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Uruguay's president meets Brazilian executives in SΓ£o Paulo to open 'new phase' of commercial ties

The meetings, held throughout Tuesday, gathered executives from the mining, logistics, banking, food, tourism, pulp, soybean, pharmaceutical, metallurgical and supermarket sectors Uruguayan President YamandΓΊ Orsi made a day trip to SΓ£o Paulo on Tuesday to meet Brazilian business leaders interested in investing in Uruguay, in an agenda Foreign Minister Mario Lubetkin described as an opportunity to "move to a new phase in the levels of commercial development and Brazilian investments" in the South American country. The official delegation included Lubetkin himself, Economy and Finance Minister Gabriel Oddone, Uruguay's ambassador to Brazil Rodolfo Nin Novoa, and the executive director of investment promotion agency Uruguay XXI, Mariana Ferreira.

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Brazil promulgates Mercosur-EU deal, completing domestic ratification of trade pact

During the formal session, Alcolumbre said trade β€œis the key to world peace” and argued that countries that do business with one another tend to have more to lose from war than to gain from it Brazil’s Congress on Tuesday promulgated the trade agreement between Mercosur and the European Union, completing the final domestic step required for the treaty to take effect on the Brazilian side. The ceremony was led by Senate and Congress President Davi Alcolumbre, who framed the pact as a sign in favor of trade, stability and integration at a time of wars and commercial tensions.

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

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.

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Lula and PeΓ±a agree to accelerate ItaipΓΊ treaty review

Annex C stipulates that both countries are entitled to 50% of the energy generated, but requires whichever party does not use its full share to sell the surplus to the other at preferential rates The presidents of Brazil, Luiz InΓ‘cio Lula da Silva, and Paraguay, Santiago PeΓ±a, agreed on Sunday in Campo Grande to intensify negotiations over Annex C of the ItaipΓΊ treaty, the instrument that governs the financial terms and energy sales of the binational hydroelectric dam, one of the largest in the world.

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Bolsonaro leaves hospital, gets 90-day house arrest within 27-year prison sentence

Bolsonaro was admitted to a private hospital in Brasilia on March 13 after experiencing vomiting and chills in his cell in the military wing of Papuda prison 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.

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Father of Argentine lawyer detained for racism in Brazil repeats same gestures at bar

In a second recording from the same night, he is heard claiming that he personally paid the $18,000 bail imposed by the Brazilian court so his daughter could return to Argentina Mariano PΓ‘ez, father of lawyer and influencer Agostina PΓ‘ez, was filmed imitating monkey gestures at a bar in Santiago del Estero β€” 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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Brazil to expand Antarctica activities with new polar vessel Comandante Saldanha

The vessel has a displacement of 5.800 tons plus a hangar to host two helicopters, plus the landing platform. Brazil is expanding its Antarctica presence and activities with the introduction of a new polar vessel currently under construction in the county. The vessel β€œAlmirante Saldanha” is considered an operational and scientific leap for the Brazilian Navy in the context of the strategic development of the Brazilian Antarctic Program.

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Argentine lawyer held in Brazil on racial slur charges faces new uncertainty after court reversal

PΓ‘ez was filmed making racist gestures toward employees of a bar in the Ipanema neighborhood Agostina PΓ‘ez, 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.

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