According to data from world health authorities released this week, Brazil is no longer among the 20 nations that vaccinate the least children, while Venezuela was included by Unicef and the World Health Organization (WHO) in the group lagging behind in terms of immunizations against measles, tetanus or diphtheria.
According to the latest issue of the International Monetary Fund's World Economic Outlook (WEO) report, Argentina's Gross Domestic Product (GDP) is expected to fall 3.5% in 2024, which represented a setback from the 2.8% predicted back in April. Regarding next year, the IMF kept the 5% growth projection unchanged.
Argentine President Javier Milei's attitude of speaking his truth at any cost is about to take its toll on the diplomatic front, as confrontations with Brazil and Bolivia flare up with a possible reshaping of the current scenario in the near future.
Italian President Sergio Mattarella landed in Brasilia Sunday for a five-day visit to South America's largest country, Agencia Brasil reported. The first visit of an Italian head of state to Brazil in 24 years marks the 150th anniversary of immigration from the European nation. Topping the agenda of talks will be the relationship between the European Union (EU) and the Southern Common Market (Mercosur), as well as other topics such as climate change and energy transition.
Services in South America's largest country grew 2% interannually in the first five months of 2024, according to a report released Friday by Brazil's Institute of Geography and Statistics (IBGE). Over the past 12 months through May, the index rose 1.3%. The sector accounts for about 70% of the country's gross domestic product (GDP). The sector also grew by 2.3% last year, making it the third in a row with positive figures.
This week Brazil deposited its instrument of ratification of the Free Trade Agreement between Mercosur and Palestine, which means the treaty is to come into force, between Brazil and the Palestine Administration, in thirty days. The instrument was deposited at last moment to Mercosur member Paraguay on July 3, when this country was still chair of the South American trade block. The information was released by the Brazilian Ministry of Foreign Relations. The following day the rotating presidency of Mercosur was handed to Uruguay.
June's inflation in Brazil recorded a sharp increase due to significant adjustments in the retail price of potatoes (14.9%) and long-lasting milk (7.43%) among other items, Agencia Brasil reported Wednesday citing the latest Broad National Consumer Price Index (IPCA) released by the Brazilian Institute of Geography and Statistics (IBGE).
Transpetro, a subsidiary of Brazil's State-run oil company Petrobras launched a tender this week for the construction of four vessels for the transport of fuels such as gasoline, Agencia Brasil reported. The winning shipyard is to be announced by the end of this year.
Brazilian President Luiz Inácio Lula da Silva told his Bolivian counterpart Luis Arce Catacora during their encounter in Santa Cruz de la Sierra that there is no individual way out in South America, Agencia Brasil reported. Both leaders agreed that the bilateral meeting spelled the beginning of a new era in bilateral ties now that Bolivia is a full member of the Southern Common Market (Mercosur). It was Lula's first trip to Bolivia during his third term in office while Arce has been to Brazil four times in the past 12 months.
In addition to President Javier Milei not attending the 64th Southern Common Market Summit in Asunción, Argentina brought another dissenting note to the regional bloc when Foreign Minister Diana Mondino upheld the idea of brokering unilateral deals with foreign powers or blocs in blunt opposition to Brazilian President Luiz Inácio Lula da Silva's stance on the matter.