Tag: Brazil
BrazilBrazil expects a boom in sales of its unique sugar cane liquor ‘cachaca’
Brazil’s ‘cachaca’ the world's fourth most-produced distilled spirit, but little known abroad, except as an ingredient in popular cocktails like caipirinhas is about to change when the US recognizes the sugar cane liquor as a distinctive Brazilian product.
Rousseff creates ministry for small businesses and announces soft loans
Brazilian President Dilma Rousseff announced on Monday a reduction in the interest rate on public loans for owners of small businesses from 8% to 5% and inaugurated the Secretariat for Micro and Small Businesses which will have the category of a ministry.
Cuban doctors to Brazil hinterland in exchange for infrastructure works
Brazil said Monday it was negotiating with Havana the possibility of hiring and bringing in around 6,000 Cuban doctors to work in areas where they are needed in the fifth largest country of the world and with a population of 200 million.
Brazil and Argentina working to find a long-standing agreement on trade, says Marco Aurelio
Brazil and Argentina are trying to address their economic and trade differences so that they can reach a long-standing, long term solution, said Marco Aurelio García, the Brazilian Executive advisor on foreign issues and trouble shooter for this kind of conflicts.
Brazil furious with Cristina Fernandez non-kept promises freezes relation
Brazil has virtually frozen political and economic relations with Argentina following serious discrepancies that were confirmed during the recent summit of presidents Cristina Fernandez with Dilma Rousseff who cut short the originally scheduled two-day visit to Buenos Aires.
Rousseff insists oil royalties should be invested in education; divided Congress disagrees
Brazilian President Dilma Rousseff said she has sent to Congress another proposal to earmark all oil royalties collected by the state for public education after lawmakers shelved an earlier effort. Rousseff made the announcement in a televised Labour Day speech in which she said improving education was vital for Brazil's development in a highly competitive world.
Brazil with trade deficit for third month running; government blames change in fuel tax accounting
Brazil recorded in April its third trade deficit in four months, trade ministry data showed on Thursday, another weak result that reflects the deterioration of the country's trade balance due to a sluggish global economy and struggling local industry.
Brazil leads meeting of Amazon basin Cooperation Treaty in Ecuador
Brazilian Foreign minister Antonio Patriota arrives Thursday in Ecuador for bilateral talks on trade, investment and immigration, and to attend a day later the Amazon group summit of ministers, reports Itamaraty palace.
Brazil’s primary surplus well below target because of ‘government efforts to prop the economy’
Brazil posted a budget primary surplus of 3.5 billion Reais (1.75bn dollars) in March, recovering after a deficit in February, but still the worst performance in the first quarter of the last four years, according to central bank data released this week.
Israel defense supplier to establish an aerospace research hub in south Brazil
Israeli defense giant Elbit Systems Ltd. plans to create a hub of aerospace research in the southern Brazilian state of Rio Grande do Sul, company officials said.
