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  • βœ‡MercoPress
  • Lula seeks his own security recipe to counter Brazilian right wing's tough-on-crime narrative
    Brazilian President Luiz InΓ‘cio Lula da Silva on Tuesday unveiled in BrasΓ­lia a public security plan worth around USD 2.25 billion aimed at weakening the finances of organized crime, regaining control of prisons, curbing arms trafficking, and improving homicide investigations, five months ahead of October's presidential election. The package is designed to give the government a distinct identity on one of the issues where public opinion sees the ruling party at its weake
     

Lula seeks his own security recipe to counter Brazilian right wing's tough-on-crime narrative

12 May 2026 at 23:32

The plan also includes investments to regain control of 138 penitentiary facilities through drones, scanners, and metal detectors Brazilian President Luiz InΓ‘cio Lula da Silva on Tuesday unveiled in BrasΓ­lia a public security plan worth around USD 2.25 billion aimed at weakening the finances of organized crime, regaining control of prisons, curbing arms trafficking, and improving homicide investigations, five months ahead of October's presidential election. The package is designed to give the government a distinct identity on one of the issues where public opinion sees the ruling party at its weakest against the right wing's punitive narrative.

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  • Brazil's fiscal deficit climbs to 9.41% of GDP amid economic slowdown and election year
    Brazil's nominal public sector deficit reached 9.41% of gross domestic product in the twelve months to March 2026, nearly one percentage point higher than the previous period, according to data published on Thursday by the Central Bank. The combined shortfall of all public administrations β€” central government, states, and municipalities β€” stood at 1.21 trillion reais, equivalent to around $244 billion, in one of the highest readings in recent years for Latin America's la
     

Brazil's fiscal deficit climbs to 9.41% of GDP amid economic slowdown and election year

30 April 2026 at 13:25

The Brazilian economy grew 2.3% in 2025, below the 3.4% recorded in 2024, and the Central Bank itself projects a further slowdown to 1.6% for the current year Brazil's nominal public sector deficit reached 9.41% of gross domestic product in the twelve months to March 2026, nearly one percentage point higher than the previous period, according to data published on Thursday by the Central Bank. The combined shortfall of all public administrations β€” central government, states, and municipalities β€” stood at 1.21 trillion reais, equivalent to around $244 billion, in one of the highest readings in recent years for Latin America's largest economy.

Paraguay attracts record foreigners with low taxes and new investor residency program

21 April 2026 at 18:17

Paraguay consolidated over recent decades a simplified tax structure known as Β“10-10-10Β”: 10% VAT, 10% personal income tax and 10% corporate income tax. Foreign residency applications in Paraguay surged 85% in the first quarter of 2026, reaching 18,071 compared to 9,760 in the same period of 2025, the National Migration Directorate reported. Temporary residency requests jumped 105% to 14,995, while permanent residency applications rose 25% to 3,076.

SΓ£o Paulo stock exchange reverses losses and closes higher on US-Iran negotiation signals

7 April 2026 at 20:59

The Ibovespa, the Brazilian market's benchmark index, finished at 188,258 points, stringing together a sixth consecutive session of gains, though the last three with near-zero variations The SΓ£o 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.

Brazil leads South America's military spending and Uruguay posts one of the largest relative rises, SIPRI says

17 May 2026 at 13:48

The most striking data point in the region corresponds to Uruguay, which moved to a military budget of USD 577.2 million in 2025, an increase of nearly 80% in five years. Brazil consolidated its position as South America's leading defense spender during 2025, with a military budget of approximately USD 23.9 billion and a 13% year-on-year increase, while Uruguay recorded one of the steepest relative rises in the region, according to the annual report of the Stockholm International Peace Research Institute (SIPRI) released on Saturday. The region as a whole increased its military spending by 3.4% compared with 2024, in line with a global trend of armed forces modernization, open conflicts, and growing geopolitical tensions.

  • βœ‡MercoPress
  • β€œI can take him as a slave”: Argentine tourist arrested in Brazil over messages about 7-year-old
    A 63-year-old Argentine tourist, identified as Eduardo Ignacio, was arrested on Sunday in the Brazilian state of Minas Gerais on racial discrimination charges after photographing and filming a 7-year-old Black boy aboard a tourist train, and sharing the images in a messaging group with racist comments that included the phrase: β€œI can take him as a slave.” The case, recorded on the steam train that connects the municipality of SΓ£o JoΓ£o del-Rei with the historic city of th
     

β€œI can take him as a slave”: Argentine tourist arrested in Brazil over messages about 7-year-old

26 May 2026 at 08:29

Passengers and train security personnel held the suspect in a compartment until the arrival of the Minas Gerais Military Police A 63-year-old Argentine tourist, identified as Eduardo Ignacio, was arrested on Sunday in the Brazilian state of Minas Gerais on racial discrimination charges after photographing and filming a 7-year-old Black boy aboard a tourist train, and sharing the images in a messaging group with racist comments that included the phrase: β€œI can take him as a slave.” The case, recorded on the steam train that connects the municipality of SΓ£o JoΓ£o del-Rei with the historic city of the same name, raises to three the racism episodes involving South American tourists in Brazil over the past five months.

  • βœ‡MercoPress
  • β€œWe are oppressed in Brazil”: thousands of conservative Brazilians seek new life in Paraguay
    Hundreds of Brazilians camped overnight on beach chairs, plastic benches and tarps outside an immigration center in Ciudad del Este, on the border with Brazil, to secure a spot in a Paraguayan government drive to fast-track residency applications. Some organized an improvised barbecue on a barrel while they waited. Others had traveled more than 1,500 kilometers by bus. All shared a common thread: the desire to leave Brazil for reasons they describe as political, economic
     

β€œWe are oppressed in Brazil”: thousands of conservative Brazilians seek new life in Paraguay

16 April 2026 at 23:08

Paraguay broke a record in 2025 by granting 40,600 residency permits to foreigners. More than half β€” 23,500 β€” went to Brazilians, far outpacing the 4,300 Argentines in second place Hundreds of Brazilians camped overnight on beach chairs, plastic benches and tarps outside an immigration center in Ciudad del Este, on the border with Brazil, to secure a spot in a Paraguayan government drive to fast-track residency applications. Some organized an improvised barbecue on a barrel while they waited. Others had traveled more than 1,500 kilometers by bus. All shared a common thread: the desire to leave Brazil for reasons they describe as political, economic and ideological, according to a report by BBC News Brasil.

  • βœ‡MercoPress
  • Experts say BR privatization weakened Brazil’s ability to contain fuel prices
    According to a report by AgΓͺncia Brasil, industry specialists and oil-sector groups say what they describe as abusive fuel price increases in Brazil are not explained by international volatility alone. The report cites cases of gasoline being sold for R$9 a liter at some stations in SΓ£o Paulo and links part of the distortion to the loss of state control over the distribution chain after the privatization of BR Distribuidora.
     

Experts say BR privatization weakened Brazil’s ability to contain fuel prices

14 March 2026 at 16:07

Petrobras lost control of BR Distribuidora in July 2019, and the full privatization was completed two years later under then president Jair Bolsonaro According to a report by AgΓͺncia Brasil, industry specialists and oil-sector groups say what they describe as abusive fuel price increases in Brazil are not explained by international volatility alone. The report cites cases of gasoline being sold for R$9 a liter at some stations in SΓ£o Paulo and links part of the distortion to the loss of state control over the distribution chain after the privatization of BR Distribuidora.

  • βœ‡MercoPress
  • Lula's Supreme Court nominee defends limits on judicial power in Brazilian Senate hearing
    Jorge Messias, Brazilian President Luiz InΓ‘cio Lula da Silva's nominee to fill the open seat at the Federal Supreme Court (STF), defended on Wednesday before the Senate the need to limit the power of judges, in a bid to expand support for his candidacy in what is shaping up to be a closely contested vote. The Solicitor General of the Union appeared before the Constitution and Justice Committee, where he made explicit overtures toward the Bolsonarist right-wing opposition
     

Lula's Supreme Court nominee defends limits on judicial power in Brazilian Senate hearing

29 April 2026 at 15:08

The vote takes on political significance five months before the October general elections, in which Lula will seek re-election Jorge Messias, Brazilian President Luiz InΓ‘cio Lula da Silva's nominee to fill the open seat at the Federal Supreme Court (STF), defended on Wednesday before the Senate the need to limit the power of judges, in a bid to expand support for his candidacy in what is shaping up to be a closely contested vote. The Solicitor General of the Union appeared before the Constitution and Justice Committee, where he made explicit overtures toward the Bolsonarist right-wing opposition, particularly critical of the country's top court's recent rulings.

  • βœ‡MercoPress
  • Trump labels PCC and Comando Vermelho as terrorist organizations and Brazil fears intervention
    Brazil's government on Friday issued an official note rejecting the decision adopted by the administration of US President Donald Trump to designate Brazil's two main organized crime groups, the Primeiro Comando da Capital (PCC) and the Comando Vermelho, as terrorist organizations. "We will not accept the use of arbitrary measures from abroad as a pretext to attack our sovereignty and our economy," the statement warned, while avoiding explicit reference to the US adminis
     

Trump labels PCC and Comando Vermelho as terrorist organizations and Brazil fears intervention

29 May 2026 at 23:32

Lula da Silva accused FlΓ‘vio Bolsonaro, his most likely rival in October's presidential elections, of having Β“betrayed the homeland by going to the United States to ask for an intervention in BrazilΒ” Brazil's government on Friday issued an official note rejecting the decision adopted by the administration of US President Donald Trump to designate Brazil's two main organized crime groups, the Primeiro Comando da Capital (PCC) and the Comando Vermelho, as terrorist organizations. "We will not accept the use of arbitrary measures from abroad as a pretext to attack our sovereignty and our economy," the statement warned, while avoiding explicit reference to the US administration. The measure, announced on Thursday, adds both organizations to a list that includes Al Qaeda, the Islamic State, the main Mexican cartels, and the Venezuelan Tren de Aragua.

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