Samba dancers swathed in orange ostrich feathers welcomed Britain’s Prince Harry to a party on Rio de Janeiro’s Sugarloaf Mountain on Friday. And apparently the fancy footwork was contagious.
The Brazilian government that this week promised an ‘arsenal’ of measures to counter the effects of the international crisis and prop the economy will reduce the tax burden for several industries, revealed a Sao Paulo newspaper close to the current administration.
The Mercosur tourism industry had a turnover of 15 billion dollars last year with the Brazilians providing the largest number of tourists to the group’s associates, according to a report from neighboring countries representatives presented at the International Tourism Bourse in Berlin.
Brazil approved the allocation of 40 million Reais (approx 22 million dollars) to rebuild and modernize the country’s Antarctic research station Comandante Ferraz which was destroyed during a fire last month.
Brazil has become the sixth-biggest economy in the world, the country's finance minister announced. The National Institute of Economic and Social Research (NIESR) and other economic forecasters also said that Brazil had now overtaken the UK.
Brazil’s Central bank on Wednesday surprised analysts by accelerating the pace of interest rate cuts, bringing borrowing costs to 9.75%, below 10% for only the second time on record as it seeks to revive growth.
Argentine president Cristina Fernandez is scheduled to travel to Chile next week to meet with her peer Sebastian Piñera and the Falklands issue expected to outstand in the bilateral agenda, particularly air links with the Islands.
Crowds gathered on the Wirral and in the heart of Liverpool to bid a fond and final farewell to Type 42 destroyer HMS Liverpool. She sailed into the Mersey last week for a six-day visit, berthing alongside at the Cruise Liner Terminal.
The Gibraltar Port Authority is participating in the Seatrade Cruise Shipping Convention which takes place in Miami between the 12th and 15th March 2012.
FIFA president Sepp Blatter sought on Tuesday to defuse a war of words between FIFA and Brazil by personally apologising for disparaging remarks made by a top official about the country's slow progress in preparing for the 2014 World Cup.