Brazil

Wednesday, October 2nd 2013 - 07:47 UTC
German premium automakers dispute Brazilian market: Mercedes plans factory in Sao Paulo

Germany's Daimler plans to build a new car factory in Brazil, becoming the third German premium automaker to announce such plans within the past year. The company announced it would invest around 170 million Euros to set up a shop in Iracemapolis, near Sao Paulo.
Tuesday, October 1st 2013 - 04:12 UTC
Has Brazil blown it, asks The Economist; Who bets against Brazil, always loses, replies Dilma

Last week Brazil’s Dilma Rousseff reopened her official twitter, closed since January 2011 when she was inaugurated, but now a year ahead of elections has reappeared with the character “Dilma Bolada”, full of music, colour and satire. “Sou Linda, sou diva, sou Presidenta, Sou Dilma” is the slogan of her Facebook with over half a million fans in just a few days
Monday, September 30th 2013 - 16:32 UTC
Paraguay’s Cartes in Brazil to discuss trade, security, cooperation and Mercosur

Paraguay president Horacio Cartes arrived Monday morning to Brazil for a round of talks with President Dilma Rousseff which includes political, economic, energy, trade and security issues, plus the full return of Paraguay to Mercosur, an intricate matter dating back to events of June 2012.
Monday, September 30th 2013 - 16:29 UTC
UK minister in Brazil at scientific research and education program signing ceremonies

UK Minister of State for Latin America at the Foreign & Commonwealth Office Hugo Swire is in Porto Alegre, south Brazil where he will attend the signing for a Memorandum of Understanding between the King’s College and the Federal University of Rio Grande do Sul on biological research.
Saturday, September 28th 2013 - 05:08 UTC
Petrobras makes ‘beautiful’ discovery and generates a new promising oil province

Brazil's Petrobras and its Indian partners have made a “beautiful” oil discovery off Brazil's northeast coast, Sergipe-Alagoas basin, and it will produce a minimum 100,000 barrels of petroleum a day starting in 2018, the company's CEO said on Friday.
Saturday, September 28th 2013 - 04:48 UTC
Rousseff is running for re-election: turns on her twitter after three years of silence

Breaking almost three years of silence from her official Twitter account, Brazilian President Dilma Rousseff on Friday sent a series of tweets joking with a famous parody account and defending Brazil’s economy.
Friday, September 27th 2013 - 21:40 UTC
Jobs market remains strong in Brazil; unemployment down to 5.3% in August

Brazil's jobless rate fell unexpectedly and salaries jumped in August from the previous month, government data showed this week. It was the second consecutive month-to-month drop in Brazil's jobless rate, which remains close to record lows.
Thursday, September 26th 2013 - 06:39 UTC
Brazilian industry forecasts higher GDP growth this year: 2.4%

The Brazilian industrial federation on Wednesday upped its 2013 growth forecast to 1.4% from 1% and its GDP growth projection from 2% to 2.4%. But, despite the better data, the National Confederation of Industry (CNI) urged caution. “The improved economic outlook is no guarantee of a strong growth rate,” it said.
Thursday, September 26th 2013 - 06:27 UTC
Brazil’s “Clean record” bill shows a third of lawmakers have pending bills with Justice

The recently approved Transparency Law has exposed that at least a third of the 594 Brazilian federal lawmakers have pending bills with criminal and administrative courts referred mainly to cases of corruption, which is expected to have an impact in the coming elections of next year when most of Congress will be renewed.
Thursday, September 26th 2013 - 06:01 UTC
Brazil’s main manufacturing lobby calls for urgent resumption of trade talks with EU

The powerful manufacturers lobby, Sao Paulo’s Industry Federation, Fiesp believes a free trade agreement between Mercosur and the European Union is very much needed so that Latam’s largest economy climbs out from the “commercial isolation” in which it currently stands.