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The president of the European Commission (EC), Jose Manuel Durao Barroso, called on Friday for concluding negotiations and finalizing a free trade agreement between the European Union and Mercosur, which includes Brazil, Argentina, Paraguay, Uruguay and Venezuela.
Two strong favourites have emerged to host the 2026 and 2030 World Cups. The UK is hopeful that they can follow Russia 2018 and Qatar 2022 and bring the cup to the country for the first time since 1966.
Brazil leading aircraft manufacturer and space research company, Embraer has released its Market Outlook 2014-2033 which details the company's forecast for deliveries of new 70 to 130-seat jet aircraft over the next twenty years. The report examines the main drivers contributing to air transport growth and reviews projected deliveries by world region.
The Italian chapter of Task Force Argentina (TFA), an organization which represents bondholders that did not accept the 2005 and 2010 debt swaps, urged the government of President Cristina Fernandez to negotiate and warned it will keep on pursuing its interests until the last consequences.
China expanded its trade partnership with Brazil with 7.5 billion dollars in financing for Brazilian miner Vale, the purchase of 60 passenger jets from plane-maker Embraer and renewed commitment to invest in infrastructure.