United States President Barack Obama wants to work with Brazil on bio-fuels and global trade talks as a way to strengthen bilateral relations and address the international economic crisis, President Lula da Silva's spokesman said on Monday.
Timothy Geithner was sworn in as US Treasury Secretary within hours of the Senate approving his nomination on Monday. The confirmation by 60 votes to 34 was delayed due to concerns Mr Geithner had failed to pay previous taxes on time.
The Consortium formed by Brazil's government managed oil and gas corporation Petrobras and Spain's Repsol announced the discovery of a thick column of natural gas in the offshore Santos basin, southeast of Brazil.