Brazil

• Wednesday, September 18th 2013 - 00:38 UTC

  Brazilean hackers miss their target and attacks NASA instead of NSA

  

  Hackers have hit back in retaliation for US cyber-spying on Brazil but mistook the US space agency NASA for the National Security Agency (NSA), a news website reported here Tuesday.

• Wednesday, September 18th 2013 - 00:27 UTC

  Rousseff postpones state visit to Washington over US cyber-spying allegations

  

  Brazilian President Dilma Rousseff on Tuesday postponed a state visit to Washington over allegations of US cyber-spying on her country. She announced the decision after discussing the spying row with US President Barack Obama Monday in a telephone call.

• Tuesday, September 17th 2013 - 20:49 UTC

  Brazil completes construction of largest oil offshore platform and can pump 180.000 bpd

  

  A shipyard has completed the construction of the P-55, Brazil's largest offshore oil platform, which will have the capacity to produce 180,000 barrels per day (bpd) of crude, it was announced by officials.

• Tuesday, September 17th 2013 - 07:10 UTC

  Argentina ratifies interest in Mercosur, but Brazil wants negotiations now

  

  The government of President Cristina Fernandez told the business community on Monday that Argentina has an interest in a ‘balanced’ negotiation between Mercosur and the European Union to reach a political, association and trade agreement. However the timetable approach of Argentina does not seem to fit with the rest of Mercosur, mainly Brazil.

• Monday, September 16th 2013 - 01:29 UTC

  Leading Spanish bank ready to lend 10bn dollars for infrastructure in Brazil

  

  Following a meeting with President Dilma Rousseff, Banco Santander Chairman Emilio Botin said that the Spanish bank has 10 billion dollars available to finance infrastructure projects in Brazil. He also anticipated that loan book growth at Banco Santander Brasil SA would be up about 10% in 2013.

• Monday, September 16th 2013 - 01:19 UTC

  Cartes on a two-day visit to Pacific Alliance member Chile to promote trade and investments

  

  Paraguayan president Horacio Cartes begins on Monday a two-day visit to Chile where he is scheduled to meet his peer Sebastián Piñera and hold a round of talks with business people inviting them to invest in Paraguay. At the end of the month Cartes will be flying to Brasilia to meet President Dilma Rousseff.

• Sunday, September 15th 2013 - 20:22 UTC

  Brazil forecasted to become the leading country in soybean production

  

  Brazil is to top the world soybean production league for the first time, thanks to the incentive to farmers provided from resilient prices and a weak Real, overtaking the US, whose hopes have been dented by drought.

• Sunday, September 15th 2013 - 18:17 UTC

  Brazil and Argentina to coordinate cyber defense to address espionage challenge

  

  Argentine Defence Minister Agustín Rossi and his Brazilian counterpart Celso Amorim issued a joint statement with cyber-defence taking the centre stage of the bilateral agenda, during the official ceremony at the Libertador building, seat of the Defence ministry in Buenos Aires.

• Friday, September 13th 2013 - 00:31 UTC

  President Rousseff pushing new legislation forcing internet companies to comply with Brazilian rules

  

  President Dilma Rousseff is pushing new legislation that would seek to force Google, Facebook and other internet companies to store locally gathered data inside Brazil. The requirement would be difficult to execute, technology experts say, given high costs and the global nature of the Internet.

• Thursday, September 12th 2013 - 00:37 UTC

  Tourism New Zealand picks Sao Paulo as base for Latin American activity

  

  Tourism New Zealand will open a new office in Sao Paulo, Brazil to serve as the base of its new Latin American activity. The announcement was made by Prime Minister John Key and the Minister of Tourism, at the Latin American Business Council lunch this week.