Brazil

Friday, December 14th 2007 - 20:00 UTC
Lula da Silva faces major political, fiscal defeat in Senate

The Brazilian government has suffered a major defeat over a key financial transactions tax which accounts for 20 billion US dollars in annual revenue. The bill fell four votes short of at least 49 needed in the Senate to renew the tax, known as the CPMF.
Friday, December 14th 2007 - 20:00 UTC
Floating storage vessel helps Petrobras increase oil production

Brazil's government controlled oil corporation Petrobras took a major step this week to increase production from the Roncador field in the Campos Basin offshore Brazil.
Thursday, December 13th 2007 - 20:00 UTC
Agriculture boosts Brazilian growth to 5.7% in third quarter

Brazil's economy expanded 5.7% in the third quarter, boosted by big gains in the agricultural and industrial sectors, and it appeared on track to grow 5% for the year, according to government figures.
Tuesday, December 11th 2007 - 20:00 UTC
Brazilian beef exports booming in spite of EU ban threat

Beef exports are likely to rise in 2008 as Russia resumes importing meat from Brazil, the Brazilian Beef Exporters Association (Abiec) said in Sao Paulo.
Sunday, December 9th 2007 - 20:00 UTC
Brazil's vision of Mercosur includes all of South America

Changes in Argentina are an opportunity for closer political links and economic ties with Brazil while the two leading South American countries work in the construction of a Mercosur extending from the Caribbean to Patagonia, said Brazil's Foreign Affairs minister Celso Amorim.
Friday, December 7th 2007 - 20:00 UTC
UN watchdog agency praises Brazil's nuclear program

The head of the United Nations nuclear watchdog agency this week praised Brazil's nuclear energy programme while visiting a uranium enrichment plant capable of producing fuel for nuclear reactors.
Friday, December 7th 2007 - 20:00 UTC
Brazil discovers huge offshore natural gas and light oil field

Brazil's government owned Petrobras confirmed this week the discovery of new natural gas reservoirs to the north of the Camarupim field, in the Espírito Santo Basin, off the southeastern coast of the country.
Thursday, December 6th 2007 - 20:00 UTC
UN calls on Brazil to improve justice administration

During a three-day visit to Brazil that wrapped up Wednesday the top United Nations human rights official praised the South American country's recent accomplishments in that realm but pointed out that other obstacles remain.
Wednesday, December 5th 2007 - 20:00 UTC
Brazilian Senate president resigns on corruption allegations

The president of Brazil's Senate resigned Tuesday while fighting allegations of corruption. Senator Sen. Renan Calheiros, a key ally of President Luis Inacio Lula da Silva, retained his position as a senator but announced he was resigning the presidency in what analysts said was a gambit to avoid expulsion from the Senate.
Monday, December 3rd 2007 - 20:00 UTC
Brazil to propose South American Defence Board

Brazil will propose the creation of a South American Defence Board which would enable the region “to think in the common future, of a very rich region that must be well defended”, said Brazilian Foreign Secretary Celso Amorim.