Brazil

• Thursday, February 2nd 2012 - 22:39 UTC

  Eighth Brazilian minister resigns amid allegations of corruption

  

  Brazil’s minister of cities resigned Thursday amid allegations of irregularities, the eighth member of President Dilma Rousseff’s cabinet to step down since June.

• Thursday, February 2nd 2012 - 05:47 UTC

  Brazil will evaluate the impact and legality of Argentina’s latest trade barriers

  

  The Brazilian government expressed concerns over the new Argentine trade barriers going in effect on Wednesday and informed that it would “evaluate its impact and legality” before making any decisions, Foreign Trade secretary Tatiana Prazeres announced.

• Wednesday, February 1st 2012 - 17:32 UTC

  Brazilian beef exports declined 14% in 2011 to 820.239 tons

  

  Brazilian beef exports declined 14% in 2011, to 820.239 tonnes swt, establishing it as the world’s third largest beef exporter behind Australia and the US (Global Trade Atlas).

• Wednesday, February 1st 2012 - 15:56 UTC

  Brazilian president meets Fidel Castro; promises financial economic aid to Cuba

  

  Brazilian President Dilma Rousseff met with Fidel Castro, the revolutionary hero of her youth, and held talks with his younger brother, President Raul Castro, on Tuesday in a visit to strengthen financial and economic ties with Cuba. On Wednesday Rousseff left for Haiti.

• Wednesday, February 1st 2012 - 07:14 UTC

  Brazil reiterates support for Argentina, denies any blockade to the Falklands

  

  Brazil reiterated its support for Argentina’s Malvinas Islands sovereignty claim and insisted that solving the controversy with the UK is ‘most important’ for South America’s stability. It also pointed out that it’s not correct to talk about “a blockade”.

• Wednesday, February 1st 2012 - 06:55 UTC

  Brazil’s Petrobras admits second oil spill in less than a week

  

  Brazil's state-run energy giant Petrobras on Tuesday reported that 160 barrels of crude oil may have spilled from a deep-water well off Sao Paulo state but said the situation was under control.

• Wednesday, February 1st 2012 - 06:24 UTC

  Brazil’s December industrial production brings hope after a dismal 0.3% for 2011

  

  Rising output at Brazil's factories and mines in December, following a dismal 2011 performance, should help activity in 2012 as falling interest rates and rising investment help sustain growth in Latin America's largest economy

• Wednesday, February 1st 2012 - 00:09 UTC

  Rousseff downplays human rights issue during her visit to Cuba

  

  Visiting Brazilian President Dilma Rousseff refused to criticize Cuba’s human rights record on Tuesday, saying the issue should not be used to score ideological points.

• Tuesday, January 31st 2012 - 23:57 UTC

  Brazil/Arab world trade soared more than 28% in 2011, reaching 25.13bn dollars

  

  Brazil's trade with the Arab world soared more than 28% in 2011 to reach 25.13 billion dollars and is expected to grow a further 15%t this year, the Arab Brazilian Chamber of Commerce said on Tuesday.

• Tuesday, January 31st 2012 - 23:51 UTC

  China bars Brazil’s bulk carriers from its ports; clash over iron ore shipping rates

  

  China banned a giant new class of ship from its ports on Tuesday, a move that checks efforts by mining giant Vale SA to cut the cost of shipping iron ore to its largest market and risks raising trade tensions with Brazil.