Brazil will maintain plans to raise domestic fuel prices this year, despite a sharp drop in international crude oil prices, to help debt-laden state-run oil company Petrobras, a government source said this week.
Petrobras announced a new oil output record in Brazil, during September with an average of 2.23 million barrels of oil per day (bpd) production in the country, including in this total the fields operated by the state-owned company for its partners. The volume is 0.3% higher than breaks August record.
Chile is confident that in coming months there will be 'significant' advances in a convergence of the Pacific Alliance and Mercosur, said Andres Rebolledo, Chile's Deputy Trade minister during a visit to Brazil.
Germany's BMW Group celebrated last week the first car to be assembled in its new Brazilian automobile plant in Araquari, Santa Catarina State, where over the course of the next few years, more than 200 million Euros will be invested in the plant, resulting in a production capacity of more than 30,000 vehicles annually.
Business-friendly opposition candidate Aecio Neves received a crucial boost in Brazil's presidential election race on Sunday with the endorsement of popular environmentalist Marina Silva two weeks before his runoff against incumbent Dilma Rousseff.
Deep reforms and opening Mercosur to the world will be proposed by opposition candidate Aecio Neves to the other full members, if finally he is elected to lead Brazil in the 26 October runoff against president Dilma Rousseff, said Rubens Barbosa a trade expert, former ambassador in the US and currently coordinator of the opposition government program.
Brazilian Health Minister Arthur Chioro said on Friday the results of tests on a patient suspected of Ebola infection would take 24 hours. At a press conference in Brasilia, the minister assured the situation was under control and that proper precautions had been taken to isolate the patient.
Pro-business candidate Aecio Neves has a slight lead of 2 percentage points over President Dilma Rousseff ahead of the October 26 runoff in Brazil's presidential elections, according to two new polls released on Thursday.
The political party that launched environmentalist Marina Silva's unsuccessful presidential bid has thrown its support behind pro-business candidate Aecio Neves for Brazil's Oct. 26 runoff vote against populist President Dilma Rousseff.
Brazil's annual inflation rate in September rose way above the official target to the highest in nearly three years, giving fresh ammunition to opposition candidate Aecio Neves in a run-off vote later this month against President Dilma Rousseff.