Brazilian President Luiz Inacio Lula da Silva said on Friday that foreign companies are welcome to do business in Brazil, speaking at the opening of a Chinese automaker’s factory in Sao Paulo state.
Lula told the ceremony for GWM’s new plant that his government is ready to work with new investors. “Count on the Brazilian government. Whoever wants to leave, leave. Whoever wants to come, we welcome you with open arms,” he said.
The president criticised the 50% tariffs on Brazilian goods imposed by U.S. President Donald Trump, calling them an “unnecessary turbulence.” He told Reuters earlier this month that he would raise the issue at the BRICS group, which includes China, to seek ways to respond.
Lula noted that automakers such as Ford and Mercedes had scaled back operations in Brazil in the past, but welcomed new arrivals like China’s GWM. He said Brazil remains open to business negotiations.
GWM’s Brazilian arm can produce 50,000 vehicles annually and is expected to create more than 2,000 jobs once exports to Latin America begin, according to the company.
Brazil’s auto exports are forecast to rise 38.4% in 2025 compared with 2024, reaching 552,000 units, the automakers association Anfavea said last week.
President Donald Trump said Indian Prime Minister Narendra Modi has agreed to halt India’s purchases of Russian oil, as the U.S. seeks to cut Moscow...
China’s largest state-owned airlines have criticised a U.S. plan to stop them flying over Russia on journeys to or from the United States, warning i...
President Donald Trump confirmed on Wednesday that he authorized the CIA to conduct covert operations in Venezuela and said he is considering strikes ...
Top U.S. officials on Wednesday criticised China’s expansion of rare earth export controls, warning it threatens global supply chains, though they s...
Britain has imposed new sanctions on Russia’s two largest oil companies, Lukoil and Rosneft, along with 51 shadow fleet tankers, in an effort to tig...
Global warming is crossing dangerous thresholds sooner than expected with the world’s coral reefs now in an almost irreversible die-off, marking what scientists on Monday described as the first “tipping point” in climate-driven ecosystem collapse.
Brazilian Supreme Court Justice Luis Roberto Barroso announced on Thursday, that he is stepping down from the court, well before his mandatory retirement in 2033.
Heads of state are due to start arriving in the Amazonian city of Belém in a month’s time for the United Nations climate summit, yet much of the infrastructure intended to welcome them remains incomplete.
Brazilian President Luiz Inacio Lula da Silva on Wednesday called on countries to remain committed to the Paris Agreement and to strengthen global efforts against climate change during his address at the United Nations Climate Summit in New York on Wednesday.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
China has voiced its readiness to enhance high-level exchanges with France during a strategic dialogue between Foreign Minister Wang Yi and Emmanuel Bonne, the French president’s diplomatic adviser, according to a statement released by the Chinese Foreign Ministry on Thursday.
President Donald Trump said Indian Prime Minister Narendra Modi has agreed to halt India’s purchases of Russian oil, as the U.S. seeks to cut Moscow’s energy revenue amid the Ukraine war.
China’s largest state-owned airlines have criticised a U.S. plan to stop them flying over Russia on journeys to or from the United States, warning it would inconvenience travellers and raise costs.
President Donald Trump confirmed on Wednesday that he authorized the CIA to conduct covert operations in Venezuela and said he is considering strikes targeting drug cartels in the region.
Top U.S. officials on Wednesday criticised China’s expansion of rare earth export controls, warning it threatens global supply chains, though they said Beijing could still reverse course to avoid U.S. retaliation.
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