Latin American stocks fell on Monday as fears of a recession in Europe and the United States mixed with anxiety about the health of global banks to drive indexes below support levels, suggesting more losses.
Brazil’s Minister of Defence Celso Amorim is in Buenos Aires for several scheduled meetings this week with his Argentine counterpart Arturo Puricelli and to establish closer ties in defence issues in the framework of Unasur (Union of South American nations).
Two Brazilian university students who organized a “rodeo of fat ladies” in the social network under the name of Orkut will have to donate 20 minimum salaries (approximately 6.650 dollars) to organizations that combat chemical dependencies and gender violence.
Former Brazilian president Lula da Silva and undisputed leader of the ruling Workers Party said on Friday that President Dilma Rousseff will be governing Brazil for the next eight years and announced he’s stepping down from any further presidential aspiration in 2014.
A failure affecting four transmission lines left four Brazilian regions (thirteen states) partially without electricity on Friday, highlighting the growing strain on the nation's power infrastructure.
Brazil's economy expanded at a softer pace in the second quarter as a strong currency fueled a flood of cheap imports and industrial activity had its worst performance since the third quarter of 2009.
Brazil's government will reclaim promising oil exploration blocks won by companies in a bidding round five years ago but never formally leased to the winners, the country's energy minister Edison Lobao said.
Brazil's trade surplus grew more than expected in August as the value of exports climbed to its highest this year, outpacing strong import growth.
The Brazilian Catholic Church continues to loose ground to the evangelists and those who declare to have no religion, according to the latest survey released by the Social policies centre from the Getulio Vargas Foundation in Rio.
Brazil’s central bank on Wednesday unexpectedly cut interest rates as the risk of recession in Europe and the US shifted policy makers’ focus away from containing the fastest inflation in six years.