Brazil

• Wednesday, March 11th 2009 - 23:39 UTC

  Brazil/Uruguay summit agrees on free trade and energy integration

  

  Brazilian president Lula da Silva said that relations with neighbouring Uruguay are at “their best level ever”, following a meeting Tuesday with visiting president Tabare Vazquez.

• Wednesday, March 11th 2009 - 07:27 UTC

  Brazilian economy registers worst quarterly decline since 1996

  

  Brazil's economy suffered the worst decline in more than a decade in the last quarter of 2008, shrinking 3.6% from the previous quarter, official figures show. The fall ends a three year consistent growth, even when output for the whole of 2008 remained strong at 5.1%.

• Wednesday, March 11th 2009 - 07:07 UTC

  Brazil adheres to FAO sponsored high-seas fishing agreement

  

  Brazil openly backed the Compliance Agreement of the United Nation’s (UN) Food and Agriculture Organisation (FAO), which aims to promote compliance of international conservation and governance measures by fishing vessels that operate on the high seas, as well as combat poaching activities.

• Tuesday, March 10th 2009 - 09:02 UTC

  Brazil’s auto sales in February rise spurred by tax breaks

  

  Brazil's auto sales rose slightly in February thanks to a temporary government tax break that reduces car prices, the National Motor Vehicle Manufacturers Association, Anfavea, said on Monday.

• Tuesday, March 10th 2009 - 08:01 UTC

  WTO suggests Brazil should further reduce barriers to trade

  

  Brazil should further reduce barriers to trade in order to boost its economy, particularly given the global economic downturn, the World Trade Organization (WTO) said in a report released Monday.

• Tuesday, March 10th 2009 - 06:47 UTC

  Rainfall mitigates Brazilian soy and corn crop forecasts

  

  Soybean and corn output in Brazil this year will drop less than previously forecasted following abundant rains last month which eased crop damage caused by a drought, according to the Ministry of Agriculture.

• Saturday, March 7th 2009 - 09:58 UTC

  Lula da Silva wants Obama to become “partner” of Latinamerica

  

  Brazilian president Lula da Silva said Friday that during his coming meeting with his US counterpart on Saturday March 14 he would ask President Obama to adopt a more “development minded” attitude towards Latinamerica.

• Saturday, March 7th 2009 - 09:52 UTC

  Brazil begins commercial extraction of oil at 6.000 metres

  

  Brazil's energy managed corporation Petrobras will extract its first crude oil from the potentially huge offshore Tupi field find, of late 2007, below the salt layer of the Santos basin next May, announced President Lula da Silva.

• Saturday, March 7th 2009 - 09:49 UTC

  Brazil denies trade reprisals against Argentina

  

  Brazil denied it was thinking on reprisals against Argentina because of the restrictive measures imposed to the access of Brazilian goods and also rejected it had threatened to take the case to the World Trade Organization.

• Friday, March 6th 2009 - 10:34 UTC

  World Bank 1.3 bn. loan to Brazil for green management

  

  The World Bank approved a 1.3 billion US dollars loan to Brazil for the First Programmatic Development Policy Loan for Sustainable Environmental Management, supporting Brazil’s ongoing efforts to improve its environmental management system.