Leaders from India, Brazil and South Africa on Tuesday urged the world's rich countries to contain their financial crises and prevent the global economy from slipping into a double dip recession.
The Secretary General of Ibero-America Enrique Iglesias praised the “courage” displayed by Brazilian president Dilma Rousseff who has been challenged by serious corruption allegations involving members of her cabinet.
President Dilma Rousseff said Monday that her administration plans to invest 30 billion Reais (17 billion dollars) in urban transportation projects across Brazil.
Brazil’s largest circulation magazine Veja, claimed in its last edition that the Sports Minister Orlando Silva has been involved in corruption actions totalling millions of dollars originally destined to promote sports among children from poor households.
President Dilma Rousseff revealed Monday that in the last four months Brazilian forces in the framework of the ‘Strategic Frontiers Plan’ had seized over 62 tons of drugs and 650 kilos of arms and explosives.
Brazil is reinforcing its diplomacy’s legal and trade departments in anticipation of a major impact from a possible global situation and in this context “Mercosur is a priority, almost a sanctuary” announced Monday the Foreign Affaire ministry.
Brazilian President Dilma Rousseff pledged to raise investment in Bulgaria, her ancestral homeland, in renewable energy, aviation and the oil industry.
Brazil and the European Union must take concerted action to calm markets fearful of global contagion spreading from Europe's debt crisis, leaders from both sides said on Tuesday.
Brazilian President Dilma Rousseff had a positive meeting with FIFA general secretary Jerome Valcke on Monday to discuss the 2014 World Cup, Brazil's Sports Minister Orlando Silva said Tuesday.
European Union farmers could suffer losses ranking from one to three billion Euros if a trade agreement is finally agreed with Mercosur according to a European Commission evaluation paper on the impact.