In a clear signal of the lack of qualified labour which is suffering the booming Brazilian economy, the powerful Marfrig meats’ processing group admitted it was having difficulties to fill 3.000 vacancies with competent personnel.
Brazil plans to cut funding for its state development bank by 50% in 2011 in an effort to bring down the world’s second-highest inflation-adjusted interest rates. The reduction in loans the government provides to BNDES, as the bank is known, forms part of a plan to curb public spending, Finance Minister Guido Mantega said in an interview in Brasilia.
Brazil's natural gas output reached a record 65 million cubic meters a day in October, up 9.3% from the same month in 2009, Brazil's National Petroleum Agency, or ANP, said Tuesday. The gas output was also 1.64% higher than in September, ANP said.
Brazilian president-elect Dilma Rousseff has confirmed President Lula da Silva’s international affairs special advisor Marco Aurelio García in his post, another clear signal that the incoming administration wants to continue with the “good neighbour” policy towards Latinamerica and such organizations as Mercosur and Unasur.
Brazilian government controlled oil and gas corporation Petrobras announced the discovery of a new crude deposit in the Amazon region, where the energy company already is developing large natural gas reserves.
Public Security Secretary Jose Mariano Beltrame described the police raid on the Alemao Complex, known as heart of the evil, as a success. The criminals lost not only their territory, but also a huge amount of weapons, drugs, vehicles and other possessions, he said.
Brazil Finance minister Guido Mantega is proposing a “dehydrated” inflation index with the purpose of reducing interest rates faster under the incoming administration of president-elect Dilma Rousseff, reports the influential O Estado de Sao Paulo.
Brazilian president Lula da Silva promised full support from the federal government to Rio de Janeiro authorities involved in a clean-up operation to free the city’s shanty towns, favelas, from drug traffickers and organized crime.
Brazilian President Lula da Silva announced Friday an ambitious integration program for its northern neighbor Guyana, on the sidelines of a regional presidential summit taking place in Georgetown.
Armoured personnel carriers from the Brazilian navy rolled through smoke-filled streets in Rio de Janeiro on Thursday as police battled (favelas) slum-based drug gangs for a fifth consecutive day leaving at least 30 dead and almost 200 arrested.