Brazil

• Wednesday, August 29th 2012 - 06:10 UTC

  Brazilian court orders resumption of work at controversial dam in the Amazon

  

  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.

• Wednesday, August 29th 2012 - 06:05 UTC

  Clinton and Blair praise Brazil’s economic and social advance in two decades

  

  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.

• Wednesday, August 29th 2012 - 05:59 UTC

  Brazil to deploy first floating oil terminal for refueling tankers in the high seas

  

  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.

• Tuesday, August 28th 2012 - 04:03 UTC

  Brazil beef exports reached 5.37bn dollars in 2011, but volume was down 10.8%

  

  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.

• Tuesday, August 28th 2012 - 03:52 UTC

  Brazil’s defence industry booming and promoting projects with neighbours

  

  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

• Friday, August 24th 2012 - 05:10 UTC

  Brazilian former Senator agrees to reimburse 234 million dollars of looted money

  

  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.

• Thursday, August 23rd 2012 - 01:12 UTC

  Merkel, Hillary and Rousseff the three most powerful women, says Forbes

  

  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.

• Wednesday, August 22nd 2012 - 05:20 UTC

  Brazil despite its economic success remains one of the inequality champions

  

  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.

• Tuesday, August 21st 2012 - 22:01 UTC

  Brazil with the lowest performance in the first half of 2012 among BRIC countries

  

  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.

• Tuesday, August 21st 2012 - 18:43 UTC

  Paraguay Electoral Tribunal officially announces April 2013 general election

  

  Paraguay officially announced holding elections on April 2013, when a new president and congress will be voted. The three branches of government attended the launching of the announcement that took place at the Superior Electoral Justice Tribunal on Tuesday, one day ahead of the OAS Permanent Council debate on “the Paraguayan situation”.