Federal public workers across Brazil are currently involved in what is one of the largest industrial disputes in the country's history, presenting a major challenge for President Dilma Rousseff.
Brazil's Supreme Court has approved the resumption of work on the controversial 13 billion dollars Belo Monte dam in the Amazon, which was stopped earlier this month after protests from indigenous groups.
Brazil appears to have the best long-term prospects among rising economic powers, thanks to its stable policy framework, ample natural resources and good relationship with its neighbours, former U.S. President Bill Clinton said on Tuesday in a ringing endorsement of an economy that has struggled lately.
Brazil’s energy giant Petrobras said on Tuesday it will deploy the world’s first floating oil terminal capable of refueling tankers on the high seas.
Last year was very positive for Brazil beef exports having jumped from 4.8 billion dollars in 2010 to 5.37 billion in 2011, which represents an 11.65% increase according to Abicec, the Brazilian Association of Meat exporting industries.
Brazil's defence industry is booming, fuelled by government incentives to modernize the country's armed forces and develop a robust, export-oriented military industrial complex. With the world's sixth largest economy, Brazil was ranked as the eighth largest arms exporter in the 1980s but currently languishes in 30th place, according to industry experts
One of two senators in Brazil who were stripped of their positions for corruption will reimburse 234 million dollars in public funds he embezzled in the late 1990s, authorities said Thursday.
Forbes magazine ranked German Chancellor Angela Merkel the most powerful woman in the world for the second year in a row in the annual list dominated by politicians, businesswomen and media figures. US Secretary of State Hillary Clinton placed second, followed by Brazilian President Dilma Rousseff, making the top three spots unchanged from last year.
Brazil might be the leading economy in Latin America and has had a significant performance in reducing poverty in recent years, but it still remains among the countries with he highest inequality in the region together with Guatemala, Honduras and Colombia, points out the UN-Habitar report.
Russian GDP growth in percentage terms surpassed Brazil in the first half of the year and even if the market still prefers Brazil’s diverse economy over Russia, the South American country is now dead last in terms of economic growth in the big four emerging markets, BRIC.