Government owned and the largest in the country in assets, Banco do Brasil received this week approval from China’s regulator to open a commercial branch in the country which is Brazil’s main trading partner.
In terms of outbound travel South Americans are ahead of everyone else in the Americas. In 2012, they undertook 12% more trips abroad than last year, marking a new record. The country clearly driving growth is Brazil.
Brazil's president, Dilma Rousseff, told reporters in Paris her government intends to build approximately 800 regional airports in Brazil. The project considers that each city with over 100.000 inhabitants should have an airport within a 60-kilometer range.
Brazilian group JBS-Friboi, a leading global exporter of meat products, has inaugurated an industrial complex for pulp production with an investment of 6.2 billion Reais (approx 3 billion dollars).
A majority of the Brazilian population, 63% is dissatisfied with the performance of the police forces and 90% considers the justice system ‘too slow” according to a survey from the Getulio Vargas Foundation think-tank Law School, released this week.
Brazilian president Dilma Rousseff criticized in Paris policies that are limited to austerity when facing crises because they are not effective in economic terms and only generate ‘more recession and unemployment”.
Brazilian president Dilma Rousseff currently on an official visit to France described as ‘regrettable’ the accusations against her predecessor Lula da Silva published in the Sao Paulo media and underlined her respect and admiration for the leader.
A scientific commission from the World Organization for Animal Health, OIE, will commence in February to study the case of atypical Bovine Spongiform Encephalopathy, BSE, reported in the south of Brazil among a herd of animals fed on grassland.
President Dilma Rousseff reiterated she wouldn’t be influenced by The Economist magazine’s call for her to oust Finance Minister Guido Mantega after a growth report that fell short of government forecasts.
Thousands of Brazilians took to the streets on Sunday to demand a tough stance against corruption and celebrate the recent sentencing of influential politicians who were involved in money scandals during the first government of President Lula da Silva.