Brazil

Brazil's Congress enacted Constitutional Amendment 135/24 regarding the fiscal spending cut package, Agencia Brasil reported. The new legislation stemming from the Proposed Amendment to the Constitution (PEC) 45/24 made changes to mandatory revenues and extended the Untying of Union Revenues (DRU) in a move to improve the federal government's fiscal […]

Brazil's Central Bank (BCB) successfully maneuvered Thursday and got the US dollar to fall against the local real after volatility gripped financial markets amid President Luiz Inácio Lula da Silva's planned taxation reforms, Agencia Brasil reported. The US currency closed at R$ 6.12 following Congressional approval of the Government's legal package.

Brazil's tourism authorities expect a record-breaking summer season thanks to a recent boost in air connectivity, particularly with direct flights between Rio de Janeiro and Montevideo, Agencia Brasil reported.

Amid uncertainty stemming from President Luiz Inácio Lula da Silva's planned measures, the US dollar soared Wednesday against the Brazilian real, hitting a new record of R$ 6.26 = US$ 1 while the stock market fell above 3%, also driven by the 0.25 percentage point interests cut by the US Federal Reserve (Fed).

Brazil's Central Bank's (BCB) Monetary Policy Committee (Copom) said Tuesday in a document that further hikes to the basic interest rate (Selic) were not to be ruled out next year given the rise of the US dollar against the Brazilian real, which crossed the BR$ 6 / US$ 1 barrier after the fiscal package announced by the Government of President Luiz Inácio […]

Composer Toninho Geraes claims 2015 song Million Years Ago copied music of his samba classic Mulheres (Women)A Brazilian judge has ordered a song by British pop superstar Adele, Million Years Ago, be pulled worldwide – including on streaming services – over a continuing plagiarism claim by a Brazilian composer.The injunction threatens the Brazilian […]

Starting Monday, Brazil's Supreme Federal Court (STF) is using Artificial Intelligence (AI) software to write documents and produce images, videos, music, and audio. The Support Module for Writing with Artificial Intelligence has been named "MARIA" given its acronym in Portuguese.

Former Brazilian President Jair Bolsonaro's running mate in the 2022 elections, Gen. (Ret.) Walter Braga Netto, was arrested this weekend by the Federal Police (PF) in connection with the alleged plot to prevent Luiz Inácio Lula da Silva's inauguration.

President delivers emotional address wearing a panama hat – ‘so you don’t see the dressing on my head’Brazil’s president, Luiz Inácio Lula da Silva, has been discharged from hospital after spending six days recovering from emergency surgery to drain a haematoma in his brain.The announcement – made on Sunday by the medical team at the […]

Gen Walter Braga Netto held over alleged attempt to seize power after 2022 election of Luiz Inácio Lula da SilvaOne of the closest allies of Brazil’s ex-president Jair Bolsonaro – the former defence minister Gen Walter Braga Netto – has been arrested by federal police in connection with an alleged plot to seize power through a military coup.Last […]

Brazilian President Luiz Inácio Lula da Silva released a video Friday after leaving the Intensive Care Unit at the Sírio-Libanês Hospital in São Paulo, Agencia Brasil reported. Lula underwent two surgical procedures in his head this week to drain a hemorrhage caused by a domestic accident in October that prevented him from attending the BRICS Summit in […]

Defense Minister Lord Coaker's recent visit to Chile and Brazil focused on supporting global security and tackling increasing threats. There, he held talks with his counterparts and industry as the UK strengthens relations with partners around the world.

Brazil's Social Communication Minister Paulo Pimenta said Thursday that President Luiz Inácio Lula da Silva intends to run for a fourth term in office in 2026, perhaps to dispel rumors about his health after undergoing another surgical procedure in his head. In an interview with CNN Brazil, Pimenta insisted that Lula was “the most qualified and prepared […]

Luiz Inácio Lula da Silva underwent followup operation to reduce risk of bleeding and recovery is on trackBrazil’s president, Luiz Inácio Lula da Silva, is expected to leave intensive care on Friday after doctors successfully carried out a follow-up operation to reduce the risk of bleeding following his unplanned brain surgery earlier this week.The […]

Minimally invasive procedure is to ‘minimize the risk of future bleeding’ after no complications from first surgery Brazil’s president, Luiz Inácio Lula da Silva, will undergo another operation to “minimize the risk of future bleeding” his doctors have said, after the emergency operation carried out on Tuesday to contain a brain bleed.Lula, 79, […]