Brazil admitted that the trade situation with Argentina is “less than satisfactory”, given the ongoing barriers and restrictions imposed by Buenos Aires and revealed that the bilateral trade balance is now inclined in favour of its southern neighbour and Mercosur associate.
Brazilian president Dilma Rousseff leads comfortably vote intention according to two public opinion polls published by leading newspapers, which indicate that she would have an easy win in the first round of the 2014 presidential election.
Moody's Investors Service lowered this week the long-term issuer ratings of Brazilian state banks BNDES and Caixa Econômica Federal, citing their eroding capital position after years of rapid credit expansion, but spared the also government controlled Banco do Brasil.
The governments of Mexico and Brazil have agreed to the exemption of the short-stay visas in ordinary passports for their citizens. The move is designed to increase the flow of travellrs between the two nations.
Argentines are lucky because they have a great Pope, but “if the Pope is Argentine, God is Brazilian”, said Brazilian president Dilma Rousseff on Wednesday following her half hour meeting with Francis and asked by Argentine reporters her impression of the new pontiff.
Brazilian President Dilma Rousseff appointed on Friday new ministers for agriculture, civil aviation and labour, the presidential office said, in a Cabinet shuffle that left her economic team intact.
By leaving Venezuela before Friday’s funeral ceremony for leader Hugo Chávez, Brazilian President Dilma Rousseff was once again trying to chart out a more moderate signal to investors and diplomats, plus probably avoiding Iranian president Mahmoud Ahmadinejad, whom contrary to her predecessor Lula da Silva, she has strongly criticized.
As world leaders were arriving at Caracas late Thursday for Friday’s funeral ceremony of President Hugo Chavez, Argentine president Cristina Fernandez and her delegation were back in Buenos Aires. The Argentine president visited the Military Hospital’s chapel Thursday noon for a final goodbye to the Venezuelan leader and then ordered the flight back to Buenos Aires.
Brazil advanced toward its target of joining the small club of nations that have nuclear-powered submarines with the opening of a naval shipyard installation that will build French-designed submarines.
President Dilma Rousseff said on Wednesday that Brazil must cut its high business costs to become more competitive and vowed to keep inflation in check. The leader anticipated that 2013 will be a year of major infrastructure investments in roads, railways, ports and airports to try to stop bottlenecks from holding the economy back.