Brazil

Brazil's Lula backs Ukraine peace mission but rules out sending troops

bne IntelliNews February 21, 2025

Brazil will not send troops to Ukraine but would support a peacekeeping mission, President Lula da Silva said in a joint statement with Portuguese Prime Minister Luís Montenegro.

Latin America faces growth hit as trade tensions escalate, warns Moody's

bne intellinews February 20, 2025

Trade conflicts and new tariffs could reduce Latin American economic growth by 0.3 percentage points in 2025 and 0.4 percentage points in 2026, with recovery delayed until 2028, Moody's Analytics warned in a recent report.

Brazil's Bolsonaro charged with alleged coup conspiracy

bne intellinews February 19, 2025

Brazilian prosecutors have charged former president Jair Bolsonaro with allegedly orchestrating a far-right conspiracy to retain power through a military coup, which could lead to decades of imprisonment if he is convicted.

EU eyes “strategic autonomy” partnership with Latin America amid deepening rift with US

bne IntelliNews February 19, 2025

The European Union is seeking to deepen its relationship with Latin America and the Caribbean, framing the partnership as one built on "strategic autonomy" rather than as a counterbalance to China's growing influence in the region.

Brazil set to join OPEC+ but will opt out from output cuts commitments, says minister

bne intellinews February 18, 2025

Brazil has approved joining OPEC+, marking the country's emergence as a major oil producer just months before it hosts the UN climate conference.

Brazil to host expanded BRICS summit in July amid US dollar tensions

bne IntelliNews February 17, 2025

Brazil will host leaders from the BRICS nations and their new members in Rio de Janeiro on July 6-7, as the burgeoning bloc faces growing pressure from the US over plans to reduce dollar dependence in trade.

Telefónica seeks buyers across Latin America eyeing near-complete market exit

Alek Buttermann February 17, 2025

Telefónica is pulling out of most of Latin America in a move that marks the end of an era for the Spanish telecommunications giant.

Brazil drops BRICS currency plan in favour of local payment push

bne intellinews February 14, 2025

Brazil will not pursue a common BRICS currency during its presidency of the bloc this year, focusing instead on facilitating trade in local currencies despite warnings from US President Donald Trump about challenging dollar dominance.

Brazil seeks dialogue with US as steel tariffs threaten $4bn exports

bne intellinews February 13, 2025

Brazil will pursue negotiations rather than confrontation with the US over President Donald Trump's decision to impose 25% tariffs on steel and aluminium imports, as officials and industry leaders coordinate their response before the entry into force

Uruguay leads Americas in anti-corruption rankings as regional standards slip

bne IntelliNews February 12, 2025

Uruguay has emerged as a beacon of transparency in the Americas, securing the top position in Transparency International's latest Corruption Perceptions Index (CPI) with a score of 76 points – its highest since 2012.

Trump’s USAID retreat from Latin America opens door to Chinese influence

bne IntelliNews February 11, 2025

The Trump administration's sweeping plans to axe USAID are poised to deliver a significant blow to humanitarian and development programmes across Latin America, paving the way for Beijing's increased activity.

COMMENT: Trump's Latin America gambit pays off, but at what cost?

Ricardo Martins in Da Nang February 7, 2025

Donald Trump’s return to the presidency has reignited tensions between the United States and Latin America. However, recent events have allowed Trump to secure his first wins through an aggressive, transactional foreign policy.

BREAKING: Two dead as plane crashes into rush hour traffic on São Paulo avenue

bne IntelliNews February 7, 2025

A small aircraft crashed in Brazil's western São Paulo on February 7 morning, killing at least two people and injuring six others when it struck multiple vehicles near the Palmeiras and São Paulo Training Centres, authorities said.

“Latin American Davos” kicks off in Panama as region battles growth slump

bne IntelliNews January 30, 2025

Panama is hosting what organisers touted as the region's answer to Davos, as political and business leaders gather to tackle Latin America's persistent economic challenges amid growing concerns over rising poverty and middle-class stagnation.

Climate crisis threatens Latin America's fight against hunger, UN report says

bne IntelliNews January 29, 2025

Latin America and the Caribbean face mounting risks to food security as climate change intensifies, with the region now second only to Asia in its exposure to extreme weather events, according to a joint report by UN agencies.

Brazil's President Lula and Putin hold talks on Ukraine war and BRICS

bne IntelliNews January 28, 2025

Brazilian President Luiz Inácio Lula da Silva and Russian President Vladimir Putin discussed the Ukraine conflict, trade and bilateral relations in a telephone conversation on January 27.

Mexico and Central America face pressure over US deportation push

bne IntelliNews January 28, 2025

Donald Trump's administration has launched what it calls "the largest massive deportation operation in history", dismantling key migration programmes and triggering diplomatic tensions across Latin America.

COMMENT: Is Latin America prepared for Trump 2.0?

Ricardo Martins in Da Nang January 27, 2025

Donald Trump’s return to the White House, heralded by his inaugural address and subsequent executive orders, has sent shockwaves across the world and Latin America, particularly in Mexico and Panama.

Where are the world’s rare earth metals?

Anna Fleck for Statista January 26, 2025

US President Donald Trump has said once again he wants to buy Greenland for its strategic location, but Greenland is known to have an abundance of important rare earth elements that the US is missing.

Trump's return to White House draws polarised Latin American response

Marco Cacciati January 22, 2025

Latin America has split over Donald Trump's White House return, with a handful of leaders rushing to embrace the new president while others eye his protectionist agenda with alarm.

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