Two United Nations disarmament events kick off Tuesday in the Republic of Korea (ROK) and Brazil as part of the world body's efforts to promote the non-proliferation of weapons across the globe.
Brazil has recalled its ambassador from Ecuador over the Andean country's suspension of payments on a Brazilian loan worth at least $320 million.
Brazil's president Lula da Silva is considered the most outstanding leader of the region according to the latest edition of the public opinion poll Latinbarometer 2008 which was released this week in Chile.
Brazilian government managed oil company Petrobras announced on Tuesday that net income rose 96% in the third quarter thanks to a stronger US dollar and increased production. However this did not prevent shares from sliding 14% on Wednesday trading because of falling oil prices and the expanding global financial crisis.
Brazilian President Lula da Silva said on Tuesday in Italy he did not expect major results from the meeting of 20 nations in Washington to discuss the global financial crisis on November 15, but it's a promising start.
Brazil's pre-salt oil reserves already under concession could reach as much as 80 billion barrels of oil equivalent, said the head of Brazil's National Petroleum Agency (ANP), Haroldo Lima, on Friday.
Brazil's annual inflation rate rose to a three-year high in October as the currency's significant plunge against the US dollar pushed up costs, according to the latest release from the government's statistics and geography office.
Brazil's Lula da Silva on Saturday demanded that major reforms of the international financial system include strong input from large emerging nations and said the collapse of modern banking structures is victimizing the world's poor.
US President-elect Barack Obama needs to act swiftly to solve the economic crisis said Brazilian leader Lula da Silva speaking Thursday before the country's Economic Development Council in Brasilia.
Brazil's government has published legal guidelines for the popular caipirinha, the most common and extended alcoholic drink of the 190 million population country, and which becomes mandatory as of this month.