Brazil

• Wednesday, January 29th 2025 - 11:47 UTC

  Lula da Silva returns to full daily activity…and problems

  

  Brazilian president Lula da Silva received medical discharge and can return to normal every day routine, including travelling and physical activities, as informed by a release from the Syrian-Lebanese Hospital in Brasilia.

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• Wednesday, January 29th 2025 - 09:17 UTC

  Taxing the “super rich” pays off for Brazil's gov't

  

  Brazilian Finance Minister Fernando Haddad's policy of taxing the “super rich” yielded unprecedented returns of R$ 20.6 billion (US$ 3.32 billion) to the South American country's coffers in 2024, Federal Revenue Secretary Robinson Barreirinhas confirmed Tuesday. The strategy focuses on exclusive investment funds and offshore assets, it was explained.

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• Tuesday, January 28th 2025 - 09:39 UTC

  Brazil launches Sustainability Pact for ports and airports

  

  Brazil's Federal Ministry of Ports and Airports launched an unprecedented sustainability policy for these facilities as well as for waterways in a move to encourage sustainable practices, promote transparency, and strengthen social inclusion.

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• Tuesday, January 28th 2025 - 08:19 UTC

  Lula and Putin discuss ongoing world affairs

  

  Presidents Luiz Inácio Lula da Silva of Brazil and Vladimir Putin of Russia held a telephone conversation Monday during which they discussed ongoing global affairs and reviewed the bilateral agenda. In addition, the South American leader accepted the invitation to attend the Victory Day celebrations in Moscow in May, marking the 80th anniversary of the end of World War II. Both leaders also welcomed Indonesia's joining the BRICS group as a full member.

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• Monday, January 27th 2025 - 08:39 UTC

  Itamaraty outraged by US' handcuffing of Brazilian deportees

  

  Brazil's Foreign Ministry expressed its outrage after the US Government placed handcuffs on every member of a batch of 88 irregular migrants who were to be flown back to their country last Friday. Given this “degrading treatment,” it was announced at the Itammaraty Palace, the headquarters of South America's largest country's diplomacy, that the Government of President Luiz Inácio Lula da Silva was to remain attentive to the issue.

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• Saturday, January 25th 2025 - 10:36 UTC

  Foreign travelers contribute significantly to Brazil's economy in 2024

  

  Foreign travelers brought in US$7.341 billion in revenue to Brazil last year, the South American country's Central Bank (BCB) announced on Friday, citing a report from the Ministry of Tourism. These figures represented the best results in 15 years, and an increase of 6.28% compared to the US$6.907 billion in 2023.

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• Friday, January 24th 2025 - 10:42 UTC

  Lula and Scheinbaum discuss regional matters over the phone

  

  Progressive Presidents Luiz Inácio Lula da Silva of Brazil and Claudia Sheinbaum of Mexico discussed Thursday during a telephone conversation the relevance of cultivating “productive relations” with the United States, now once again under the Republican Donald Trump.

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• Thursday, January 23rd 2025 - 08:59 UTC

  Brazil: Dollar plunges to lowest level since November

  

  The US dollar fell Wednesday below R$ 6 following Donald Trump's second inauguration this week in Washington DC, thus reaching its lowest level since November. Meanwhile, the stock market fell for the first time after three straight rises. The commercial dollar closed Wednesday at R$ 5.946 after hitting R$ 5.91 around 2 pm. So far this year, the US dollar went down by 3.79%.

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• Wednesday, January 22nd 2025 - 09:30 UTC

  Brazilian Central Bank report foresees 5.08% inflation for this year

  

  The Focus Bulletin released earlier this week by Brazil's Central Bank (BCB) projected a 5.08% inflation for this year in South America's largest country. The new prediction represented a slight twitch from last week's 5% National Consumer Price Index (IPCA). Meanwhile, Brazil's Gross Domestic Product (GDP) - the sum of goods and services produced in the country - is expected to grow by 2.04% in 2025, a slight improvement from 2.02% the week before.

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• Tuesday, January 21st 2025 - 09:25 UTC

  Brazilian authorities to encourage use of DIY HIV tests

  

  Brazilian agencies encouraged manufacturers to pack their do-it-yourself HIV self-test kits more discreetly to encourage people to use them at home and avoid crowding healthcare facilities, Agencia Brasil reported.

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