Brazilian stocks climbed Thursday to a new record pushing the benchmark Bovespa index above 50,000 for the first time. The index of most-traded shares on the Sao Paulo exchange rose 746.68 or 1.5% to 50,218.22.
Pope Benedict XVI urged on Wednesday prayers of support for his trip to Brazil next week, his first pilgrimage to Latin America and an effort to strengthen a church battling to retain its predominant role in the region.
Brazil expressed complacence on Monday at the resumption of dialogue between Argentina and Uruguay regarding the dispute over the construction of a pulp mill by the Finnish company Botnia along a shared river between the two neighboring countries.
Brazil's President Luiz Inacio Lula da Silva asked on Monday for opposition support to overhaul a political system which he described as vulnerable to corruption and also promised he would not seek a third term in 2010, a sensitive issue for the opposition.
Brazilian president Lula da Silva is scheduled to visit Argentina and Chile, next Thursday and Friday with energy integration and trade as the main formal issues; but a trip that can also be described as an incursion through Latinamerica's different Socialist populist blends.
Sports officials from the British colony in the Islas Falklands, whose sovereignty Argentina claims, said they have never been invited to participate in the Panamerican Games, according to the Italian agency ANSA desk in Sao Paulo, Brazil.
Bolivia's president Evo Morales denied having squabbled with Brazil's Lula da Silva during the recent energy summit in Venezuela but admitted having discrepancies over how much Bolivia must pay for the two nationalized oil refineries from Petrobras.
South American leaders meeting in Venezuela for the first regional energy summit agreed on Tuesday a declaration that includes traditional and alternative fuels, such as ethanol, plus the creation of the South American Energy Council to follow up hemispheric energy related agreements.
Pope Benedict XVI coming visit to Brazil from May 9 to 13 is expected to attract millions of faithful and tourists which will spend in the order of 22 million Euros in Sao Paulo according to estimates from the city's Tourist Office.
Brazilian president Lula da Silva would like to see his ruling coalition remain in office even if this means supporting a conservative presidential candidate in 2010, according to an official spokesperson from the Planalto Palace.