Brazil

• Wednesday, April 25th 2012 - 03:01 UTC

  Second incident involving US Defence personnel and prostitutes surfaces in Brazil

  

  Another embarrassing ‘Colombian style’ incident surfaced involving US personnel and prostitutes in Latin America on Tuesday, as US Defence Secretary Leon Panetta said that Marines had been punished for allegedly injuring a prostitute in Brazil in December.

• Tuesday, April 24th 2012 - 06:16 UTC

  BMW sales in Brazil drop 30% because of tax rise; factory investment on hold

  

  Bayerische Motoren Werke AG (BMW), the world’s largest luxury automaker, posted a 30% drop in first-quarter sales in Brazil due to a tax rise for imported cars, said Henning Dornbusch, the company’s country head.

• Monday, April 23rd 2012 - 09:21 UTC

  Brazil helped Soviet support operation for Argentina during the Falklands conflict

  

  Brazil collaborated during the 1982 Falkland Islands conflict in an operation mounted by the Soviets to supply Argentina with spares, arms, munitions and other requirements according to the Rio do Janeiro newspaper O’Globo based on disclosed documents from the National Security Council and the Ministry of Foreign Affairs.

• Sunday, April 22nd 2012 - 23:17 UTC

  Record approval for Dilma, but Brazilian voters’ heart is with Lula da Silva

  

  Brazilian President Dilma Rousseff's administration reached a record-high approval rating in April but voters still long for the return of predecessor Lula da Silva, a newspaper reported.

• Saturday, April 21st 2012 - 07:07 UTC

  Emerging powers committed to IMF but insist on less European predominance

  

  Major emerging powers stood ready on Friday to pledge money to bolster the International Monetary Fund's crisis-fighting war chest, though Brazil was holding out for promises that their voting power at the global lender would increase.

• Saturday, April 21st 2012 - 06:57 UTC

  Uruguay and Brazil agree to jointly develop and expand wind power

  

  Uruguay and Brazil agreed this week to jointly set up a 100MW wind farm in Uruguayan territory demanding an investment of 200 million dollars and which should become operational by 2013.

• Saturday, April 21st 2012 - 06:44 UTC

  Petrobras promises to expand and increase investments in Argentina

  

  Brazil’s President Dilma Rousseff following a meeting with an Argentine delegation from the energy sector ratified her country’s decision to “strengthen the investment and the presence of the oil company, Petrobras, in Argentina”.

• Saturday, April 21st 2012 - 03:51 UTC

  Brazil will continue to intervene in support of industry and depressing its currency

  

  Brazilian Finance minister Guido Mantega said on Friday that IMF Managing Director Christine Lagarde makes a mistake in recommending emerging countries not to intervene in the money exchange markets to counter the strong devaluation of currencies from the rich countries.

• Friday, April 20th 2012 - 04:36 UTC

  Brazil’s two largest companies team up to work together in several projects

  

  Petrobras and mining company Vale, the two biggest companies in Brazil, have signed a memorandum of understanding to pursue joint ventures in various areas, Petrobras said.

• Thursday, April 19th 2012 - 23:26 UTC

  Brazilian polar vessel vistis Montevideo at the end of her Antarctic tour

  

  The Brazilian navy polar research vessel “Almirante Maximiano” at the end of its XXXth Antarctic operation, Operantar, arrived on Thursday at Montevideo to take fuel, supplies and exchange experiences with Uruguayan officers.