Brazil which currently imports 35% of the natural gas it consumes from Bolivia has found sufficient reserves to ensure self-sufficiency in the coming five years announced Mines and Energy minister Edison Lobao.
Brazilian leading mining company Vale SA is facing one of the toughest periods in our history as far as reserves are concerned, a company executive said Thursday.
Brazil's unemployment rate increased from the previous month in March, data released by statistical office IBGE showed Thursday.The unemployment rate increased to 6.2% in March from 5.7% in February. In March, 2011, the jobless rate was 6.5%.
Paraguay refrigerated beef exports to Brazil soared 202% during March compared to a year ago and is turning the giant neighbour into the main partner for the item replacing Chile, which ceased purchases following an outbreak of Foot and mouth disease a few months ago.
Brazil’s Lower house of Congress on Wednesday approved a bill that weakens the country’s benchmark environmental law protecting the Amazon and other areas, a move that some fear will lead to a spike in deforestation.
Three of Brazil's leading companies said on Wednesday they are increasing investment and exploration in Peru's natural gas sector as the country prepares to build a new pipeline and petrochemical plants.
Loan delinquencies at Brazilian banks fell in March for the first time this year, a sign that households are reining in debt to get current on their obligations, central bank data showed on Wednesday.
Brazil will get US advanced technology transfers if it buys Boeing's F/A-18 Super Hornet fighter jet to upgrade its air force, visiting US Defence Secretary Leon Panetta said on Wednesday.
The Brazilian ‘marvellous city’ of Rio do Janeiro officially declared it is suffering an epidemics emergency of the mosquito transmitted disease of dengue, following confirmed reports of over 50.000 cases so far this year, and 500 in the last week.
Brazilian Defence Minister Celso Amorim and his visiting US peer Leon Panetta considered an increase in cooperation in many different areas including cyber-security, science and military technology and humanitarian assistance during a bilateral meeting held in Brasilia.