Brazil

• Saturday, March 24th 2012 - 02:52 UTC

  Argentina is facing serious trade problems and Brazil “must help in a mature way”

  

  Argentina is having serious trade problems and Brazil “in a mature way” must try and help solve them said a top official from President Dilma Rousseff administration, who anticipated he would be travelling to Buenos Aires in coming weeks.

• Friday, March 23rd 2012 - 06:00 UTC

  World’s largest beef producer cuts losses in Argentina and prepares to leave

  

  Brazil’s JBS, the world's biggest beef producer is on the verge of exiting Argentina due to a difficult business environment and because it is not prepared to tolerate further losses in the country.

• Friday, March 23rd 2012 - 02:25 UTC

  One in five manufactured goods consumed in Brazil were imports

  

  Almost one in five manufactured goods consumed in Brazil during 2011 was imported, according to the ‘commercial opening coefficient’ survey undertaken by the country’s National Industry Confederation, CNI, and released this week in Sao Paulo.

• Wednesday, March 21st 2012 - 04:41 UTC

  Next Mercosur summit in Mendoza, June 26/28; Brazil takes the relay

  

  The next Mercosur presidential summit is scheduled to take place next 26/28 June in the city of Mendoza, when the rotating chair will be handed for the following six months to Brazil.

• Tuesday, March 20th 2012 - 05:05 UTC

  Mujica promises to “fight to the death” for the future of Mercosur

  

  Uruguayan president Jose Mujica promised on Monday to ‘fight to the death’ for the future of Mercosur in spite of the fact that the group’s junior members Uruguay and Paraguay are suffering the most as Argentina and Brazil implement growing hurdles to trade.

• Tuesday, March 20th 2012 - 04:55 UTC

  Brazil is fastest growing travel and tourism economy in Latam; 7.8% in 2012

  

  Brazil is Latin America’s fastest-growing travel and tourism economy and direct contribution to GDP is forecast to grow at 7.8% in 2012.

• Tuesday, March 20th 2012 - 01:24 UTC

  Rousseff administration will promote “buy Brazilian” policy to defend industry

  

  “As of this year Brazil will follow the US example giving a 25% margin of preference to local goods in government procurement”, said Fernando Pimentel, Minister for Development, Industry and Foreign Trade.

• Tuesday, March 20th 2012 - 01:19 UTC

  Drought punishing soy crops and yields in southern Brazil

  

  Drought over Brazil's southern soy growing states prompted analysts Agroconsult to strike 2.8 million tons from its forecast of the 2011/12 crop to 67.1 million tons from 69.9 million previously.

• Monday, March 19th 2012 - 07:01 UTC

  Rousseff expected at the White House but with no ‘state visit’ privilege

  

  Next April 9 Brazilian President Dilma Rousseff is expected in the White House and although formally relations are ‘excellent’, Brazil and the US have many dissenting issues, according to Andres Oppenheimer from the Miami Herald and considered an expert in Latin American affairs from the US perspective.

• Sunday, March 18th 2012 - 19:59 UTC

  Paraguay calls on Argentina for “reflection and dialogue” regarding trade restrictions

  

  The Paraguayan government called for “reflection and dialogue” from the Argentine government in order to find a solution to the commercial restrictions in place on imported products, “we don’t need any more walls”.