Brazil

2023 - 3 - 10

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Image courtesy of "Reuters"

Deforestation in Brazil's Amazon up in February (Reuters)

President Luiz Inacio Lula da Silva took office on Jan. 1, pledging to end illegal logging after years of surging deforestation under his predecessor Jair ...

"They are deforesting even in the rainy season. Register for free to Reuters and know the full story SAO PAULO, March 10 (Reuters) - Deforestation in Brazil's Amazon rainforest rose in February to the highest level on record for the month, preliminary official data showed on Friday, highlighting challenges the new government faces to stop the destruction.

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BRICS bank NDB to change its Brazilian head at government's request (Reuters)

Brazil holds the rotating presidency of the NDB until July 6, 2025. NDB said the bank's current president, Marcos Troyjo, would step down by March 24 and the ...

Lula is including Rousseff in his delegation to visit China at the end of March. Register for free to Reuters and know the full story Brazil holds the rotating presidency of the NDB until July 6, 2025.

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Image courtesy of "The Guardian"

Record deforestation in Brazil's Amazon rainforest shows challenge ... (The Guardian)

Satellites show record destruction for the month of February as new government tries to undo damage wreaked under Bolsonaro.

For this reason, analysts had cautioned against celebrating a drop in deforestation in January. [told reporters](https://noticias.uol.com.br/politica/ultimas-noticias/2023/02/27/aumento-desmatamento-especie-de-revanche-diz-marina-silva.htm) last month that loggers were working even during the Amazon’s rainy season as a “sort of revenge” against the current government’s crackdown. [Indigenous expert Bruno Pereira](https://www.theguardian.com/world/2022/jul/06/bruno-pereira-obituary) and [British journalist Dom Phillips](https://www.theguardian.com/world/2022/jun/24/dom-phillips-obituary). [the environment ministry once again led by the environmentalist Marina Silva](https://www.theguardian.com/world/2022/dec/29/brazils-president-lula-picks-staunch-amazon-defenders-for-ministry), who oversaw a sharp drop in deforestation in the same role during Lula’s first term in office, the government has reactivated the Amazon Fund, a key tool for preservation, and recreated a civil society council on the environment – both abandoned under Bolsonaro. [Amazon rainforest](https://www.theguardian.com/environment/amazon-rainforest) were destroyed in February, a 62% increase on last year and the highest number for the month since records began. [Luiz Inácio Lula da Silva](https://www.theguardian.com/world/luiz-inacio-lula-da-silva), as it tries to undo the environmental destruction wreaked under the far-right former president Jair Bolsonaro.

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Image courtesy of "Anadolu Agency"

Brazil's annual consumer inflation slows to 5.6% in February (Anadolu Agency)

Consumer price index, however, monthly 0.84%, significantly up from 0.53% in January - Anadolu Agency.

[Anadolu Agency website contains only a portion of the news stories offered to subscribers in the AA News Broadcasting System (HAS), and in summarized form. While the market estimates for the monthly figure were to show an increase of 0.80% in February, it is significantly up from a gain of 0.53% in January. On a monthly basis, the consumer price index increased by 0.84%, the Brazilian Institute of Geography and Statistics (IBGE) said in a statement.

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Image courtesy of "RTE.ie"

Record deforestation in Brazilian Amazon in February (RTE.ie)

Deforestation in the Brazilian Amazon and fragile Cerrado savanna hit record highs in February, according to government figures released this morning, ...

In the Cerrado, a biodiverse tropical savanna to the south of the Amazon, satellites identified 558sq/km of destruction, up 99% from February 2022 and nearly double the previous record of 283sq/km, from February 2020. The numbers did not come as a surprise: Amazon deforestation had already broken the record for February just 17 days into the month. Deforestation in the Brazilian Amazon and fragile Cerrado savanna hit record highs in February, according to government figures released this morning, showing the challenges President Luiz Inacio Lula da Silva faces to reverse surging environmental destruction.

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Image courtesy of "Aljazeera.com"

Brazil's Amazon deforestation again hits record high for February (Aljazeera.com)

Spike underscores challenge new President Luiz Inacio Lula da Silva faces to reverse years of environmental destruction.

[heartening data](/news/2023/2/10/brazil-amazon-deforestation-drops-in-lulas-first-month-in-office) from January – Lula’s first month in office – showed Amazon deforestation in Brazil had fallen by 61 percent compared with the previous year. [high-profile appearance](/news/2022/11/16/at-cop27-brazils-lula-vows-halt-to-rampant-deforestation#:~:text=Meanwhile%2C%20the%20deforested%20area%20in,track%20to%20surpass%20last%20year's.&text=Al%20Jazeera%20is%20funded%20in,part%20by%20the%20Qatari%20government.) at the United Nations COP27 climate summit in Egypt, pledging to reassert Brazil’s place as an environmental protector and get Amazon deforestation down to zero. In the Cerrado, a biodiverse tropical savanna to the south of the Amazon, satellites identified 558sq km (215sq miles) of destruction.

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Image courtesy of "Crisis24"

Healthcare professionals to protest in several cities in Brazil March ... (Crisis24)

Curitiba: Protest at Praca Rui Barbosa from 15:00. Joao Pessoa: March along Avenida Presidente Epitacio Pessoa from 16:00. Recife: March to Palacio do Campo das ...

Heed the instructions of the authorities. Protesters may also march to government buildings near demonstration sites in the coming hours. Avoid the announced protests and leave the area at the first sign of a security disturbance.

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Image courtesy of "MercoPress"

Scioli asks Brazil to bring down barriers and even up the trade balance (MercoPress)

Buenos Aires' Ambassador to Brazil Daniel Scioli Thursday asked the local administration of President Luiz Inácio Lula Da Silva to even up the trade balance ...

Scioli also underlined that Brazilian authorities usually imposed hefty fined fines due to formal errors in the certificates of origin of Argentine exports, among other hindrances to more fluid commerce. by the Central Bank to control inflation were a cause for the setback. Scioli also brought up the case of digital products.

Brazil's Ambipar sets lower debt as 2023 priority (Yahoo Finance)

Brazilian environmental management firm Ambipar has set debt reduction as its top priority for 2023, an executive said on Thursday, as it "takes the foot ...

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Image courtesy of "Nasdaq"

Consumer prices in Brazil rise 0.84 pct in February (Nasdaq)

Consumer prices as measured by the benchmark IPCA index, rose 0.84 percent in February, above market forecasts, government statistics agency IBGE said on ...

- IPCA - Communication - Apparel

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Image courtesy of "Reuters"

Brazil's government to compensate states $5.2 billion for cut in state ... (Reuters)

Brazil's Finance Minister, Fernando Haddad, announced on Friday that the federal government will provide compensation of 26.9 billion reais ($5.2 billion) ...

Register for free to Reuters and know the full story The law already provided for federal government compensation, but there was no consensus on the amount to be transferred. BRASILIA, March 10 (Reuters) - Brazil's Finance Minister, Fernando Haddad, announced on Friday that the federal government will provide compensation of 26.9 billion reais ($5.2 billion) to states for their losses due to the reduction of the state tax ICMS.

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Image courtesy of "MercoPress"

FMs of Brazil, Paraguay highlight mutual progress (MercoPress)

Foreign Ministers Mauro Vieira and Julio Cesar Arriola Thursday underlined in a joint statement how bilateral trade and cooperation in security areas ...

Both top diplomats agreed on the importance of bilateral trade and how Brazil was the main destination for Paraguayan exports. [Login with Facebook](#) The document was released Thursday during Vieira's first official visit to Asunción, where he also met with President Mario Abdo Benítez.

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Image courtesy of "Nasdaq"

Brazil's consumer prices up 0.84% in February (Nasdaq)

Brazil's consumer prices rose slightly more than expected in February, government statistics agency IBGE said on Friday, but analysts still predict ...

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. "But we still don't see a reversal of the expected slowdown of core and service prices," she added. "The inflation picture remains benign in Brazil, and we still believe the headline rate will continue to fall during Q2 thanks to the lagged effect of tight monetary policy, struggling domestic demand, stabilizing commodity prices, and benign weather and supply conditions," said Pantheon Macroeconomics' chief Latin America economist Andres Abadia.

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Image courtesy of "Mongabay.com"

Most of 'top ten' hotspots for jaguar conservation are in Brazil's ... (Mongabay.com)

Brazil is home to half of the world's jaguars, and a group of researchers has identified the highest-priority protected areas in the Brazilian Amazon for jaguar ...

If you want to post a public comment, you can do that at the bottom of the page. A group of researchers has now identified the highest-priority protected areas in the Brazilian Amazon for jaguar conservation. Connectivity could be a lifeline to the populations of these cats living outside the world’s largest rainforest. Brazil’s new president, Luiz Inácio Lula da Silva, took office at the start of this year with a promise to halt deforestation and restore degraded lands. Jaguars are territorial and need a lot of space to roam and hunt. “Jaguars can be protected through a mosaic approach, working within protected areas, and along with local communities, indigenous territories, and governments … Oryx, 52(2), 300-315. (2018). The smallest population is Marãiwatsédé, an area nearly one-sixtieth the size of the Yanomami territory, with an estimated 16 jaguars. Brazil is home to half of the world’s jaguars. Jaguars are the third-largest cat, behind only tigers and lions, but have a more powerful bite that can crunch through a tortoise shell. These threats include habitat loss, fragmentation, killings, roadkill, mining, and fires.

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Image courtesy of "Miami Herald"

Biden seeks to woo Brazil's Lula with trade cooperation amid ... (Miami Herald)

The recent visit of the U.S. Trade Representative to Brazil highlights Biden administration efforts to develop a relationship with President Luiz Inacio ...

In my trade conversations in Brasília, we very much talked about the pressures on the world economy that both of us are grappling with as the result of the Russian invasion of Ukraine: the energy supply pressures and also the food security challenges that the rest of the world has. President Lula, for instance, has a mandate, in terms of dealing with the economy, to be sustainable, inclusive and resilient, so that’s part of the alignment that we see between Biden and Lula’s administrations. We are both agricultural production powerhouses; there should be solutions to the issue of the fertilizers and food trade that we could work together. And you have seen in our economic numbers a lot of growth precisely in that vein. What is the administration offering that would make Brazil and other countries in Latin America less likely to trade with China and Russia? You are right that the Biden administration’s economic policies are focused on what President Biden described as building our economy from the bottom up and middle out in contrast to the top-down, trickle-down approach. The most concrete outcome of this first set of meetings is that my Brazilian minister counterpart [Vice President and Minister of Development, Industry, Foreign Trade and Services Geraldo Alckmin] has agreed to reconvene under the Agreement on Trade and Economic Partnership (ATEC), an agreement between the United States and Brazil. Many observers point to the fact that despite this partnership and the emphasis on improving labor rights, environmental protections and other areas of common interest like the reform of the World Trade Organization, Biden’s economic policies mostly look inward. The reception I received was so warm and enthusiastic that I am really delighted and I think there will be a lot that we can do. I went to test out the theory that this is a good moment of opportunity for the United States and Brazil, especially just weeks after President Lula’s visit to Washington, D.C. But he was charged with corruption and sentenced to nine years in prison in 2017, for which he served almost two years until a Supreme Court judge annulled the sentence. Trade Representative Katherine Tai told the Miami Herald and el Nuevo Herald in an exclusive interview Friday following her trip to Brazil this week.

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Image courtesy of "Anadolu Agency"

Record deforestation in Brazil's Amazon for February: Agency (Anadolu Agency)

Brazil's National Space Agency data shows 62% increase compared to February 2022 - Anadolu Agency.

[Anadolu Agency website contains only a portion of the news stories offered to subscribers in the AA News Broadcasting System (HAS), and in summarized form. In the Cerrado, deforestation hit 558 square kilometers in February, an increase of 98% compared to February 2022, as 282 square kilometers were deforested. The data shows 322 square kilometers (79,568 acres) of the jungle was deforested in February, according to the DETER System by INPE.

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Image courtesy of "MarketWatch"

Brazil Consumer Prices Rose 0.84% in February on Education ... (MarketWatch)

By Jeffrey T. Lewis SAO PAULO--Brazil's inflation accelerated in February from January due to higher energy costs and an annual increase in school prices.

In January, prices rose 0.53% from December and 5.77% from a year earlier. The return of state taxes on electric bills, after they were suspended last year, also pushed housing prices higher in the months, according to economists at Barclays. Prices rose 5.60% from a year earlier.

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Image courtesy of "Al Mayadeen English"

Lula battling Bolsonaro-era record deforestation in Brazil's Amazon (Al Mayadeen English)

Satellites revealed record destruction in February as the administration of Luiz Inacio Lula da Silva exerts strained efforts to restore the extensive ...

[decline in deforestation](https://english.almayadeen.net/news/environment/deforestation-in-brazils-amazon-falls-in-lulas-1st-month-in) in January. [Bolsonaro blamed for Amazon murder](https://english.almayadeen.net/news/politics/bolsonaro-blamed-for-amazon-murder) [Bruno Pereira and British journalist Dom Phillips](https://english.almayadeen.net/news/politics/illegal-fishing-trafficker-ordered-amazon-expert-and-journal). [Lula da Silva's](https://english.almayadeen.net/news/politics/lula-accuses-bolsonaro-of-preparing-january-8-attempted-coup) administration as it attempts to undo the environmental harm wrought by far-right former President Jair [Bolsonaro](https://english.almayadeen.net/news/environment/brazilian-amazon-deforestation-up-60-increase-under-bolsonar). [Amazon rainforest](https://english.almayadeen.net/news/environment/867690/save-the-amazon-stop-deforestation) were destroyed in February, a 62% increase over the previous year and the largest monthly total since records began. Deforestation in Brazil's Amazon rainforest reached a record high in February, illustrating the magnitude of the problem facing Luiz Inacio

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Image courtesy of "Anadolu Agency"

Record deforestation in Brazil's Amazon for February: Agency (Anadolu Agency)

The data shows 322 square kilometers (79,568 acres) of the jungle was deforested in February, according to the DETER System by INPE. The figure reveals a 62% ...

[Anadolu Agency website contains only a portion of the news stories offered to subscribers in the AA News Broadcasting System (HAS), and in summarized form. In the Cerrado, deforestation hit 558 square kilometers in February, an increase of 98% compared to February 2022, as 282 square kilometers were deforested. The data shows 322 square kilometers (79,568 acres) of the jungle was deforested in February, according to the DETER System by INPE.

Will Brazil's Oil Production Growth Stall Under Lula? (Yahoo Finance)

Petrobras investors remain apprehensive of the interventionist actions of Lula's new government, but how bad will the actual reforms prove to be for the ...

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