Brazilian state oil company Petrobras said yesterday fourth-quarter profit fell 36 percent, hit by higher production costs that its chief executive said were worrisome.
Brazil described as childish and amateur Bolivia's indication that it may cancel a scheduled presidential bilateral summit, if Brazil does not pay more for Bolivian natural gas.
Brazil will continue working to eliminate obstacles which have effects on Mercosur junior members, Uruguay and Paraguay, said the country's Foreign Affairs minister Celso Amorim.
Ahead of US President George Bush's visit, Brazil announced plans to invest almost 5 billion US dollars over the next 10 years into biotechnology research involving renewable energy, agriculture and rain forest pharmaceuticals.
Brazilian authorities have warned that up to 10.000 passengers could be stranded daily if a court ruling which for security reasons bans large aircrafts from operating in one of Sao Paulo's several airports, becomes effective next Thursday.
Brazil's government managed oil company Petrobras announced the beginning of production at the offshore Cottonwood field in the Gulf of Mexico, United States.
A health alert has been declared in Brazil, Paraguay and Bolivia after an outbreak of dengue fever.
In a colorful ceremony full of music and dance, Brazil's Rio do Janeiro officially presented this week the candidacy of the impressive Christ Redeemer on the Corcovado hill as one of the modern world's seven wonders.
Brazil's chief negotiator at the Doha Round of trade talks at the World Trade Organization (WTO) accused United States of moving countercurrent regarding the liberalization of global agricultural trade and expressed uncertainty that negotiations can conclude this year.
Brazilian president Luiz Inacio Lula da Silva called Tuesday for unity and hard work from all leaders of the ruling coalition to ensure the quick approval of the economic package recently announced and which is the backbone of his second mandate.