12/13 Closing Prices / revised 12/12/2024 21:59 GMT |  12/12 OPEC Basket $73.36 +$0.91 cents 12/13 Mexico Basket (MME)  $66.23 +$1.02 cents   10/30 Venezuela Basket (Merey) $58.30   +$3.39 cents  12/13 NYMEX Light Sweet Crude  $71.29 +$1.27 cents | 12/13 ICE Brent  $74.44 +$1.08 cents | 12/13 Gasoline RBOB NYC Harbor  $2.0 +0.07 % | 12/13 Heating oil NY Harbor  $2.27 +0.05 % | 12/13 NYMEX Natural Gas   $3.28 -5.1% | 12/13  Active U.S. Rig Count (Oil & Gas)  589 + 7 | 12/13 USD/MXN Mexican Peso $20.1257 (data live) 12/13 EUR/USD Dollar  $1.0501 (data live) | 12/16 US/Bs. (Bolivar)  $50.33190000 (data BCV) | Source: WTRG/MSN/Bloomberg/MarketWatch/Reuters

Lula Sees Global Fatigue Over Ukraine as He Pushes for Peace – Bloomberg

  • Brazilian leader speaks after EU summit highlighted tensions
  • Lula criticizes Chile’s Boric for position against Moscow
Luiz Inacio Lula da Silva in Brussels, Belgium.Photographer: Simon Wohlfahrt/Bloomberg
Luiz Inacio Lula da Silva in Brussels, Belgium. (Simon Wohlfahrt/Bloomberg)

Ania Nussbaum, Maria Tadeo, and Joao Lima, Bloomberg News

NEW YORK/BRUSSELS/LISBON
EnergiesNet.com 07 19 2023

Brazilian President Luiz Inacio Lula da Silva said the world is tiring of Russia’s war in Ukraine as he insisted on his peace efforts after a summit with European leaders highlighted tensions over the conflict.

Lula, who has pushed to broker a deal between Russia’s Vladimir Putin and Ukraine’s Volodymyr Zelenskiy, also criticized Chile’s Gabriel Boric for his stance against Moscow.

“The world is starting to get tired. Countries are starting to get tired,” Lula told reporters in Brussels on Wednesday. “So the moment will come when there will be peace. And then there will have to be a group of countries that are able to talk to Russia and to talk to Ukraine.”

At a two-day summit of European Union, Latin American and Caribbean leaders earlier this week, the EU failed to ensure the meeting’s conclusions mentioned Russia explicitly over its invasion, or condemned Moscow. Nicaragua refused to sign. Lula has avoided singling out Moscow as the main culprit for the conflict, saying Zelenskiy and Joe Biden were also to blame for failing to negotiate more with Putin.

Read More on Brazil and Ukraine:
EU’s Latin America Charm Offensive Hits a Roadblock Over Putin

Lula Brushes Off Scholz’s Appeal to Send Arms to Kyiv

Brazil’s Foreign Minister Criticizes Russia Sanctions

Germany, Brazil Plan High-Level Meetings as Ties Strengthen

The leftist leader took Boric to task for his remarks at the summit in Brussels. Boric had urged fellow Latin American leaders to clearly condemn the war, arguing Russia had violated international law and that “today it’s Ukraine, tomorrow it could be anyone of us.”

Understand power in Washington.

Get the Bloomberg Washington Edition newsletter to find out how the worlds of money and politics intersect in the US capital, delivered daily.EmailSign UpBloomberg may send me offers and promotions.

By submitting my information, I agree to the Privacy Policy and Terms of Service.

“Possibly, the lack of habit of participating in these meetings makes a young person more eager, more rushed,” Lula said in response to a question. “We have to understand that not everyone agrees with us, not everyone is in the same rush, has the same view about something.” He added that Boric’s first EU-Latin America meeting might have prompted him to have “a little bit more anxiety than the others.”

At the summit, Lula’s reluctance to accept any strong language on Russia disappointed EU countries and strengthened Latin American nations — including Cuba and Venezuela — who had opposed a tough position, officials said. Lula was wary of upsetting Russia, according to one senior diplomat. French President Emmanuel Macron however praised him as “able to build bridges.”

Senior EU officials insisted that the final statement was a great achievement because it mentioned the “war against Ukraine” and was signed by all countries but Nicaragua, but Lula repeatedly insisted on Wednesday morning that his position had not changed.

When German Chancellor Olaf Scholz visited Latin America in January, Lula rejected his request to send ammunition to Ukraine. Brazil Foreign Minister Mauro Vieira, meeting his Russian counterpart Sergei Lavrov, said in April that economic sanctions placed on Russia are taking an unnecessary toll on nations that aren’t involved in the conflict. Brazil has refused to participate in the sanctions.

Lula said he was “very optimistic” that a trade accord with the Mercosur countries — Argentina, Brazil, Uruguay and Paraguay — would be concluded by the end of the year. Talks on the accord stretch back more than 20 years. Latin American states have balked at the EU’s Green Deal, and rules to reduce CO2 emissions that include strict conditions to gain access to the European market.

bloomberg.com 07 19 2023

Share this news


 EnergiesNet.com

About Us

 

By Elio Ohep · Launched in 1999 under Petroleumworld.com

Information & News on Latin America’s Energy, Oil, Gas,
Renewables, Climate, Technology, Politics and Social issues

Contact : editor@petroleuworld.com


CopyRight©1999-2024, Petroleumworld.com
, EnergiesNet.com™  /
Elio Ohep – All rights reserved
 

This site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission fromPetroleumworld or the copyright owner of the materia