Brazil

Friday, December 12th 2014 - 21:07 UTC
US/UK trained Brazil military in torture techniques; British were particularly sophisticated

Officials from the United States and the United Kingdom spent years teaching members of the Brazilian military how to develop and improve their torture techniques during the country’s two-decade long dictatorship (1964/1985), it was confirmed this week by the National Truth Commission, CNV, report.
Friday, December 12th 2014 - 07:06 UTC
Brazil hikes soybean harvest estimate by 5.3m to 95.8 million tons

Brazil's commodities bureau, Conab hiked by 5.3 million tons to 95.8 million tons its forecast for the country's soybean crop, reversing the negative trend in harvest forecasts, citing the benefit from rains in some southern areas. The previous estimate for the crop to be harvested early next year was 90.5m tons.
Friday, December 12th 2014 - 06:37 UTC
Miss Bumbum Indianara wants to give respect to the contest by recovering her 'virginity'

A blonde Brazilian model who shot to fame after she won Miss Bumbum 2014 just as the Kim Kardashian pictures put big backsides back in fashion has had surgery to return her to being a virgin so she can once again enjoy her first time with “someone special”.
Friday, December 12th 2014 - 06:16 UTC
Financial aid from Brazilian government for scandal-hit Petrobras

Brazil's government is wrapping up a financing plan for Petrobras aimed at ensuring the scandal-hit state-controlled oil giant can obtain the funding it needs for its massive investment program.
Friday, December 12th 2014 - 06:03 UTC
Brazilian executives from leading companies formally charged for the Petrobras corruption scandal

Brazilian prosecutors formally charged executives from six of the country's largest engineering firms with forming a cartel to funnel kickbacks from state-run oil firm Petrobras to the ruling political party and its allies.
Wednesday, December 10th 2014 - 07:56 UTC
Weaker Latin American currencies against the US dollar next year

Latin American currencies will lose value against the US dollar in 2015 because of the strong US recovery and lower commodities' prices according to Itau-Unibanco, Brazil's largest private bank which also anticipates a strong fiscal adjustment by President Dilma Rousseff's next administration, in an effort to regain investors' 'confidence'.
Tuesday, December 9th 2014 - 23:08 UTC
Despite Petrobras corruption, Rousseff has strong public opinion support

Seven out of ten Brazilians believe President Dilma Rousseff has some responsibility in the Petrobras corruption scandal, which involves contractors and politicians, according to a public opinion poll from Datafolha, conducted on Dec. 2 and 3, including 2,896 interviews and published by Folha de Sao Paulo.
Tuesday, December 9th 2014 - 08:26 UTC
The man in charge of fighting corruption in Brazil resigns: “I've done my duty”

Comptroller General Jorge Hage, the man in charge of fighting corruption in the Brazilian government, announced his resignation amid a widening graft scandal centered on state-run oil company Petrobras. Hage said he sent President Dilma Rousseff his resignation letter a few weeks ago, after she won re-election for a second term in office.
Monday, December 8th 2014 - 11:12 UTC
Dilma Rousseff after quick transition in Finance given the fiscal deterioration

Brazil's new economic team headed by Joaquim Levy is expected to take office sometime in the next few days after the ruling coalition of President Dilma Rousseff finally managed Congress to approve a loosening of this year's budget targets including the crucial primary budget.
Thursday, December 4th 2014 - 05:09 UTC
Rousseff promises JPMorgan investors a balanced budget and full support of Levy

President Dilma Rousseff said in a letter to investors that one of the main priorities of her second term will be to put Brazil's fiscal accounts in order, sending a strong message that her administration will adopt more market-friendly policies.