President Dilma Rousseff said British interest in Brazil had come at the right time after her government announced last month a 66 billion dollars investment in road and railway building as part of a massive plan to upgrade her country's dilapidated infrastructure, which includes modernizing ports and airports.
Four Brazilian manufactured A-29 Super Tucano fighter planes arrived at East Jakarta’s Halim Perdanakusuma Base in the first wave of new “counter-insurgency” turboprop fighters purchased as part of the Indonesian Military’s (TNI) push to modernize its fleet.
British Prime Minister David Cameron arrived in Brazil on Thursday to promote UK business and capitalise on the success of the summer Olympic games. Cameron first stop was Sao Paulo where he arrived with a 58-strong business delegation and opened a new £60m JCB factory.
Brazilian President Dilma Rousseff who opened the UN round of General Assembly speeches, called on countries to boost international efforts to tackle the global economic crisis, stressing that a balance must be found to stimulate growth while at the same time controlling public spending without resorting to extreme austerity measures.
Brazilian president Dilma Rousseff arrived Sunday in New York and on Tuesday, as is traditional, will open the round of speeches at the annual UN General Assembly and will later meet with UN Secretary General Ban Ki-moon and president of the Assembly Vuk Jeremic from Serbia.
The wait is finally over for the Falklands’ badminton team as they find out their opponents in the 27th Brazil Badminton International Cup, which will be played in Sao Paulo, Brazil, from 27th to 30th September 2012.
Korea’s Hyundai Motor is expanding its presence in Africa and Brazil, two of the several automobile markets with mammoth growth potential by diversifying export models. While the largest carmaker in Korea is making the most of its manufacturing factory in India it launched regular operation of its Brazilian factory over the weekend.
Brazil threatened on Friday a further clampdown on speculative foreign capital, firing a warning shot in the currency war Finance minister Guido Mantega blames on money-printing by Western central banks.
US Trade Representative Ron Kirk urged the Brazilian government in a letter sent on Wednesday to reconsider plans for protectionist tariff increases expected to hurt US exports.
Brazil's middle class which now numbers 104 million equivalent to 53% of total population (38% ten years ago), is likely to move 1 trillion Reais this year (approx a trillion dollars), government estimates show.