Argentina is “a good problem” for Brazil, said President Dilma Rousseff’s Foreign policy advisor Marco Aurelio Garcia ahead of another trade dispute when Argentina begins applying a new imports’ scheme that has been equally criticized by local and Brazilian manufacturers.
Wood chip exports from Latin America are on track to reach a record high of almost eight million tons in 2011, reports the Wood Resource Quarterly. This would be an increase of 7% from last year and of almost 60% higher than in 2006.
American Airlines announced changes to its coming spring and summer schedule that will expand the airline’s presence in Brazil. Next December, American’s route between Dallas/Fort Worth (DFW) and Sao Paulo (GRU) will be operating with the new state-of-the-art Boeing 777-300ER, making Brazil the first market for the new aircraft.
Brazil’s central government exceeded its budget target for 2011 by posting a primary surplus (excluding interest payments) of 93.5 billion Reais (53.7 billion dollars) for the year.
Corn advanced heading for the biggest weekly gain in five as concerns that a renewed heat wave in Argentina and south Brazil may damage crops boosted demand for US grain. Soybeans were little changed.
Brazil issued a tourist visa to a dissident Cuban blogger a few days before President Dilma Rousseff is scheduled to travel to the Castro family island in a visit being dominated by human rights concerns.
Transpetro, a subsidiary of Brazil's state-run energy giant Petrobras, said Thursday it had detected an oil leak off the coast of Rio Grande do Sul state but did not know how much had spilled.
Amnesty International has called on the Brazilian authorities to urgently address the needs of some 1.600 families made homeless by a forced eviction in a settlement in Sao Paulo state, Brazil.
Thousands of trade unionists, students and activists for indigenous and environmental causes gathered Tuesday in the southern Brazilian city of Porto Alegre to kick off debate in the anti-capitalist World Social Forum.
Germany’s BMW Ag., the world’s largest luxury carmaker plans to build cars in the Brazilian state of Santa Catarina from 2014 reports Automobilewoche.