
World food commodity prices rose in March for the second month in a row, due largely to higher energy prices linked to the conflict escalation in the Near East, according to the latest benchmark measure released by the Food and Agriculture Organization of the United Nations (FAO).
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A federal judge in Rio de Janeiro issued a preliminary injunction suspending the 12% crude oil export tax for five international companies operating in Brazil: Shell, TotalEnergies, Equinor, Repsol Sinopec and Petrogal. The ruling represents an initial court victory for the oil companies in their dispute with President Luiz Inácio Lula da Silva's government over a levy they consider unconstitutional.
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The São Paulo stock exchange reversed its losses in the final minutes of trading and closed Tuesday with a slight gain of 0.05%, lifted by President Donald Trump's statement that he is in heated negotiations with Iran just hours before his ultimatum for the reopening of the Strait of Hormuz expired.
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Mariano Páez, father of lawyer and influencer Agostina Páez, was filmed imitating monkey gestures at a bar in Santiago del Estero — the same racist gesticulations that led to his daughter's indictment for racial slur in Brazil, where she spent over two months detained in Rio de Janeiro. The incident took place just hours after the young woman's return to her home province.
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One year after the Trump administration launched its tariff offensive against more than 180 countries, Latin America presents a mixed picture: some economies lost competitiveness in the U.S. market, while others redirected exports or negotiated agreements to cushion the blow.

Agostina Páez, a 29-year-old Argentine lawyer and influencer from the province of Santiago del Estero, has been held in Rio de Janeiro since January 14, when she was filmed making racist gestures toward employees of a bar in the Ipanema neighborhood. The video quickly went viral and led to three criminal complaints for racial slur, a crime that carries a penalty of two to five years in prison per offense under Brazilian law.

UK Foreign Secretary Yvette Cooper and Brazil Minister of Foreign Affairs Mauro Vieira signed the UK–Brazil Strategic Partnership 2026 to 2030 on 26 March 2026, at Cernay-la-Ville.

Brazilian aircraft manufacturer Embraer unveiled on Wednesday the first F-39E Gripen fighter jet manufactured in Brazil, a milestone the country's presidency called unprecedented in Latin America. It is the first of 15 supersonic combat aircraft Embraer will produce at its facility in Gavião Peixoto, São Paulo state, under a total contract for 36 jets ordered from Swedish firm Saab.

Former Brazilian President Jair Bolsonaro returned to his home in Brasilia on Friday after being discharged from hospital following a two-week stay for acute bilateral pneumonia. Bolsonaro, 71, will serve at least 90 days of his 27-year prison sentence under house arrest, following a decision by Supreme Court Justice Alexandre de Moraes.

Brazilian President Luiz Inácio Lula da Silva said on Tuesday he will not allow other countries to take the nation's rare earths and critical minerals, in remarks widely interpreted as a direct warning to the United States amid a growing dispute over control of these strategic resources.