Brazil sold about 3.2 billion dollars of new global bonds due in 2025, more than twice the original launch amount, as it paid the largest premium over U.S. Treasuries for a similar maturity since 2009 (approx 4.3%). The National Treasury is also buying back about 2 billion dollars of high-coupon notes maturing between 2017 and 2030.
Petrobras has sufficient funds on hand to pay its share of a hefty Brazilian government fee for operations at the Libra offshore pre-salt oil field and won't need to request a fuel-price increase to meet the obligation, the company's president Graca Foster said on Wednesday.
An agreement has been signed by INTERPOL and the Rio 2016 Organizing Committee for the world police body to provide additional support to the Brazilian authorities in ensuring the safety and security of the event.
Former president Lula da Silva described the street protests that have shaken Brazil as something 'good and healthy' and said demands reveal that the Brazilian people have discovered that it is possible to aspire for more, although when as a union leader he marched I didn't destroy public or private property.
Uruguay and Brazil have concluded their proposals to present to the European Union and are waiting for Argentina and Paraguay, in the framework of current negotiations, delayed for years, to reach a free trade and cooperation agreement between the two blocs.
The British Science and Innovation Network and the Confederation of Brazilian Funding Agencies (Confap) have taken nine funding agencies to the United Kingdom for a week long of meetings with their counterparts and other scientific organizations and universities.
Brazil sold production rights to develop the giant offshore Libra oil area to a consortium led by Brazilian state-run oil company Petroleo Brasileiro SA in an auction with a single bid on Monday. The auction in Rio do Janeiro took place amid strict security measures with hundreds of police forces clashing with protestors.
Brazil will inject less money next year into the country's development bank BNDES, (National economic and social development bank), its leading source of long-term corporate loans, to focus more on infrastructure financing as concerns mount over public debt.
Brazil trusts Paraguay will fully return to Mercosur before the end of the year, said Brazil's Executive foreign policy advisor Marco Aurelio Garcia in a Sunday edition interview with the influential Folha de Sao Paulo.
Brazil will not return opposition Senator Roger Pinto to Bolivia, who last August fled the country with the help from Brazilian diplomats, said President Dilma Rousseff advisor on foreign affairs Marco Aurelio Garcia.