The Federal Police of Brazil opened an investigation to clarify “irregular entry” to the country of a set of jewels that the Government of Saudi Arabia gave in 2021 to the then president, Jair Bolsonaro and his wife, Michelle Bolsonaro, reported official sources. The investigation will be processed “under judicial secrecy” and “It has an […]
Tag: Brazil
Lula discusses peace efforts with Zelenski in a video call
The Brazilian President, Luiz Inacio Lula da Silvahe told his Ukrainian counterpart on Thursday, Volodymyr Zelenski, which will encourage countries to join peace talks to end the conflict between Ukraine and Russia. “I reaffirmed Brazil’s desire to talk with other countries and participate in any initiative related to the construction of peace and dialogue. The […]
Mexico promotes plan against inflation with its Latin American allies
Mexico promotes a plan to face inflation in Latin Americarevealed this Thursday the president Andres Manuel Lopez Obradorwho plans to meet with several of his colleagues to define strategies. López Obrador said that on Wednesday he held telephone talks with his Brazilian counterparts, Luiz Inácio Lula da Silva; Colombia, Gustavo Petro; Cuba, Miguel Díaz-Canel, and […]
MercadoLibre net profit rises in the fourth quarter
The South American e-commerce giant Free marketbased in Argentina, reported Thursday that its net profit recovered in the fourth quarter from the loss recorded in the same period a year earlier, to $164.7 million. Total revenues for MercadoLibre, with a presence in 18 countries, including Brazil, Colombia and Mexico, increased 40.9% to about $3 billion […]
Trip to Itaituba, the main illegal gold market in the Amazon
It all revolves around trading gold. The bulldozer sale is a success and the miners are revered. Welcome to Itaituba, better known as “nugget city”, the main market of illegal gold of the brazilian amazon. Mining is the engine of this apparently calm municipality bathed by the waters of the Tapajós River, in the state […]
Brazil, Argentina and 23 countries ask the US to restore tariff exemptions
Twenty-five countries, including Argentina, bolivian, Brazil, Ecuador and Paraguayanasked this Thursday the Congress of USA to restore a system that allows them to export certain goods without paying dutyreported the Argentine embassy in Washington. The Generalized System of Preferences (GSP), started in 1974, eliminates tariffs on certain products from developing and low-income countries, but expired […]
“Operation Exodus”: Illegal miners flee the Brazilian Amazon
Thousands of miners began to flee the Yanomami reservation after President Luiz Inacio Lula da Silva last week ordered an airspace exclusion zone, preventing the circulation of the planes they use to transport food and supplies. Some are undertaking the strenuous journey on foot. Others, down the Uraricoera River, crammed into long, narrow boats, sometimes […]
Economists in Brazil advise against changing central bank targets
The leading economists of Brazil They told the central bank that raising inflation targets now would only raise doubts about the government’s commitment to sound fiscal and monetary policies, according to seven participants in a meeting with the monetary authority on Monday. Economists expressed the unanimous opinion that such a move, at a time when […]
Fitch says risk aversion in Brazil’s debt market may be temporary
The risk rating agency Fitch Ratings said on Monday that risk aversion in the debt market of Brazil after the bankruptcy of the American chain should be temporary. For Fitch, Brazilian companies face “manageable” refinancing risks, with debt maturing at US$65 billion over the next two years, according to a report. Fitch mentioned that several […]
Brazil defeats Uruguay and wins the U-20 South American title
This Sunday, Brazil played its last game for the hexagonal final of the South American under-20 against Uruguay and won 2-0, with goals from Andrey and Pedrinho. With the triumph over the only opponent with title chances in the final round, the Selection won the continental title of the category for the first time in […]