Brazil

• Friday, July 13th 2012 - 07:01 UTC

  Brazil calls OAS to consider Mercosur and Unasur statements on Paraguay

  

  Brazil considers “important” that the Organization of American States, OAS, takes into consideration the decisions from Mercosur and Unasur relative to the suspension of Paraguay from the two regional groupings.

• Thursday, July 12th 2012 - 07:27 UTC

  Brazil lowers benchmark rate for eighth straight time to 8%

  

  Brazil’s central bank cut its benchmark interest rate for the eighth straight time and signaled it will continue to lower borrowing costs, as spillover from a global economic slowdown limits inflation risks.

• Wednesday, July 11th 2012 - 19:24 UTC

  With Venezuela, Mercosur will extend from Patagonia to the Caribbean

  

  Brazilian Foreign minister Antonio Patriota again supported the access of Venezuela as full member of Mercosur and the suspension of Paraguay, which he described as a clear message for all those possible “anti-democratic adventures”.

• Tuesday, July 10th 2012 - 21:22 UTC

  Brazil plans to combat endemic dengue fever with GM mosquitoes

  

  Brazil said it will breed huge numbers of genetically modified mosquitoes to help stop the spread of dengue fever, an illness that has already struck nearly 500,000 people this year nationwide, killing 74.

• Tuesday, July 10th 2012 - 05:15 UTC

  Pork for apples opens the way to normalize frozen Argentine/Brazilian trade

  

  After two months of waiting, Brazil authorized the entry of apples from Argentina’s Alto Valle of Rio Negro and Neuquen. The news, which brings relief to local exporters, came after Argentina reopened its market to pork from Brazil.

• Monday, July 9th 2012 - 18:54 UTC

  Bad weather threatening crops in farming giants but it’s not like 2008

  

  A second global food price shock is gathering steam as bad weather decimates crops in the farming giants US, Brazil, Argentina, India, Russia, the EU and Australia that feed the world, according to market analysts.

• Monday, July 9th 2012 - 18:32 UTC

  Canadian cowboy plans to ride 16.000 kilometres and reach Brazil in 2014

  

  A Canadian cowboy hopes to join the ranks of the long riders as he rode out of Calgary, Alberta on Sunday for an epic journey to his birthplace in Brazil. Filipe Masetti Leite intends to spend the next two years riding his two horses, “Bruiser” and “Frenchie,” through 12 countries in North, Central and South America.

• Monday, July 9th 2012 - 12:29 UTC

  Brazil plans to become main producer/exporter of iron ore by 2015

  

  Hong Kong's Honbridge Holdings Ltd plans to build a 420-kilometre pipeline to ship iron-ore from a mine in Brazil's Minas Gerais state to a port on the country's Atlantic coast, the Estado de Minas newspaper reported.

• Monday, July 9th 2012 - 06:05 UTC

  Influential Brazilian banker says further weakening of the Real “would be better”

  

  Luciano Coutinho president of Brazil’s state development bank BNDES, said the country has benefited from the recent weakening of its currency and a further drop would be better, according to newspaper Folha de Sao Paulo.

• Monday, July 9th 2012 - 05:59 UTC

  Chavez announces trip to Brazil for Venezuela’s formal admission to Mercosur

  

  President Hugo Chavez said he will be attending at the end of July the coming Mercosur meeting in Brasil when Venezuela will officially become the group’s fifth full member, a decision that has proved controversial and exposed differences inside the Common Market of the South.