Brazil

• Tuesday, July 17th 2007 - 21:00 UTC

  Brazil: 0.75% of population dominates 50% of GDP

  An estimated 130.000 Brazilians have financial assets valued at over a million US dollars which totals 573 billion US dollars, well above half the country's GDP, according to a report published Sunday in Folha de Sao Paulo.

• Wednesday, July 11th 2007 - 21:00 UTC

  Brazil budgets nuclear energy program including navy sub

  

  President Luiz Inacio Lula da Silva said that Brazil will budget about half a billion US dollars over eight years to complete its nuclear program, including uranium enrichment technology, a third plant and finishing the building of a nuclear-powered submarine.

• Wednesday, July 11th 2007 - 21:00 UTC

  Lula da Silva receives Paulson with long list of complaints

  

  US Secretary of the Treasury Henry Paulson received a long list of complaints during his visit Wednesday to Brazil's president Luiz Inacio Lula da Silva, said Finance Minister Guido Mantega who acted as the spokesperson of the meeting in Brasilia.

• Tuesday, July 10th 2007 - 21:00 UTC

  Lula da Silva says ethanol won't hurt Amazon rainforest

  

  President Lula da Silva said that Brazil's booming ethanol business won't hurt the Amazon rain forest, dismissing criticism that the alternate fuel could cause deforestation.

• Thursday, July 5th 2007 - 21:00 UTC

  Massive aid in basic services for Rio do Janeiro slums

  The Brazilian government will spend 1.7 billion dollars to bring running water and other basic services to Rio de Janeiro slums to counter drug gangs that control many of the poor areas, announced President Luiz Inácio Lula da Silva.

• Wednesday, July 4th 2007 - 21:00 UTC

  Basic services aid for Rio's slums to help combat crime

  The Brazilian government will spend 1.7 billion dollars to bring running water and other basic services to Rio de Janeiro slums to counter drug gangs that control many of the poor areas, announced President Luiz Inácio Lula da Silva.

• Wednesday, July 4th 2007 - 21:00 UTC

  Brazil to become a “strategic” partner of the European Union

  The first ever summit between the European Union and Brazil is taking place in Portugal marking the start of what both sides hope will become a new “strategic” partnership on issues such as energy, climate change and human rights.

• Tuesday, July 3rd 2007 - 21:00 UTC

  Brazil offers resettlement for Palestinian refugees from Iraq

  The United Nations High Commissioner for Refugees welcomed an offer by Brazil to resettle an estimated 100 Palestinians formerly living in Iraq starting in mid-September.

• Tuesday, July 3rd 2007 - 21:00 UTC

  Less tourists visited Brazil in 2006 but they spent more

  Foreign visitors to Brazil last year left an estimated 4.3 billion US dollars, up 11.77% over 2005, in spite the number actually dropped and the recurrent air traffic problems in Brazilian skies.

• Friday, June 29th 2007 - 21:00 UTC

  Brazil's unveils ten year 133 billion US dollars oil & gas plan

  

  Energy corporations will invest 133 billion US dollars in the next ten years looking for oil and gas in Brazil according to a release from the country's Ministry of Mines and Energy.