Brazilian judge denied an injunction seeking to bar oil company Chevron Corp and drill-rig operator Transocean Ltd from operating in Brazil after two offshore oil leaks, a federal court in Rio de Janeiro said this week.
US Secretary of State Hillary Clinton confirmed she will be visiting Brazil next week following the Summit of the Americas scheduled for April 14/15 in Colombia. Her trip follows on the Brazilian president visit to the White House where both leaders, Dilma Rousseff and Barack Obama politely but unyielding kept to their positions.
Brazil ranks as the fourth largest source of overseas visitors to the United States with 1.5 million visits in 2011, which represents a 26% increase from 2010 said the State Department in a release. With these figures on the table “the Department of State is taking action to expand the already extensive ties between our nations”.
Secretary of State Hillary Clinton described Brazil as a “responsible country” in world affairs and praised Brazil’s “growing impact in global stability and security”, during an event at the US Chamber of Commerce.
Brazil has given a clear indication of its intention to attack European export subsidies for poultry-meat the next time Mercosur and the EU meet to discuss a possible cooperation and trade agreement.
Brazil's President Dilma Rousseff on Tuesday launched an initiative to deepen ties with the prestigious Massachusetts Institute of Technology (MIT). After meeting Monday at the White House with President Barack Obama, Rousseff continued her short visit to the United States with meetings in the Boston area where MIT is based.
Drought in major soybean producers Brazil and Argentina cut their production more deeply than expected the US government said on Tuesday in a report that drove prices to near their highest since 2008.
Having a floor of 1.80 Real to the US dollar is no great thing, but it is a target to sustain said Brazil Development, Industry and Foreign Trade minister Fernando Pimentel referring to the latest announcements to promote Brazilian industry battered by a strong currency and massive inflow of ‘cheap’ imports.
Brazilian president Dilma Rousseff complained about US monetary policy and expressed concern that sanctions against Iran could backfire in a meeting with President Barack Obama on Monday, highlighting strains between the continent’s biggest economies.
Argentina and Uruguay presidents Cristina Fernandez and Jose Mujica agreed Monday evening to discuss their trade differences in the framework of Mercosur and promote “positive discrimination” measures for Uruguayan exports to help compensate the restrictions imported to all imports by the Argentine government.