Brazil

Saturday, April 13th 2013 - 05:36 UTC
Brazil determined to lower inflation; Central bank could raise Selic rate at next meeting

Brazil's top two economic policymakers warned on Friday that high inflation will not be tolerated. Central bank chief Alexandre Tombini and Finance Minister Guido Mantega said at separate events the government will not hesitate in taking measures to combat high inflation.
Saturday, April 13th 2013 - 05:29 UTC
President Rousseff pledges to double Brazilian per capita income by 2022

Brazilian President Dilma Rousseff said on Friday that the government intends to double per capita income by 2022, when Brazil celebrates 200 years of independence from Portugal.
Friday, April 12th 2013 - 06:06 UTC
Brazil calls emergency meeting to address massive influx of illegal immigrants

The Brazilian government called this week an emergency meeting to discuss measures to curb the influx of hundreds of illegal immigrants along its northern border.
Friday, April 12th 2013 - 05:59 UTC
Brazil and the US upgrading diplomatic ties and thinking in more bilateral trade

President Dilma Rousseff will make the first formal state visit by a Brazilian leader to the United States in nearly two decades, according to Reuters’ news agency. The trip allegedly will occur later this year likely in October, officials said on condition of anonymity because the White House has not yet announced the visit.
Wednesday, April 10th 2013 - 07:33 UTC
Petrobras calls for clear rules to foster investment in shale production development

Brazil’s oil and gas Petrobras said Argentina needs clear rules to foster investments if it wants to develop its unconventional oil and gas resources.
Tuesday, April 9th 2013 - 06:58 UTC
Latam’s major defence fair opens in Brazil with 700 companies from 48 countries

Delegations from 65 countries some of them including Defence ministers will be attending the opening on Tuesday in Rio do Janeiro of the International Defence and Security Fair, (LAAD), the largest show of military equipment in Latin America.
Monday, April 8th 2013 - 00:22 UTC
Brazil new defence purchases policy based on ‘geopolitical interests and technology transfer’

Brazil’s defence purchases mainly arms will be ruled by strategic priorities such as geopolitical interests and technology transfers and not only price, according to a decree published in the Official Gazette from the Union.
Monday, April 8th 2013 - 00:04 UTC
Brazil exporters anticipate May/June port chaos with soy, sugar and corn crops coincide

The logistics chaos in the Brazilian port of Santos (one of the busiest of the country) in mid March with the first shipments of a record soy crop will become even worse in May and June, according to the Jose Augusto de Castro, president of the Brazilian Association of Foreign Trade, AEB.
Sunday, April 7th 2013 - 23:58 UTC
Brazil planning agency to manage fluvial ports, waterways and locks

The administration of President Dilma Rousseff is working on the creation of a new agency which will be responsible for Brazil’s fluvial ports and terminals, waterways and locks. The ‘Hidrobras’ project is being drafted by the Ministries of Transport and Planning and will look after shipping in the fluvial system, “which is currently exploited far below its possibilities and potential”.
Saturday, April 6th 2013 - 03:50 UTC
Brazil claims trade situation with Argentina is “less than satisfactory”

Brazil admitted that the trade situation with Argentina is “less than satisfactory”, given the ongoing barriers and restrictions imposed by Buenos Aires and revealed that the bilateral trade balance is now inclined in favour of its southern neighbour and Mercosur associate.