Brazil's antitrust authority, Administrative Council for Economic Defence, CADE, approved the merger between the Bovespa stock exchange and the BM&F futures market, a spokesman said this week.
Malnutrition among children below the age of 5 dropped dramatically in Brazil between 1996 and 2006 according to a release from the National Demography and Health Studies on women and children released on Sunday.
One of each five timbered trees in the Brazilian Amazon belongs to government protected areas according to a report published on Sunday by O' Globo.
Brazil's government managed oil and gas corporation Petrobras set a new monthly oil production record in Brazil in June: 1,867,000 barrels per day (bpd). This was 12,600 bpd higher than the previous record from last December with 1,855,000 bpd.
Brazilian stocks partly recovered (0.16%) on Friday after their worst week in nearly a year with the Sao Paulo Bovespa index falling 7.7%, -below the 60.000 benchmark-, in line with global markets and concerns about oil and inflation.
Brazil launched the process to buy at least 36 fighter jets as part of a broader plan to modernize its Air Force and in keeping with neighbors that are also in the process of overhauling their fleets.
The Brazilian automobile industry produced and sold a record number of new vehicles in the first half of 2008, with flex-fuel cars leading the surge according to the auto manufacturers' association, Anfavea, said on Friday.
Brazil has promised farmers 78 billion Reais, approximately 48 billion US dollars, in soft loans to promote agriculture production and help curb inflation announced on Wednesday the country's development bank, BNDES.
Brazil's monthly inflation accelerated to its fastest pace in more than five years on rising wholesale prices for manufacturers. The IGP-M price index, Brazil's broadest measure of consumer, construction and wholesale prices, rose 1.98% in June, up from a 1.61% surge in May, according to the Getulio Vargas Foundation.
Brazil's Antimonopoly agency, CADE, finally approved the takeover of the once Brazilian flag carrier Varig by the low fare airline GOL, an operation which took place last year.