Tag: Brazil

Brazil
Saturday, November 22nd 2014 - 09:19 UTC

Brazil committed to advance with EU/Mercosur trade negotiations

“Mercosur has been holding negotiations with the EU; we're in discussions with other countries, but we must look for a way to advance”, said Marcadante

Brazil must speed international trade agreement negotiations, said cabinet chief Aloizo Mercadante, in direct reference to Mercosur and demanding an end to internal disputes.

Saturday, November 22nd 2014 - 06:07 UTC

Rousseff expected to announce proven fiscal hawk as Finance minister

Joaquim Levy, Nelson Barbosa and Alexandre Tombini according to media will be team conducting Brazilian finances

Brazilian president Dilma Rousseff already has the names for crucial posts in her new government, but they will not be announced until next Wednesday according to reports in Sao Paulo and Rio do Janeiro newspapers based on Planalto sources. But the names were sufficient to make the Sao Paulo stock exchange surge 5% on Friday.

Friday, November 21st 2014 - 08:50 UTC

Petrobras case revealing the extent of corruption in Brazil's political system

”You can’t even put a brick on the ground if you don’t reach some kind of agreement (with politicians),” said defense attorney Mário Oliveira Filho

The lawyer of the Brazilian lobbyist Fernando Baiano, who was finally arrested in an ongoing investigation into corruption at state oil company Petrobras, has said that “no public work is done in Brazil without a bribe” and that the people who deny allegation of corruption “ignore the country’s history.”

Thursday, November 20th 2014 - 05:05 UTC

Former Brazilian minister blames Argentina for lack of EU/Mercosur trade accord

“Mercosur is stalled, maybe it's time to declare the independence of Brazil from that group”, said Furlan

A former Brazilian Development minister and currently member of the board of BRF, one of the world's leading food corporations, Luiz Fernando Furlan said Brazil is far away from world trade agreements and urgently needs to review policies in this area, including participation in Mercosur.

Wednesday, November 19th 2014 - 08:06 UTC

Brazil's economy growth forecast could have reached a positive inflection point

The GDP growth estimate was included in the weekly Central Bank survey of analysts from about 100 private financial institutions

Private sector analysts raised their 2014 growth forecast for Brazil's economy to 0.21% from 0.20% last week, the Central Bank said on Monday. But analysts left their 2015 gross domestic product (GDP) growth estimate unchanged at 0.80%, the Central Bank said. However it is expected the latest forecast could mean the beginning of the end to the sustained several years slide and an inflection point.

Tuesday, November 18th 2014 - 11:19 UTC

Bolivia confident Mercosur incorporation process will be ironed out at the next summit

Brazil and Bolivia are waiting for the inaugurations of Rousseff and Morales before sending the protocol for congressional approval

Bolivia trusts that at the coming Mercosur summit in Argentina it can advance in solving the “technical-legal” difficulties that are delaying the country's full membership of the trade and political group. Allegedly one of the main differences rests in neighboring Paraguay and how it would accept Bolivia's incorporation.

Tuesday, November 18th 2014 - 08:22 UTC

Rousseff pledges that Petrobras corruption case “will change the country forever”

The arrests include top executives of companies which had contracts with Petrobras. President Rousseff chaired the board of Petrobras from 2003 to 2010.

Brazil's President Dilma Rousseff said investigations into corruption at the state-owned oil company, Petrobras, could change the country forever. This was the first time she spoke since the arrest on Friday of 23 people suspected of corruption and money-laundering.

Tuesday, November 18th 2014 - 06:12 UTC

China and Brazil confirm closer trade and investment ties

Rousseff said Brazil hopes to enhance cooperation with China in such areas as oil and gas, new energy, satellite and information technology

Chinese President Xi Jinping met his Brazilian counterpart Dilma Rousseff in Australia on the sidelines of the G20 summit, calling for substantial progress in China-Brazil railway cooperation and further expanding trade and investment.

Tuesday, November 18th 2014 - 06:02 UTC

Rousseff wants to improve ties with Washington, but hurdles and attitudes persist

After re-election Rousseff told Vice President Joe Biden that she wanted to restart discussions “right away” for a formal state visit

Brazilian President Dilma Rousseff, who cancelled a White House trip last year in anger over U.S. spying revelations, now wants to improve ties and reschedule the state visit - but some U.S. officials warn it might not be that easy.

Saturday, November 15th 2014 - 08:12 UTC

Brazilian police kill an average of six people per day, says public safety group

“The empirical evidence shows that Brazilian police make abusive use of lethal force to respond to crime and violence,” the report said.

Brazilian police killed more than 11,000 people between 2009 and 2013 with an average of six a day, a public safety group has said. The study by the Sao Paulo-based Brazilian Forum on Public Safety said police nationwide had killed 11,197 people over the past five years, while law enforcement agents in the US had killed 11,090 in the past 30 years.

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