Brazil

• Tuesday, September 30th 2014 - 04:40 UTC

  Brazils' Bovespa and Real plunge as Dilma climbs in polls with less than a week to election

  

  Brazilian financial markets took a beating on Monday after polls showed President Dilma Rousseff pulling past challenger Marina Silva ahead of Sunday's election. The Brazilian currency closed at its weakest level since December 2008 while the benchmark Bovespa stock index notched its biggest one-day loss in over three years.

• Tuesday, September 30th 2014 - 01:15 UTC

  Brazil suspends Vietnam pangasius import licenses because of sanitary reasons

  

  The temporary ban imposed by the Brazilian government on Vietnamese pangasius (Pangasius spp.) imports because of sanitary reasons and lack of phyto-sanitary controls, represents a great opportunity to increase Argentine hake (Merluccius hubbsi) shipments to the leading Mercosur partner.

• Monday, September 29th 2014 - 09:16 UTC

  Rousseff pledges media regulation (but not content) if re-elected this week

  

  Brazilian president Dilma Rousseff, seeking re-election next week, says she will pursue media regulation if she returns for a second term, seeking to boost pluralism without influencing editorial content, according to media reports.

• Monday, September 29th 2014 - 08:47 UTC

  Opening the economy “would be a disaster for Brazilian industry” states Rousseff minister

  

  Anticipating what could be policy under a second government of President Dilma Rousseff, her Trade Minister Mauro Borges told Brazilian daily Folha do Sao Paulo that opening the country to more foreign trade would be a “disaster for Brazilian industry” and lead to the “mexicanization” of the economy, in reference to the light assembly factories known as “maquiladoras” that dominate Mexico’s non-oil exports.

• Saturday, September 27th 2014 - 09:08 UTC

  Relief for Dilma: unemployment rate in August remained at 5%

  

  Brazil's jobless rate rose in August to its highest in six months despite stronger job creation, adding to signs that the economic recession is eroding a robust labor market. The non-seasonally adjusted jobless rate stood at 5.0 percent in August, up from 4.9% in July, statistics agency IBGE announced.

• Saturday, September 27th 2014 - 06:34 UTC

  Marina Silva pledges to de-politicize regulatory agencies and state corporations

  

  Brazilian presidential candidate Marina Silva vowed to de-politicize regulatory agencies that she says do more to win favor with government allies than ensure fair and efficient markets in Latin America's biggest economy.

• Saturday, September 27th 2014 - 06:17 UTC

  Lula da Silva the decisive campaign factor in Brazil's presidential election

  

  Dilma Rousseff has stopped her erosion in opinion polls as she seeks a second term as Brazil’s president, even reversing the trend with only days left before the election, greatly thanks to her predecessor and mentor Lula da Silva.

• Friday, September 26th 2014 - 07:44 UTC

  Marina Silva pledges economic stability and a “fiscal responsibility council”

  

  Former Environment Minister Marina Silva, one of the two main contenders in Brazil's Oct. 5 presidential election, said on Thursday that, if elected, she will not embark on any “adventure” in economic policies.

• Thursday, September 25th 2014 - 06:44 UTC

  Brazil calls for 'true reform' of Security Council and the 're-launching' of global economy

  

  Following the opening remarks by UN Secretary General Ban Ki-moon, Brazil’s president Dilma Rousseff was the first head of state to address the General Assembly on Wednesday. She called for a “re-launching of global economy” and a “true reform” of the UN Security Council.

• Thursday, September 25th 2014 - 03:14 UTC

  Brazil scrambles to support the Real; as Dilma recovers in the polls the currency falls

  

  Brazil’s Real advanced from a seven-month low as the central bank signaled it will maintain support for the currency when it increased the number of foreign-exchange swap contracts offered in a rollover.