Brazil

Brazil
Tuesday, November 18th 2014 - 11:19 UTC

Bolivia confident Mercosur incorporation process will be ironed out at the next summit

Brazil and Bolivia are waiting for the inaugurations of Rousseff and Morales before sending the protocol for congressional approval

Bolivia trusts that at the coming Mercosur summit in Argentina it can advance in solving the “technical-legal” difficulties that are delaying the country's full membership of the trade and political group. Allegedly one of the main differences rests in neighboring Paraguay and how it would accept Bolivia's incorporation.

Tuesday, November 18th 2014 - 08:22 UTC

Rousseff pledges that Petrobras corruption case “will change the country forever”

The arrests include top executives of companies which had contracts with Petrobras. President Rousseff chaired the board of Petrobras from 2003 to 2010.

Brazil's President Dilma Rousseff said investigations into corruption at the state-owned oil company, Petrobras, could change the country forever. This was the first time she spoke since the arrest on Friday of 23 people suspected of corruption and money-laundering.

Tuesday, November 18th 2014 - 06:12 UTC

China and Brazil confirm closer trade and investment ties

Rousseff said Brazil hopes to enhance cooperation with China in such areas as oil and gas, new energy, satellite and information technology

Chinese President Xi Jinping met his Brazilian counterpart Dilma Rousseff in Australia on the sidelines of the G20 summit, calling for substantial progress in China-Brazil railway cooperation and further expanding trade and investment.

Tuesday, November 18th 2014 - 06:02 UTC

Rousseff wants to improve ties with Washington, but hurdles and attitudes persist

After re-election Rousseff told Vice President Joe Biden that she wanted to restart discussions “right away” for a formal state visit

Brazilian President Dilma Rousseff, who cancelled a White House trip last year in anger over U.S. spying revelations, now wants to improve ties and reschedule the state visit - but some U.S. officials warn it might not be that easy.

Saturday, November 15th 2014 - 08:12 UTC

Brazilian police kill an average of six people per day, says public safety group

“The empirical evidence shows that Brazilian police make abusive use of lethal force to respond to crime and violence,” the report said.

Brazilian police killed more than 11,000 people between 2009 and 2013 with an average of six a day, a public safety group has said. The study by the Sao Paulo-based Brazilian Forum on Public Safety said police nationwide had killed 11,197 people over the past five years, while law enforcement agents in the US had killed 11,090 in the past 30 years.

Saturday, November 15th 2014 - 08:04 UTC

Stats bash Roussef: Brazil lost jobs in October for the first time since 1999

Many of Brazil's homebuilders, carmakers and retailers have already been trimming jobs since earlier this year to reduce costs and protect profits

Brazil lost jobs in October for the first time in at least 15 years, revealing the delicate state of the economy ahead of potential tax hikes and government austerity. Labor Ministry data showed on Friday that Latin America's largest economy unexpectedly trimmed 30,283 net payroll jobs in the tenth month of the year, the worst reading for the month since the data series began in 1999.

Saturday, November 15th 2014 - 07:52 UTC

Something stinks in Petrobras: former director and leading contractors CEOs arrested on bribery charges

Renato Duque, a former Petrobras senior executive arrested in an investigation that allegedly skimmed billions of dollars off contracts and into political parties

Brazilian police arrested a former Petrobras executive on Friday, sending the state-run oil company's shares and bonds down after a widening corruption scandal forced it to delay the release of its financial results.

Friday, November 14th 2014 - 08:03 UTC

Fears of a new Chikungunya viral strain in Brazil with the coming of summer

Brazil has recorded over 200 Chikungunya cases, but the African strain has not yet developed the type of dangerous mutations observed in South-east Asia.

The Chikungunya outbreak which continues to affect thousands of Caribbean residents since it first appeared in St. Martin last year has been relatively self-limiting in the United States, due to the fact that the current strain only spreads through the Aedes egypti mosquito vector, which is uncommon on the US Eastern seaboard.

Friday, November 14th 2014 - 06:38 UTC

Brazil's Rouseff re-election: lower expectations

Rouseff’s low key approach to foreign policy will also continue. Mercosur and South America will be her priority

By R. Viswanathan (*) - The reelection of President Dilma Rouseff means continuation of the slow growth of the Brazilian economy and a lower likelihood of much-needed, major political and economic reforms. India should lower its expectations on a global partnership with Brazil.

Wednesday, November 12th 2014 - 06:48 UTC

US authorities looking into 'possible bribes' in the Petrobras corruption scandal

US authorities are looking into whether Petrobras or its employees, middlemen or contractors, violated the Foreign Corrupt Practices Act

United States authorities are investigating whether Brazil's giant gas and oil corporation Petrobras or its employees were paid bribes, adding to the mounting domestic corruption probes facing the state-controlled oil company.

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