
President Lula da Silva said a woman can rule Brazil country much better than all the men that have been presidents in the country in the last 500 years.

Brazil’s government controlled energy giant Petrobras began commercial crude production Thursday from a deepwater deposit in the pre-salt region, which the government anticipates will turn the country into a global leader in oil production.

The first debate between Brazilian presidential candidates will be done exclusively for Internet, with the backup organization of the country’s four most important portals which make up an estimated 95% of internet users.

The Brazilian daily Jornal do Brasil will discontinue its print edition and publish exclusively on the Internet starting September first, the owner of the 119-year-old newspaper said Wednesday.

Brazilian President Lula da Silva launched Tuesday the bidding process for the construction of the high-speed rail service between the country’s two largest cities, Sao Paulo and Rio do Janeiro, which should be running by 2016 when Brazil hosts the Olympic Games.

The recent resumption of negotiations for a cooperation and free trade agreement between Mercosur and the European Union will be at the heart of the EU/Brazil summit scheduled to begin Wednesday in Brasilia.

Brazil’s oil regulator ANP said it concluded its first test at the Franco offshore field, which holds the oil reserves that the government may sell state-controlled Petroleo Brasileiro SA, Petrobras, in exchange for new stock.

Brazil’s automobile production increased 19.1% in the first half of the year compared to the same period a year ago and exports soared 62.3% according to the Brazilian automakers association Anfavea.

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.

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.