🇸🇷 Host thy neighbor
Lula has championed deeper integration across South America. If it comes with oil, all the better.
In this issue:
Lula welcomes his counterpart from Suriname.
A new layer of investigations into PCC money laundering.
The decline in Brazil’s print newspapers.
Brazil and Suriname seek to deepen their relationship
President Luiz Inácio Lula da Silva will host Suriname’s president, Jennifer Geerlings-Simons, in BrasÃlia on Thursday, opening a two-day state visit timed to coincide with the 50th anniversary of diplomatic ties. The pair will sign up to 12 bilateral agreements, and their meetings will include a delegation of five Surinamese ministers and a business guest list that includes Brazil’s state-controlled oil firm Petrobras. It is an unusually full schedule for such a small neighbor.
The main reason sits beneath the seabed. Suriname is bracing for an oil boom, with reserves estimated at 4 to 6 billion barrels and production expected within two years, according to Suriname’s foreign minister, Melvin Bouva.
