Twelve people were killed in the Brazilian city of Campinas, the second biggest in São Paulo state, on Sunday night with police investigating if the murders were linked. All of the murders occurred during a three-hour period in the Ouro Verde area, in the city’s periphery, and were followed by the torching of three buses and a car by hooded men.
Brazilian consumer prices ended 2013 higher than expected at 5.91%, above the upper limit of the government target, after inflation surged in December, official statistics released Friday showed. The Brazilian Institute of Geography and Statistics (IBGE) said last month's inflation figure of 0.92% was the highest for December since 2002, and compared with 0.54% a month earlier.
Brazilian report shows at least 218 inmates were killed in the country’s jails last year, an average of more than one convict slain every two days. The data was published by Brazilian daily Folha de Sao Paulo on Thursday.
Brazil's Treasury on Thursday paid the highest yield ever to launch a new 10-year benchmark fixed-rate domestic bond. The Treasury said it sold two million NTN-F bonds maturing in January 2025, worth 1.64 billion Reais (683 million dollars), at a yield as high as 13.3899%. The bond is expected to become Brazil's new 10-year benchmark paper.
Former US President John F Kennedy mulled possible military intervention in Brazil one year before the 1964 coup that ousted then constitutional president Joao Goulart, according to archive documents released on Tuesday.
Seven out of 19 Latin-American countries will be holding elections this year and in four of them, Brazil, Bolivia, El Salvador and Uruguay, left leaning catch-all coalitions will try to hold on to power. Likewise with two conservative governments, Colombia and Panama.
Former Brazilian environment minister Marina Silva has agreed to run for vice president in October elections on the presidential ticket of Eduardo Campos, the governor of Brazil’s Pernambuco state, O'Globo newspaper reported. Silva, who will make her intention publicly known by mid-February, could announce her candidacy at a January 17 meeting of leaders of Campos’ Brazilian Socialist Party (PSB).
Brazil's Finance Minister Guido Mantega insisted on Friday that the government is keeping spending under control as he sought to calm anxiety about the deterioration of the government's accounts. The minister said the primary budget surplus, (excess of revenue over expenditure before debt payments) would be above the goal of 73 billion Brazilian Reais for 2013 (30.5bn dollars), equivalent to about 1.5% of gross domestic product.
Brazil has created a special riot force to help police control demonstrations expected during the World Cup later this year. Colonel Alexandre Augusto Aragon, who heads the elite National Security Force, was quoted in local news on Friday as saying that 10,000 riot troops selected from state police forces throughout Brazil will be deployed in the 12 cities hosting World Cup games June 12-July 13.
Brazil posted its lowest trade surplus in 13 years on Thursday, at 2.56 billion dollars for 2013, the trade and commerce ministry said, citing rising imports. The country's foreign trade association AEB had previously warned that 2013 could see the first full-year trade deficit since 2000, which compares with a 19,4bn dollars surplus in 2012