachment and removal from office. The leader is scheduled to participate on Friday in a march in downtown Montevideo with Uruguayan unions protesting salary conditions and will also be received at a special ceremony in the town hall where she will be given the keys of the city by mayor Daniel Martinez.

  • Thursday, November 3rd 2016 - 09:53 UTC

    Temer austerity program inspired in Thatcher´s program to contain expenditure

    Temer watched a Thatcher video where she defended cutting public expenditure, opening the financial sector, privatizations and making labor rules more flexible

    Brazilian president Michel Temer said that the economic adjustment implemented by Brazil is inspired in the program of former prime minister Margaret Thatcher, who led the UK from 1979 to 1990. “As Thatcher use to say and we are following in Brazil, containing government expenditure is necessary because we are only going to spend collected revenue”.

  • Thursday, November 3rd 2016 - 09:35 UTC

    Brazilian police killed an average of nine people per day during 2015

    In 2015, 3,345 people were allegedly killed during “police interventions” across Brazil, up 6.3% from the previous year's count of 3,146

    An average of nine people were killed per day at the hands of Brazil's notoriously violent police force in 2015, an increase from last year despite a nationwide drop in murder rates. In 2015, 3,345 people were allegedly killed during “police interventions” across Brazil, up 6.3% from the previous year's count of 3,146. The statistics come from the 10th Public Security Yearbook published by the Brazilian Forum on Public Security.

  • Wednesday, November 2nd 2016 - 11:05 UTC

    Portugal pledges in Brazil to promote Mercosur/EU trade agreement

    “Portugal can become another strong voice in the EU to help make possible this trade agreement the soonest possible”, said Temer

    Brazilian president Michel Temer said that Portugal and Spain are determined to help speed trade negotiations between Mercosur and the European Union. Temer made the announcement on hosting Portuguese Prime Minister Antonio Costa who was on a brief visit to Brazil for the Community of Portuguese Language Countries summit in Brasilia.