Brazil's economic activity grew at a slightly slower pace than expected in June despite strong industrial output, data showed on Thursday. The central bank's IBC-Br index climbed 1.13% in June from May in seasonally adjusted terms, up from a decline of 1.50% in the previous month.
Conservative businessman Horacio Cartes was sworn in as president of Paraguay on Thursday, amid slowly improving relations with South American neighbors, and Mercosur members, damaged by the 2012 removal of populist President Fernando Lugo, who was impeached on incompetence.
Most presidents and top authorities that will attend the inauguration of Paraguayan president-elect Horacio Cartes on Thursday morning arrived in Asunción on Wednesday and most of them have already held private meetings with the future leader of the country.
Brazilian Sports Minister Aldo Rebelo has said he is worried about delays at five stadiums still being built for next year's football World Cup. Rebelo said the pace of construction must be accelerated if the venues are to be ready by this December.
The newest ship in the Brazilian navy's fleet has left the UK on a journey of more than 16.100km to Brazil. “Araguari” which sailed from Portsmouth is the third of three Amazonas class ocean patrol vessels delivered to the Brazilian navy by BAE Systems.
US military believed that the links between the Colombian guerrilla groups and the drug lords at the end of the eighties was a matter of concern but a short term issue, according to declassified minutes of a meeting of US and Brazilian military officers, published by O Estado de Sao Paulo.
Brazil warned US Secretary of State John Kerry on Tuesday that failure to resolve the row over Washington's electronic spying could sow a shadow of mistrust between the countries.
The military dictatorship that ruled Brazil from 1964 to 1985 was planning to develop an atomic bomb according to secret documents from the Armed Forces Chief of Staff to which the influential newspaper O Estado de Sao Paulo had access and released details.
Brazil and Uruguay want to speed a trade agreement with the European Union but without abandoning Mercosur, and making it clear that they are willing to advance at “a different speed” than the rest of the group’s members, revealed a reliable source from the government of President Jose Mujica in Montevideo.
Brazil, Latin America‘s biggest economy, is planning to try to negotiate a separate trade deal with the European Union, Foreign Minister Antonio Patriota said in remarks published Monday.