Former Brazilian environment minister Marina Silva has agreed to run for vice president in October elections on the presidential ticket of Eduardo Campos, the governor of Brazil’s Pernambuco state, O'Globo newspaper reported. Silva, who will make her intention publicly known by mid-February, could announce her candidacy at a January 17 meeting of leaders of Campos’ Brazilian Socialist Party (PSB).
Brazil's Finance Minister Guido Mantega insisted on Friday that the government is keeping spending under control as he sought to calm anxiety about the deterioration of the government's accounts. The minister said the primary budget surplus, (excess of revenue over expenditure before debt payments) would be above the goal of 73 billion Brazilian Reais for 2013 (30.5bn dollars), equivalent to about 1.5% of gross domestic product.
Brazil has created a special riot force to help police control demonstrations expected during the World Cup later this year. Colonel Alexandre Augusto Aragon, who heads the elite National Security Force, was quoted in local news on Friday as saying that 10,000 riot troops selected from state police forces throughout Brazil will be deployed in the 12 cities hosting World Cup games June 12-July 13.
Brazil posted its lowest trade surplus in 13 years on Thursday, at 2.56 billion dollars for 2013, the trade and commerce ministry said, citing rising imports. The country's foreign trade association AEB had previously warned that 2013 could see the first full-year trade deficit since 2000, which compares with a 19,4bn dollars surplus in 2012
Brazil's oil and natural gas output rose 2.87% in November compared with the same month a year earlier as new oil fields came on line and platforms under maintenance returned to operation, Brazil's oil regulator, the ANP, said on Friday.
FIFA announced the appointment of Aggreko as a Branded Licensee for the 2014 FIFA World Cup Brazil. As part of this agreement Aggreko will provide temporary broadcast power solutions for the International Broadcast Centre (IBC) and the stadiums in all twelve Host Cities of the 2014 FIFA World Cup.
Brazil's general price index, known as the IGP-M, more than doubled in December, posting a rise of 0.60% compared with a 0.29% increase in November, the Getulio Vargas Foundation said Friday.
The Brazilian government said on Friday it will raise a tax on operations with debit cards and travelers checks made abroad, in a move that will raise the country's tax intake by 552 million Reais (234.65m dollars) per year.
The president of the Brazilian Senate, Renan Calheiros had decided to return the equivalent of public funds he used to fly on a Brazilian Air Force (FAB) aircraft from Brasilia to Recife, where he underwent a hair implant.
Brazilian Government has decided that any future bidding rounds involving pre-salt blocks will only be launched according to the local industry capability to supply the demand in equipment and services needed by the sector. Local industry has been struggling to keep up with the demand placed by O&G players already involved in pre-salt E&P in Brazil, which are all Petrobras partners, such as BG and others.