Brazil

• Thursday, July 26th 2012 - 09:10 UTC

  Mercosur farmers support Paraguay and call for harmonic relations in the group

  

  The suspension of Paraguay and the intent to incorporate Venezuela to Mercosur represent a threat to the regional integration process, said the Mercosur Federation of Rural Associations, Farm, currently meeting in Santiago de Chile.

• Thursday, July 26th 2012 - 05:28 UTC

  PM Cameron receives Dilma to talk about Olympics, trade and global economy

  

  Brazil's President Dilma Rousseff held talks with British Prime Minister David Cameron on Wednesday to pick up some tips on staging the 2016 Olympic Games in Rio de Janeiro.

• Wednesday, July 25th 2012 - 20:45 UTC

  Brazil wants WTO to sanction countries that manipulate their currencies

  

  Brazil’s delegate before the World Trade Organization said he was contacting other members of the organization so that sanctions are imposed on those countries which alter artificial money exchange rates that harm emerging countries, according to reports in the financial newspaper Valor Economico.

• Wednesday, July 25th 2012 - 07:53 UTC

  Brazil tax revenue drops 6.55% in June, another symptom of slowing economy

  

  Brazil's federal tax revenues dropped more than expected in June from the same period a year before, as a stubborn economic slowdown hurts corporate profits and prompts the government to grant tax breaks to some industries.

• Wednesday, July 25th 2012 - 07:34 UTC

  GM Brazil shuts complex before tough negotiations with Metalworkers union

  

  General Motors said Tuesday it had suspended output at its complex in Brazil and sent workers home with paid leave ahead of tense talks with unions and government representatives.

• Wednesday, July 25th 2012 - 04:44 UTC

  Brazilian influential newspaper blasts “Dilma’s anti-diplomacy”

  

  Brazil’s influential newspaper O Estado de Sao Paulo blasted Brazilian foreign policy and its handling of the Paraguayan political crisis. In an opinion column under the heading “Dilma’s anti-diplomacy” the newspaper argues that the current administration is politicizing foreign policy, the same way that her predecessor, Lula da Silva.

• Tuesday, July 24th 2012 - 06:40 UTC

  The only ‘coup’ was including Venezuela in Mercosur with Paraguay suspended

  

  Paraguayan president Federico Franco said on Monday that the only coup, if that is the word, was implemented by Mercosur from the moment they left Paraguay out of the decision to incorporate Venezuela as a full member of the group.

• Tuesday, July 24th 2012 - 06:33 UTC

  Latinamerica has 15.100 ultra-rich; Brazil leads with 4.725 and 890 billion dollars

  

  Latinamerica has 15.100 super rich (8% of the world total) according to the latest World Report on the Ultra Rich 2011/12 from Wealth-X. Super rich is defined as a person with net assets over 24.4 million Euros (30 million dollars).

• Tuesday, July 24th 2012 - 06:18 UTC

  Brazil prepares new stimuli measures geared to infrastructure and manufacturing

  

  Brazil's government may ease its primary surplus target next year to create room to carry out additional tax cuts to boost growth, Folha de S. Paulo newspaper reported Monday.

• Tuesday, July 24th 2012 - 01:56 UTC

  Brazil central bank insists inflation under control and growth picks up in second half

  

  The jump in Brazilian consumer prices this month was a temporary reversal and won’t jeopardize the government’s 4.5% inflation target this year, central bank President Alexandre Tombini said on Monday.