Brazil

Welcome to the new transactional world order

Ben Aris in Berlin March 21, 2025

Welcome to the new world order. Values and liberal democracy is giving way to a world run on the basis of deals.

Venezuelan opposition members endure year-long confinement in Argentina's embassy

bne IntelliNews March 21, 2025

A year has passed since six key members of Venezuelan opposition leader María Corina Machado’s campaign team sought refuge in Argentina’s embassy in Caracas to evade arrest by Nicolás Maduro’s regime.

Global cereal production grows faster than populations, says OWID

bne Gulf bureau March 20, 2025

The world's population has more than doubled over the last 60 years, but global food production has managed to keep up, Our World in Data (OWID) reports.

Brazil's Lula seeks to boost popularity with income tax cuts for middle class

bne intellinews March 20, 2025

Brazilian President Luiz Inacio Lula da Silva has unveiled a plan to exempt workers earning less than BRL5,000 ($880) monthly from income tax, fulfilling a key campaign promise as he struggles with low approval ratings.

Brazil's airline Voepass under scrutiny after fatal crash

Victor Alves March 18, 2025

Brazil’s civil aviation regulator Anac has suspended operations of regional airline Voepass following the August 9 crash of an ATR-72-500 aircraft in São Paulo that killed 62 people.

The inside story of Brazil's democratic near-miss

Ricardo Martins in Utrecht March 10, 2025

Brazil's democracy narrowly escaped Bolsonaro's "Green and Yellow Dagger" coup plot, which included plans to assassinate Lula after the 2022 election. The failed conspiracy exposes enduring rifts in a nation still haunted by its authoritarian past.

Latin American leaders blast Trump-Zelensky diplomatic fallout

bne IntelliNews March 3, 2025

The diplomatic rift between the United States and Ukraine has drawn sharp criticism from Latin American leaders, with Brazilian President Luiz Inácio Lula da Silva and his Colombian counterpart Gustavo Petro lambasting the Trump-Zelensky meeting.

Brazil hosts first BRICS Sherpas meeting with expanded membership

bnl Sao Paulo bureau February 27, 2025

Brasilia hosted the first BRICS Sherpas meeting under the Brazilian Presidency on February 24-25, bringing together representatives from all 11 member countries at the Itamaraty Palace.

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.

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