Brazil

Brazil
Thursday, January 28th 2010 - 05:59 UTC

Lula da Silva thinking of a banker for the October presidential ticket

Henrique Meirelles, the influential Central Bank president considered one of the architects of Brazil’s current stability

Brazilian president Lula da Silva is considering supporting a renowned banker such as Central Bank governor Henrique Meirelles, to complete his Workers Party ticket for next October’s presidential election which is expected to be headed by cabinet chief Dilma Rousseff, according to press reports in Sal Paulo.

Thursday, January 28th 2010 - 05:33 UTC

Brazil signs agreement to purchase 10 billion USD in IMF notes

This is the first time ever Brazil becomes an IMF creditor

The Brazilian government and the International Monetary Fund signed a technical agreement under which Brazil will buy up to 10 billion USD in IMF notes over the next two years.

Wednesday, January 27th 2010 - 14:32 UTC

Brazilian ruling coalition fears division among left wing voters

Dilma Rousseff feeling the pressure of being a presidential hopeful

Brazil’ ruling Workers Party presidential hopeful Dilma Rousseff admitted that there was concern over the impact of a divided left ahead for the coming October presidential election, as happened in Chile where the conservative Coalition for Change defeated the ruling Concertacion in office for two decades.

Tuesday, January 26th 2010 - 13:26 UTC

Over five million Brazilians learning Spanish: the goal 41 million

Cervantes Institute director, Carmen Caffarel

Over five million Brazilians are learning Spanish, according to the latest edition from Spain’s Cervantes Institute, “2009 Memory: Spanish language in the world”. This compares favourably with the one million registered in 2006, and covers the different levels of education in Brazil from primary school to university.

Monday, January 25th 2010 - 14:44 UTC

Lula da Silva’s closest advisor denies a repeat of Chilean scenario in Brazil

Marco Aurelio García his master’s voice, not always

President Lula da Silva’s main advisor in international affairs Marco Aurelio Garcia brushed aside the idea that Brazil could repeat a scenario like that of Chile in the last elections, when the opposition defeated the ruling coalition.

Monday, January 25th 2010 - 14:35 UTC

Brazil hands to Argentina Colonel accused of human rights abuses

Brazil has extradited to Argentina a retired Uruguayan army colonel to face charges of human rights abuses dating back to military rule in the Southern cone countries during the 1970s.

Saturday, January 23rd 2010 - 15:52 UTC

Lula da Silva calls for unity and warns followers about the “Piñera factor”

Using Piñera to scare dissident Brazilian ruling coalition voters

Brazilian president Lula da Silva called on his followers not to repeat what happened in Chile where the centre-left coalition lost the recent presidential election to the conservatives for having run with two candidates.

Saturday, January 23rd 2010 - 15:13 UTC

Brazilian bank plans to enter the Mexican retail banking market

Bradesco is Brazil's No. 2 non-state bank

Brazil’s Banco Bradesco announced Friday that it plans to enter the Mexican retail banking market through the acquisition of Ibi Mexico

Thursday, January 21st 2010 - 06:46 UTC

Brazil inaugurates first commercial ethanol-fuelled power plant

The Petrobras plant works with a GE flex-fuel turbine

Brazil inaugurated this week the world’s first ethanol-fuelled power plant in the state of Minas Gerais. The flex-fuel turbine, which was converted from running solely on natural gas, began operating on December 31 and is currently in its optimization and testing phase.

Wednesday, January 20th 2010 - 12:49 UTC

Lula da Silva announces campaign to promote protégé Dilma Rousseff

Ms Rousseff, an efficient bureaucrat but lacking the president’s allure

With less that a year for presidential elections Brazilian leader Lula da Silva announced a spree of “public works inaugurations” until April, with the purpose of promoting the candidacy of his cabinet chief Dilma Rousseff.

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