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 Abdelmadjid Tebboune has praised the conduct of Algeria's parliamentary elections, describing the vote as a step forward for democracy in th...
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 5th of July, covering the latest developments you need to know....
Armenia's Constitutional Court on Saturday dismissed legal challenges from opposition parties seeking to annul last month's parliamentary election res...
As Iran entered the second day of the funeral procession for the late Surpreme Leader Ayatollah Ali Khamenei, U.S. President Donald Trump said Israeli...
Scotland produced a polished seven-try performance to defeat Argentina 47-38 in a high-scoring Nations Championship opener on Saturday....
In a barbershop in Resende, in Rio de Janeiro state, Brazil, World Cup fever is going straight to fans' heads - literally. One barber is transforming hair into colourful tributes to the national team as supporters rally behind Brazil's latest bid for World Cup glory.
Morocco held their nerve to beat the Netherlands on penalties after a dramatic late equaliser, Gabriel Martinelli spared Brazil's blushes with a stoppage-time winner against Japan, while Paraguay stunned Germany in the tournament's biggest shock to reach the World Cup last 16.
Brazil and Mexico secured statement wins at the FIFA World Cup 2026 as Vinícius Jr starred in Brazil’s 3-0 victory over Scotland, while Mexico beat Czechia to finish top of Group A. South Africa also made history by reaching the knockouts for the first time.
Canada lit up their World Cup campaign with a thrilling, at times troubling night in Vancouver, while across the tournament, Mexico marched on, Scotland battled bravely in defeat, and the United States and Brazil underlined their growing intent.
The World Meteorological Organization (WMO) has raised its forecast for the rapid emergence of a strong El Niño, warning the climate pattern is likely to drive higher global temperatures and intensify extreme weather in the months ahead.
India is investigating a data breach at Tata Electronics that exposed sensitive documents linked to Apple's unreleased iPhone 18 Pro, marking the government's first public comments on the incident.
International politicians and religious leaders have paid respects to Iran's late Supreme Leader Ali Khamenei throughout the day, ahead of his six day funeral ceremony which begins on Saturday. His casket is currently on display at the Iman Khomeini Grand Mosalla in Tehran.
President Donald Trump said Iran is keen to reach a deal with the United States, claiming Washington had paused engagement to allow funeral ceremonies for late Iranian Supreme Leader Ali Khamenei.
Russia's Defence Ministry has said its forces are clearing the town of Lyman in Donetsk of Ukrainian forces, Moscow's state news agency Tass reported. Meanwhile, Russian attacks killed at least six people across three Ukrainian regions on Friday, regional officials said.
President Abdelmadjid Tebboune has praised the conduct of Algeria's parliamentary elections, describing the vote as a step forward for democracy in the North African nation.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 5th of July, covering the latest developments you need to know.
Scotland produced a polished seven-try performance to defeat Argentina 47-38 in a high-scoring Nations Championship opener on Saturday.
Governments are tightening restrictions on teenagers’ use of social media amid growing concerns over mental health, online safety and platform design, but questions remain over enforcement and whether bans can meaningfully change behaviour.
U.S. President Donald Trump has offered to help find a solution to the war in Ukraine during a 90-minute phone call with Russian President Vladimir Putin, according to the Kremlin.
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