President Luiz Inacio Lula da Silva

October 23, 2024 6:35 PM

BRICS leaders tout joint finance, trade projects at Russian summit

Leaders of the nations in the BRICS grouping, which accounts for 37% of global economic output, predicted its influence would grow as they met in Russia on Tuesday, outlining common projects ranging from a grain exchange to a cross-border payments system. Russia's President Vladimir Putin, who has sought support from BRICS leaders amid his standoff with the West over the war in Ukraine, said that BRICS' average economic growth in 2024/25 would be 3.8%, compared to global growth of 3.2-3.3%. "T...

August 6, 2024 1:41 PM

Deforestation harms climate less than other types of Amazon degradation, study finds

Brazil's President Luiz Inacio Lula da Silva came into office in 2023 pledging to tackle deforestation in the Amazon and restore his country as a climate leader after years of intense destruction in the world's largest rainforest under predecessor Jair Bolsonaro. Lula's commitment to end deforestation by 2030 is on track with tighter enforcement helping to cut deforestation rates by more than half, according to government figures. But a new study indicates that deforestation alone accounts for ...

May 6, 2024 11:54 AM

Death toll from southern Brazil rainfall rises to 78, many still missing

The death toll from heavy rains that have caused flooding in Brazil's southern state of Rio Grande do Sul has risen to at least 78, local authorities said on Sunday, with more than 115,000 people displaced. President Luiz Inacio Lula da Silva arrived in Rio Grande do Sul on Sunday morning with most members of his cabinet to discuss rescue and reconstruction efforts with local authorities. "Bureaucracy will not stand in our way, stopping us from recovering the state's greatness," Lula said at a...