Three navy supply ships will head for Antarctica next month to begin rebuilding a Brazilian naval base destroyed by a deadly fire in February, Defence Minister Celso Amorim said Monday.
Former Brazilian president Lula da Silva was “the chief” of the corruption network the ruling Workers Party had organized to have sufficient votes in Congress, according to a report published in the weekly Veja, the magazine with the largest circulation in the country.
A team of experts working for the administration of President Dilma Rousseff has warned of the existence of a “real estate burble” in Brazil with the value of houses soaring 165% in Rio do Janeiro and 132% in Sao Paulo in the last four years.
Brazil’s economic activity rose more than forecast in July, posting the biggest expansion in almost a year. The non-seasonally adjusted economic activity index rose 2.34% from a year earlier after rising 0.99% in June, the central bank said in a report.
Brazil's central bank ordered the liquidation of Banco Cruzeiro do Sul on Friday after no one stepped up to acquire the troubled lender, raising doubts about government oversight of small and mid-sized banks.
Hosting the Olympics two years after staging the World Cup was always going to be a big task but the success of London 2012 has raised the bar even further, according to Brazil's deputy sports minister Luis Fernandes. With the Olympic flame now out in London, all eyes turn to the Brazilian powerhouse and the clock is already ticking for the 2016 Games.
The Brazilian population amounts to 193,946,886 people, according to estimates from the Brazilian Institute of Geography and Statistics (IBGE), based on the 2010 Census, as released in Brasilia last week.
A battalion of Special Forces (BOPE) from the Brazilian city of Rio do Janeiro started using unmanned aerial vehicles, or drones to air monitor the drugs trade and gangs in shanty towns surrounding the “marvellous city”.
Thousands took to the streets of the Brazilian capital to march against corruption on the country’s Independence Day, along the same avenue where the main military parade took place on Friday.
Brazil will cut energy costs for companies and consumers while pressuring banks to lower lending rates to accelerate growth, said President Dilma Rousseff in a speech on national television to commemorate the country’s independence.