The chancellor of Brazil, Mauro Vieira, defended this Wednesday before the partners of the Mercosur that the trade agreement with the European Union (EU) is “strategic“and, therefore, hopes that it will be signed”very soon” after the latest setback in the negotiations. “Our expectation is to be able to sign the association agreement (with the EU) […]
Tag: Brazil
El Niño will halt dry Brazilian agricultural growth in 2024
The Brazilian countryside expects agricultural GDP to grow by 1.5% in 2024, compared to the 14.5% expected for this year, due to the consequences of the climate phenomenon The boy, The main association of the sector reported this Wednesday. The Confederation of Agriculture and Livestock (CNA) also foresees that the gross value of production will […]
Shell is betting that Brazil will allow exploration in the area off the mouth of the Amazon
Shell, the second largest producer of Petroleum of Brazil, expects the Government to authorize oil exploration in the Equatorial Margin, an oceanic region that includes the controversial part located in front of the mouth of the Amazon River, to define their investments in the country. “If the Government decides to open the Equatorial Margin and […]
Germany and Brazil expect EU-Mercosur free trade agreement soon
The chancellor of Germany and the president of Brazil expressed hopes on Monday that there will finally be a FTA between European Union and the Mercosurafter decades of negotiations. German Chancellor Olaf Scholz and Brazilian President Luiz Inácio Lula da Silva said they support the treaty between the 27 countries that make up the EU […]
Mercosur-EU agreement collapses: Argentina does not sign and Paraguay asks to look at other blocks
Argentine Foreign Minister Santiago Cafiero reported on Monday that Argentina It will not accompany the signing of the agreement between Mercosur and the European Union at the summit of the South American bloc this week in Rio de Janeiro, because it will have a negative impact on the country’s industry and agricultural exports. Argentina’s position […]
Argentina considers that the conditions are not yet met to sign the Mercosur-EU agreement
He argentine government considered this Sunday that the conditions are not yet in place to sign the delayed free trade agreement between the Mercosur and the European Union, that Brazil and the European presidency they hoped to finalize before the end of the year. Both the outgoing president of Argentina, Alberto Fernández, and his chancellor, […]
Lula says that Mercosur and the European Union can end without an agreement
The president of Brazil, Luiz Inácio Lula da Silva, admitted this Sunday that the current negotiations for the trade agreement between the Mercosur and the European Union (EU) They may fail and that if this happens it will not be due to a lack of will on the part of the South American countries. “If […]
OPEC+ opts for “voluntary cuts” in crude oil supply in 2024
The OPEC+ alliance decided this Thursday that oil supply levels will be adjusted next year with “voluntary” cuts by most of its partners, such as those extended by Riyadh and Moscow until March 31, 2024. Brazil also announced its annexation from 2024. That is the result of the teleconference held today by the Ministers of […]
Brazil: McLaren buys reforestation project credits to offset emissions
McLaren Racing signed an agreement with the startup Brazilian company Mombak to buy carbon removal credits from reforestation projects in the Amazon jungleas part of its bid to achieve net-zero emissions by 2040, the companies said Thursday. McLaren competes in Formula One and the IndyCar Series, and generates emissions from – in addition to motorsport […]
Banco do Brasil’s slavery past fuels debate on reparations
Viscount José Bernardino de Sá, a Brazilian nobleman who made his fortune by sending kidnapped Africans to America as slavesbecame in 1853 the largest investor in the Bank of Braziltoday the oldest in the country. 170 years later, the institution faces legal action over its historical ties to the slave market, part of growing pressure […]