Brazil

Friday, September 20th 2013 - 07:30 UTC
Brazil with no labs to handle drug testing for the 2014 World Cup

With one lab suspended and its replacement unfinished, Brazil won't be able to handle drug testing for the 2014 World Cup alone and is looking overseas for help. The executive director of the country's anti-doping authority said the new lab in Rio de Janeiro should be running a year before the 2016 Olympics. But, Marco Aurelio Klein added, the lab won't be ready for the World Cup next June and July.
Thursday, September 19th 2013 - 21:23 UTC
Brazilian presidential hopeful steps down from Rousseff’s coalition

Eduardo Campos, one of Brazil's most popular state governors, came one step closer to a presidential bid this week when his party withdrew from President Dilma Rousseff's seventeen parties’ coalition government. The Brazilian Socialist Party decided to pull its two ministers from Rousseff's cabinet to give Campos freedom to run in elections in October 2014.
Thursday, September 19th 2013 - 08:04 UTC
Brazil’s Supreme Court reopens country’s biggest corruption trial

Brazil's Supreme Court has narrowly ruled in favour of reopening the country's biggest corruption trial. The court agreed that 12 of 25 people convicted in a scheme using public funds to pay parties for political support could have appeals heard.
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.