Monday, February 8th 2010 - 02:04 UTC

Brazil’s middle class is half the population, but destitute remain at 40%

  70 million Brazilians subsist on government subsidies

The Brazilian middle class has grown sustainedly since 2003, when President Lula da Silva first took office and now represents almost half of the country’s population according to a report from the Getulio Vargas foundation released over the weekend.

Monday, February 8th 2010 - 01:52 UTC

Lula da Silva’s party fearful of “Brazilian sub-imperialism” and arrogance

Marco Aurelio Garcia, the brains behind the promised “Great Transformation”.

Brazil “sub-imperialism”, the arrogance of Brazilian businessmen and a more left wing approach for a future government of the ruling Workers Party, PT, are some of the points of the document to be considered next week at the party’s convention that must nominate the candidate for October’s presidential campaign and supposedly the heir of Lula da Silva.

Saturday, February 6th 2010 - 03:51 UTC

Argentina/Brazil set to grow 5%, helping to ease bilateral “trade relations”

Guido Mantega anticipates closer and more fluid bilateral relations

Argentina and Brazil closed Friday in Buenos Aires two days of high level negotiations which should help ease bilateral trade relations tension particularly since both countries economies are forecasted to grow at 5% during 2010.

Friday, February 5th 2010 - 02:57 UTC

Brazil’s dilemma: how to contain growth (inflation) in an electoral year

Henrique Meirelles, orthodox governor of Brazil’s Central Bank

Brazil's Central Bank Monetary Policy Committee, Copom, expressed concern about inflation and advanced it was prepared to respond “promptly” according to the minutes from its meeting last week when it decided to maintain the basic interest rate at 8.75%.

Thursday, February 4th 2010 - 17:51 UTC

Brazil finally decides to purchase Dassault Rafale fighter planes

Lula da Silva preferred the non binding French offer

Brazil has agreed on a price to buy and assemble 36 Rafale fighter jets with French manufacturer Dassault after months of negotiations, a leading Brazilian newspaper reported on Thursday.

Thursday, February 4th 2010 - 17:17 UTC

As China tries to cool economy asset bubbles fears emerge in Brazil

Nevertheless Guido Mantega remains unimpressed and enthusiastic about 2010 growth

Brazil, Latinamerica’s largest economy is feeling the consequences of China’s moves to rein in an overheated economy and global fears of asset bubbles in attractive fast developing economies. The strongest warning came this week from the Organization for Economic Cooperation and Development, OECD.

Thursday, February 4th 2010 - 14:07 UTC

Brazil’s best known writer against Blair as Olympics advisor

Coelho has sold 100 million books in 150 countries

Brazil's best-known writer, Paulo Coelho, is making it clear he doesn't want Britain's former Prime Minister Tony Blair involved in planning for the 2016 Olympics in Rio de Janeiro.

Wednesday, February 3rd 2010 - 12:20 UTC

Green light in Brazil for controversial dam in Amazon jungle

Environment minister Carlos Minc made the announcement

A controversial project to build a massive hydroelectric dam in the heart of the Amazon jungle has received the go-ahead from Brazil’s environmental protection agency, despite objections from environmentalists and indigenous people who live in the area.

Wednesday, February 3rd 2010 - 12:06 UTC

Brazil props fisheries patrolling and management with 27 vessels

Altemir Gregolin is optimistic about Brazil’s fisheries potential

Brazil’s Fisheries and Aquaculture Ministry is planning to invest the equivalent of 17 million US dollars in optimising fisheries patrolling during 2010.

Tuesday, February 2nd 2010 - 12:41 UTC

Outgoing presidents Bachelet and Lula da Silva with record support

Ms Bachelet and her counterpart Lula da Silva

Two outgoing South American presidents have reached record popularity according to the latest January public opinion polls. They are Michelle Bachelet from Chile and Brazil’s Lula da Silva, both with plus eighty percentages.


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