Brazil

Brazil
Thursday, December 18th 2014 - 21:00 UTC

Brazil's trade balance to benefit from oil price drop

Brazil's Central Bank President Alexandre Tombini sees the good part of oil price fall.

Central Bank President Alexandre Tombini sees the bright side of the international trend that is causing many others a headache, because the country is a net petroleum importer.

Wednesday, December 17th 2014 - 13:19 UTC

Brazilian economy remains flat with similar forecast for 2015

Private sector analysts surveyed by the Brazilian Central Bank on a weekly basis, cut their growth forecasts for this year and next year.

Brazil's economy contracted 0.26% in October, ending a three-month growth streak and coming in below analysts' expectations of a 0.30% expansion, reported the Central Bank.

Wednesday, December 17th 2014 - 02:52 UTC

RIO GAMES 2016 Mascots named after girl from Ipanema Musicians

Vinicius and Tom, mascots of the Rio de Janeiro 2016 Olympic and Paralympic Games.

“Vinicius” De Moraes and Antonio Carlos “Tom” Jobim extend bossa nova influence to Olympìc and Paralympic Games symbols respectively.

Wednesday, December 17th 2014 - 00:53 UTC

Brazil's real sinks against US dollar to lowest rate in 10 years

Brazil's currency slips to 2.76 against 1 US dollar

The currency closed at R$ 2.76 per US$ 1 dollar. Domestic politics, international oil prices, US Fed measures and Russian ruble drop to blame.

Tuesday, December 16th 2014 - 22:35 UTC

Antibiotic-proof bug detected in Rio's Olympic waters

Rio de Janeiro to host sailing Olympic Games in polluted waters.

Scientists at the Instituto Oswaldo Cruz find enzyme-producing bacteria that requires bolder therapeutic measures. Flamengo beach unfit for swimming.

Saturday, December 13th 2014 - 04:37 UTC

Brazil confident since pre-salt oil is profitable 'even at 60 dollars a barrel'

“I don't know of any pre-salt project that cannot resist the 70 dollar or even the 60 dollar mark” said Ms Chambriard

The head of Brazil's National Petroleum Agency, Magda Chambriard said that the country's oil production projects remain 'robust' even as international prices for crude continue to tumble. She underlined that the pre-salt projects of Brazil along ist coast resist prices as low as 60 dollars a barrel.

Friday, December 12th 2014 - 21:07 UTC

US/UK trained Brazil military in torture techniques; British were particularly sophisticated

The CNV says United States trained more than 300 military officers from Brazil at the notorious 'School of the Americas'

Officials from the United States and the United Kingdom spent years teaching members of the Brazilian military how to develop and improve their torture techniques during the country’s two-decade long dictatorship (1964/1985), it was confirmed this week by the National Truth Commission, CNV, report.

Friday, December 12th 2014 - 07:06 UTC

Brazil hikes soybean harvest estimate by 5.3m to 95.8 million tons

Total plantings were estimated at 31.7m hectares, some 370,000 hectares above the mid-point of the range that Conab had estimated

Brazil's commodities bureau, Conab hiked by 5.3 million tons to 95.8 million tons its forecast for the country's soybean crop, reversing the negative trend in harvest forecasts, citing the benefit from rains in some southern areas. The previous estimate for the crop to be harvested early next year was 90.5m tons.

Friday, December 12th 2014 - 06:37 UTC

Miss Bumbum Indianara wants to give respect to the contest by recovering her 'virginity'

Indianara Carvalho, 22, won the bottom beauty contest Miss Bumbum 2014, beating favorite Claudia Alende, also known as the Brazilian 'Megan Fox'

A blonde Brazilian model who shot to fame after she won Miss Bumbum 2014 just as the Kim Kardashian pictures put big backsides back in fashion has had surgery to return her to being a virgin so she can once again enjoy her first time with “someone special”.

Friday, December 12th 2014 - 06:16 UTC

Financial aid from Brazilian government for scandal-hit Petrobras

Petrobras plans to invest some 220 billion dollars over the next five years to develop offshore oil fields, but capital markets could be put off by the scandal

Brazil's government is wrapping up a financing plan for Petrobras aimed at ensuring the scandal-hit state-controlled oil giant can obtain the funding it needs for its massive investment program.

Advertisement

Get Email News Reports!

Get our news right on your inbox.
Subscribe Now!

Advertisement