WebinarsNew
Explore Business Standard
Brazilian President Luiz Inacio Lula da Silva warned US President Donald Trump on Wednesday not to meddle in Brazil's October presidential election after Trump made his latest criticism of Brazil over judicial moves against Lula's political rivals. The remarks show the escalating tensions between Brazil and the US after the Trump administration proposed further tariffs against the South American country and recently classified two drug-trafficking groups as foreign terrorist organizations - moves that Lula opposes. Lula has frequently defended Brazil's sovereignty since Trump imposed tariffs on the country last year citing a "witch-hunt trial" against his ally, former President Jair Bolsonaro. Lula also has complained about US sanctions imposed on Supreme Court Justice Alexandre de Moraes over what the Trump administration called his politically motivated role in prosecuting Bolsonaro, who was convicted of attempting a coup to try to stay in power after losing the 2022 election to .
Adani Ports and Special Economic Zone Limited (APSEZ), through its subsidiary Adani Gangavaram Port Ltd, has signed a strategic Memorandum of Understanding with NMDC Ltd and Vale SA to develop an integrated iron ore blending facility and dedicated Special Economic Zone (SEZ) at Gangavaram Port. The MoU was signed at the India-Brazil Business Forum Summit in New Delhi during the official visit of Brazilian President Luiz Inacio Lula da Silva, the company said in a statement. Under the agreement, the three parties will jointly develop, operationalise and manage an SEZ-based ecosystem for blending, value addition and commercialisation of iron ore. The initiative is aimed at strengthening the iron ore export value chain on India's East Coast by improving efficiency, scale and global competitiveness in mineral processing and trade. With the proposed development, the capacity of Gangavaram Port is expected to increase to 75 million tonnes, positioning it as a major export hub for iron ore
Brazilian President Luiz Inacio Lula da Silva on Thursday said his country advocates governance which ensures that artificial intelligence (AI) strengthens democracy, social cohesion and sovereignty of nations. In his address at the Leaders' Plenary Session at the AI Impact Summit here, he also asserted that putting human beings at the "centre of our decisions is an urgent task". Earlier, Prime Minister Narendra Modi inaugurated the summit and unveiled the 'MANAV' vision for a human-centric approach and use of AI with a strong accent on sovereignty and inclusivity. The inaugural ceremony saw the presence of several heads of state, including President Lula, French President Emmanuel Macron, many global AI leaders, academicians and researchers, heads of many tech giants and philanthropists, among others. At the Leaders' Plenary Session, the Brazilian president delivered an address in Portuguese. He also posted excerpts from his speech in a series of posts in Portuguese on X along wi
India and Brazil on Tuesday set a target of nearly doubling the bilateral trade to USD 20 billion in annual trade in the next five years and inked six agreements to expand cooperation in a range of sectors including energy and agriculture following talks between Prime Minister Narendra Modi and Brazilian President Luiz Inacio Lula da Silva. The two leaders also deliberated on combating terrorism with Modi saying both sides were clear that there is no place for double standards on terrorism. "We have a similar thinking on the fight against terrorism -- zero tolerance and zero double standards. We are clear that there is no place for double standards on terrorism," the prime minister said in his media statement. "We strongly oppose terrorism and those who support terrorism," he added. Modi travelled to Brasilia on Monday evening after attending the two-day BRICS summit in this seaside Brazilian city of Rio de Janeiro. "We want India-Brazil relations to be as colourful as carnival,