Brazil

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.
Monday, October 8th 2012 - 06:26 UTC
Brazilian banks have room “to cut consumer lending rates in half”

Brazilian banks have room to cut consumer lending rates in half, Brazil's Finance Minister Guido Mantega said in remarks published this weekend in the O Globo newspaper.
Monday, October 8th 2012 - 06:23 UTC
Rio mayor re-elected and will host Olympics; Sao Paulo, run off with the two main parties

Rio Mayor Eduardo Paes has been re-elected with an overwhelming majority in the first round of Brazil's municipal elections. Paes from the centrist Democratic Movement Party will be in charge when Rio hosts the 2016 Olympics.
Saturday, October 6th 2012 - 15:16 UTC
IMF cuts global growth estimates; calls for clear political leadership to restore confidence

The IMF has cut its global growth forecasts for this year and 2013 and called on politicians in the Euro-zone and the US to take “decisive” steps to restore confidence, a German newspaper said Friday.
Saturday, October 6th 2012 - 15:06 UTC
Brazil wants Paraguay back in Mercosur following “democracy compliance” test

Brazilian Foreign minister Antonio Patriota said on Friday that Paraguay could resume membership of Mercosur and Unasur without the need to wait for presidential elections next April 2013 as long as “full compliance with democracy” can be verified.