LatinNews Daily - 12 July 2022

In brief: Brazil ‘likely’ to buy diesel from Russia

*Brazil’s President Jair Bolsonaro has said his government is close to agreeing a deal to receive cheap diesel from Russia. “I’ll likely buy cheaper diesel from Russia,” the president told supporters on 11 July as he left the presidential palace in Brasilia, adding that petrol prices were also falling after most state governors agreed to reduce taxes on fuel. “Everything is going well in Brazil,” he said. High fuel prices have hurt Bolsonaro’s re-election hopes ahead of the 2 October general election. He is currently trailing in polls behind former leftist president Luiz Inácio Lula da Silva (2003-2011). Bolsonaro, who met with Russia’s President Vladimir Putin days before the outbreak of war, has refused to condemn Russia for invading Ukraine, putting him at odds with much of the international community in Latin America and in the West.

End of preview - This article contains approximately 137 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.