Brazil

Brazil
Wednesday, September 1st 2010 - 02:48 UTC

Lifting Mercosur out of its “institutional paralysis”, Rousseff’s main challenge

Brazilian Foreign Affairs minister, Celso Amorim wouldn’t mind staying on the job

Consolidating South American integration would be the main foreign policy priority of the Brazilian ruling party presidential candidate Dilma Rousseff if public opinion polls are confirmed at the ballot box next October 3 and she emerges as the successor of Lula da Silva.

Monday, August 30th 2010 - 19:28 UTC

Brazil preparing to act against the strong appreciation of its currency

Jobim and Mantega addressed the same issue from different angles

Brazilian Finance Minister Guido Mantega said foreign-based companies operating in Brazil should consider sending some profits home as the exchange rate is unlikely to remain as favorable as it is now.

Monday, August 30th 2010 - 07:03 UTC

Serra in disarray “campaigns” for Lula da Silva’s protégé Dilma

Lula da Silva’s charisma is more than sufficient to have Ms Rousseff elected

While the Brazilian ruling coalition presidential candidate Dilma Rousseff consolidates her lead in opinion polls and is almost certain to win in the first round October 3, her main rival Jose Serra’s campaign seems to have fallen in disarray.

Saturday, August 28th 2010 - 07:18 UTC

Brazilian Supreme Court lifts ban on political candidates and parties satire

Last Sunday comedians and comics took to the streets to protest the 1997 law

Brazil's Supreme Court suspended starting Friday the rule banning radio and television comedians and programs from producing political satire about parties and their candidates in the October election.

Saturday, August 28th 2010 - 06:41 UTC

Bank of Brasil targets US, Chile, Peru, Uruguay and Colombia to expand

The bank already has branches in New York, Miami and Washington

Bank of Brasil, Latin America’s biggest bank by assets plans the acquisition of banks in Chile and the United States and is holding negotiations to further expand in Peru, Colombia and Uruguay, said Aldemir Bendine the bank’s CEO.

Friday, August 27th 2010 - 07:54 UTC

Dilma Rousseff forecasted to take “bold actions” including budget cuts

With only five weeks left Lula da Silva’s nominated political heir seems unbeatable

As public opinion polls confirm the growing commanding gap between Brazil’s ruling coalition presidential candidate Dilma Rousseff and her main contender Jose Serra, analysts have begun to ponder on her policies.

Friday, August 27th 2010 - 07:33 UTC

Lula da Silva signs contract for controversial dam in the Amazon basin

“Belo Monte” or “Belo Monster”, it will the world’s third largest hydroelectric complex

Brazilian President Lula da Silva signed Thursday the contracts for the Norte Energia consortium to start construction of a controversial hydroelectric dam in the Amazon basin.

Thursday, August 26th 2010 - 03:17 UTC

Lula da Silva warns Brazil is falling back in 2014 World Cup infrastructure

Sao Paulo’s Morumbi stadium at the heart of the controversy

Brazil’s president Lula da Silva cautioned preparations for the 2014 World Cup could be jeopardized if government officials and businessmen fail to work together in the coming years.

Thursday, August 26th 2010 - 03:04 UTC

Brazil forecasted to harvest smallest orange crop in eight years

Extreme climate conditions have made orange juice futures soar 42% in the last twelve months

Orange growers in Brazil, the world’s biggest producer, will harvest the smallest crop in at least eight years after rains hindered flowering, said Margarete Boteon, a University of Sao Paulo researcher.

Tuesday, August 24th 2010 - 03:25 UTC

Big business convinced Ms Rousseff is Brazil’s next president

The opposition main candidate Serra has been unable to counter Lula da Silva’s drive

Campaign funds in support of the Brazilian ruling coalition presidential candidate Dilma Rousseff more than double those of her main adversary, according to a report published Monday by Folha de Sao Paulo.

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