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☆ Dengue Outbreaks on Rise in Brazil as Vaccine Rollout Lags
▼ + stars: | 2024-03-06 | by ( March | At P.M. | ) www.usnews.com time to read: +2 min

On Tuesday, Sao Paulo's state department of health declared a state of emergency, estimating 300 cases for every 100,000 inhabitants. "We have six million doses this year and 50 million doses over five years," he said. Dengue is now present in 85% of Brazil's municipalities, Kfouri added, spreading into regions where it was never seen before. In some cases, the disease can cause a more severe hemorrhagic fever, resulting in bleeding that can lead to death. The Health Ministry's latest weekly bulletin cited some 1.3 million "possible cases" of dengue nationwide and 299 confirmed deaths related to the disease this year.

Persons: Renato Kfouri, Kfouri, Sebastian Rocandio, Steven Grattan, Bill Berkrot Organizations: SAO PAULO, Reuters, Sao Paulo, Leandra Locations: Brazil, Sao Paulo's, Brazil's municipalities

☆ Lula's Approval Ratings Inch up Ahead of Brazil's Local Elections -Poll
▼ + stars: | 2024-01-23 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +2 min

Those who consider Lula's administration as bad or terrible increased marginally to 27.9% from 27.2 four months ago, it showed. The rating of the leftist president's performance edged up to 55.2% from 54.9% in September, while disapproval also rose slightly to 39.6 from 39.0%, the MDA poll commissioned by the transport sector lobby CNT. Lula gets his best approval ratings among lower-income Brazilians and in poorer northeastern Brazil, his political bastion. He does badly among higher income groups and evangelical Christian voters, MDA said. MDA polled 2,002 people in person between Jan. 18-21 and the poll has a margin of error of 2.2 percentage points.

Persons: Luiz Inacio Lula da, Lula, Marcelo Souza, Anthony Boadle, Steven Grattan, Susan Fenton Organizations: Reuters, pollster MDA, MDA, CNT, Christian Locations: BRASILIA, Brazil

☆ Brazil's Senate Leader Pacheco Says Government to Revoke Payroll Tax Proposal
▼ + stars: | 2024-01-19 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +1 min

(Reuters) - Brazilian Senate leader Rodrigo Pacheco said on Friday the government would revoke a proposal it made to phase out the extension of payroll tax exemptions for various labor sectors, yielding to the will of the lawmakers on the matter. Speaking at a Lide Group event in Switzerland, Pacheco said that payroll tax exemption for 17 sectors of the economy until 2027 would remain. "The exemption will stand, and there is a commitment from the federal government to...revoke this provisional measure in the part that concerns the payroll exemption," Pacheco said during a panel session at the event in Zurich. Lawmakers voted to extend payroll tax exemptions for 17 labor sectors until 2027, with an impact of 12 billion reais ($2.44 billion) that had not yet been incorporated into the 2024 budget. The government package, which met with immediate political opposition, proposed reducing and gradually phasing out these benefits.

Persons: Rodrigo Pacheco, Pacheco, we've, Luiz Inacio Lula da Silva, Eduardo Simões, Steven Grattan, Kirsten Donovan Organizations: Reuters, Lawmakers Locations: Switzerland, Zurich

☆ Lula Says Brazil's Participation in OPEC+ Is to Stop Oil Producers Using Fossil Fuels
▼ + stars: | 2023-12-02 | by ( Dec. | At P.M. | ) www.usnews.com time to read: +1 min

SAO PAULO (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Saturday that Brazil's participation in the OPEC+ group of oil-producing countries is to convince nations to transition away from the use of fossil fuels. Brazil indicated on Thursday that it was on the brink of joining OPEC+, a group of 23 oil-producing countries. "We will lead oil-producing countries to accelerate the energy transition. Under the leadership of President Lula we want to use oil revenues to finance clean and renewable energy," he said. But Brazil is not expected to cap oil output as part of OPEC+, three sources told Reuters in a report published on Thursday.

Persons: Luiz Inacio Lula da Silva, Lula, Alexandre Silveira, Silveira, Ricardo Brito, Steven Grattan, Matthew Lewis Organizations: SAO PAULO, Reuters, OPEC, Petrobras Locations: OPEC, Brazil, Dubai, Africa, Latin America, South America, Sao Paulo

☆ Lula says Brazil's participation in OPEC+ is to stop oil producers using fossil fuels
▼ + stars: | 2023-12-02 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Thaier Al Sudani/File Photo Acquire Licensing RightsSAO PAULO, Dec 2 (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Saturday that Brazil's participation in the OPEC+ group of oil-producing countries is to convince nations to transition away from the use of fossil fuels. Brazil indicated on Thursday that it was on the brink of joining OPEC+, a group of 23 oil-producing countries. "We will lead oil-producing countries to accelerate the energy transition. Under the leadership of President Lula we want to use oil revenues to finance clean and renewable energy," he said. But Brazil is not expected to cap oil output as part of OPEC+, three sources told Reuters in a report published on Thursday.

Persons: Luiz Inacio Lula da Silva, Al Sudani, Lula, Alexandre Silveira, Silveira, Ricardo Brito, Steven Grattan, Matthew Lewis Organizations: United Nations, Change, United Arab Emirates, REUTERS, SAO PAULO, OPEC, Petrobras, PETR4, Reuters, Paulo, Thomson Locations: Dubai, United Arab, OPEC, Brazil, Africa, Latin America, South America

☆ Brazil to join OPEC+ but won't cap oil output, Petrobras CEO says
▼ + stars: | 2023-12-01 | by ( Rodrigo Viga Gaier | ) www.reuters.com time to read: +2 min

Jean Paul Prates, CEO of Brazil's state-run oil company Petrobras, speaks during a news conference at the Petrobras headquarters in Rio de Janeiro, Brazil March 2, 2023. "We would never be part of an organization that imposes (production) quotas to Brazil, Petrobras is a publicly-traded company and we cannot have quotas." Brazil's energy minister said on Thursday the country was eager to join OPEC+ after a full technical analysis. Brazil is the largest oil producer in South America, at 4.6 million barrels per day of oil and gas, of which 3.7 million bpd are crude. Prates, who in October received OPEC Secretary General Haitham Al Ghais in Brazil, noted OPEC+ was a group that includes countries with no voting rights and to which production caps are not imposed, which would be the case of Brazil.

Persons: Jean Paul Prates, Pilar Olivares, Luiz Inacio Lula da Silva's, Haitham Al, Brazil's, Prates, Rodrigo Viga Gaier, Gabriel Araujo, Steven Grattan Organizations: Petrobras, REUTERS, DE, PETR4, Reuters, OPEC, Thomson Locations: Brazil's, Rio de Janeiro, Brazil, DE JANEIRO, OPEC, American, South America, Haitham Al Ghais

Musician Paul McCartney performs during his Got Back tour at SoFi Stadium in Inglewood, California, U.S., May 13, 2022. Tickets priced between 200 reais ($41) and 400 reais ($82), much lower than most of those for the tour, sold out in just a few minutes. Fans who managed to buy tickets received wristbands for the concert. Upon arrival, event organizers sealed up fans' mobile phones and cameras to prevent images being recorded. Reporting by Bernardo Caram; Writing by Steven Grattan; Editing by Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.

Persons: Paul McCartney, Mario Anzuoni, McCartney, Amanda Cardoso, I'd, Bernardo Caram, Steven Grattan, Bill Berkrot Organizations: REUTERS, Rights, Cavern Club, Beatles, Clube, Choro, Thomson Locations: Inglewood , California, U.S, Rights BRASILIA, Liverpool, Brazil, Brasilia, Belo Horizonte, Sao Paulo, Curitiba, Rio de Janeiro

The Chile-based company, which leapfrogged U.S. majors American Airlines (AAL.O) and United Airlines (UAL.O), transported more than 260,000 passengers between the countries in the period. Average load factor in those flights, LATAM told Reuters, reached 89%. The results, according to ANAC, secured LATAM a 26% market share for flights between the two most populous countries in the Americas in the August-October period, above American Airlines' 22% and United Airlines' 20%. Year to date, American Airlines still leads the ranking with a 23.7% market share, slightly above LATAM's 22.4%, considering the number of passengers transported. In 2023 the U.S. carrier has so far ranked fifth in U.S.-Brazil traffic, also lagging behind Azul (AZUL.N).

Persons: Henry Romero, ANAC, LATAM, Aline Mafra, Gabriel Araujo, Steven Grattan, Marguerita Choy Organizations: Benito Juarez International, Federal Aviation Administration, FAA, REUTERS, SAO PAULO, LATAM Airlines, American Airlines, United Airlines, Reuters, Delta, Brasil, Sao Paulo, U.S ., Boston, U.S, Azul, Thomson Locations: U.S, Mexico City, Mexico, Brazil, Los Angeles, Chile, Argentina, Portugal, LATAM, Americas, Sao, Brazil's, U.S . West Coast, Miami, Orlando, New York, Rio de Janeiro, Atlanta

☆ Election victory of Argentina's Milei greeted globally by mix of hostility and support
▼ + stars: | 2023-11-21 | by ( Steven Grattan | ) www.reuters.com time to read: +3 min

Asked for his reaction on Tuesday, Mexico's leftist President Andres Manuel Lopez Obrador said he respected the voters' verdict, but added that he believed Milei's win is unlikely to alleviate Argentina's problems. But other leftist Latin American leaders were more supportive. Chilean President Gabriel Boric and Brazil's President Luiz Inacio Lula da Silva both extended best wishes to Milei. Lula's congratulations came despite Milei's harsh criticism of the Brazilian leader on the campaign trail, where at one point Milei labeled Lula an "angry communist" and corrupt. Milei found enthusiastic support among right-wing populists, including former U.S. President Donald Trump and former Brazilian President Jair Bolsonaro, who Lula narrowly defeated last year.

Persons: Javier Milei, Alberto Fernandez, Andres Manuel Lopez Obrador, Milei's, Lopez Obrador, Evo Morales, Gustavo Petro, Gabriel Boric, Luiz Inacio Lula da Silva, Milei, Lula's, Lula, Vladimir Putin, Donald Trump, Jair Bolsonaro, I'm, Argentina's, Nayib Bukele, Bukele, Steven Grattan, David Alire Garcia, Rosalba O'Brien Organizations: Peronist, Colombian, Ukraine, U.S, Sao Paulo, Thomson Locations: China, Argentina, Buenos Aires, Venezuela, Colombia, Chilean, Moscow, Russia, Beijing, Sao

☆ Brazil's economy enters negative territory in Q3, shows central bank data
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +2 min

BRASILIA, Nov 17 (Reuters) - The Brazilian economy ended the third quarter in negative territory, central bank data showed on Friday, reversing a performance that had been surprisingly positive due to a booming farming sector. The IBC-Br index, a key predictor of gross domestic product (GDP), posted a seasonally adjusted 0.64% decline in the third quarter. The Finance Ministry last estimated a 3.2% gross domestic product (GDP) growth for this year after a robust first-half performance, a figure expected to be revised next week. Meanwhile, private economists surveyed weekly by the central bank project a 2.89% increase in GDP for this year. The September IBC-Br index was in line with a negative performance of the service sector, which accounts for roughly 70% of the country's activity, said Nova Futura economist Nicolas Borsoi.

Persons: Fernando Haddad, Nicolas Borsoi, Luiz Inacio Lula da Silva's, Marcela Ayres, Steven Grattan Organizations: IBC, Reuters, Finance, Finance Ministry, Nova Futura, Thomson Locations: BRASILIA, Brazilian

☆ U.S. set to clear Paraguayan beef exports, says Brazil meatpacker
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: 1 min

SAO PAULO, Nov 13 (Reuters) - Brazilian meatpacker Minerva (BEEF3.SA) said on Monday it has been informed by Paraguayan authorities of the approval of a health protocol set to open the U.S. market for Paraguayan beef exports. Minerva, which owns four plants in Paraguay, said in a securities filing only final bureaucratic procedures are now required for the exports to be effectively cleared. "That's an important step for the country's beef producers and could open opportunities in other markets that follow similar sanitary standards," the Brazilian company said. Reporting by Gabriel Araujo; Editing by Steven GrattanOur Standards: The Thomson Reuters Trust Principles.

Persons: Minerva, Gabriel Araujo, Steven Grattan Organizations: SAO PAULO, BEEF3, Minerva, Thomson Locations: Paraguay

☆ Petrobras' five-year plan could include around $100 billion in projects - source
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +1 min

A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Photo Acquire Licensing RightsCompanies Petroleo Brasileiro SA Petrobras FollowRIO DE JANEIRO, Nov 10 (Reuters) - Brazil's state-run oil company Petrobras' upcoming five-year business plan will include around $100 billion in investments the firm is both analyzing and those it has already committed to, a source familiar with the matter told Reuters on Friday. The plan for the 2024-2028 period will be finalized over the next few weeks, with publication expected at the end of this month, the source said. In the previous 2023-2027 period, Petrobras projected $78 billion in investments. The figures are still being approved and could change, the source said, with pitched projects including renewable energy investments.

Persons: Sergio Moraes, Marta Nogueira, Steven Grattan, Kylie Madry Organizations: REUTERS, Petroleo Brasileiro SA Petrobras, RIO DE, Petrobras, Reuters, Thomson Locations: Rio de Janeiro, Brazil, RIO DE JANEIRO

☆ Abu Dhabi's ADNOC makes new bid for stake in Brazil's Braskem; shares soar
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +3 min

Logos of ADNOC are seen at Gastech, the world's biggest expo for the gas industry, in Chiba, Japan, April 4, 2017. REUTERS/Toru Hanai Acquire Licensing RightsSAO PAULO, Nov 9 (Reuters) - Brazilian petrochemical producer Braskem (BRKM5.SA) on Thursday said Abu Dhabi oil company ADNOC (ADNOC.UL) has presented a new non-binding offer to buy conglomerate Novonor's stake in the firm. The petrochemical company cited a letter exchange with Novonor in its filing. The conglomerate would be granted a minority stake of up to 3% in Braskem following the deal, Braskem added. ADNOC had previously presented a joint cash-and-debenture offer alongside U.S. asset manager Apollo (APO.N) for Braskem, with other bidders for the firm including Brazil's Unipar Carbocloro (UNIP6.SA) and J&F.

Persons: Toru Hanai, Braskem, ADNOC, Folha de S.Paulo, BTG, Pedro Soares, we're, Brazil's Unipar, Gabriel Araujo, Steven Grattan, Tomasz Janowski, David Evans Organizations: REUTERS, SAO PAULO, Petrobras, PETR4, Novonor's, Sao Paulo, Novonor, Folha de, ADNOC, U.S, Apollo, Thomson Locations: Gastech, Chiba, Japan, Abu Dhabi, Sao, Braskem

☆ Mexico inflation still easing but rate cuts seen only next year
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +2 min

A man buys vegetables at a stall in an outdoor market in downtown of Ciudad Juarez, Mexico July 27, 2023. Consumer prices rose 0.38% in October, according to non-seasonally adjusted figures, mainly driven by core inflation including higher food, beverage and service costs. The annual headline inflation reading came in slightly below economist forecasts in a Reuters poll, which stood at 4.28%. The closely monitored core index, which strips out some volatile food and energy prices, rose 0.39% during the month, while annual core inflation came in at 5.5%, in line with market expectations. "This report strengthens our view that headline inflation will remain under control over the coming months," said Pantheon Macroeconomics chief Latin America economist Andres Abadia, but "admittedly services inflation is still a bit sticky.

Persons: Jose Luis Gonzalez, Jason Tuvey, Banxico, Andres Abadia, Gabriel Araujo, Steven Grattan, Mark Heinrich Our Organizations: REUTERS, Bank of, Capital, Sao Paulo, Thomson Locations: Ciudad Juarez, Mexico, Bank of Mexico, Banxico, America, Sao

Brazil's Federal Police said in a statement they arrested two people, who they did not name, on terrorism charges in Sao Paulo. They also carried out search and seizure warrants in Sao Paulo, Brasilia and Minas Gerais states. Mossad thanked Brazilian security services for their role in helping to thwart the attack. Mossad said the "terrorist cell ... was operated by Hezbollah in order to carry out an attack on Israeli and Jewish targets in Brazil." Since the Oct. 7 attack, Hezbollah has been engaging Israeli forces along the border, in the deadliest escalation since it fought a war with Israel in 2006.

Persons: Benjamin Netanyahu's, Ricardo Berkiensztat, Jair Bolsonaro, Rodrigo Viga Gaier, Gabriel Stargardter, Steven Grattan, Lisandra, James Mackenzie, Lisa Shumaker Organizations: RIO DE, Hezbollah, Brazil's Federal Police, Islamic State, U.S . FBI, U.S . Treasury, Triple, Federal Police, Reuters, Jewish Federation of, State of, Iran's, Guards, Thomson Locations: RIO DE JANEIRO, Brazil, Iran, Sao Paulo, Brasilia, Minas Gerais, Lebanon, al Qaeda, Argentina, Paraguay, Israel, Gaza, State, State of Sao Paulo, Britain, Canada, Germany, Honduras, United States, U.S, Gulf, Jerusalem

☆ Nissan to invest $575 mln in Brazil plant by 2025
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: 1 min

A Nissan logo is seen next to a vehicle during the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David 'Dee' Delgado/File Photo Acquire Licensing RightsRIO DE JANEIRO, Nov 7 (Reuters) - Japanese carmaker Nissan (7201.T) will invest 2.8 billion reais ($575.22 million) between 2023 and 2025 in its Resende plant in Brazil to produce two new SUV models, global CEO Makoto Uchida said on Tuesday. According to Uchida, the new generation of the Nissan Kicks will be one of the vehicles manufactured in Resende, which he said will become a hub for exports to other Latin American countries. The announcement comes a day after Uchida met with President Luiz Inacio Lula da Silva in Brasilia. ($1 = 4.8677 reais)Reporting by Rodrigo Viga Gaier; Editing by Steven GrattanOur Standards: The Thomson Reuters Trust Principles.

Persons: David, Dee, Delgado, Makoto Uchida, Uchida, Luiz Inacio Lula da Silva, Rodrigo Viga Gaier, Steven Grattan Organizations: New York, REUTERS, DE, Nissan, Thomson Locations: Manhattan , New York City, U.S, DE JANEIRO, Brazil, Resende, Brasilia

In London, girls in a playground are told they are "stinking Jews" and should stay off the slide. In China, posts likening Jews to parasites, vampires or snakes proliferate on social media, attracting thousands of "likes". She was describing what was in the minds of those behind antisemitic incidents. The most chilling antisemitic incident globally was the storming of an airport in Russia's Dagestan region on Sunday by an enraged crowd looking for Jews to harm after a flight arrived from Tel Aviv. Rabbi Alexander Boroda, president of Russia's Federation of Jewish Communities, said in response that anti-Israeli sentiment had morphed into open aggression towards Russian Jews.

Persons: Anna Gordon, Anthony Adler, Adler, Nonna Mayer, France's, Israel, Mayer, Rabbi Alexander Boroda, Shneor Segal, Akiva Carr, Layli Foroudi, Julia Harte, Chen Lin, Maytaal Angel, Andrew Osborn, Carien du Plessis, Steven Grattan, Eliana, Wa Lone, Thomas Escritt, Stephanie Van Den Berg, Estelle Shirbon, Angus MacSwan Organizations: REUTERS, Russia's Federation of Jewish, Cornell University, Center for Jewish, Thomson Locations: Golders Green, London, Britain, Gaza, Los Angeles, China, Israel, United States, France, Germany, South Africa, Russia's Dagestan, Tel Aviv, Azerbaijan, Caucasus, Buenos Aires, New York, Johannesburg, Western Europe, Dagestan, Wa

☆ How the surge in antisemitism is affecting countries around the world
▼ + stars: | 2023-10-31 | by ( ) www.reuters.com time to read: +5 min

Smoke rises following an Israeli strike inside the Gaza Strip, as seen from Israel, October 31. BRAZILJewish leaders have noticed a rise in antisemitic discourse online, and incidents such as graffiti defacing a synagogue in Rio de Janeiro. BRITAINLondon's police force said there had been a 14-fold increase in incidents of antisemitism since the Oct. 7 attack. GERMANYA survey by a civil society observatory, the RIAS, found a 240% year-on-year increase in antisemitic incidents in the period of Oct. 7-15. CHINANo figures are available on antisemitic incidents.

Persons: Evelyn Hockstein, Karen Bass, Justin Trudeau, Ricardo Berkiensztat, Hitler, Gerald Darmanin, Darmanin, Eddo, David Saks, we'll, Rabbi Alexander Boroda, Andrew MacAskill, Layli Foroudi, Julia Harte, Chen Lin, Eliana, Maytaal Angel, Andrew Osborn, Carien du Plessis, Steven Grattan, Wa Lone, Thomas Escritt, Stephanie Van Den Berg, Estelle Shirbon Organizations: REUTERS, Reuters, UNITED STATES, Defamation League, White, CANADA, Argentine, Local, BRAZIL Jewish, Jewish Federation of, State of, Community Security Trust, FRANCE Interior, Hamas, SOUTH, South African Jewish Board, Deputies, Russia's Federation of Jewish, Thomson Locations: Gaza, Israel, Los Angeles, Canada, Toronto, ARGENTINA, Buenos Aires, Argentine, BRAZIL, Rio de Janeiro, State, State of Sao Paulo, BRITAIN, Britain, FRANCE, GERMANY, NETHERLANDS, SOUTH AFRICA, RUSSIA, Dagestan, Tel Aviv, CHINA, Beijing, Nazi, Wa

☆ Lula approval falls on view Brazil economy slipping -Genial/Quaest poll
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +1 min

Brazil's President Luiz Inacio Lula da Silva attends a meeting with Chinese Politburo Standing Committee member, Li Xi at the Planalto Palace in Brasilia, Brazil September 22, 2023. REUTERS/Adriano Machado/File Photo Acquire Licensing RightsBRASILIA, Oct 25 (Reuters) - Approval of President Luiz Inacio Lula da Silva's performance has fallen on Brazilian worries that Latin America's largest economy is worsening, a new Genial/Quaest poll showed on Wednesday. Approval of his way of governing has fallen to 54% in October from 60% in August, while 42% of those polled say he is doing a bad job, up from 35% in the previous survey. Genial/Quaest interviewed 2,000 people of voting age between Oct. 19 and Oct. 22. The poll has a 2.2 percentage point error margin.

Persons: Luiz Inacio Lula da Silva, Li Xi, Adriano Machado, Luiz Inacio Lula da, Quaest pollster Felipe Nunes, Lula, Jair Bolsonaro, Quaest, Anthony Boadle, Steven Grattan, Jonathan Oatis, Deepa Babington Organizations: REUTERS, Rights, Thomson Locations: Brasilia, Brazil, Rights BRASILIA

☆ Argentina's Milei nabs key endorsement, but critics quickly pounce
▼ + stars: | 2023-10-25 | by ( Nicolás Misculin | ) www.reuters.com time to read: +2 min

[1/3] Conservative Patricia Bullrich, who finished third in the first round of Argentina's presidential election, attends a press conference next to Luis Petri, in Buenos Aires, Argentina October 25, 2023. While Patricia Bullrich's endorsement could lead many of her center-right coalition's voters to also support the combative outsider Milei, criticism from within her Together for Change coalition showed at least some will not follow her lead. Bullrich's public backing of Milei quickly stoked divisions in the coalition she led, which months ago was the odds-on favorite to replace Massa's Peronists. Gerardo Morales, head of the more moderate Radical Civic Union party within Bullrich's coalition, derided her endorsement as "irresponsible," adding that the party will not endorse Milei or Massa. Analysts suggest the overall impact of Bullrich's endorsement will be limited, as some of her supporters will probably break for Massa.

Persons: Patricia Bullrich, Luis Petri, Matias Baglietto, Javier Milei, Patricia Bullrich's, Sergio Massa, Milei, Bullrich's, Bullrich, Mauricio Macri, Gerardo Morales, Horacio Rodriguez Larreta, Nicolas Misculin, David Alire Garcia, Steven Grattan, Diane Craft Organizations: REUTERS, Peronist, Massa, Massa's, Radical Civic Union, Buenos Aires, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, Bullrich's, Massa, Buenos

☆ Brazil's Lula likely to visit Saudi Arabia to discuss investments
▼ + stars: | 2023-10-24 | by ( ) www.reuters.com time to read: 1 min

SAO PAULO, Oct 24 (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Tuesday he is likely to travel to Saudi Arabia soon to discuss investments from the kingdom in his country as part of the "growth acceleration" plan recently launched by his administration. Lula said in a live broadcast on social media he would probably make a stop in Saudi Arabia on his way to the United Arab Emirates to attend the COP28 global climate meeting next month. The leftist leader is recovering from hip surgery he underwent late last month and has yet to be cleared by his doctors to travel. He said he was feeling fine. Reporting by Gabriel Araujo; Editing by Steven GrattanOur Standards: The Thomson Reuters Trust Principles.

Persons: Luiz Inacio Lula da Silva, Lula, Gabriel Araujo, Steven Grattan Organizations: SAO PAULO, United, Thomson Locations: Saudi Arabia, United Arab Emirates

☆ American Airlines orders four Embraer E175s for Envoy Air
▼ + stars: | 2023-10-19 | by ( ) www.reuters.com time to read: +3 min

American's previous deal for seven E175s, announced in June, underscored a U.S. regional aviation market recovering from rough years marked by the COVID-19 pandemic. "We maintain our optimistic view on Embraer, and believe that 2024-25 could translate into a period of a solid pipeline of deliveries." The order will take Envoy Air's fleet of E-Jets to more than 150 aircraft by the end of next year, Embraer said. The United States is the main market for the first-generation E-Jets, which Embraer dubs "the backbone" of that country's regional network. Last month, Embraer also announced a firm order for five E175s from Nigeria's Air Peace.

Persons: planemaker, Air's, Pedro Fabregas, Luxembourg's, Aerolineas Argentinas, Francisco Gomes Neto, Gabriel Araujo, Steven Grattan, Brad Haynes, Jonathan Oatis Organizations: Embraer, Reagan, SAO PAULO, American Airlines, EMBR3, Air, E1s, Santander, Jets, U.S, Nigeria's, JPMorgan, Reuters, Thomson Locations: U.S, Washington , U.S, United States

☆ China activates $6.5 bln swap line with Argentina
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: +1 min

The agreement with China has helped Argentina increase its depleted foreign currency reserves as it undergoes a major economic crisis, with annual inflation above 130% and central bank dollar reserves hitting negative levels. The Wednesday move in practice increases the amount Argentina can access as part of the swap line formalized in early 2023. This is the second swap line with China activated during Fernandez's presidency. According to an official bank source, the total amount of the swap line stood at 47 billion yuans . Libertarian Javier Milei, who has vowed to dollarize the economy and shut down the central bank, is seen as the front-runner.

Persons: Alberto Fernandez, Xi Jinping's, Fernandez, Javier Milei, Jorge Otaola, Steven Grattan Organizations: Argentine, Radio, Fernandez's, Thomson Locations: BUENOS AIRES, China, Argentina

REUTERS/Bruno Kelly Acquire Licensing RightsMANAUS, Brazil, Oct 16 (Reuters) - The Amazon River fell to its lowest level in over a century on Monday at the heart of the Brazilian rainforest as a record drought upends the lives of hundreds of thousands of people and damages the jungle ecosystem. Rapidly drying tributaries to the mighty Amazon have left boats stranded, cutting off food and water supplies to remote villages, while high water temperatures are suspected of killing more than 100 endangered river dolphins. That is the lowest level since records began in 1902, passing a previous all-time low set in 2010. After months without rain, rainforest villager Pedro Mendonca was relieved when a Brazilian NGO delivered supplies to his riverside community near Manaus late last week. The drought has threatened their access to food, drinking water and medicines, which are usually transported by river.

Persons: Bruno Kelly, Pedro Mendonca, Mendonca, Santa Helena do, Nelson Mendonca, Santa Helena do Ingles, Luciana Valentin, Jake Spring, Gabriel Stargardter, Steven Grattan, Marguerita Choy, Sandra Maler Organizations: REUTERS, Rights, Rio Negro, Brazil's Science Ministry, El, Fundacao Amazonia Sustentavel, Sao Paulo, Thomson Locations: Rio Negro, Manaus, Brazil, Rights MANAUS, Brazilian, Santa Helena, Santa Helena do Ingles, Amazonas, parched, Sao

☆ Brazil auto exports to plunge this year as Argentina crisis hits hard
▼ + stars: | 2023-10-06 | by ( Alberto Alerigi | ) www.reuters.com time to read: +3 min

Covered new cars are displayed during the Salao do Automovel International Auto Show in Sao Paulo, Brazil November 7, 2018. REUTERS/Paulo Whitaker/File Photo Acquire Licensing RightsSAO PAULO, Oct 6 (Reuters) - Brazilian auto exports are set to plunge by double digits in 2023 when compared with the previous year, automaker association Anfavea said on Friday, as a severe economic crisis in neighboring Argentina hits shipments to that country. "Exports have been the major warning point for the automotive sector in the first nine months of the year," it said. According to Anfavea, the crisis in Argentina caused the country - which has in Brazil its largest trade partner - to lose its position as the No.1 destination of Brazilian auto exports to Mexico this year. In the first nine months of 2022, Anfavea said, auto exports from Brazil have already declined 11.2% from the same period a year ago.

Persons: Paulo Whitaker, Anfavea, Marcio de Lima Leite, Leite, Alberto Alerigi Jr, Gabriel Araujo, Steven Grattan, Angus MacSwan Organizations: REUTERS, SAO PAULO, Thomson Locations: Sao Paulo, Brazil, Argentina, Mexico, Chile, Colombia

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