South America’s top economic and monetary authorities will be meeting in Lima and later in Buenos Aires to agree on “joint and specific actions” to address the flush of global liquidity distorting regional currencies and of unsold manufactured goods threatening jobs and industry.
Argentina and Brazil reaffirmed on Friday their strategic alliance and commitment to Mercosur and regional integration during a summit in Brasilia, where President Cristina Fernández de Kirchner together with her Brazilian peer Dilma Rousseff inaugurated the new Argentine Embassy in the Brazilian capital.
Brazilian former president Lula da Silva criticized rich countries for their roll on the current economic crisis that has been changing the world’s economic map and once again came out forcibly in support of President Dima Rousseff.
The Brazilian Executive is “playing with fire” in the way it addresses relations with other partners of the ruling coalition warned the Party of the Republic (PR) which is threatening to join the opposition conditioning the government’s majority in Congress.
Former Brazilian leader Lula da Silva said President Dilma Rousseff managed the latest political crisis in the cabinet ‘correctly’ and is proving she has the capacity to lead “in this and in all situations”.
The construction of four diesel powered Scorpene-class attack submarines for the Brazilian Navy was launched on Saturday at a plant near Rio de Janeiro.
Influential foreign policy experts at the New York based Council on Foreign Relations (CFR) think the United States should move closer to Brazil politically and economically and recommend the creation of a Brazilian affairs office at the National Security Council.
Brazil’s president Dilma Rousseff announced Thursday night the launching of a new plan aimed to boost and protect Brazilian industry against international competition and at the same called for a technological development leap forward.
Brazilian president Dilma Rousseff is facing further political unrest in the ruling coalition following the naming of a new Transport Minister, apparently a unilateral decision that was not shared by several allies.
Brazilian President Dilma Roussef offered Venezuela leader Hugo Chávez her support over the mandate’s battle against cancer. According to the Presidential House press Secretary, Rousseff expressed her sentiments during a phone call conversation held this morning.