Tag: Brazil

Wednesday, October 9th 2013 - 05:25 UTC
Lower commodity prices and poor infrastructure cut Latam growth prospects says IMF

The International Monetary Fund on Tuesday cut its economic growth forecast for Latin America and the Caribbean, blaming, at least in part, poor infrastructure and lower commodity prices. In its latest World Economic Outlook report, the IMF noted that emerging markets generally were facing a dampening of growth amid “less supportive external conditions and domestic supply-side constraints.”
Tuesday, October 8th 2013 - 18:20 UTC
Brazil car output and sales drop in September following on a strong August

Brazil's car output and sales dropped in September from August, adding to signs of economic weakness in the third quarter after a surprisingly good start to the year. Automobile production in Brazil dropped 2.5% and sales fell 5.9% in September from August, the national automakers' association Anfavea said
Tuesday, October 8th 2013 - 18:15 UTC
Brazil limits Chinese state-controlled companies to joint bidding for largest offshore oil prospect

Brazil is limiting Chinese state-controlled oil companies to joint bids to develop its largest offshore oil discovery, amid concerns the players could share data and reduce competition ahead of the 21 October auction, said Brazilian officials.
Tuesday, October 8th 2013 - 05:54 UTC
Boudou riding a Harley Davidson in Brasilia while Cristina faced serious medical condition

“While Cristina has to step down, he’s riding a motorbike” printed in the front page one of Brazil’s leading newspapers O Estado de Sao Paulo that caught Argentine Vice-president and now acting president a few hours before he was called back to Buenos Aires because of Cristina Fernandez medical condition.
Monday, October 7th 2013 - 17:37 UTC
Brazilian police raid slum areas in Rio do Janeiro; claims of police brutality

Brazilian police poured into a dozen slum areas of Rio de Janeiro over the weekend continuing a drive to pacify the poor neighborhoods despite accusations of police brutality that have called the tactic into question.
Monday, October 7th 2013 - 14:46 UTC
Brazilian push to attract more tourists taking advantage of 2014 World Cup

Brazilian tourism officials say that the country has stepped up efforts to lure more foreign tourists as Brazil gears up to host 2014 World Cup. Tourist board Embratur said September had seen a major publicity push worldwide, including promotions at the just-ended Japan Association of Travel Agents (JATA) showcase in Tokyo, as well as across North America and Russia.
Monday, October 7th 2013 - 14:27 UTC
Powerful alliance (ecologists and business) emerges to challenge Rousseff

Environmentalist Marina Silva announced that she will not run for the Brazilian presidency in the 2014 polls, and instead will back Eduardo Campos, who will be the nominee for the Brazilian Socialist Party (PSB).
Monday, October 7th 2013 - 13:42 UTC
Claims Canada spied on Brazil’s Mining and Energy Ministry

Canada spied on communications at Brazil's Mining and Energy Ministry, according to Canadian intelligence documents revealed Sunday by Globo television. The documents were leaked by former US intelligence contractor Edward Snowden.
Thursday, October 3rd 2013 - 22:02 UTC
Minister Swire visit confirms close UK links with Sao Paulo university and research centers

Foreign and Commonwealth Office Minister for Latin America, Hugo Swire is in Sao Paulo the last leg of this latest South American tour that had him in Asuncion, Paraguay and the Brazilian cities of Porto Alegre and Brasília in the beginning of the week.
Thursday, October 3rd 2013 - 21:46 UTC
Brazil industry production unexpectedly stalls in August

Brazilian industry production unexpectedly stalled in August, as factories reduced the output of consumer goods. Industrial output was unchanged in August after tumbling a revised 2.4% in July, the national statistics agency said in Rio de Janeiro.