Brazil

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.

Tuesday, November 24th 2009 - 12:59 UTC

Ford plans its largest ever investment in Brazil: 2.3 billion USD

The five-year plan includes boosting the capacity of the Camacari factory that makes the Fiesta small car

Ford Motor Co. announced it will spend 4 billion Reis (2.3 billion US dollars) to expand in the growing Brazilian market, the largest investment it has made in the country.

Tuesday, November 24th 2009 - 07:49 UTC

Lula da Silva anticipated his Uruguayan election vote: incumbent Mujica

An admirer of Lula da Silva, Mujica (L)  promises more integration with Mercosur

A leading figure from the ruling Workers Party of Brazil visited this weekend Uruguayan presidential candidate Jose “Pepe” Mujica with a message from President Lula da Silva.

Tuesday, November 24th 2009 - 02:43 UTC

Brazilian opposition questions Iranian president’s visit

Lula da Silva and Ahmadinejad: “I talk with everybody”

The main leader of the Brazilian opposition Jose Serra criticized the government of President Lula da Silva for receiving Iranian president Mahmoud Ahmadinejad and recalled that the Iranian Defence minister has been accused of the attack against the Argentine Jewish Mutual, AMIA, in 1994, in Buenos Aires.

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