Brazil

• Thursday, January 27th 2011 - 00:18 UTC

  Rains in Brazil Oust Over 25,000 From Homes

  

  Over 25,000 people have been forced to move out of their homes in the Serrana region in the south-eastern Brazilian state of Rio de Janiero, because of the devastating rains and mudslides. which lasted thirteen days and killed over 800 people, authorities said..

• Wednesday, January 26th 2011 - 23:46 UTC

  Brazil to Restrict Foreign Mining

  

  Brazil’s recently sworn in government, is concerned about increasing foreign interests in its mining assets and is looking in to the possibility of restricting foreign purchases of mines, Folha de Sao Paulo reported.

• Wednesday, January 26th 2011 - 20:43 UTC

  Brazil Re-evaluates Purchase of Warships and Aircraft

  

  Brazilian President Dilma Rousseff is re-evaluating a six billion dollar plan to purchase eleven warships, as part of her plan to slash government spending, the Folha de Sao Pablo reported.

• Sunday, January 23rd 2011 - 17:23 UTC

  Brazilian President Imposes New Work Rules

  

  Brazilian President Dilma Rousseff is trying to show she is different from former president Lula da Silva. Rousseff prefers strict rules and technical work as opposed to Lula’s political more relaxed way of governing.

• Thursday, January 20th 2011 - 17:17 UTC

  Brazilian and Uruguayan Foreign Ministers to Meet every Three Months

  

  Brazilian and Uruguayan Foreign Ministers Antonio Patriota and Luis Almagro have agreed to hold bilateral meetings every three months they announced during a press conference in Uruguay. The ministers met to discuss the forthcoming meeting between Uruguayan President Jose Mujica and his Brazilian counterpart Dilma Rousseff, scheduled for the first week of February.

• Thursday, January 20th 2011 - 16:44 UTC

  Brazil Raises Interest Rate to 11.25%

  

  Brazil’s Central Bank has increased its key interest rate to 11.25% in the hope of halting inflation. The rate has gone up from 10.75% and is the first under the Government of President Vilma Rousseff, who came in to office earlier this month.

• Wednesday, January 19th 2011 - 22:56 UTC

  Brazil Created a Record 2.52 Million New Jobs in 2010

  

  Figures in Brazil show that 2.52 million new jobs were created last year, the Brazilian Labour Ministry reported.

• Tuesday, January 18th 2011 - 19:20 UTC

  Brazilian President Dilma Rousseff Will Reanalyze Offers to Buy Jets

  

  The Brazilian president has decided to postpone the purchase of fighter jets.

• Tuesday, January 18th 2011 - 17:41 UTC

  UNASUR Statement on the Flooding and Mudslides in Brazil

  

  The Member States of the Union of South American Nations (UNASUR) wish to express their heartfelt sympathy to the Government and people of Brazil, particularly the relatives and friends of those who lost their lives, their homes and to those injured in the recent flooding and mudslides which occurred in southeastern, Brazil on January 12, 2011.

• Monday, January 17th 2011 - 20:59 UTC

  Brazilean Central Bank Intervenes in Futures Dollar Market to Stop Real Appreciation

  

  Dilma Rousseff has taken measures to stop the appreciation of the real. The Brazilian Central Bank swapped all of the currency futures contracts in a reverse swap auction. This way the institution headed by Alexandre Tombini disembarks in the futures market.