After selling concessions for the expansion and operation of three major airports and a highway earlier in 2012, Brazil is preparing a plan to sell 10-year highway maintenance contracts without tolls, a newspaper said on Thursday.
Uruguay has the second most expensive per capita Legislative branch and also as a percentage of the government’s overall expenditure, although Uruguayan lawmakers earn half their best paid neighbours in Brazil, according to reports in the Montevideo press.
Passengers and crew from the Italian cruise vessel MSC Armonia had to undergo a medical check-up when they docked in Montevideo Tuesday morning following the death of a member of the crew who is believed to have caught a type of flu virus.
Brazilian banks have increased their reserves by 21% to the equivalent of 67.3 billion dollars fearing a possible moratorium while consumers are facing growing problems to address payments, according to the Sunday edition of Correio Braziliense
Brazilian president Dilma Rousseff said the government will implement fiscal and credit access measures to stimulate production and exports with the purpose of gaining competitiveness in a global context of crisis.
The Brazilian Executive Public Ethics Committee will investigate alleged corruption claims involving Development, Industry and Foreign Trade minister Fernando Pimentel. Jose Paulo Sepulveda Pertence said the investigation will focus on media reports that exposed Pimentel activities as business consultant for private companies in 2009 and 2010.
Brazilian health minister Alexandre Padilha warned on Thursday that the city of Rio do Janeiro is exposed to potentially one of the worst epidemics of the mosquito transmitted dengue disease in recent history.
Recently inaugurated Minister for Women policies Eleonora Menicucci has raised eyebrows in chauvinistic Brazil after having publicly admitted to two abortions and bi-sexual experiences
Brazil will cut 55 billion Reais (32 billion dollars) from this year’s budget to allow interest rates to fall, while increasing investment to boost growth in the world’s second-biggest emerging market.
TAM, Brazil's largest airline, reported a fourth-quarter profit on rising ticket prices, fanning expectations of more profitable operations in the year ahead despite recent cost pressures.