The recent Confederations Cup football tournament helped boost international tourist income to Brazil to record levels in the first half of the year, according to the latest stats from the Brazilian Tourist Board, Embratur.
The first decline in food prices in two years provided temporary assistance to Brazilian President Dilma Rousseff’s efforts to tame inflation. Prices as measured by the benchmark IPCA index rose 0.03% in July and more encouraging with prospects for prices to remain unchanged.
“Until when will we allow ideology to prevail over economics, markets, competitiveness grounding the great vessel of Brazilian trade in the port of little regional pretensions”, asks Katia Abreu in a column published in Folha de Sao Paulo openly criticizing the administration of Dilma Rousseff for its Mercosur policy and the results of the recent Montevideo summit.
Indigenous peoples’ rights and police violence are the focus of a High Level Mission (HLM) by Amnesty International’s Secretary General, Salil Shetty in Brazil where he is scheduled to meet with top politicians and officials to discuss an array of human rights abuses and violations which need to be addressed.
Car production in Brazil slipped in July to the lowest daily rate in five months as factories, facing sagging consumer confidence scaled back output industry data showed on Tuesday.
Mercosur has become characterized for “bad leadership and worse presidents” of the countries that make up the block, since there is no incentive for the regional organization and it has become “an ideological battle political field”, said Cesario Ramalho da Silva, president of the Brazilian Rural Society.
Brazil's total output oil and natural gas output rose in June, the first year-on-year increase in 15 months, as fields idled for repairs came back on line and new areas boosted production, Brazil's petroleum agency, the ANP, said on Friday.
Bribing a public official in Brazil could become a very onerous mistake for local and foreign businesses under a law enacted that for the first time makes companies liable for bribes paid by their employees.
Brazil's investment in science has reached an all-time high, with the science ministry's budget increasing from 8.6 billion Real (about 3.8 billion dollars) in 2012 to 12.7 billion Real (around 5.6bn) this year, according to science minister Marco Antonio Raupp.
Brazil on Thursday expressed support for the IMF latest aid package for Greece, disavowing its IMF delegate who abstained in a vote on the issue. Finance Minister Guido Mantega spoke with IMF chief Christine Lagarde and backed the Fund's decision to release 1.7 billion Euros in rescue loans to ailing Greece Monday, his spokesman said.