Brazil’s current account deficit surged to a record high in January, outpacing foreign direct investment for the third straight month because of the widening trade gap according to central bank data.
Monsanto Company announced plans to file an immediate appeal of a recent ruling by a single judge of the Brazilian Superior Court of Justice, relating to the company's request for term correction of a patent covering its Roundup Ready soybean product.
Brazil's President Dilma Rousseff met with Nigeria’s President Goodluck Jonathan in Abuja on Saturday to discuss boosting trade and investment between the two countries, particularly in the energy sector and cooperation in several other fields. The brief visit was sufficient for the two presidents to sign an ambitious memorandum of understanding.
Brazil's 2014 election season got off last week with the unofficial launch of President Dilma Rousseff's re-election campaign by her mentor and predecessor Lula da Silva during the celebration of the ruling Workers Party tenth year in power.
British tabloid The Sunday Times indicated on Sunday that the Iran-Argentina accord on the investigation of the AMIA bombing case could also hide a joint missile development project. Furthermore, the paper assured “Argentina is developing missile technology that could threaten the Falkland Islands.”
Catholicism in Latin America is lively and dynamic, Brazilian Cardinal Raymundo Damasceno Assis said on Sunday, suggesting that the church look to Latin America for leadership. Damasceno is one of the 117 cardinal electors that will participate in the upcoming conclave to elect a new pope, following Benedict XVI announcement he is stepping down at the end of the month.
Brazil's economy grew 1.35% in 2012, above the market forecast of 1 percent, according to the Central Bank estimate. The official and final figure will be released by the Brazilian Institute of Geography and Statistics (IBGE) on March 1.
Brazil and Russia signed several agreements in different fields geared to increase trade and to advance in defense, energy and agriculture cooperation, including the purchase of Russian anti aircraft missile batteries on condition that Moscow agrees to transfer technology.
Famed Cuban dissident Yoani Sanchez defended before the Brazilian Congress the end of the US economic embargo and called for the closing down of the US Guantanamo military base.
Mercosur will retake next March technical discussions for a new proposal to be presented to the European Union for a trade and cooperation agreement, announced Argentine Foreign minister Hector Timerman next to his peer Antonio Patriota following bilateral talks on Wednesday in Rio do Janeiro.