Brazil

Tuesday, January 8th 2013 - 20:37 UTC
Record year for car sales in Brazil, but production was down 1.9% in 2012

Brazil, the world's fourth largest car market, sold a record 3.8 million vehicles last year, according to industry data released this week. Brazil's National Association of Motor Vehicle Manufacturers (ANFAVEA) reported that sales were up 4.6% on the previous year despite a 1.9% drop in production, the first decline since 2002.
Tuesday, January 8th 2013 - 20:21 UTC
Corn-seed sales in Brazil, Argentina and Mexico help Monsanto with record earnings

US agricultural giant Monsanto Tuesday posted a large increase in quarterly earnings on strong results in corn seed sales in the US and Latin America and better sales of pesticides. The St Louis-based corporation said net income for the first quarter was 339 million dollars, up from 126 million a year earlier.
Tuesday, January 8th 2013 - 20:06 UTC
Top animal health organization calls on countries to lift ban on Brazilian beef

The head of the World Animal Health Organization (OIE) called on countries that are banning Brazilian beef imports, following a case of mad cow disease last month, to lift restrictions as soon as possible, saying they were not justified.
Tuesday, January 8th 2013 - 19:50 UTC
British Gas plays the Brazil card and begins oil production in pre-salt Santos basin

British Gas started oil production at the Sapinhoa field off Brazil, one of the “Big Five” discoveries in the pre-salt Santos Basin. Along with Petrobras and Repsol, BG plans to pump an initial 25.000 barrels a day from the deposit in BM-S-9 Block, the England-based producer said in a statement.
Tuesday, January 8th 2013 - 19:40 UTC
Brazil prepares to be a great World Cup host: sensual sexy words, in English pls

Taxi drivers and bellboys aren't the only ones going back to school to learn a little English ahead of the 2014 World Cup to be hosted in various cities across Brazil.
Tuesday, January 8th 2013 - 00:18 UTC
“Delivery” cat caught red-handed with saws and drills entering Brazilian jail

A cat, which was busted in a Brazilian prison with saws and drills strapped to its body, has remained silent on the details of an apparent jailbreak plot. ¬The feline was caught in a Brazilian prison while trying to deliver tools that could help inmates escape incarceration.
Saturday, January 5th 2013 - 05:41 UTC
Blackouts and agriculture collapse forecasted in drought stricken north-east Brazil

North-east Brazil is suffering its worst drought in decades, threatening hydro-power supplies in an area prone to blackouts and potentially slowing economic growth in one of the country's emerging agricultural frontiers.
Friday, January 4th 2013 - 23:40 UTC
Brazil appeals to sovereign fund and state companies’ profits to meet 2012 fiscal target

Brazil tapped into its sovereign wealth fund and state companies’ profits in an effort to meet its 2012 fiscal target.
Thursday, January 3rd 2013 - 15:41 UTC
Brazil posts smallest annual trade surplus since 2002; sales to Argentina drop 20.7%

Brazil posted its smallest annual trade surplus in a decade last year as a sluggish global economy curbed demand for its products despite government efforts to boost exports. Brazil's trade surplus fell 35% to 19.44 billion dollars from the prior year, the weakest performance since 2002, Trade Ministry data showed on Wednesday.
Thursday, January 3rd 2013 - 00:20 UTC
Poor performance of Brazilian economy last year: estimates average 0.98% growth

Economists cut their estimates for economic growth in Brazil to 0.98% this year, a central bank survey showed, highlighting the sharp slowdown of an economy that just a couple of years ago was an emerging market star.