Brazil

• Tuesday, October 29th 2013 - 05:58 UTC

  Brazilian ex-president to be exhumed to determine if he was poisoned by the military regime

  

  The remains of ex-president Joao Goulart will be exhumed next month to determine whether he was poisoned during his exile in Argentina in the 1970s, Brazil announced on Monday.

• Monday, October 28th 2013 - 20:37 UTC

  Brazil's middle and high classes support spontaneous street protests

  

  Brazil's middle and high classes are the most supportive of the street demonstrations and protests that have turned out in the country's main cities since last June, according to the results of a public opinion poll from Datafolha Institute and published in the Sunday edition of Folha de Sao Paulo.

• Monday, October 28th 2013 - 20:30 UTC

  Cartes and Rousseff to open vital supply power line for Paraguay's capital built with Mercosur funds

  

  Brazilian president Dilma Rousseff will inaugurate on Tuesday in Paraguay next to his peer Horacio Cartes a high voltage transmission line from the world's largest operational hydroelectric dam Itaipú to metropolitan Asuncion, capital of the landlocked country and which was financed with Mercosur funds.

• Monday, October 28th 2013 - 06:41 UTC

  Lack of refining capacity and capped fuel prices hit Petrobras profits

  

  Brazil’s state-controlled oil producer Petrobras said third-quarter profit slid 40%, missing analysts’ estimates, on higher fuel imports and refining losses. Net income dropped to 3.39 billion Reais (1.55bn dollars) from 5.66 billion Reais a year earlier, the company said on Friday in a regulatory statement.

• Monday, October 28th 2013 - 06:17 UTC

  Brazil's current account deficit in 12 months to September stands at 3.6% of GDP

  

  Brazil's current account deficit narrowed in September from the previous month as the foreign trade surplus strengthened, but the improvement was more modest than economists expected. The country posted a current account deficit of 2.629 billion dollars in September, central bank data showed.

• Monday, October 28th 2013 - 05:33 UTC

  Rousseff and Mantega dispute IMF report on Brazil as 'incoherent'

  

  Brazilian President Dilma Rousseff responded to the International Monetary Fund concern over the country's fiscal situation, saying Brazil was fulfilling its responsibilities. IMF claimed that Brazil's competitiveness had eroded in recent months and downgraded the country's growth forecast from 4.25% to 3.5%.

• Saturday, October 26th 2013 - 15:45 UTC

  Brazil's main city again rocked by riots and vandalism over transport facilities and costs

  

  Brazilian police fired tear gas and have arrested scores of protesters in the country's main city Sao Paulo when a march demanding free public transportation for students turned violent. The protest on Friday evening blocked key city streets and disrupted the public transportation system in the city of 11 million. Police reported the arrest of at least 78 people.

• Thursday, October 24th 2013 - 07:51 UTC

  Brazil sells 3.2bn dollars in new global bonds to improve the best yield curve

  

  Brazil sold about 3.2 billion dollars of new global bonds due in 2025, more than twice the original launch amount, as it paid the largest premium over U.S. Treasuries for a similar maturity since 2009 (approx 4.3%). The National Treasury is also buying back about 2 billion dollars of high-coupon notes maturing between 2017 and 2030.

• Wednesday, October 23rd 2013 - 21:21 UTC

  Petrobras with sufficient funds to operate Libra; denies need of fuels price increase

  

  Petrobras has sufficient funds on hand to pay its share of a hefty Brazilian government fee for operations at the Libra offshore “pre-salt” oil field and won't need to request a fuel-price increase to meet the obligation, the company's president Graca Foster said on Wednesday.

• Tuesday, October 22nd 2013 - 19:58 UTC

  Interpol and Rio 2016 Olympics committee sign agreement to strengthen security

  

  An agreement has been signed by INTERPOL and the Rio 2016 Organizing Committee for the world police body to provide additional support to the Brazilian authorities in ensuring the safety and security of the event.