Brazil

Saturday, August 31st 2013 - 15:30 UTC
Falklands’ lawmaker arrives in Uruguay to inform on business opportunities in the Islands

Falkland Islands member of the Legislative Assembly Dick Sawle will be in Montevideo 2-6 September, after spending a week in Brazil involved in business, academia and informal political contacts sponsored by the Foreign Office. In Uruguay according to the official release MLA Sawle will inform about business opportunities with the Falklands and to strengthen the historical ties with Uruguay.
Saturday, August 31st 2013 - 02:01 UTC
Sigh of relief for Mantega: Brazilian economy expands 1.5% in second quarter

Brazil’s economy expanded 1.5% in the second quarter of 2013 compared with the previous three month, exceeding the most optimistic market expectations, official statistics showed Friday. The farm sector fared best, growing 3.9%, followed by industry with 2% and services 0.8% according to the Brazilian Institute of Geography and Statistics (IBGE) website.
Thursday, August 29th 2013 - 02:48 UTC
IMF encouragement for Brazil’s economy gradual upturn

The Brazilian economy is on a gradual upturn from the slowdown begun in mid-2011, the IMF says while urging Brasilia to continue efforts to rein in inflation. The country's 12-month inflation reached 6.27% in July, close to the upper limit of the government target of 6.5%.
Wednesday, August 28th 2013 - 21:56 UTC
Brazil raises benchmark interest to 9% hoping to rein in inflation

Brazil raised on Wednesday its Selic benchmark interest rate to 9% from 8.5% in a further attempt to rein in inflation. The central bank's monetary policy committee, the Copom, voted unanimously for a third straight half percentage point rate rise.
Wednesday, August 28th 2013 - 14:13 UTC
Falklands’ lawmaker invites Brazilian companies to join Islands oil industry development

The sovereignty issue should be left aside and talks should concentrate on the business opportunities offered by the oil industry in the Falkland Islands, said lawmaker Dick Sawle during an interview with AP in Brazil where he is on a week long visit of business and political contacts.
Tuesday, August 27th 2013 - 22:06 UTC
Brazil’s Mantega admits ‘mini-crisis’; blames the US Fed confusing messages

Brazil's economy is going through a “mini crisis” stemming from global markets turbulence made worse by confusing messages from the US Federal Reserve, complained Finance Minister Guido Mantega.
Tuesday, August 27th 2013 - 02:41 UTC
Falklands’ lawmaker arrives in Brasilia for round of contacts to promote the Islands

Falkland Islands lawmaker Dick Sawle is expected on Tuesday in Brasília, capital of Brazil where he will explain the Islanders’ decision to remain a British Overseas Territory and give an idea of life in the South Atlantic archipelago, its economy and social achievements as a prosperous, democratic community.
Tuesday, August 27th 2013 - 01:19 UTC
Brazilian foreign minister removed following diplomatic incident with Bolivia

Brazilian foreign minister Antonio Patriota has stepped down and will be replaced by the current representative before United Nations Ambassador Luis Alberto Figueiredo Machado, it was confirmed Monday evening by the spokesperson from President Dilma Rousseff’s office.
Monday, August 26th 2013 - 07:30 UTC
Bolivian Senator arrives in Brazil after being granted political asylum

Bolivian Senator Roger Pinto, who had taken refuge in the Brazilian Embassy in La Paz, left the country in an official Brazilian vehicle escorted by soldiers, Brazilian Senate Foreign Relations Committee chairman Ricardo Ferraço said on Sunday.
Monday, August 26th 2013 - 03:43 UTC
Brazil surprised by Dilma Rousseff’s ‘city tour’ adventure on a Harley-Davidson

Brazilian president Dilma Rousseff had a long standing wish and it was finally made true with the help of an accomplice and high ranking official from her administration: a ride in motorbike to see Brasilia first hand without being recognized.