Brazil

Carbon Brief releases sixth version of extreme weather event interactive map

bne IntelliNews November 19, 2024

As the planet warms and the Climate Crisis accelerates faster than scientists predicted, extreme weather events from floods to fires have turned into an annual disaster season that is only going to get worse.

French President Macron leads opposition to EU-Mercosur deal as hopes for G20 breakthrough fade

Mathew Cohen November 19, 2024

French President Emmanuel Macron has reaffirmed France's opposition to the European Union-Mercosur Free Trade Agreement (FTA) during his meeting with Argentine President Javier Milei at Casa Rosada on November 17.

G20 summit wraps up with a joint statement strong on sentiment, but short on specifics

bne IntelliNews November 19, 2024

The G20 summit in Rio de Janeiro wrapped up with a joint declaration condemning war and calling for climate change action, but short on specifics.

COMMENT: EU Anti-Deforestation Law challenges Brazilian exports and the future of the Mercosur-EU trade deal

Ricardo Martins in Utrechtd November 10, 2024

The EU Anti-Deforestation Law significantly affects the Global South, particularly Brazilian exports to the European Union, and jeopardises the implementation of the Mercosur-EU Free Trade Agreement.

What would a Trump win mean for Latin America?

Marco Cacciati November 4, 2024

As the US braces for a closely fought presidential election on November 5, Latin America has particular cause for concern over a potential return of Donald Trump to the White House. We rounded up how the region could fare under a second Trump term.

Maduro’s BRICS ambitions hit Brazilian roadblock as Kremlin denies expansion talks

bne IntelliNews October 23, 2024

In a blow to President Nicolas Maduro, Brazil's chief presidential adviser Celso Amorim has expressed opposition to Venezuela's bid to join the BRICS economic bloc, while the Kremlin stated that expansion is not on the agenda at the Kazan summit.

LatAm faces two-speed recovery as Brazil outpaces Mexico in IMF outlook

bne intellinews October 23, 2024

Latin America and Caribbean economies are poised to grow 2.1% in 2024, exceeding July forecasts by 0.3 percentage points, the IMF's latest World Economic Outlook revealed. The revision showcases stark contrasts between the region's largest economies.

Malaysia seeks BRICS membership

bno - Surabaya Office October 22, 2024

Malaysia is aiming to become the latest member of the BRICS bloc, which was originally formed by Brazil, Russia, India, China, and South Africa

Can the BRICS beat the G7?

Ben Aris in Berlin October 19, 2024

Leaders of the Global South will flock to Kazan, the capital of Tatarstan, on October 22 for this year’s BRICS summit hosted by Russia, where they hope to thrash out some more details of the new non-aligned global order.

Half the world’s food production at risk due to mounting water crisis

bne IntelliNews October 18, 2024

More than half of the world’s food production is at risk of failure within the next 25 years as a rapidly worsening water crisis threatens global agricultural systems, according to a new report.

BRICS members hoping to develop a digital "BRICS Pay" cryptocurrency international trade system

Ben Aris in Berlin October 18, 2024

One of the biggest questions that the BRICS members will discuss at the summit will be setting up an inter=BRICS payment system to by-pass the dollar. The US decision to weaponise the dollar has unsettled Central Bankers around the world.

Brazil cautiously spearheads BRICS push for national currency trade

Marco Cacciati October 17, 2024

Brazil is taking a leading role in efforts to reduce the BRICS economic bloc's dependence on the US dollar, championing the use of national currencies in trade among member states.

Kazakhstan has no plans to join BRICS, says Astana

bne IntelliNews October 17, 2024

Position not likely to change in foreseeable future, president’s spokesman makes clear ahead of 16th summit of Putin-backed group in Russia.

Putin's G20 attendance could test Brazil's commitment to international justice

bne IntelliNews October 15, 2024

Ukraine's top prosecutor has called on Brazilian authorities to arrest Russian President Vladimir Putin should he attend the upcoming G20 summit in Rio de Janeiro, citing an international warrant for his arrest.

US, Brazil lead the charge in global carbon capture, but current capacity is a fraction of what’s needed

Ben Aris in Berlin October 12, 2024

Brazil and the US have the biggest carbon capture and storage capacity and China is adding at the fastest rate, but the total global CCS capacity is a tiny fraction of what is needed to get to carbon-zero.

Brazil's growth surge clouded by high rates and inequality

bne IntelliNews October 2, 2024

Brazil's economy is experiencing a period of robust growth, but this success is accompanied by a series of challenges, mostly high borrowing costs which continue denting consumption among many Brazilians.

Brazil may derail Venezuela’s BRICS dream as bloc gears up for expansion

bne IntelliNews September 30, 2024

The BRICS group is moving forward with plans for expansion, with an announcement expected at the bloc's annual summit in Kazan this October. But Venezuela's inclusion in the next wave of expansion appears uncertain due to Brazil's resistance.

Brazil scrambles to curb online gambling surge

bne IntelliNews September 26, 2024

Brazil is grappling with a mounting online betting crisis, as the government rushes to implement stricter regulations amid concerns over spiralling household debt and addiction.

Latin American dignitaries urge UN to suspend Russia over Ukraine war

bne IntelliNews September 24, 2024

A group of prominent Latin American former foreign ministers and human rights advocates has urged António Guterres, the UN Secretary-General, to suspend Russia from the UN General Assembly over its actions in Ukraine.

India highlights legal reforms at BRICS justice ministers meeting

bno - Chennai Office September 20, 2024

India’s Ministry of Law and Justice participated in the BRICS Ministers of Justice meeting on 18 September 2024, with the Indian delegation led by Anju Rathi Rana, Additional Secretary in the Department of Legal Affairs

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