Brazilian president Lula da Silva and his newly formed ruling coalition completed the reshuffling of the ministerial cabinet and announced politics with a big P, thinking in the country of the next twenty years.
Brazil ranks as the world's tenth economy, ahead of South Korea, Holland and Australia, according to a GDP new calculation system announced by the government and which a majority of Brazilians economists consider more in line with reality.
Brazil's government is negotiating with the Andean Development Corporation to become a fully-fledged member, which would require an investment of about US$1 billion, Brazilian Planning Minister Paulo Bernardo said Sunday.
The collapse of Brazil's flag carrier Varig last year caused a significant fall in the number of foreign tourists visiting Brazil in 2006 revealed a top official from the Ministry of Tourism in Rio do Janeiro.
In contrast to pledges of lowering Mercosur barriers for junior members (Paraguay and Uruguay), Brazil confirmed the construction of a steel and concrete wall along the Paraguayan border to help combat contraband in the Triple frontier area where Brazil, Argentina and Paraguay meet.
Brazilian president Lula da Silva strongly defended close relations with United States and agreements on developing bio-fuels, but also underlined that Mercosur remains a top priority for Brazil.
Brazil and United States will attempt to advance the Doha global trade talks during US president George Bush's official two day visit to Brazil which begins today Thursday.
United States president George Bush arrived late Thursday to Sao Paulo for a 24 hours visit to Brazil, --the first leg of his Latinamerican trip--, amidst serious street protests with eight people injured and scores arrested.
Brazil's Central Bank on Wednesday cut the basic reference interest rate Selic by 25 points to 12.75%, in line with market expectations and government promises of a more flexible monetary policy
Brazil's government managed oil company Petrobras and the Japan Bank for International Cooperation signed Monday in Rio do Janeiro a memorandum of understanding on bio-fuels announced Monday, Petrobras.