Brazil

• Monday, October 15th 2012 - 07:58 UTC

  Minister confirms talks for re-incorporation of Paraguay to Unasur and Mercosur

  

  Foreign minister Jose Felix Fernandez Estigarribia confirmed the beginning of negotiations for the re-incorporation of Paraguay to Unasur and Mercosur which will take place through the mediation of a Latinamerican country he did not identify.

• Monday, October 15th 2012 - 07:50 UTC

  Brazil good at global PR, but loses ground as an IMF group leader

  

  A good one and a bad one for Brazil: The New York Times announced on Sunday that it will launch an online edition Portuguese language edition in 2013 given the country’s growing global clout, but on the other hand Brazil’s nine nation constituency at the IMF will lose a member, Colombia that will join Mexico.

• Friday, October 12th 2012 - 00:18 UTC

  Brazilian president calls for European ‘greater understanding’ of the Argentine situation

  

  President Dilma Rousseff, meeting with her Irish peer Michael D. Higgins said the global crisis has had a greater impact on Argentina than on Brazil, which has a stronger industrial base, and called for a better understanding of President Cristina Fernandez administration.

• Thursday, October 11th 2012 - 04:41 UTC

  In divided decision Brazil central bank cuts basic rate another 25 points to 7.25%

  

  Brazil's central bank on Wednesday slashed its interest rate for the 10th time since August last year, to a record low of 7.25%, in a bid to stimulate the sluggish economy.

• Wednesday, October 10th 2012 - 08:57 UTC

  Brazil ratifies full support to President Santos and the Colombian peace process

  

  Brazil extended full support ‘in whatever is necessary’ to Colombia’s peace process which is scheduled to begin next 17 October in Norway and will continue in Cuba, announced the Executive Planalto Palace.

• Wednesday, October 10th 2012 - 08:23 UTC

  Brazil high court convicts top aides of Lula da Silva for ‘Mensalao’ corruption scandal

  

  Brazil's Supreme Court convicted three top aides of former president Lula da Silva of graft related to a vote-buying scheme in Congress. Lula's ex-chief of staff Jose Dirceu was found guilty by six of the 10 judges in connection with the scheme that ran from 2002 to 2005 during the popular president's first term, a court spokesman said.

• Tuesday, October 9th 2012 - 10:48 UTC

  Brazil and Argentina mend trade fences: end to impediments for fruit and pork

  

  Brazil announced on Monday it had fully restored agriculture trade with Argentina which means there should be no further impediments or red tape for Argentine fruit or for Brazilian pork.

• Tuesday, October 9th 2012 - 04:11 UTC

  Brazil strongly supports Argentina Falklands’ claim at defence ministers’ summit

  

  Brazil came out strongly in support of Argentina’s sovereignty claims over the Falklands/Malvinas Islands and criticized British military exercises in the Islands during his speech on Monday to the Americas Defence ministers’ conference taking place in Punta del Este, Uruguay.

• Tuesday, October 9th 2012 - 04:07 UTC

  Chinese auto manufacturers flocking to open plants in Brazil

  

  Anhui Jianghuai Automobile Co Ltd has become the latest Chinese automaker to invest in a production project in Brazil, the world's fourth-largest automobile market, to avoid the high taxes on imported vehicles.

• Tuesday, October 9th 2012 - 02:45 UTC

  Fifty large Brazilian cities face run offs on 28 October; Sao Paulo an open race

  

  Fifty large Brazilian cities will be holding a run off at the end of the month following on Sunday’s results of the municipal elections when the ruling Workers Party and the opposition Brazilian Social Democracy Party, PSDB, confirmed their leaderships.