Brazilian president Lula da Silva will be signing with his Peruvian peer Alan García next week in Lima the creation of an integrated zone in the Amazon.
Brazil has had a better performance than other countries during the current financial slowdown but it has become necessary “to closely follow so much optimism”, said Economics Nobel Prize Paul Krugman during a conference in Sao Paulo.
Brazil has threatened with trade reprisals if Argentina does not lift new restrictions to imports of Brazilian manufactured toys. Trade tensions between the two Mercosur partners and largest economies of South America have soured lately because of what Brazil considers “protectionist” measures and attitudes from Argentina.
Uruguayan president-elect Jose Mujica is scheduled to meet next Tuesday with Brazilian president Lula da Silva on the sidelines of the Mercosur summit to be held in Montevideo, according to diplomatic sources.
Brasilia runs the risk of “isolation” if it does not recognize Honduras presidential elections according to Brazilian member of Congress Raul Jungmann, the only representative from his country to be part of an observers’ international committee on Sunday’s ballot.
With his slicked-back hair, neatly trimmed, close-cropped beard, and impeccably pressed suits, Luciano Coutinho looks like any other obscure Brazilian banker.
But he is anything but an average banking man.
The world's most successful football country has delivered a fresh lifeline to England's under-fire bid to host the World Cup in 2018. Brazilian President Lula da Silva said the time was right for the tournament to come back to Britain for the first time since 1966.
Uruguay’s incumbent presidential candidate Jose “Pepe” Mujica again supported Brazilian president Lula da Silva’s administration and policies, describing as a “genius move” the decision to receive this week in Brasilia the controversial Iranian leader Mahmoud Ahmadinejad.
A possible debt default by a Dubai state-owned conglomerate is an alert signal to avoid market euphoria, Brazil central bank chief Henrique Meirelles said on Friday.
Brazil’s economy is forecasted to grow 6.1% in 2010, bolstered by rising domestic demand, increasing exports and higher investment, according to Banco Bradesco, the country’s second-largest bank by market value.