The merger of the Brazilian Bolsa de Valores de Sao Paulo and the futures Bolsa de Mercaderias & Futuros-BM&F SA confirmed the creation of the world's third-biggest publicly traded securities exchange and the largest in Latin America.
Brazil's Defence Minister Nelson Jobim says the military is ready to help the city of Rio de Janeiro deal with rising numbers of dengue fever cases.
Rio do Janeiro faces a dengue epidemic claims the physicians association of the Brazilian state which anticipated that next Monday they will make a formal claim against municipal, state and federal authorities for neglecting the spread of the disease that so far this year has caused 30 deaths.
Brazil's trade surplus shrank to 882 million US dollars in February, less than one third of the same month a year ago 2.9 billion US dollars, according to the country's Ministry of Development, Industry and Foreign Trade.
Encouraged by Brazil's resurgent economy, ship builders are making a strong bid to enter the naval market in the region with an array of weaponry including submarines. A leader in naval technology, Rio-based, Emgepron (Empressa Gerencial De Projetos Navais) is displaying its products at the Doha International Maritime Defence Exhibition Conference (Dimdex 2008).
Brazil is considering raising taxes paid by companies to explore for new oil and gas fields in the country to take into account recent big finds in the sub-salt cluster, Brazilian energy Minister Edison Lobao said on Tuesday.
Six children have died of the mosquito transmitted disease in the last 24 hours reported Brazilian health authorities from Rio do Janeiro, totaling 30 fatal cases so far this year which is almost the 31registered in the twelve months of 2007.
Following on Brazil's National Energy Policy Council recommendations the President Lula da Silva administration has given the green light for the resumption of construction of the third reactor at the Angra nuclear power plant, reports Sao Paulo's Gazeta Mercantil.
Brazilian farmers are set to receive a record 85 billion US dollars this year riding on high commodity prices and a bigger crop. This represents a 14.4% increase over the previous year in real value, according to the latest data from the Brazilian Ministry of Agriculture and Livestock.
Brazil levied a new tax on foreign capital and announced tax breaks for exporters Wednesday in an effort to slow the Brazilian Real's gains against the US dollar which has appreciated 62% against the greenback in three years.