Brazil

• Friday, July 6th 2012 - 01:47 UTC

  Singapore sovereign-wealth fund increasing investments in Brazil and Mexico

  

  Temasek Holdings, Singapore's sovereign-wealth fund, is increasing its exposure to Brazil and the rest of Latin America because of the region's strong long-term growth prospects, the company said Thursday in a press release.

• Friday, July 6th 2012 - 01:28 UTC

  Big moves in Brazilian cement market to prevent further industry concentration

  

  Brazil’ competition regulator Cade approved Brazilian industrial group Camargo Correa's June purchase of a controlling stake in Portuguese cement maker Cimpor, subject to several conditions.

• Thursday, July 5th 2012 - 22:40 UTC

  Brazil oil and gas production reached 2.78 million barrels equivalent per day

  

  Brazilian oil and natural gas output rose 1.89% in May from April to 2.78 million barrels of oil and gas equivalent a day (boepd) as crude output from giant, new offshore fields increased, Brazil's oil agency ANP said on Thursday.

• Thursday, July 5th 2012 - 00:11 UTC

  The Army captain torturer-interrogator of Rousseff died in 1992 show documents

  

  Army captain Benoni Albernaz head of an interrogators unit and one of the most vicious torturers of Brazilian president Dilma Rousseff, when she a student leader linked to the guerrilla movement died in 1992 according to O’Globo which published official documents from 1970.

• Wednesday, July 4th 2012 - 06:19 UTC

  Brazil’s bungled diplomacy infuriates President Rousseff

  

  The crisis triggered by the removal of Paraguayan president Fernando Lugo has spilt over the borders of the country and has turned into a regional controversy that threatens to become a huge headache for Brazilian president Dilma Rousseff according to the weekly magazine Istoé, one of the two with largest circulation in Brazil.

• Wednesday, July 4th 2012 - 00:37 UTC

  Mujica confirms full support for Minister Almagro and Ambassador Pomi

  

  Even when Uruguayan president Jose Mujica assumed full responsibility for the controversial support suspending Paraguay and embracing Venezuela during the Mercosur summit, other details of events have emerged with Uruguayan ambassador Guillermo Pomi in Argentina, allegedly playing a crucial role.

• Tuesday, July 3rd 2012 - 22:57 UTC

  “A coup against Mercosur” claims leading Brazilian newspaper

  

  Brazil’s conservative but influential daily O Estado de Sao Paulo dedicated the main Tuesday editorial to the Mercosur suspension of Paraguay and the entrance of Venezuela arguing that what happened at the group’s summit in Mendoza was “a coup against” the block.

• Tuesday, July 3rd 2012 - 19:05 UTC

  China scraps plan to build 5 billion dollars steel plant in Brazil

  

  A major Chinese steelmaker has scrapped a plan to build a five-billion-dollar factory in Brazil due to high costs and a slump in global prices for the metal, state media said Tuesday.

• Tuesday, July 3rd 2012 - 18:46 UTC

  Bank of China expands in Brazil following 30bn dollars swap agreement

  

  Bank of China plans to cash in on the expanding bilateral trade between China and Brazil and the recent currency swap agreement between the two central banks.

• Tuesday, July 3rd 2012 - 18:32 UTC

  Astori describes Mercosur latest decisions as “aggression and major institutional blows”

  

  “It’s a major institutional blow, maybe the most serious in the 21 years of Mercosur” said Uruguayan Vice president Danilo Astori in direct reference to the group’s decision to incorporate Venezuela with the approval of Argentina, Brazil and Uruguay and the absence of Paraguay.