Brazil

Thursday, May 1st 2014 - 07:08 UTC
Rousseff bids for re-election and announces benefits for her electoral base

President Dilma Rousseff said on Wednesday she will seek re-election in October, even though some are calling for the return of her popular predecessor president Lula da Silva. Rousseff, who belongs to Lula's Workers Party and was his protegée, said she hoped to have the support of all the parties allied with her government.
Wednesday, April 30th 2014 - 09:27 UTC
Rio's Olympics preparations “plagued with delays”; city full of “social issues”

International Olympic Committee (IOC) vice president John Coates has called Brazil's preparations for the 2016 Rio Games “the worst” in his experience and critically behind schedule, but warned there was no “plan B” to find another host.
Wednesday, April 30th 2014 - 09:22 UTC
Argentina and Brazil agree to further integrate and prop their auto industries

Argentina and Brazilian officials agreed to continue meeting regularly to solve as soon as possible bilateral trade problems mainly those referred to the auto industry. On Tuesday Argentine Finance minister Axel Kicillof and Industry minister Deborah Giorgi met their Brazilian counterparts, Guido Mantega and Mauro Borges in Brasilia.
Tuesday, April 29th 2014 - 06:37 UTC
Brazilian coalition members want 'Lula back' for October's election

At least twenty members of Brazil's Lower House belonging to the ruling coalition have formally asked for the return of former president Lula da Silva as candidate for next October's election given 'the current economic situation of the country', which in practical terms means dumping Dilma Rousseff's re-election pretensions.
Tuesday, April 29th 2014 - 06:31 UTC
Argentina and Brazil plan to prop economies by stimulating the auto industry

Argentine Economy Minister Axel Kicillof and Industry Minister Débora Giorgi fly to Brasilia on Tuesday in a bid to swing the automobile trade balance in Argentina’s favor, with the sector accounting for the majority of a total 3.15 billion dollars trade deficit. From Brazil Finance minister Guido Mantega confirmed bilateral discussions on the auto industry and exports.
Tuesday, April 29th 2014 - 06:09 UTC
Buses torched in Rio after a youth dies in shootout with the police

Residents of a northern suburb of Rio do Janeiro torched five buses Monday shortly after a 17-year-old youth died in a shootout between criminals and police, Brazilian media reported. The incident again put a harsh spotlight on security in the country, just six weeks before Brazil hosts the football World Cup, with Rio staging seven matches including the July 13 final.
Monday, April 28th 2014 - 23:53 UTC
Coffee prices soar as Brazil's crop plummets because of adverse weather

Because of adverse climate conditions Brazil’s Arabica coffee prices have recently surged 94%, to 2.144 dollars for half a kilogram ($2.30) on the New York futures market.
Monday, April 28th 2014 - 23:40 UTC
FIFA's Valcke downplays 'favelas' violence: “finally we will be talking about football”

FIFA secretary general Jerome Valcke downplayed recent violence in the favelas of Rio de Janeiro as a threat to the upcoming World Cup. The city was the scene of violent outbursts last week when a dancer was found dead with his friends and family blaming the killing on the police.
Monday, April 28th 2014 - 08:48 UTC
Chinese minister underlines the 'strategic' significance of Brazil for Beijing

The relationship between China and Brazil has “extensive significance” due to their position as two primary emerging market countries and economies, visiting Chinese Foreign Minister Wang Yi said here in Brasilia.
Monday, April 28th 2014 - 08:42 UTC
Brazil's current account deficit climbs to 3.6% of GDP during March

Brazil's current account deficit narrowed in March after an improvement in the trade balance, but it was still the second largest on record for that month, central bank data showed. The country posted a current account deficit of 6.248 billion last month, down from 7.445bn in February.