Brazil

Brazil
Wednesday, October 15th 2014 - 23:32 UTC

Petrobras sets a new oil and gas production record during September

Pre-salt output reached 532,000 bpd and 618,000 barrels on September 18th, setting a new record for daily exploration in that reserve

Petrobras announced a new oil output record in Brazil, during September with an average of 2.23 million barrels of oil per day (bpd) production in the country, including in this total the fields operated by the state-owned company for its partners. The volume is 0.3% higher than breaks August record.

Wednesday, October 15th 2014 - 08:53 UTC

Chile convinced of the Mercosur/Pacific Alliance 'convergence' led by Brazil

“Convergence in diversity”, argued Rebolledo who is participating in bilateral trade and economic affairs meeting between Chile and Brazil

Chile is confident that in coming months there will be 'significant' advances in a convergence of the Pacific Alliance and Mercosur, said Andres Rebolledo, Chile's Deputy Trade minister during a visit to Brazil.

Tuesday, October 14th 2014 - 11:54 UTC

First BMW rolls out from Brazilian plant; annual production goal: 30.000

The first car to roll off the assembly line in Araquari is a 328i ActiveFlex. It is specifically designed for the flexible use of either ethanol or petrol

Germany's BMW Group celebrated last week the first car to be assembled in its new Brazilian automobile plant in Araquari, Santa Catarina State, where over the course of the next few years, more than 200 million Euros will be invested in the plant, resulting in a production capacity of more than 30,000 vehicles annually.

Monday, October 13th 2014 - 06:38 UTC

Environmentalist Marina Silva “will vote and support” Aecio Neves

Silva demanded certain policy commitments from Neves including land reform measures and better protections for indigenous communities

Business-friendly opposition candidate Aecio Neves received a crucial boost in Brazil's presidential election race on Sunday with the endorsement of popular environmentalist Marina Silva two weeks before his runoff against incumbent Dilma Rousseff.

Monday, October 13th 2014 - 00:20 UTC

Neves pledges a deep reform of Mercosur and opening to the world, if he wins

Trade expert Rubens said Neves will propose reforms and will not accept Mercosur members ignoring rules or regulations

Deep reforms and opening Mercosur to the world will be proposed by opposition candidate Aecio Neves to the other full members, if finally he is elected to lead Brazil in the 26 October runoff against president Dilma Rousseff, said Rubens Barbosa a trade expert, former ambassador in the US and currently coordinator of the opposition government program.

Saturday, October 11th 2014 - 06:04 UTC

Brazil testing patient suspected of Ebola infection; another 64 in quarantine

“All of the steps called for by protocol were effectively and very successfully carried out,” said Brazilian Health minister

Brazilian Health Minister Arthur Chioro said on Friday the results of tests on a patient suspected of Ebola infection would take 24 hours. At a press conference in Brasilia, the minister assured the situation was under control and that proper precautions had been taken to isolate the patient.

Friday, October 10th 2014 - 05:18 UTC

Rousseff and Neves in 'statistical tie' according to the latest opinion polls

Excluding undecided voters, spoiled and blank votes, the polls showed Neves would win the runoff by 51% of valid votes against 49% for Rousseff

Pro-business candidate Aecio Neves has a slight lead of 2 percentage points over President Dilma Rousseff ahead of the October 26 runoff in Brazil's presidential elections, according to two new polls released on Thursday.

Thursday, October 9th 2014 - 08:28 UTC

Brazil's Socialist party announces support for Neves on 26 October runoff

“I have become the candidate of change,” Neves said at the PSB's headquarters in Brasilia, where he paid homage to the party's late leader Campos.

The political party that launched environmentalist Marina Silva's unsuccessful presidential bid has thrown its support behind pro-business candidate Aecio Neves for Brazil's Oct. 26 runoff vote against populist President Dilma Rousseff.

Thursday, October 9th 2014 - 08:14 UTC

A blow for Dilma: Brazil's September inflation at its highest in three years

Food prices rose 0.78% after declining for three months in a row. Meat prices rose sharply after Russia stepped up imports of beef, chicken and pork.

Brazil's annual inflation rate in September rose way above the official target to the highest in nearly three years, giving fresh ammunition to opposition candidate Aecio Neves in a run-off vote later this month against President Dilma Rousseff.

Wednesday, October 8th 2014 - 08:38 UTC

Brazilian pollsters missed percentages but 'confirmed tendencies'

The main pollster anticipated 46% for Dilma, 27% for Neves and 24% for Marina; final results were: 41.5%; 33.35% and 21%

Although pollsters in Brazil got it right with President Dilma Rousseff victory and the growth tendency of runner up Aecio Neves in the last days leading to Sunday's presidential election, they failed dismally in percentage estimates.

Advertisement

Get Email News Reports!

Get our news right on your inbox.
Subscribe Now!

Advertisement