News Snapshot:
In April, Mr. Lula traveled to China, where he received red carpet treatment, including a visit with the country’s top leader, Xi Jinping. “No one is going to prohibit Brazil from improving its relationship with China,” Mr. Lula said. Whatever interest the Chinese government had in striking a deal with Uruguay soon yielded to its focus on Brazil, a calculation grounded in basic arithmetic: Uruguay is a country of 3.4 million people, while Brazil is South America’s largest economy and home to 214 million. Yet despite the Brazilian president’s avowed interest in brokering a trade deal, prospects for an agreement...
