Brazil announced plans to protect an additional 10 000km² of land and pledged not to let economic woes stop it from implementing other measures to protect the environment.
Brazil president Dilma Rousseff announced Wednesday the government will temporarily shelve a law banning the consumption and sale of beer in stadiums for the duration of the 2014 World Cup.
Brazil's former President Lula da Silva admitted during a television interview that he will be presidential candidate in the 2014 elections if current Head of State Dilma Rousseff does not run for re-election.
Brazil's central bank cut interest rates on Wednesday for the seventh straight time to a record low 8.50%, moving into uncharted territory in a bid to shield a fragile recovery from a gloomy global outlook.
Spain’s leading bank Santander denied any plan to sell its Brazilian affiliate full or partly, as was published in the Sao Paulo media following discussions with Bradesco, another top listed Brazilian bank.
Spain’s King Juan Carlos will be travelling to Brazil and Chile in the first week of June to strengthen ties with two strategic associates and in preparation of the Ibero-American summit to take place in Cadiz. The King will be accompanied by Foreign Affairs minister Jose Manuel Garcia-Margallo and a business delegation.
Brazilian President Dilma Rousseff announced Friday that she is vetoing some of the controversial amendments to the country’s Forest Code that would have substantially weakened the country’s forest protection and climate mitigation actions.
Brazilian government's economic activity index dropped for the third consecutive month in March, confirming a slowdown in the economy in the period.
A freedom of information law has taken effect in Brazil, challenging an embedded culture of secrecy and bureaucracy. Proponents, including President Dilma Rousseff, said the measure is nothing short of a revolution for a system that has kept tight control over information for decades.
The Brazilian government has plans to cut and simplify taxes for electricity producers and distributors as part of a strategy to reduce Brazil's high business costs and stimulate its struggling economy, reports Reuters.