Brazil

• Tuesday, November 3rd 2009 - 07:39 UTC

  US puts pressure on Brazil to purchase Boeing’s F 18 Super Hornets

  

  United States president Barak Obama has a special interest in the sale of 36 fighter aircraft Brazil has announced it plans to purchase and would consider a “disappointment” if the contract goes to any of its competitors (France or Sweden), said Ellen Tauscher Under Secretary for Arms Control and International Security.

• Monday, November 2nd 2009 - 12:06 UTC

  Brazil’s plan to boost the economy and send a good report to Copenhagen

  

  Brazil has extended tax breaks on energy-efficient home appliances for three months in a bid to boost consumption and consolidate a rebound in Latinamerica's largest economy. The announcement was made last week by Finance Minister Guido Mantega and becomes effective this month.

• Saturday, October 31st 2009 - 07:03 UTC

  Venezuela/Brazil agree terms of refinery to be built in Pernambuco

  

  Brazil's government managed oil company Petrobras said on Friday that it had concluded a deal with Venezuela's PDVSA to construct and operate a refinery in northeast Brazil.

• Friday, October 30th 2009 - 03:05 UTC

  Argentina/Brazil clash over trade restrictions: what restrictions?

  

  Brazilian Minister of Development Industry and Trade, Miguel Jorge confirmed Thursday that the Brazilian government is requesting non automatic licenses for some imports from Argentina, but denied it was a reprisal because of similar measures imposed by Argentina.

• Thursday, October 29th 2009 - 09:50 UTC

  Brazilian government lowers tax to benefit consumers and farmers

  

  Brazil’s main meat processor JBS praised the government for lowering a local tax that will ultimately benefit consumers and farmers. JBS is also in the process of becoming the world’ leader in animal protein food by taking over US chicken producer Pilgrim’s Pride and merging with Brazil’s Bertin SA.

• Thursday, October 29th 2009 - 07:11 UTC

  Brazil confirms the gradual elimination of US dollar in trade operations

  

  Brazilian Central Bank president Henrique Meirelles said the country is considering the gradual elimination of the US dollar in trade with China, Russia and India, which together with Brazil make up the BRIC group.

• Wednesday, October 28th 2009 - 07:18 UTC

  Porous Brazilian borders feed Olympic Rio gangs with heavy weapons

  

  The Brazilian Federal Police identified 17 places through which illegal weapons are introduced into the country, including most of those used by organized crime such as heavy machine guns capable of downing a helicopter as recently happened in one of the favelas, the shanty towns that speck Olympic city of Rio do Janeiro.

• Wednesday, October 28th 2009 - 06:07 UTC

  Trade disputes cast doubts on the “Argentine-Brazilian” strategic alliance

  

  Trade obstacles imposed by Brazil against Argentine exporters in reprisal for similar measures by the Argentine government of President Cristina Fernandez de Kirchner escalated Tuesday when the Brazilian ambassador was summoned to the Argentine Foreign Affairs ministry.

• Wednesday, October 28th 2009 - 02:19 UTC

  Brazil remains divided on Venezuela’s Mercosur incorporation

  

  The president of the Brazilian Senate Jose Sarney reiterated Tuesday he does not support the incorporation of Venezuela to the South American trade block Mercosur, since “decisions from the government of that country represent a crumbling and deviation of democracy”.

• Tuesday, October 27th 2009 - 12:23 UTC

  Brazil planning to cut taxes to stimulate domestic consumption

  

  Brazil is considering extending stimulus tax cuts on home appliances even as the country’s economic recovery shows signs of gaining momentum. Tax cuts helped Brazilian auto industry sales to soar.