Brazil

Brazil
Saturday, November 28th 2009 - 05:15 UTC

Brazil still recovering from major outage, suffers blackout in Olympic city Rio

Power outages threaten Brazil’s reputation

Brazil has endured another major blackout and officials remain unclear what is causing the problem. Higher-scale Rio de Janeiro beach neighbourhood earlier in the week suffered an outage forcing employees to be sent home as restaurants and other businesses disposed of spoiled food.

Friday, November 27th 2009 - 11:39 UTC

Amazon region call on rich nations to fund preservation of forests

Lula da Silva and Sarkozy at the same table talk in the name of the poor

Nine nations in the Amazon region have called on rich countries to provide poorer nations with the funds to preserve forests. The nations, meeting in Manaus, Brazil, also discussed supporting a 40% reduction in global emissions by 2020.

Friday, November 27th 2009 - 11:36 UTC

Brazil and the US confirm differences over Honduras Sunday elections

Amorim was over an hour on the phone with Hillary Clinton.

Brazil’s Minister of Foreign Affairs Celso Amorim reaffirmed on Thursday divergences with the United States regarding the political crisis in Honduras before the opening of the Amazon basin countries and France Summit on climate change in Manaus, Brazil.

Friday, November 27th 2009 - 08:47 UTC

Full support for Brazilian incumbent presidential pre-candidate

Dilma Rousseff hopes to drop her wig quite soon.

Brazilian cabinet chief Dilma Rousseff, and presidential hopeful for next year’s election, said that very soon she would no longer need to use a wig, forced on her since she had to undergo chemotherapy treatment.

Friday, November 27th 2009 - 08:40 UTC

Volkswagen plans to invest 3.5 billion USD in next five years

The German car manufacturer is second to FIAT in the Brazilian market

Volkswagen do Brasil said Thursday it will invest the equivalent of 3.5 billion US dollars in Brazil between 2010 and 2014 in an attempt to overtake Fiat as the country's number one car and truck retailer.

Friday, November 27th 2009 - 05:14 UTC

Brazilian Senate further delays vote on Mercosur incorporation of Venezuela

President Chavez calls “to prepare for war”, froze Senators intentions

Former Brazilian president and head of the Senate Jose Sarney said that the upper house has no interest “for the moment” in casting a vote on the Protocol papers for the incorporation of Venezuela as the fifth full member of Mercosur.

Thursday, November 26th 2009 - 13:34 UTC

Obama and Lula da Silva have differences in crucial issues of the global agenda

The US president letter to Lula da Silva was received one day before the arrival of the Iranian leader

US president Barack Obama sent a letter to his Brazilian peer Lula da Silva explaining details of his administration’s foreign policy, related to such issues as Honduras and Iran, revealed on Wednesday the Brazilian Executive.

Wednesday, November 25th 2009 - 10:01 UTC

Brazil to scrutinize Argentine imports licences system

Brazilian exporters are furious with what they consider Argentine “manoeuvring”

Mercosur senior partners are again clashing over trade. Brazilian government announced that it will run an exhaustive study of all the non-automatic import licenses that President Lula da Silva’s administration believes cause nothing but Argentine restrictions on Brazilian products.

Wednesday, November 25th 2009 - 04:37 UTC

Brazil plans to export 168 billion USD in 2010

Deputy Trade Minister Welber Barral said the Brazilian estimate was in the framework of IMF’s global forecast

Brazil targets exports of 168 billion US dollars for 2010 (compared to 160 billion USD in 2009) announced Deputy Trade Minister Welber Barral during the opening of a foreign commerce forum in Rio do Janeiro.

Tuesday, November 24th 2009 - 13:06 UTC

Capital inflows in Brazil cause unease; G20 considers regulations

Discouraged exports and cheap imports, Nelson Barbosa’s nightmare

Brazil does not rule out new steps to slow gains in its currency, the Real, even as the government evaluates the impact of a recently imposed tax on capital inflows, Secretary of Economic Policy Nelson Barbosa said in an interview on Monday.

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