Brazil

Wednesday, November 19th 2014 - 06:57 UTC
Petrobras corruption: plea bargains with the return of 165m dollars with five accused

Five people accused in a corruption scandal at Brazil's state oil giant Petrobras have agreed to return 165 million dollars to the public purse in plea bargains with prosecutors, a newspaper reported Tuesday.
Tuesday, November 18th 2014 - 11:19 UTC
Bolivia confident Mercosur incorporation process will be ironed out at the next summit

Bolivia trusts that at the coming Mercosur summit in Argentina it can advance in solving the “technical-legal” difficulties that are delaying the country's full membership of the trade and political group. Allegedly one of the main differences rests in neighboring Paraguay and how it would accept Bolivia's incorporation.
Tuesday, November 18th 2014 - 08:22 UTC
Rousseff pledges that Petrobras corruption case “will change the country forever”

Brazil's President Dilma Rousseff said investigations into corruption at the state-owned oil company, Petrobras, could change the country forever. This was the first time she spoke since the arrest on Friday of 23 people suspected of corruption and money-laundering.
Tuesday, November 18th 2014 - 06:12 UTC
China and Brazil confirm closer trade and investment ties

Chinese President Xi Jinping met his Brazilian counterpart Dilma Rousseff in Australia on the sidelines of the G20 summit, calling for substantial progress in China-Brazil railway cooperation and further expanding trade and investment.
Tuesday, November 18th 2014 - 06:02 UTC
Rousseff wants to improve ties with Washington, but hurdles and attitudes persist

Brazilian President Dilma Rousseff, who cancelled a White House trip last year in anger over U.S. spying revelations, now wants to improve ties and reschedule the state visit - but some U.S. officials warn it might not be that easy.
Saturday, November 15th 2014 - 08:12 UTC
Brazilian police kill an average of six people per day, says public safety group

Brazilian police killed more than 11,000 people between 2009 and 2013 with an average of six a day, a public safety group has said. The study by the Sao Paulo-based Brazilian Forum on Public Safety said police nationwide had killed 11,197 people over the past five years, while law enforcement agents in the US had killed 11,090 in the past 30 years.
Saturday, November 15th 2014 - 08:04 UTC
Stats bash Roussef: Brazil lost jobs in October for the first time since 1999

Brazil lost jobs in October for the first time in at least 15 years, revealing the delicate state of the economy ahead of potential tax hikes and government austerity. Labor Ministry data showed on Friday that Latin America's largest economy unexpectedly trimmed 30,283 net payroll jobs in the tenth month of the year, the worst reading for the month since the data series began in 1999.
Saturday, November 15th 2014 - 07:52 UTC
Something stinks in Petrobras: former director and leading contractors CEOs arrested on bribery charges

Brazilian police arrested a former Petrobras executive on Friday, sending the state-run oil company's shares and bonds down after a widening corruption scandal forced it to delay the release of its financial results.
Friday, November 14th 2014 - 08:03 UTC
Fears of a new Chikungunya viral strain in Brazil with the coming of summer

The Chikungunya outbreak which continues to affect thousands of Caribbean residents since it first appeared in St. Martin last year has been relatively self-limiting in the United States, due to the fact that the current strain only spreads through the Aedes egypti mosquito vector, which is uncommon on the US Eastern seaboard.
Friday, November 14th 2014 - 06:38 UTC
Brazil's Rouseff re-election: lower expectations

By R. Viswanathan (*) - The reelection of President Dilma Rouseff means continuation of the slow growth of the Brazilian economy and a lower likelihood of much-needed, major political and economic reforms. India should lower its expectations on a global partnership with Brazil.