Mexico’s presidential front-runner wants state oil monopoly Petroleos Mexicanos (Pemex) to emulate the success of Brazil’s Petrobras and ramp up private-sector involvement that could possibly pave the way for a stock listing in the future.
US and Brazil plan to boost trade and cooperation in their respective national drinks, cachaça (distilled sugar cane liquor used to make caipirihna cocktails, and Tennessee whisky. The letter of intent was signed Monday by US Trade Representative Ron Kirk and Brazil’s Trade Minister Fernando Pimentel.
US Boeing and Brazil’s Embraer signed an agreement Monday to work cooperatively on aircraft safety, operational efficiency and manufacturing productivity.
China's inflation rebounded slightly in March after logging an extremely low growth in February, backing lingering uncertainty regarding the country's ability to contain price rises.
In spite of disagreements in several issues, President Dilma Rousseff during her meeting on Monday at the White House with her peer Barack Obama is expected to insist on the need to join efforts in combating the world economic crisis and particularly monetary instability originated in the manipulation of foreign currency exchanges, which the Brazilian describe as a “monetary tsunami”.
Brazil has no plans to offer further incentives for automakers, but the government does not rule out taking steps to boost the competitiveness of other industries, Trade and Industry Minister Fernando Pimentel said in an interview published on Sunday.
Brazilian president Dilma Rousseff begins Monday a two day to the United States with the purpose of improving bilateral political, trade and investment relations as well as continuing on the agenda worked out for when President Obama’s visit to Brazil last year.
Education is one of those intangible values that demand a huge percentage of the Falkland Islands budget, close to 25%, according to Jan Cheek, member of the elected Legislative Assembly and head of the education portfolio.
US ground beef processor AFA Foods filed for bankruptcy protection this week and said it plans to sell some or all of its assets, citing the impact of media coverage related to a meat filler critics have dubbed “pink slime.”
Tens of cargo ships are delayed in Argentina because a grain-bulk carrier has grounded in the Parana River, 150 kilometres south of the city of Rosario, which is the country’s grains and oil seeds hub.