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☆ Brazil vs. Argentina: Historic World Cup qualifier is overshadowed by violence and chaos at the Maracanã stadium
▼ + stars: | 2023-11-22 | by ( Matias Grez | ) edition.cnn.com time to read: +4 min

CNN —Brazil suffered its first ever home World Cup qualifying defeat on Tuesday, as Argentina earned a 1-0 win on a night of violence and chaos at the iconic Maracanã stadium. However, the match was overshadowed by violence in the stands which delayed the start of the World Cup qualifier. The Inter Miami forward first led his teammates over to the stand where the fighting was taking place and pleaded with both the police and Argentina fans – some of who were seen throwing ripped out seats at the security officials – for calm. “The truth is that this group continues to achieve historic things, once again,” Messi told reporters after the match, per Reuters. Wagner Meier/Getty ImagesThere are 18 rounds in South America’s World Cup qualifying system, with the top six teams progressing to the 2026 event while the seventh-placed country will go into the FIFA play-off tournament, which will involve six countries from other continents.

Persons: Nicolas Otamendi’s, Lionel Messi, –, Aston, Emi Martinez, Ricardo Moraes, Messi, “, ”, ” Messi, Lionel Scaloni, ” Scaolini, “ It’s, Fernando Diniz, Wagner Meier, CNN’s Duarte Mendonça Organizations: CNN, The Inter Miami, Aston Villa, Brazilian Football Confederation, FIFA –, CONMEBOL, CBF, RJ Military Police, Argentine, didn’t, Reuters, Argentina, Fluminense, Copa Libertadores, FIFA Locations: Argentina, Brazil

☆ Violent clashes mar Brazil v Argentina World Cup qualifier
▼ + stars: | 2023-11-22 | by ( Fernando Kallas | ) www.reuters.com time to read: +2 min

[1/4] Soccer Football - World Cup - South American Qualifiers - Brazil v Argentina - Estadio Maracana, Rio de Janeiro, Brazil - November 21, 2023 Fans clash with security staff in the stands causing a delay to the start of the match REUTERS/Ricardo Moraes Acquire Licensing RightsRIO DE JANEIRO, Nov 21 (Reuters) - The start of the World Cup qualifier between Brazil and Argentina was delayed by half an hour after violent clashes between police and visiting fans at Maracana Stadium on Tuesday. Some Argentina fans responded by ripping up and throwing seats at the officers as nearby fans panicked and came onto the pitch to escape the fighting. One Argentina fan lay prone on the pitch with a bloodied face before being taken from the stadium on a stretcher. On Tuesday, the Argentina players eventually returned once the police had corralled the visiting fans in a pen and the match started after a lengthy delay. It was a third straight defeat for five-times World Cup winners Brazil, who had midfielder Joelinton sent off 18 minutes from time.

Persons: Ricardo Moraes, Lionel Messi, Messi, Nicolas Otamendi, Joelinton, Fernando Kallas, Nick Mulvenney, Stephen Coates Organizations: Soccer, Estadio Maracana, REUTERS, DE, Maracana, Argentina, Libertadores, Argentina's Boca Juniors, Brazil's Fluminense, Copa Libertadores, Brazil, Thomson Locations: Brazil, Argentina, Rio de Janeiro, DE JANEIRO

☆ Soccer clashes, Taylor Swift fan death tarnish Rio de Janeiro ahead of G20
▼ + stars: | 2023-11-22 | by ( Gabriel Stargardter | ) www.reuters.com time to read: +4 min

TV images showed Rio state cops beating Argentina fans with truncheons as chairs rained down upon them. On Wednesday, the Brazilian Football Confederation (CBF) and Rio's state military police traded blame over arrangements for the mixed seating section of Brazil and Argentina fans where the trouble erupted. Rio's policing of high-profile soccer matches was already under scrutiny after the Copa Libertadores final this month. In October, three doctors enjoying a late-night beer along one of Rio's beaches were brutally murdered after being confused for rival gangsters. A few days later, militias set fire to dozens of Rio buses after police killed one of their bosses in an operation.

Persons: Ricardo Moraes, Taylor, Nilton Santos, Daniel Scioli, Luiz Inacio Lula da Silva, Gabriel Stargardter, Aurora Ellis Organizations: Soccer, Estadio Maracana, REUTERS, DE, Police, year's, Olympic Games, Nilton, Argentina, Brazilian Football Confederation, CBF, Copa Libertadores, Boca Juniors, Fluminense, Thomson Locations: Brazil, Argentina, Rio de Janeiro, DE JANEIRO, Maracana, Rio, Copacabana, India, Rio's

☆ Brazil's Petrobras lifts 2023 forecast for oil and gas output
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +2 min

Brazil's state-run oil company Petrobras logo is pictured at its building in Rio de Janeiro, Brazil July 17, 2023. REUTERS/Ricardo Moraes Acquire Licensing RightsCompanies Petroleo Brasileiro SA Petrobras FollowRIO DE JANEIRO, Nov 9 (Reuters) - Brazil's state-run oil company Petrobras (PETR4.SA) raised its projection for oil and gas production this year, after posting a 41.5% decrease in third-quarter profit on Thursday. Latin America's top oil producer posted a recurring net profit of 27.2 billion reais ($5.51 billion), while analysts polled by LSEG had expected 28.74 billion reais. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) for the period shrank 27.6% to 66.19 billion reais ($13.41 billion). Petrobras also said it will pay shareholders 1.344365 reais per share, totaling 17.5 billion reais in dividends.

Persons: Ricardo Moraes, LSEG, Fabio Teixeira, Chris Reese, Lincoln Organizations: Petrobras, REUTERS, Petroleo Brasileiro SA Petrobras, RIO DE, PETR4, Thomson Locations: Brazil's, Rio de Janeiro, Brazil, RIO DE JANEIRO, Brent, Santos, Campos

☆ Web Summit CEO resigns after recent comments on Israeli conflict
▼ + stars: | 2023-10-21 | by ( ) www.reuters.com time to read: 1 min

Web Summit's CEO Paddy Cosgrave talks on a stage during the opening of the Web Summit technology conference, in Rio de Janeiro Brazil May 1, 2023. REUTERS/Ricardo Moraes/File photo Acquire Licensing RightsOct 21 (Reuters) - Web Summit Chief Executive and founder Paddy Cosgrave on Saturday resigned after comments he made on the Israeli-Hamas conflict prompted some technology companies and investors to withdraw plans to attend its conference in Portugal next month. "Unfortunately, my personal comments have become a distraction from the event, and our team, our sponsors, our startups and the people who attend," Cosgrave said in a statement. Reporting by Maria Ponnezhath in BengaluruOur Standards: The Thomson Reuters Trust Principles.

Persons: Paddy Cosgrave, Ricardo Moraes, Cosgrave, Maria Ponnezhath Organizations: Rio de Janeiro Brazil, REUTERS, Thomson Locations: Rio de Janeiro, Portugal, Bengaluru

☆ Brazil's Lula discussed with Biden climate change, job creation initiative
▼ + stars: | 2023-08-16 | by ( ) www.reuters.com time to read: +1 min

Brazil's President Luiz Inacio Lula da Silva speaks during the launch ceremony of Growth Acceleration Program (PAC) at Rio de Janeiro's Municipal Theater, Brazil, August 11, 2023. REUTERS/Ricardo Moraes/File Photo Acquire Licensing RightsBRASILIA, Aug 16 (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Wednesday he discussed with U.S. President Joe Biden efforts to fight climate change, as well as the outcome of a summit of rainforest nations held in Brazil last week. In a post on social media platform X, formerly known as Twitter, Lula said he and Biden spoke by phone and also discussed a joint initiative between the countries to create jobs that should be launched soon. The presidents discussed "ongoing efforts to help mobilize up to $1 billion to support the restoration of degraded lands in Brazil and the Amazon region." Reporting by Lisandra Paraguassu; Writing by Peter Frontini; Editing by Chris Reese and Brendan O'BoyleOur Standards: The Thomson Reuters Trust Principles.

Persons: Luiz Inacio Lula da Silva, Ricardo Moraes, Joe Biden, Lula, Biden, Lisandra Paraguassu, Peter Frontini, Chris Reese, Brendan O'Boyle Organizations: Rio de, REUTERS, Rights, U.S, Twitter, White House, U.S ., Amazon Fund, Thomson Locations: Rio, Brazil, Rights BRASILIA, Venezuela, Haiti

☆ Brazil launches 'growth acceleration' plan set to invest $350 billion
▼ + stars: | 2023-08-11 | by ( ) www.reuters.com time to read: +2 min

A general view of the Copa Cabana beach during Independence Day celebrations, in Rio de Janeiro, Brazil September 7, 2022. But the government said its new version would be marked by a strong partnership between the public and private sectors, with more than 1.3 trillion reais estimated to be disbursed by 2026. According to a statement, 371 billion reais are set to be invested by the federal government, while state-owned firms such as oil giant Petrobras (PETR4.SA) would inject 343 billion. The private sector, it added, is seen investing a total 612 billion reais, added. Sao Paulo, the country's wealthiest and most populous state, comes second with an estimated 179.6 billion reais being invested in major infrastructure projects.

Persons: Ricardo Moraes, Luiz Inacio Lula da Silva, Lula, Dilma Rousseff, Sao, Rodrigo Viga Gaier, Gabriel Araujo, Steven Grattan, Frances Kerry Organizations: Copa Cabana, REUTERS, Brazil's, Petrobras, PETR4, Sao Paulo, Paulo, Thomson Locations: Rio de Janeiro, Brazil, JANEIRO

☆ Brazil's Lula unveils $350 bln 'growth acceleration' plan
▼ + stars: | 2023-08-11 | by ( Rodrigo Viga Gaier | ) www.reuters.com time to read: +3 min

A general view of the Copa Cabana beach during Independence Day celebrations, in Rio de Janeiro, Brazil September 7, 2022. Critics say it incurred excessive spending, exacerbating Brazil's fiscal crisis, while failing to bring fundamental advances in infrastructure. The government did not immediately detail the fiscal impact of the initiative, or give a specific time frame for the plan. Yet Lula is under pressure to deliver much-needed growth to poor, under-developed regions and he wants Petrobras to be an engine of growth. "We'll accelerate growth in our country and help stop degradation of our planet," Haddad said in a speech.

Persons: Ricardo Moraes, Luiz Inacio Lula da Silva, Dilma Rousseff, Staff Rui Costa, Lula, Jair Bolsonaro, Fernando Haddad, Haddad, Rodrigo Viga Gaier, Gabriel Araujo, Steven Grattan, Anthony Boadle, Kirsten Donovan Organizations: Copa Cabana, REUTERS, Staff, Petrobras, PETR4, Finance, Sao Paulo, Thomson Locations: Rio de Janeiro, Brazil, JANEIRO, Sao

☆ Buffett-backed Nubank has AI investments as 'great priority', CEO says
▼ + stars: | 2023-05-18 | by ( ) www.reuters.com time to read: +1 min

[1/2] Nubank CEO David Velez talks on stage during the opening of the Web Summit technology conference, in Rio de Janeiro Brazil May 1, 2023. REUTERS/Ricardo MoraesSAO PAULO, May 18 (Reuters) - Investments in artificial intelligence are a "great priority" for Brazilian digital lender Nubank , Chief Executive David Velez said on Thursday, adding that the firm expects to demonstrate it soon as it pushes for expansion. "Five years from now you'll be talking to Nubank in your self-driving car, you'll be talking to Nubank in your home," Velez told reporters. Nubank debuted on the New York Stock Exchange in late 2021 raising nearly $2.6 billion. She added Nubank also sees growth opportunity in Mexico as "much bigger" than in Brazil at the moment.

☆ BHP Group seeks delay to Brazil dam court case
▼ + stars: | 2023-03-29 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Ricardo Moraes/File PhotoLONDON, March 29 (Reuters) - Mining group BHP Group (BHP.AX) is seeking to delay a potential 36 billion pound ($44 billion) London lawsuit over Brazil's worst environmental disaster as it needs more time to prepare, the company's lawyers said on Wednesday. BHP denies liability and in December applied to join Vale to the case. Simon Salzedo, representing Vale, argued that BHP has no case against Vale and that, if it did, any lawsuit should be brought in Brazil. Reparation and compensation programs implemented by the Renova Foundation funded $6 billion in financial aid by the end of 2022, BHP added. BHP has applied to the Supreme Court to end the case without trial following the Court of Appeal's decision last year.

[1/2] Iranian military ship Iris Makran navigates on the coast of Rio de Janeiro as a Brazilian flag flutters in Copacabana Beach, Brazil, February 27, 2023. REUTERS/Ricardo MoraesRIO DE JANEIRO, Feb 27 (Reuters) - Two Iranian warships docked in Rio de Janeiro on Sunday after Brazilian President Luiz Inacio Lula da Silva's government granted permission despite pressure from the United States to bar them. "In the past, those ships facilitated illegal trade and terrorist activities, and have also been sanctioned by the United States. Brazil is a sovereign nation, but we firmly believe those ships should not dock anywhere," she said. He traveled to Tehran to meet then-President Mahmoud Ahmadinejad in 2010 as he sought to broker a nuclear deal between Iran and the United States.

[1/2] A Brazilian flag is seen through broken glass following the anti-democratic riots, at Planalto Palace, in Brasilia, Brazil, January 10, 2023. What many banks point to is the assumed risk premium already built in to Brazilian real interest rates. But beyond Brazilian markets, the wide global markets calm surrounding the weekend events was equally curious. After all, Brazil is the 12th largest economy in the world and one of the biggest food and raw materials exporters. Among the 10 biggest risks it lists by likelihood is emerging markets political risks that threaten political institutions.

☆ Brazil markets fall after Lula takes office vowing to end poverty
▼ + stars: | 2023-01-02 | by ( Anthony Boadle | ) www.reuters.com time to read: +4 min

[1/2] Brazil's President Luiz Inacio Lula da Silva, his wife Rosangela "Janja" da Silva and Chief Raoni walk through the ramp of the Planalto Palace after Lula's swearing-in ceremony, in Brasilia, Brazil, January 1, 2023. Lula narrowly defeated far-right former President Jair Bolsonaro in October, swinging South America's largest nation back on a left-wing track. Lula spent his first day in office meeting with more than a dozen heads of state who attended his inauguration. In his swearing-in speech to Congress, Lula said he was not seeking revenge, but any crimes committed under Bolsonaro would be held accountable with due legal process. ($1 = 5.3458 reais)Reporting by Anthony Boadle and Gabriel Araujo in Brasilia Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

☆ Brazil markets tumble on Lula's first full day in office
▼ + stars: | 2023-01-02 | by ( Anthony Boadle | ) www.reuters.com time to read: +5 min

Haddad, who is seeking to dispel market fears that he might not maintain fiscal discipline, took office on Monday, pledging to control spending. "The policies remind us of Dilma Rousseff's government rather than Lula's," Gracia said, referring to Lula's handpicked successor, who was impeached while in office. Allies said Lula's newfound social conscience was the result of his 580 days in prison, Reuters reported on Sunday. Lula kicks off his third presidential term after persuading Congress to pass a one-year, 170 billion-reais increased social spending package, in line with his campaign promises. Lula spent his first day in office meeting with more than a dozen heads of state who attended his inauguration.

☆ Gun-loving Bolsonaristas challenge Lula's pledge to disarm Brazil
▼ + stars: | 2022-12-13 | by ( Gabriel Stargardter | ) www.reuters.com time to read: +10 min

The president-elect has pledged to "disarm" an increasingly gun-toting country where personal firearms have become a symbol of Bolsonaro's conservative base. Reuters interviewed eight other people working on, or advising, Lula's transition team on bolstering gun controls once he takes office on Jan. 1. The priority will be to reimpose civilian prohibitions on certain high-caliber weapons, including the rifle used by Jefferson, the sources said. The political context is a sharp departure from Lula's 2003-2010 presidency, when he passed sweeping gun laws to combat violent crime. Last week, they charged him with four counts of attempted murder, resisting arrest, and weapons charges.

REUTERS/Ricardo Moraes/File Photo/File PhotoLONDON, Nov 2 (Reuters) - The pace and scale of rate hikes delivered by central banks around the globe in October slowed down dramatically following September's historic peak. The latest moves have brought total rate hikes in 2022 from G10 central banks to 2,050 bps. Emerging markets interest ratesMarkets had recently taken heart from indications that rate hikes from major central banks - especially the U.S. Federal Reserve - were slowing down. "We see central banks on a path to overtighten policy," said Boivin on Monday in a weekly outlook note from the world's largest asset manager. "We think the Fed, like other developed market central banks, will only stop when the severe damage from rate hikes is clearer.

☆ Main road to Brazil's Paranagua port, major grain export hub, still blocked
▼ + stars: | 2022-11-01 | by ( Ana Mano | ) www.reuters.com time to read: +2 min

REUTERS/Ricardo MoraesSAO PAULO, Nov 1 (Reuters) - The main access road to Brazil's Paranagua port, the country's second busiest for grain exports, remained blocked by political protesters on Tuesday, according to a statement from the port authority, hobbling shipping from one of the world's top food producers. Farm states like Santa Catarina, where many meatpackers operate, and Mato Grosso, Brazil's biggest grain producer, were among the most affected by the protests that started after polls closed on Sunday, police data showed. The port authority at Santos, Latin America's biggest port, said things were normal as protests had not disrupted its terrestrial operations, according to a statement sent to Reuters. Yet due to bad weather, navigation in the port's estuary has been suspended since 4:00 a.m. (0700 GMT), the statement said. Reporting by Ana Mano Editing by Alistair BellOur Standards: The Thomson Reuters Trust Principles.

☆ Brazil's furriest police corporal becomes internet sensation
▼ + stars: | 2022-10-18 | by ( ) www.reuters.com time to read: +1 min

Corporal Oliveira, a rescued dog who has became a police mascot, observes the street outside Rio de Janeiro's Military Police's 17th battalion, in Rio de Janeiro, Brazil, October 14, 2022. REUTERS/Ricardo MoraesRIO DE JANEIRO, Oct 18 (Reuters) - A rescue dog turned police mascot has become one of Brazil's most beloved furry internet sensations. Dubbed "Corporal Oliveira," the dog was taken in by Rio police officer Cristiano Oliveira, who found him in 2019 near his police station abandoned, injured and hungry. Register now for FREE unlimited access to Reuters.com Register"I took a coat, a police shirt and put it on him as a joke. "If I don't post a picture for three days people are already demanding ‘Where is Oliveira?’ ‘Where did Oliveira go?’" said the officer, laughing.

☆ Consumer prices in Brazil down for the third month on lower fuel costs
▼ + stars: | 2022-10-11 | by ( ) www.reuters.com time to read: +2 min

Prices are displayed at a market in Rio de Janeiro, Brazil, September 2, 2021. The benchmark IPCA index (BRCPI=ECI) fell 0.29% last month, IBGE said, a smaller drop than the 0.34% forecast by economists polled by Reuters and slowing down from the 0.36% fall seen in the previous month. The transportation sector once again led consumer prices down in Brazil in September, posting a 1.98% drop, while food and beverage prices fell for the first time since November 2021, IBGE said. Reuters GraphicsIn the 12 months through September, inflation reached 7.17%, down from 8.73% in the previous month though slightly above the 7.1% forecast. "But with some goods and services inflation still rising, and the headline rate far above target, a shift towards interest rate cuts remains a long way off," he added.

☆ Lula remains ahead of Bolsonaro as Brazil election looms -poll
▼ + stars: | 2022-09-26 | by ( ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterFormer Brazil's President and candidate for presidential election Luiz Inacio Lula da Silva attends a campaign rally in Portela Samba School in Rio de Janeiro, Brazil, September 25, 2022. REUTERS/Ricardo MoraesSAO PAULO, Sept 26 (Reuters) - Brazil presidential candidate Luiz Inacio Lula da Silva slightly widened his lead over President Jair Bolsonaro less than a week before the South American country's election, a poll by IPEC released on Monday showed. In a first-round vote scheduled for Oct. 2, Lula reached 48% of voters' support against 31% for Bolsonaro, compared with 47% and 31% respectively, in the same poll a week ago, the survey showed. According to the poll, Lula could win the race in the first round, since he holds 52% of voters' intentions excluding abstentions and null votes. Register now for FREE unlimited access to Reuters.com RegisterReporting by Carolina Pulice and Peter Frontini; Editing by Chris Reese and Sandra MalerOur Standards: The Thomson Reuters Trust Principles.

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