Brazil
BrazilZelaya’s activities in embassy triggers controversy in Brazil
The activity displayed by ousted Honduran President Manuel Zelaya from the Brazilian embassy in Tegucigalpa has triggered controversy in Brazil’s political establishment and uncertainty about diplomatic jargon such as the extent of the “refuge” condition.
Brazilian Senate president family again caught red-handed
Brazilian president Lula da Silva’s main ally in the Senate, Jose Sarney is again on the “corruption” spotlight following the release of incriminating tapes, this time involving his son Fernando Sarney.
Lula da Silva calls on international community to reinstate Zelaya
Brazilian President Lula da Silva said the international community demands the reinstatement of ousted Honduran leader Manuel Zelaya. Addressing the United Nations, Lula da Silva used the situation in Honduras as an example of where greater global political will was needed.
Chilean pulp company expands into Brazil; becomes major global player
Chile's blue-chip Ipsa index ended up 0.7% Wednesday, reaching a year high following Chilean pulp and paper products manufacturer Empresas CMPC SA expansion into Brazil, which would position the company among the five leading producers of the world.
Moody’s confirms Brazil’s investment grade Baa3
Moody's Investors Service raised Brazil's sovereign debt ratings to investment grade on Tuesday and underlined the resilience of Latinamerica's largest economy to the global financial crisis.
Brazilian incumbent presidential hopeful drops to third place
Brazilian Cabinet Chief Dilma Rousseff, President Lula da Silva’s likely choice to replace him, fell to third place in a survey of voter preferences ahead of 2010 presidential elections.
World’s biggest iron ore producer under pressure to invest in steel industry
Brazilian billionaire Eike Batista said he may be interested in acquiring a stake in the world’s biggest iron-ore producer Vale do Rio Doce, after one of the company’s shareholders said he showed “interest” in buying its stock.
Honduran de facto rulers demand Brazil hand over Zelaya
Honduras de facto leader Roberto Micheleti demanded that Brazil hand over deposed constitutional president Manuel Zelaya who is currently in the Brazilian embassy in Tegucigalpa following a dramatic secret return to the country.
Brazil’s Petrobras is the world’s eighth biggest in market value
Brazil’s government managed oil and gas company Petrobras is the world’s eighth biggest global company in market value, according to a survey carried out by Ernst & Young.
Lula da Silva denies arms race and justifies investment in defence
Brazilian president Lula da Silva denied South America had embarked in an arms race and justified purchases by Brazil, Chile, Venezuela and Colombia the four countries at the forefront of military hardware expenditure.
