Brazil
BrazilBlack population becomes the majority in Brazil
Brazil and its almost 200 million population is no longer a country of white majority. The credit now belongs to the 49.6% black or mulatto population compared to the 49.4% defined as white and this is set to increase in coming years with that percentage increasing to 54, according to a recent report from the Rio do Janeiro Federal University.
Argentina, Brazil agree to disagree …more discreetly
Argentina and Brazil confirmed on Thursday their strategic alliance particularly in the face of the current global crisis challenge and also tried to bridge their differences regarding bilateral trade and claims of protectionism.
Brazil not satisfied with IMF capitalization proposals
Brazil and other emerging economies are willing to provide additional financing to the International Monetary Fund but they are still not happy with the capitalization mechanism proposed by the institution, Finance Minister Guido Mantega said on Thursday.
Slower Brazilian economy cuts current account deficit by half
Brazil’s current account deficit dropped by half in the first quarter compared to a year ago as businesses cut imports and sent less money to parent companies abroad amid slower economic growth. According to the latest release from the Central Bank the deficit narrowed to 5 billion US dollars in the first quarter of the year compared to 10.3 billion in the same period in 2008.
Brazil liberates international air passenger fares
Brazil’s Civil Aviation Agency, ANAC, announced Wednesday the gradual liberation of air fares for all international flights departing from Brazil. The decision applies to all regular airlines, national or international and will be arranged according to a one year chronogram.
Creditor Brazil fights for bigger say in the IMF
Brazil is expected to push very hard to have more say in the International Monetary Fund, reflecting the importance of emerging countries. To support that greater influence Brazil has pledged to advance up to 4.5 billion US dollars to the multilateral organization.
Brazilian agriculture, world’s top consumers of pesticides
Brazil became in 2008 the world's top consumer of agriculture pesticides (ahead of the US), and continues to use a range of dangerous pesticides banned in other countries, according to a study released Friday.
Emergency credit aid for Brazil’s ailing meatpacking industry
Brazil's government will offer a ten billion Reales credit line from BNDES, the National Development Bank to support activities in agribusiness, Finance Minister Guido Mantega announced. He added the funds would go mostly to support Brazil’s ailing meatpacking sector and would be offered at an annual interest rate of 11.25%.
Brazil slashes primary budget surplus to stimulate economy
Brazil's government cut its 2009 primary budget surplus target to 2.5% of GDP from 3.8% and set a target of 3.3% of GDP for the next three years, Finance Minister Guido Mantega said on Wednesday speaking at a Congressional hearing.
Lula da Silva has the highest approval rating; Cristina K the lowest
Brazil’s President Lula da Silva and Colombia’s Alvaro Uribe with over 70% approval have the best leaders’ performances in Latinamerica while in the other extreme figure Argentina’s Cristina Kirchner and Honduras Manuel Zelaya, below 30%, according to the prestigious Mexican pollster Consulta Mitofsky.
