German Chancellor Angela Merkel replied on Monday to Brazilian president Dilma Rousseff claims that Europe is involved in a “monetary tsunami” arguing that developed countries are very concerned with Brazil’s protectionist measures.Merkel and Rousseff met at Hannover where the Brazilian president was invited to open a high technology event.
FIFA Secretary General Jerome Valcke apologized to Brazil on Monday after the country's government officially informed FIFA that it would no longer deal with him because of his remarks about its preparations for the 2014 World Cup.
Brazil's Sports minister says he has delivered a letter telling FIFA that it won't deal with Secretary General Jerome Valcke during the country's preparations for the 2014 World Cup.
Brazil’s 2011/12 soybean and corn crops are forecasted to be slightly lower than the original February estimates according to the latest release from industry and market analyst.
Mercosur country members are scheduled to hold a meeting in Rio do Janeiro to agree on a common protocol for all vessels originating in the Falkland Islands and calling at regional ports, announced Uruguay’s Defence minister Eleuterio Fernandez Huidobro.
Brazilian President Dilma Rousseff slammed rich nations on Thursday for unleashing a tsunami of cheap money that was cannibalizing poorer countries such as her own, forcing them to act to protect struggling local industries.
United States remains interested in a possible purchase of light attack aircraft made by Brazil's Embraer despite cancelling a contract this week, a top US official said Thursday.
The Uruguayan Navy and Coast Guard impeded 13 Brazilian flagged trawlers from entering sovereign waters to fish, according to an official release from the Presidency website
Brazilian central bank survey showing interest rate levels are inconsistent with the country’s inflation target won’t alter policy makers’ strategy of lowering borrowing costs further, bank President Alexandre Tombini said.
Brazil is eager to finalize a free trade agreement between the GCC (Gulf Cooperation Council) and the Mercosur bloc but believes the petrochemicals sector will be exempted until further study after the signing, said Brazilian Trade and Industry Minister Fernando Pimentel.