Brazil

• Wednesday, January 25th 2012 - 07:42 UTC

  President Rousseff to address protestors of anti-Davos Economic Forum

  

  Thousands of trade unionists, students and activists for indigenous and environmental causes gathered Tuesday in the southern Brazilian city of Porto Alegre to kick off debate in the anti-capitalist World Social Forum.

• Wednesday, January 25th 2012 - 07:37 UTC

  BMW plans to build cars in Brazil as of 2014

  

  Germany’s BMW Ag., the world’s largest luxury carmaker plans to build cars in the Brazilian state of Santa Catarina from 2014 reports Automobilewoche.

• Wednesday, January 25th 2012 - 03:58 UTC

  Brazil record foreign direct investment more than compensates current account deficit

  

  Brazil posted a record-high current account deficit in 2011 on rising profit remittances by multinational companies and massive spending abroad by Brazilian tourists, but the deficit was more than covered by another record, this time for foreign direct investment, the central bank said Tuesday.

• Wednesday, January 25th 2012 - 03:52 UTC

  Lula da Silva back on the political stage next to President Dilma Rousseff

  

  Former Brazilian president Lula da Silva currently undergoing treatment for larynx cancer, returned on Tuesday to the political stage after three months of absence, for the inauguration ceremony of two new ministers from the cabinet of President Dilma Rousseff

• Monday, January 23rd 2012 - 17:14 UTC

  Six out of ten Brazilians belong to the middle class, says report

  

  The middle class in Brazil during the last decade expanded to reach 90 million out of a population of almost 200 million, according to paper from consultants Datafolha.

• Monday, January 23rd 2012 - 17:06 UTC

  Brazilian Army and Navy won’t hand documents from the military regime time

  

  The Brazilian Army and Navy have not handed over documents dating back to the years of the military dictatorship (1964/1985), in spite of an official request from former president Lula da Silva five years ago.

• Monday, January 23rd 2012 - 04:30 UTC

  A woman of gritty character will head Brazil’s largest corporation, Petrobras

  

  Maria da Gracas Foster, (58), will be head of Brazil’s largest corporation, Petrobras as of next February. This is the first time that the Brazilian oil corporation among the largest in the world will have a woman as CEO.

• Saturday, January 21st 2012 - 15:19 UTC

  “Only the Falkland Islanders can be the masters of their future”

  

  In an article published today the Foreign Secretary William Hague sets out why the future of the Falkland Islands can only be decided by its people themselves.

• Saturday, January 21st 2012 - 05:38 UTC

  Argentine industry requests postponement of the new imports scheme

  

  Argentine manufacturers have requested the administration of President Cristina Fernandez to delay the implementation of the new imports scheme which is scheduled to begin next February first fearing it could cause delays in the supply of non local inputs.

• Friday, January 20th 2012 - 16:28 UTC

  Brazil plans to counter Argentina’s latest imports’ measures, if they affect trade

  

  Brazil has plans to counter the latest battery of trade restrictions which Argentina announced, if they turn out to the barriers for Brazilian exports, reported the influential Folha de Sao Paulo.