Brazilian energy firm Âmbar announced its decision to start importing energy from Venezuela in recent weeks, marking the resumption of transactions that had been suspended since 2019.
In an official statement, the company, which belongs to the J&F group, said that the imported energy is…
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lula da silva
Minimum wage in Brazil will have a permanent increase
Brazil will guarantee the permanent increase in the minimum wage starting in 2024 according to the new law sanctioned this Monday by President Luiz Inácio Lula da Silva.
The law, which was previously approved by Congress, also establishes…
Lula and Biden spoke about climate change
Brazilian President Luiz Inácio Lula da Silva held a telephone conversation this Wednesday with his American counterpart, Joe Biden, emphasizing the importance of seriously addressing the debate on the climate crisis.
During the call,…
Lula da Silva signs cryptocurrency law
The president of Brazil, Luiz Inácio Lula da Silva, signed the cryptocurrency law. It will enter into force on June 20, with the Central Bank as the regulatory entity.
The signing of the long-awaited law was carried out by the president of…
Brazil’s GDP grew by 1.9 % in the first quarter of the year
The Gross Domestic Product (GDP) of Brazil grew by 1.9 % in the first quarter of the year compared to the previous quarter, while it expanded by 4% compared to the same period in 2022, according to the Brazilian Institute of Geography. and…
The IMF supports Brazil’s tax reform
The International Monetary Fund (IMF) stated that it "firmly" supports the commitment of the Lula da Silva government to improve Brazil's fiscal position, while encouraging the country to continue promoting its "ambitious" agenda to achieve…
Brazil and the ILO discussed social justice and labor equity policies
The initiative of the ILO Global Coalition for Social Justice was the focus of the meeting between the organization's director general, Gilbert Houngbo, and the president of Brazil, Luiz Inácio Lula da Silva, which took place this week and…
Lula: “Interest rates are very high”
The President of Brazil, Lula da Silva, once again insisted that interest rates at 13.75 % continue to be "very high" and are detrimental to businessmen who want to increase their investments in the country, being perceived as a figure that…
Brazil calls for an agreement between Mercosur and the EU
The president of Brazil, Lula da Silva, stated that it is "urgent" and "necessary" for Mercosur to reach a trade agreement with the European Union (EU) as soon as possible, in order to address other issues that the trade bloc has, such as…
Brazil and Argentina will have a common currency
The governments of Brazil and Argentina will announce next week preparations to launch a common currency project that could turn the two countries, the two largest South American economies, into the world's second-largest currency bloc.…
Lula da Silva’s cabinet will have 37 ministries
The future Brazilian Minister of the Presidency and current governor of the state of Bahia, Rui Costa, stated this Saturday that the government of Luiz Inácio Lula da Silva, of the Workers' Party (PT), will be made up of 37 ministries.…
Lula wins the elections in Brazil
The left-wing candidate Luiz Inácio Lula da Silva (50.88%) won by a narrow margin over his rival and current Brazilian president, Jair Bolsonaro (49.12%) with 99.63% counted and thus strengthens the options of comeback after a start of the…