Brazil

Sunday, August 11th 2013 - 21:36 UTC
Honda to build a second assembly plant in Sao Paulo operational by 2015

Japanese automaker Honda plans to build a new assembly plant in the Brazilian state of Sao Paulo with an annual capacity of 120,000 units, the company said.
Sunday, August 11th 2013 - 21:19 UTC
Brazil’s Rousseff approval rating bouncing back; support for economic team remains ‘soft’

President Dilma Rousseff’s approval rating gained six percentage points after diving in the wake of massive protests in Brazil, a poll published on yesterday showed. The number of Brazilians who consider Rousseff’s administration “great” or “good” was 36%, up from an all-time low 30% in late June.
Saturday, August 10th 2013 - 16:18 UTC
France’s Alstom paid millions in bribes to secure contracts in Brazil

French power company Alstom paid millions of dollars in bribes to secure lucrative contracts in Sao Paulo state in 1998, a Brazilian newspaper reported this week. The Estado de Sao Paulo cited federal police documents as saying Alstom executives were among 10 people facing charges in connection with the scandal.
Saturday, August 10th 2013 - 02:38 UTC
Kerry arrives in Brazil on Tuesday to try and iron out strained relations over US spying

The government of President Dilma Rousseff will raise the issue of US spying on Brazilian companies and individuals next week when US Secretary of State John Kerry visits Brazil.
Saturday, August 10th 2013 - 02:04 UTC
Corruption allegations in crucial Sao Paulo city reach Brazil’s main opposition party

After the mensalão case rocked Brazil’s ruling party, it seems it’s now the turn of the Social Democrats (PSDB), the main opposition party. The Attorney General’s office and the police are investigating the allegations against the PSDB and if its leaders received kickbacks from a scheme involving the maintenance of train and metro lines in Sao Paulo.
Friday, August 9th 2013 - 04:30 UTC
Confederations Cup boosted international tourist income in Brazil to record levels

The recent Confederations Cup football tournament helped boost international tourist income to Brazil to record levels in the first half of the year, according to the latest stats from the Brazilian Tourist Board, Embratur.
Wednesday, August 7th 2013 - 17:49 UTC
Brazil’s Dilma celebrates decline in food prices reflected in ‘contained’ inflation

The first decline in food prices in two years provided temporary assistance to Brazilian President Dilma Rousseff’s efforts to tame inflation. Prices as measured by the benchmark IPCA index rose 0.03% in July and more encouraging with prospects for prices to remain unchanged.
Wednesday, August 7th 2013 - 17:45 UTC
Brazil farmers ask until when will ideology prevail over economics and trade in Mercosur

“Until when will we allow ideology to prevail over economics, markets, competitiveness grounding the great vessel of Brazilian trade in the port of little regional pretensions”, asks Katia Abreu in a column published in Folha de Sao Paulo openly criticizing the administration of Dilma Rousseff for its Mercosur policy and the results of the recent Montevideo summit.
Wednesday, August 7th 2013 - 17:42 UTC
AI top level mission to Brazil to discuss indigenous peoples’ rights and police violence

Indigenous peoples’ rights and police violence are the focus of a High Level Mission (HLM) by Amnesty International’s Secretary General, Salil Shetty in Brazil where he is scheduled to meet with top politicians and officials to discuss an array of human rights abuses and violations which need to be addressed.
Wednesday, August 7th 2013 - 02:47 UTC
Brazil car production slips but export forecast rises as world demand picks up

Car production in Brazil slipped in July to the lowest daily rate in five months as factories, facing sagging consumer confidence scaled back output industry data showed on Tuesday.