Author: Sacas

SAO PAULO, Dec 11 (Reuters) – Brazil will resume electricity imports from its neighbor Venezuela after more than four years of hiatus, Brazil’s energy and mines ministry and energy firm Ambar said on Monday. The move is expected to reduce energy costs for consumers in the Brazilian state of Roraima, which is the country’s only state not connected to the national grid. The Brazilian government late last month authorized Ambar, an energy trading company controlled by the J&F group, to import electricity generated by the Guri hydroelectric plant in Venezuela in a process that should begin soon, according to Ambar.…

Brazil’s carbon emissions fell by 8% in 2022, but the rate is still the third-highest since 2005. The reduction was driven by a decrease in deforestation and a decrease in the use of thermal power plants, as shown in a report by the System of Greenhouse Gas Emissions Estimates (Seeg), compiled by the Climate Observatory and released on Thursday (23) in Brasília. Brazil emitted 2.3 billion gross tons of greenhouse gases (GtCO2e) in 2022, an 8% decrease compared to 2021 when 2.5 billion tons of carbon were released into the atmosphere. Nevertheless, the rate recorded in the last year of…

Nov 5 (Reuters) – Brazil has submitted a letter of intent to soccer’s governing body FIFA to host the 2027 Women’s World Cup, the South American country’s Minister of Sports Andre Fufuca said on Saturday. Fufuca presented the documents to FIFA President Gianni Infantino while he was in Rio de Janeiro for the Copa Libertadores final, which was won by Brazilian club Fluminense for the first time. “I delivered it to FIFA and Brazilian Football Confederation on behalf of President Lula,” Fufuca said on X, formerly known as Twitter. “The Government Declaration formalising Brazil’s intention to host the 2027 Women’s…

The first rescue plane left Tel Aviv on Tuesday, carrying 211 passengers back to Brazil as part of a repatriation operation to return more than 1,000 Brazilians stranded in Israel. The Brazilian government announced that the plane would arrive in the nation’s capital of Brasilia early Wednesday. Authorities expect to deploy five additional planes by Oct. 15. About 2,200 Brazilians in Israel have contacted the embassy to leave following violent clashes that began Saturday when the Hamas group infiltrated Israel, according to the Brazilian government. Air Force Commander Marcelo Damasceno said repatriation missions expect to retrieve 900 Brazilians by Oct.…

Brazil’s first-ever minister for indigenous peoples says South America’s largest country is seeking to swiftly restore its climate credibility and prevent the Amazon from hitting a calamitous tipping point. Since returning to office in January, leftist Brazilian President Luiz Inácio Lula da Silva has made rapid progress in a relatively short space of time to reverse a trend of accelerating devastation in the world’s largest tropical rainforest. Lula came to power pledging to put a stop to the damage done during far-right President Jair Bolsonaro’s four-year term and the latest data suggests the rate of deforestation in Brazil’s Amazon has fallen to its lowest level in…

BUENOS AIRES, Sept 7 (Reuters) – Argentina’s troubled peso currency is at risk of suffering another devaluation after October’s presidential election or a potential second round in November, a Reuters poll of strategists found. Last month, as part of an agreement with the International Monetary Fund (IMF), the Peronist government depreciated the benchmark official exchange rate by nearly 18% and pegged it at 350 per dollar in the wake of a key primary vote. But now it is expected to trade at 419.8 per dollar in 3 months, according to the median estimate of 19 economists polled Sept. 1-5. This would imply a 16.6% devaluation…

International Relations and Cooperation Minister, Naledi Pandor, has welcomed Brazil’s President, Lula da Silva, into the country for the historic 15th BRICS Summit, starting in Sandton, Johannesburg. Heads of States and Government from BRICS nations, with the exception of Russian President Vladimir Putin are set to attend the summit from Tuesday. President Cyril Ramaphosa has confirmed South Africa’s readiness to host the BRICS nations – Brazil, Russia, India, China, and South Africa. It will be the first BRICS Summit to be hosted in person since the emergence of the COVID-19 pandemic and the subsequent global restrictions. Pandor says SA has a…

Para, Brazil – In Brazil’s Para region, more than 800 Indigenous families could be forced to relocate as a Canadian mining company prepares to build a massive open-pit gold mine, activists warn. The project would cover more than 2,400 hectares (5,930 acres) in one of the most gold-rich areas of the Amazon. The region is home to the Juruna, Arara, Xipaya and Xikrin peoples, along with many other riverine communities that cultivate small-scale farms and fisheries on the banks of the Volta Grande stretch of the Xingu River. “The guaranteed right to our territory is at risk,” Lorena Curuaia, a leader of the Curuaia Indigenous people,…

Sterlite Power on Thursday announced commissioning of its sixth transmission project in Brazil built with an investment of Rs 1,600 crore. The project, Marituba involved developing a 344-km 500kV transmission corridor connecting Brazil’s largest hydropower plant at Tucurui to the metropolitan region of Belem to deliver up to 1000 MW of green energy, a company statement said. Since its foray in Brazil in 2017, Sterlite Power has built a significant footprint in the country, acquiring 13 projects through greenfield global auction process. Currently, the company has a strong portfolio of 8 power transmission projects, of which it has developed six, spanning approximately 2000 kilometre of transmission lines…

Taiwan and Japan are seeking a closer security relationship. Many of the building blocks of such are manifest: people-to-people relations, political continuity, and geo-strategic concerns. However, the absence of formal diplomatic relations impedes closer military cooperation. The lack of military preparedness exhibited by Taiwan and Japan renders the US role as imperative. Despite the fact that Taiwan was a Japanese colony from 1895 to 1945, the relationship between the two countries has always been amicable. Japanese rule in Taiwan was characterized by the building of harbors, dams, railroads, and other infrastructure projects. Japanese feel comfortable visiting Taiwan, where they are…