Brazil

Thursday, March 14th 2013 - 09:14 UTC
Falkland Islands’ referendum, Argentina should yield to reality and peoples’ self determination says Brazilian daily

Under the heading of “Malvinas: British” the influential Brazilian newspaper Folha de Sao Paulo describes the 99.8% result of the Falklands referendum as a “compelling defeat” for the Argentine government and a litigation hard to sustain when international law rests more on the peoples’ perspective than in the historic, real or imaginary territorial possession.
Thursday, March 14th 2013 - 09:07 UTC
Argentina furious with Brazil over cancelling of 6bn potash development project

The government of President Cristina Fernandez is furious with the Brazil-based Vale mining company for suspending its 6 billion dollars potash development in Mendoza, the largest investment in Argentina in recent years.
Thursday, March 14th 2013 - 08:58 UTC
Falkland Islands’ referendum vote blasted unanimously in both Houses of Argentina’s Congress

The Argentine Congress in extraordinary sessions held on Wednesday in both Houses unanimously rejected the Falkland Islands referendum in which the local population overwhelmingly decided to remain as a British Overseas Territory.
Monday, March 11th 2013 - 05:37 UTC
Brazil pledges support for Venezuelan transition but takes distance from Chavez populism

By leaving Venezuela before Friday’s funeral ceremony for leader Hugo Chávez, Brazilian President Dilma Rousseff was once again trying to chart out a more moderate signal to investors and diplomats, plus probably avoiding Iranian president Mahmoud Ahmadinejad, whom contrary to her predecessor Lula da Silva, she has strongly criticized.
Monday, March 11th 2013 - 05:32 UTC
Brazil to scrap federal taxes on food staples to lower inflation

Brazil announced it will scrap federal taxes on certain food staples and toiletries, the latest in a series of measures to curb prices after a surprise jump in inflation in February triggered alarm bells.
Thursday, March 7th 2013 - 11:17 UTC
Brazilian military regime supported financially Chilean dictator Pinochet

Recently uncovered government documents reveal that former Chilean dictator Augusto Pinochet received 115 million dollars of support from the Brazilian military government during the 1970s.
Thursday, March 7th 2013 - 06:42 UTC
Cash-short Petrobras shares surge following raise in diesel prices

Brazil’s Petrobras shares surged in Wednesday trading after the company surprised investors with a 5% increase in domestic diesel wholesale prices. The latest increase helps offset investor disappointment with January's lower-than-expected jump in gasoline and diesel prices, which had pushed Petrobras's shares to a seven-year low in recent sessions.
Thursday, March 7th 2013 - 06:39 UTC
Brazil basic rate unchanged at record low 7.25%, but inflation could reverse policy

Brazil’s central bank on Wednesday kept its benchmark rate at a record low 7.25% for the third straight meeting as policy makers seek to prop the anaemic economy which last year only advanced 0.9%.
Thursday, March 7th 2013 - 06:33 UTC
US soy exports with a price edge over Brazil plagued with logistical shipment problems

US farm officials forecast a tough autumn battle between Brazilian and US soybean exports, as Brazil attempts to make up for a poor start to 2012-13, with shipments hurt by logistical hiccups. US Department of Agriculture staff in Brasilia, while cutting their forecast of the Brazilian soybean crop to 82.5m tons, stood by a forecast of soybean exports of 39m tons for 2012-13, report agrimoney.
Thursday, March 7th 2013 - 06:27 UTC
Nine Brazilians join the Forbes list of new billionaires

On the 2013 Forbes World’s Billionaires List, of 1.426 billionaires, there are 210 newcomers from 42 countries. Nine of those newcomers are from Brazil, bringing the total count in that country to 46 billionaires. Three of the newcomers in Brazil are women. According to Forbes the Brazilian newcomers who have joined the Forbes Billionaires ranks in 2013 are: