Brazil

• Monday, May 13th 2013 - 04:08 UTC

  German president in Brazil to promote trade and investments

  

  German President Joachim Gauck arrived on Sunday to Brazil with economic and trade issues as the centre of his visit. The trip to Sao Paulo marks the start of the Year of Germany in Brazil, which Gauck's predecessor Christian Wulff agreed on with Brazilian President Dilma Rousseff in May 2011.

• Saturday, May 11th 2013 - 05:40 UTC

  Brazil raises 800million dollars in bond sales: 750m in US and EU; 50m in Asia

  

  Brazil succeeded in selling 50 million US dollars worth of dollar-denominated government bonds in Asian markets on Friday, the Treasury Department announced.

• Saturday, May 11th 2013 - 05:39 UTC

  FIFA concerned over the construction of World Cup stadiums in Brazil

  

  FIFA has revealed its concern over the construction of six World Cup stadiums ahead of next year's finals in Brazil. A second test event at Rio's redeveloped Maracana stadium was recently canceled, heightening fears over the readiness of arenas across the country for this summer's Confederations Cup.

• Friday, May 10th 2013 - 07:44 UTC

  Brazil endorses Maduro and pledged support to develop agriculture and infrastructure

  

  Venezuelan President Nicolas Maduro got strong backing from regional heavyweight Brazil on a tour of Mercosur allies to cement his legitimacy as political heir to the late Hugo Chavez.

• Friday, May 10th 2013 - 06:51 UTC

  The Economist: Brazil isn’t growing, so why are Brazilians so happy?

  

  In the decade after Jim O’Neill of Goldman Sachs coined the acronym “BRICs” in 2001, grouping together four big countries with the potential for sustained growth, the “B”, Brazil, really put itself on the economic map.

• Friday, May 10th 2013 - 06:44 UTC

  Brazil reports great interest in the coming 11th bidding hydrocarbons round

  

  The director of Brazil's Agencia Nacional do Petroleo (ANP) reports significant interest from operators in Brazil's upcoming 11th bidding round as the country pursues its plans to double its oil and natural gas production. The bidding round is the first since December 2008 and the first under the nation's new hydrocarbon law.

• Friday, May 10th 2013 - 06:17 UTC

  Brazil and Argentina agree to jointly build two nuclear research reactors

  

  Atomic power agencies from Brazil and Argentina signed an agreement to build two nuclear reactors for research and production of radioisotopes, according to the Ministry of Science and Technology (MCT).

• Friday, May 10th 2013 - 06:05 UTC

  Peru promoting Unasur summit to address Venezuela’s political situation

  

  Peru which currently holds the chair of Unasur, Union of South American Nations is promoting a new meeting of country members’ heads of state to address the political situation in Venezuela, Foreign minister Rafael Roncagliolo said on Thursday.

• Wednesday, May 8th 2013 - 16:57 UTC

  Brazilian inflation during April just managed to keep to the government’s target

  

  Inflation in Brazil during April climbed 0.55% over March (0.47%) and accumulated 6.49% in the last twelve months which is just below the government’s upper limit target of 4.5% to 6.5%, according to the latest release from the country’s Geography and Statistics National Institute, IBGE.

• Wednesday, May 8th 2013 - 09:40 UTC

  First Latinamerican and BRIC representative next head of WTO

  

  Brazil's Roberto Azevedo has won the race to become the next head of the World Trade Organization, the first candidate from Latinamerica and from the BRIC club of emerging economies to take the job.