Brazil may soon require global Internet service providers (ISPs) to store domestic communications data in the country in response to reports that the US widely spies on telephone and Internet traffic across Latin America.
The Libra deepwater oil field that Brazil plans to auction off Oct 21 will yield minimum output of 1 million barrels of crude per day, the National Petroleum Agency, ANP, said on Friday. That production would be equivalent to half of Brazil's current output of 2 million bpd.
Brazilian president Dilma Rousseff reacted swiftly to the latest national stoppage saying that her government will not tolerate protests blocking highways or streets and with the Ministry of Justice will draft rules to fine those organizations responsible for such actions.
Brazil’s central bank raised the benchmark interest rate a third consecutive time and anticipated that the tightening cycle may be extended through the rest of the year as policy makers fight inflation.
Tens of thousands of workers across Brazil have walked off their jobs on Thursday in a nationwide strike demanding better working conditions and improved public services. Organized by Brazil’s biggest trade union federations, strikers are partially or completely blocking 17 highways in seven states.
President-elect Horacio Cartes will not make any comments on the ongoing dispute of Paraguay with Mercosur until after the group’s summit in Uruguay next Friday, when official decisions on the subject are expected to be made public. However for both sides any decision will most probably be challenging and ratify that Mercosur has become a political group far from its original trade and investment purposes.
By Markus Jaeger (*) - What could China possibly learn from Brazil, economically? After all, real GDP growth in Brazil averaged 2.75% annually over the past three decades, compared to 10% in China. Moreover, Brazil’s consumption-oriented growth model is about to exhaust itself, while China’s investment-focussed strategy continues to generate high, if somewhat diminished economic growth.
Embrapa (Empresa Brasileira de Pesquisas Agropecuarias) created tropical agriculture in Brazil, thus allowing the country to become the giant food producer it is today. Hailed for the work done in adapting soybeans to the hot, humid, acidic climes of the Cerrado savannah, where nearly 17% of the world's beans are now cultivated, the state-run research company is a national treasure.
Brazilian authorities decided the exhumation of former president Joao Goulart remains to determine whether he was poisoned as part of the Plan Condor implemented by the Southern Cone military regimes to eliminate opponents during the seventies and eighties.
The US State Department spokesperson during the daily briefing declined to comment on the alleged intelligence activity in Brazil but admitted dialogue with the Brazilians through normal diplomatic channels, but those conversations ‘of course we would keep private’.