Brazil

• Monday, August 15th 2011 - 01:00 UTC

  Lula da Silva: developed countries lack political initiative; need to learn from Latam

  

  Former Brazilian president Lula da Silva blasted the developed countries lack of political initiative to face the economic crisis and suggested they adopt a strategy similar to Brazil’s.

• Friday, August 12th 2011 - 06:12 UTC

  Top CEOs to lead Brazil-Canada forum to promote trade and investments

  

  Canadian government has enlisted Bank of Nova Scotia CEO Rick Waugh to lead a group of chief executives who will help broker deeper trade and investment relations with Brazil, the world’s seventh largest economy.

• Friday, August 12th 2011 - 06:11 UTC

  Brazilian economy “highly dependent on external financing and current account deficit”

  

  The Brazilian economy may face a potential crisis as its fragile foundation could barely withstand the impact of a new global financial turmoil, a local economist warned.

• Friday, August 12th 2011 - 06:09 UTC

  Brazil says stadiums will be ready on time for the 2014 World Cup

  

  Brazilian President Dilma Rousseff on Thursday brushed aside concerns over delays in preparations for the 2014 World Cup, insisting that all stadiums would be ready in time for the tournament.

• Thursday, August 11th 2011 - 23:40 UTC

  President Rousseff orders ‘clean up’ of the Agriculture and Tourism ministries

  

  Brazilian president Dilma Rousseff ordered a “cleanup and fumigation” in the Agriculture ministry following claims of lobbyism and suspended all tenders at the Ministry of Transport where the minister and his top staff resigned because of corruption charges.

• Thursday, August 11th 2011 - 06:21 UTC

  Brazilean company fully committed to oil exploration off-shore Namibia

  

  Brazilian oil and gas start-up HRT boosted its net potential oil resources 12% to 7.9 billion barrels of oil equivalent (boe) following a certification study of its assets in Namibia.

• Wednesday, August 10th 2011 - 18:11 UTC

  Brazil, as in 2008, will boost domestic market to cushion impact of global crisis

  

  For the second time in a week Brazilian president Dilma Rousseff said the country was prepared for the global financial turbulence, but said a strengthened domestic market was crucial to overcome the tough times ahead.

• Tuesday, August 9th 2011 - 21:12 UTC

  Corruption-shocked Brazilian government paralyzed; agenda blocked in Congress

  

  Brazil’s federal Police arrested on Tuesday Deputy Tourism Minister in a corruption sweep tied to funding for major sports events, the latest in a series of scandals to tarnish President Dilma Rousseff’s government.

• Tuesday, August 9th 2011 - 12:58 UTC

  Brazil Defence minister wants the South Atlantic as a peace zone shared with Africa

  

  Brazil’s new Defence minister Celso Amorim said he plans closer links with Unasur (Union of South American Nations) and Africa to ensure the South Atlantic turns into a peace zone free of weapons of mass destruction.

• Tuesday, August 9th 2011 - 12:51 UTC

  Leading wind turbine maker to establish assembly plant in Brazil

  

  Danish wind turbine maker Vestas is to establish its first assembly plant in Brazil and expects it to be operational in the fourth quarter.