Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, May 19th 2024 - 22:49 UTC

Brazil

  • Tuesday, March 5th 2024 - 10:49 UTC

    Second case of local dengue reported in Uruguay

    It was a different subtype of dengue from the one announced last Friday, Uruguay's Health Ministry explained

    Uruguayan health authorities confirmed Monday the second case of autochthonous dengue in the country, it was reported in Montevideo.

  • Tuesday, March 5th 2024 - 10:41 UTC

    Brazil: Services sector driving prices upward, BCB President warns

    The BCB will pursue the inflation target to the letter but the market still expects it to be higher, Campos Neto pointed out

    Brazil's Central Bank (BCB) President Roberto Campos Neto said on Monday that inflation in South America's largest country was taking a turn in a “benign” direction, Agencia Brasil reported. In his view, the services sector requires the most attention because it has “started to put a bit of pressure” on prices.

  • Tuesday, March 5th 2024 - 10:26 UTC

    Lula and Georgieva hold a “good conversation”

    Lula insisted that the IMF needs to be “more representative of today's world”

    Brazilian President Luiz Inácio Lula da Silva Monday suggested International Monetary Fund (IMF) Managing Director Kristalina Georgieva should move on with the reform of the credit agency, among other issues they discussed during their “good conversation” in Brasilia where they also reviewed “social inclusion” and the “Poverty in the world” project.

  • Monday, March 4th 2024 - 10:58 UTC

    Argentina and Brazil “blocking” Mercosur's progress, Uruguayan President says

    It was Lacalle's last March 2 message to Parliament as head of state

    President Luis Lacalle Pou told his country's Parliament Saturday that Uruguay needed to open up to the world. In his last accountability for the year speech as head of state before Parliament, he also singled out Argentina and Brazil for “blocking” Mercosur agreements and insisted on the importance of achieving fiscal goals, low inflation, employment growth, educational transformation, and making the regional bloc more flexible.

  • Saturday, March 2nd 2024 - 10:50 UTC

    Brazil: IBGE announces economy grows 2.9% in 2023

    “Agriculture grew by 15.1% last year, pushed by the growth in soybean and corn production,” IBGE's Rebeca Palis said

    According to a report released Friday by Brazil’s Institute of Geography and Statistics (IBGE), the gross domestic product (GDP) in South America's largest country grew by 2.9% in 2023 driven by a record 15.1% expansion in the agricultural sector. It was the most significant leap since the beginning of the series in 1995. Industry (1.6%) and services (2.4%) also saw an improvement.

  • Saturday, March 2nd 2024 - 10:44 UTC

    Lula brings spotlight onto Gaza crisis during Celac speech

    Lula spoke of a “carnage” in the Middle East

    Brazilian President Luiz Inácio Lula da Silva Friday brought before the United Nations a proposal from the Community of Latin American and Caribbean States (Celac) to end “the genocide” in the Gaza Strip. During his speech at the 8th Celac Summit in Kingstown (St Vincent and the Grenadines), the South American leader also referred to the situation in the Middle East as a “carnage.”

  • Saturday, March 2nd 2024 - 10:32 UTC

    Lula and Maduro review Venezuelan elections; Essequibo not discussed

    Maduro told Lula that international observers would monitor the elections in Venezuela

    Presidents Luiz Inácio Lula da Silva of Brazil and Nicolás Maduro of Venezuela met Friday in Kingstown, (Saint Vincent and the Grenadines) to discuss issues concerning both countries, Agencia Brasil reported citing a statement from the Planalto Palace. The meeting took place on the sidelines of the 8th Summit of the Community of Latin American and Caribbean States (Celac).

  • Friday, March 1st 2024 - 10:49 UTC

    G-20 economy ministers fail to reach consensus due to ongoing wars

    “As far as the financial track is concerned, there was consensus on everything we discussed. We didn't discuss geopolitical conflicts in our meetings,” Haddad explained

    The summit of Economy Ministers of the G-20 in São Paulo failed Thursday to reach a unanimous declaration due to discrepancies over the ongoing armed conflicts in Ukraine and Gaza, it was reported. ”We came very close (...) it was almost by a word,“ Brazil's Fernando Haddad said during a press conference. Brazil, which this year holds the rotating presidency of G-20 wanted to ”leave aside” all geopolitical tensions but to no avail.

  • Friday, March 1st 2024 - 10:06 UTC

    Interannual figures highlight contrasting realities in Brazil and Argentina

    In Argentina, mass consumption contracted 3.8% year-on-year while in Brazil it grew 1.2%

    Reports released Thursday showed contrasting realities between South America's two largest countries. While consumption grew 1.2% interannually in January, according to the Brazilian Association of Supermarkets (Abras), the situation was quite the opposite in Argentina due to rampant inflation outpacing wage updates.

  • Friday, March 1st 2024 - 09:49 UTC

    Brazil surpasses 1 million probable cases of dengue this year

    Brazil could have twice as many dengue cases this year as in 2023, Trinidade said

    Brazil has recorded 1,017,278 probable cases of dengue and 214 confirmed deaths from the disease so far this year, Agencia Brasil reported Thursday. Another 687 fatalities are under investigation.