Brazil posted a primary budget deficit of 9.048 billion Reais (4.1 billion dollars) in September, its biggest in nearly five years and the government reacted announcing a plan of cuts fearing an impact from credit rating agencies.
Just a few year ago, flashy Brazilian billionaire Eike Batista was bragging that he would soon overpass Carlos Slim as the world's richest man. He even liked to show visitors his Mercedes-Benz McLaren parked right in the living room of his mansion. But his fall has been deep and fast.
The Brazilian government is trying to establish a dialogue with the anarchist group identifies as Black Bloc which has been made responsible by the police for the outbreak of violence and vandalism in the ongoing protests in the country, said the Executive Office Secretary General Gilberto Carvalho.
Four former Brazilian presidents Jose Sarney, Fernando Color de Mello, Fernando Henrique Cardoso and Lula da Silva were honored at a ceremony in the Senate to commemorate the 25 years of the 1988 constitution.
Brazil’s delays loading soybeans for export may worsen in 2014 due to a bigger crop and as some grain facilities are used for sugar shipments, crop analyst Soybean & Corn Advisor Inc. said.
Paraguayan president Horacio Cartes and his peer from Brazil Dilma Rousseff inaugurated on Tuesday a 500KW power plant and line from the Itaipú hydroelectric dam to the city of Asunción which should help end endemic blackouts and supply a new industrial park.
One person was injured and 90 detained while trucks and buses were torched in Sao Paulo late Monday in renewed violence after police fatally shot a 17-year-old boy. A police statement said some of the rioters made use of firearms during the unrest and added that one pedestrian was injured during the shooting and rushed to hospital by police.
Brazil's sports minister Aldo Rebelo is not expecting waves of anti government protests during the World Cup next year arguing the Brazilian people will be more interested in celebrating the tournament than complaining about its cost.
The US National Security Agency’s cyber spying on foreign heads of state from Angela Merkel to Dilma Rousseff is poised to produce its first high-profile corporate casualty: Google Inc.’s operations in Brazil.
The remains of ex-president Joao Goulart will be exhumed next month to determine whether he was poisoned during his exile in Argentina in the 1970s, Brazil announced on Monday.