Brazil

Monday, May 14th 2007 - 21:00 UTC
Higher costs make Petrobras first quarter profit drops 38%

Petrobras Brazil's government owned hydrocarbons company said first-quarter profit fell 38% as oil prices dropped and costs rose. Net income dropped to 4.13 billion reais (2.05 billion US dollars), 6.68 billion reais in the first quarter of 2006, and net sales rose 8.4 % to 38.98 billion reais.
Monday, May 14th 2007 - 21:00 UTC
Pope ends visit criticizing Marxism and neo-liberalism policies

Pope Benedict XVI ended Sunday his five day visit to Brazil with a strong speech to Latinamerican cardinals and bishops criticising “authoritarian governments” and condemning the growing gap between rich and poor in the region.
Saturday, May 12th 2007 - 21:00 UTC
Brazil Petrobras to sell two refineries to Bolivia YPFB for US$112mn

Bolivia and Brazil have reached agreement after an acrimonious dispute over the nationalisation of two oil refineries in Bolivia owned by Petrobras, the Brazilian government-controlled oil group.
Saturday, May 12th 2007 - 21:00 UTC
De Menezes killers escape discipline

Eleven British police officers involved in the fatal shooting of a man wrongly suspected of being a suicide bomber will not face disciplinary action.
Friday, May 11th 2007 - 21:00 UTC
Petrobras discovers gas reserves off shore Espirito Santo

Brazil's government owned petroleum company Petrobras announced the discovery of natural gas reserves in the Espirito Santo Basin in the country's southeastern coast.
Wednesday, May 9th 2007 - 21:00 UTC
EU threatens total ban on imports of Brazilian beef

Animal health authorities in Brazil have been told in no uncertain terms that the EU will impose a total ban on imports of beef by the end of the year unless standards of welfare, traceability and residue testing match those of Europe.
Wednesday, May 9th 2007 - 21:00 UTC
Pope arrives in Brazil with strong message against abortion

With a strong message against abortion Pope Benedict XVI arrived Wednesday in the Brazilian city of Sao Paulo for a five day visit to the world's most populous Roman Catholic nation. This is his first visit to Latin America since becoming Pope in April 2005.
Monday, May 7th 2007 - 21:00 UTC
Lula will urge Pope to work closely in fighting poverty

President Luiz Inacio Lula da Silva said Monday he would discuss social policies with Pope Benedict on his visit to Brazil this week and urge the Catholic Church to work more closely with the government to fight poverty.
Sunday, May 6th 2007 - 21:00 UTC
Benedict XVI begins pastoral visit to “the continent of hope”

Benedict XVI said Sunday his trip to Brazil will be an effort to promote the Church's evangelization so that Latin America will more and more be “the continent of hope.”
Saturday, May 5th 2007 - 21:00 UTC
Brazil breaks AIDS drug patent with generic version from India

Brazil President Luiz Inacio Lula da Silva has authorised the country to break the patent on an AIDS drug made by Merck & Co - importing a generic version from India instead. It's the first time Brazil has bypassed a patent to acquire cheaper drugs for its AIDS prevention program.