Tag: Brazil

Brazil
Saturday, July 19th 2014 - 07:36 UTC

A money rich China and Brazil dispute influence in Latam

“Venezuela is currently China's number one debtor in Latin America, and Beijing's top supplier of oil in the region”, says Mijares

After the BRICS summit and a visit to Brazil, China's President Xi Jinping is embarking on a tour of Argentina, Venezuela and Cuba in a bid to boost ties and gain clout in the region, as analyst Victor Mijares tells Deutch Welle.

Saturday, July 19th 2014 - 07:11 UTC

Embraer's 20-year market outlook: 6,250 new jets in 70 to 130-seat segment

The C-190, one of Embraer's most successful 70 to 130-seat jet aircraft

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.

Saturday, July 19th 2014 - 06:41 UTC

China confirms its interest in Brazil with credit and infrastructure projects

Presidents Xi and Rousseff seal the close relationship

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.

Friday, July 18th 2014 - 08:39 UTC

China offers 35bn fund to finance infrastructure projects in Latin America

Xi met with 11 Latin American and Caribbean leaders at the end of a three-day visit to Brazil before heading to Argentina

Chinese President Xi Jinping proposed Thursday to create a 20 billion dollars fund to finance infrastructure projects in Latin America and the Caribbean.

Friday, July 18th 2014 - 07:45 UTC

Brazil leaves basic interest rate unchanged at 11%; no surprises expected ahead of October election

Disappointing growth data is expected to keep the central bank, led by Alexandre Tombini, from raising interest rates for the rest of 2014

Brazil held interest rates unchanged for a second straight time this week but did not commit to keeping them stable for long as inflation remains high in Latin America's top economy. The Brazilian economy performance is anemic and next October president Dilma Rousseff is bidding for re-election.

Thursday, July 17th 2014 - 07:20 UTC

CFK says BRICS support Argentina in the holdouts dispute, but where’s the document?

Dilma Rousseff will be taking a proposal on sovereign debt restructuring to the G20 summit in Australia, according to the Argentine president

President Cristina Fernandez assured that Argentina received the support from the group of BRICS countries (Brazil, Russia, India, China and South Africa) in its struggle against the holdout speculative funds, during the two summits held in Brazil, in Fortaleza and Brasilia.

Thursday, July 17th 2014 - 06:24 UTC

Brazil looking ahead to another year of record grains crop: 192.5 million tons

 Soy, corn and rice take up 85% of the planted area and 91% of total production

Brazil which has become one of the world’s food powerhouses is forecasting a record harvest of 192.5 million tons of grains, up 2.3% over the previous period, according to the latest report from the Brazilian Stats and Geography Institute, IBGE.

Thursday, July 17th 2014 - 05:24 UTC

Brazil’s main October presidential battle will take place in Sao Paulo

Challenger Neves and Dilma, who is seeking re-election, believe Sao Paulo’s voters are more up for grabs than they have been in decades

When opposition party Senator Aecio Neves officially kicked off his presidential campaign last week, he posted a video on Facebook calling for a “fairer, more efficient, and more generous Brazil”. However the word ‘efficient’ struck some as an odd rallying cry in a tropical country known for its, well, un-Swiss-like approach to time.

Wednesday, July 16th 2014 - 08:05 UTC

IBSA, as important if not more than BRICS for India

 PM Modi and president Dilma Rousseff during the BRICS summit in Fortaleza

Prime Minister Narendra Modi is visiting Brazil to attend the Sixth BRICS summit in Brazil on 15-16 July. During his meeting with President Dilma Rouseff, PM Modi will review the bilateral relations with Brazil with which India is committed to a strategic partnership.

Tuesday, July 15th 2014 - 07:19 UTC

Putin and Rousseff discussed doubling bilateral trade ahead of BRICS summit

The Russian president was received with full head of state honors by Rousseff at Planalto Palace in Brasilia

Brazilian president Dilma Rousseff and her Russian counterpart Vladimir Putin have restated their aim of doubling bilateral trade between the two nations to a value of 10 billion dollars a year, in a meeting held a day before the sixth summit of the BRICS group on Tuesday.

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