Industrial output in Brazil grew last year at its fastest pace since 2004, jumping 6% boosted by domestic demand according to official data. The surge in industrial activity was broad, driven by a sharp increase in the availability of credit allowing Brazilian consumers to buy more cars and home appliances.
Brazil has reported a total of 48 cases of the mosquito borne yellow fever, 13 of them fatal, since mid December, the World Health Organisation said this week. Three states, Goias, Brasilia and Matto Grosso do Sul concentrate the majority of cases.
Brazil has decided to temporarily lift the tariff on imported wheat from outside Mercosur trade bloc, following a request made by mills, a spokesperson at Brazil's Foreign Trade Chamber (Camex) said this week.
Brazil on Tuesday sharply criticized the European Union's decision to temporarily ban Brazilian beef imports and warned it could file a complaint with the World Trade Organization.
Brazil's dreams of becoming the first Latin American country to operate a nuclear submarine were reportedly discussed during a late January visit by defense minister Nelson Jobim to France.
Long-dormant plans to enter the nuclear submarine club were recently revived by Brazil, which already has a modest submarine-building capability.
Brazil's trade surplus narrowed to a 5 and a half year low in January as a cheaper dollar and rising consumer demand pushed imports to a record high. Imports increased to 12.3 billion US dollars in January from 10.6 billion in December.
Brazilian beauties wearing only sequins led carnival parades lasting until dawn Sunday as second-division samba groups used a kaleidoscope of colorful dancers and floats to launch the biggest part of Rio's five-day bash.
The fossil of a land-bound reptile that could be a link between prehistoric and modern-day crocodiles was put on public display for the first time at the Federal University of Rio do Janeiro, reports National Geographic.
Brazil's Cabinet official for racial equality resigned Friday amid charges she had abused her government-issued corporate credit card. Matilde Ribeiro told a news conference that she had committed a mistake in using the card to pay for a chauffeured car, restaurant meals, hotels and purchases in a duty free shop in 2007.
Brazil's Finance Minister Guido Mantega said that for the moment there's no reason to change the country's growth estimate of 5% for 2008, in spite of global recession fears, which he believes will impact most on developed countries.