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.
The Inter American Press Association IAPA praised Governor Jaques Wagner from the Brazilian state of Bahia for the enactment of legislation which provides for payment to the widow and children of journalist Manoel Leal de Oliveira murdered in 1998.
Argentina and Brazil will be meeting early February in Buenos Aires to assess how bilateral trade has been evolving and to plan the following steps to keep improving trade relations between Mercosur senior members.
Brazilian president Lula da Silva will not be participating this week at Bolivia’s Evo Morales taking office ceremony. He will be represented by his foreign affairs advisor Marco Aurelio García, according to Valor Economico, a financial publication from Sao Paulo.
Brazilian president Lula da Silva and his National Program on Human Rights which last week apparently overcame military intransigence, now faces another formidable voice in the country’s politics: the Brazilian Episcopacy, disappointed with the abortion and gay marriage proposals.
Brazil’s President Lula da Silva said that he’s not sponsoring a “witch hunt” when he proposes the creation of a Truth Commission to investigate cases of torture and killings of political prisoners during the long military dictatorship from 1964 to 1985.
Brazil could achieve social indicators similar to those of developed countries by 2016 if the country is able to maintain the same rate of extreme poverty reduction and income redistribution as recorded during the 2003/2008 period, according to an official report from the Presidential Strategic Affairs Secretariat.
Brazil’s government managed oil giant Petrobras is in talks to buy a stake in Portugal’s Galp Energia, Brazil’s Mines and Energy Minister Edison Lobao told reporters Wednesday in Brasilia.
Brazil’s Central bank president Henrique Meirelles was elected to the board of directors of the Bank for International Settlements, a further sign of the country's increasing clout in the world economy.
Brazil will boost interest rates to as high as 13% next year as policy makers become more “aggressive” to ensure the global economic recovery doesn’t fuel faster inflation, according to Bradesco Asset Management