Brazil

• Tuesday, July 13th 2010 - 00:52 UTC

  Petrobras contracts global PR in anticipation of its deep sea sub-salt drilling

  

  One of the world's biggest oil producers has sought global PR expertise as it expands a controversial deep sea offshore sub-salt drilling program.

• Saturday, July 10th 2010 - 07:57 UTC

  Brazil launches logo, song and campaign to promote 2014 World Cup

  

  Brazilian President Lula launched “Brazil is Calling You” campaign in Johannesburg, following South Africa officially handing over the keys to Brazil as the next host nation of the FIFA World Cup.

• Saturday, July 10th 2010 - 07:53 UTC

  African party backfires for Lula da Silva who anticipates return to Brazil

  

  Brazilian president Lula da Silva confirmed Friday he will not be present at the South Africa World Cup final on Sunday because he has urgent work in the northeast of the country ravaged by floods that has left tens dead and thousands homeless.

• Friday, July 9th 2010 - 04:38 UTC

  Radical wing of Brazil’s ruling party exposes weakness of presidential candidate

  

  Brazilian opposition presidential candidate Jose Serra strongly questioned the ‘radical’ positions of hopeful Dilma Rousseff, from the ruling Workers Party, who after publishing and signing her government program in internet was forced, just a few hours later, to make important rectifications.

• Wednesday, July 7th 2010 - 07:16 UTC

  The toughest Brazilian presidential campaign in decades takes off

  

  Brazil officially launched Tuesday the campaign for October presidential election which begins with a polarized scenario and the two main candidates, incumbent Dilma Rousseff and opposition hopeful Jose Sierra virtually even in vote intention according to the latest public opinion polls.

• Wednesday, July 7th 2010 - 06:08 UTC

  Brazil’s Embraer opens aircraft technical services subsidiary in China

  

  Brazilian aircraft manufacturer Embraer announced Tuesday the creation of a technical-services subsidiary in China, where the company has been building planes since 2003 in a joint venture with a Chinese firm.

• Tuesday, July 6th 2010 - 09:29 UTC

  Brazilian development bank lending level and rates triggers controversy

  

  Brazil’s state development bank President Luciano Coutinho rejected criticism that record lending is placing a burden on the central bank to keep inflation in check and slowing the reduction of public debt.

• Friday, July 2nd 2010 - 03:47 UTC

  Consumer goods imports make Brazil’s trade surplus fall 44% in first half of 2010

  

  Brazil’s trade surplus fell 44% in the first half of 2010 from the same period a year ago as domestic growth boosted imports of consumer goods and exports missed estimates, the Trade Ministry said.

• Thursday, July 1st 2010 - 07:26 UTC

  Lula da Silva signs bill for the capitalization of Petrobras

  

  The bill governing the capitalization of Brazilian energy giant Petrobras was approved Wednesday by President Lula da Silva. It is the first step to establish the new regulatory framework for exploiting crude oil under the pre-salt layer of the continental seabed of Brazil.

• Thursday, July 1st 2010 - 07:03 UTC

  Japanese group secures iron-ore supply with stake in Brazilian steel foundry

  

  Usinas Siderurgicas de Minas Gerais SA, Brazil’s second-largest steelmaker, agreed to sell a stake in its mining and railroad businesses to Sumitomo Corp. for 1.93 billion US dollars before a possible share offering in the unit.