Brazil has endured another major blackout and officials remain unclear what is causing the problem. Higher-scale Rio de Janeiro beach neighbourhood earlier in the week suffered an outage forcing employees to be sent home as restaurants and other businesses disposed of spoiled food.
Nine nations in the Amazon region have called on rich countries to provide poorer nations with the funds to preserve forests. The nations, meeting in Manaus, Brazil, also discussed supporting a 40% reduction in global emissions by 2020.
Brazil’s Minister of Foreign Affairs Celso Amorim reaffirmed on Thursday divergences with the United States regarding the political crisis in Honduras before the opening of the Amazon basin countries and France Summit on climate change in Manaus, Brazil.
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.
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.
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.
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.
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.
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.
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.