Brazil

• Saturday, November 26th 2011 - 03:18 UTC

  Strong process of land concentration and in foreign hands in Latam says FAO

  

  A report from the UN Food and Agriculture Organization, FAO, in seventeen Latinamerican and Caribbean countries discovered an intense concentration and foreign-held land process.

• Saturday, November 26th 2011 - 03:12 UTC

  FAO estimates record oilseed production but soybean crop will be down

  

  Global oilseed production is estimated at record 472 million tons in the 2011-12 marketing year starting October but the growth in output will be subdued, FAO said in a report. Similarly soy bean production is expected to fall to 260.7 million tons from 265.8 million in 2010/2011.

• Saturday, November 26th 2011 - 03:10 UTC

  What are the real reasons behind Brazil’s interest in a nuclear powered submarine?

  

  By Lucius Lomax<br />
  The idea of a rogue nation using peaceful nuclear technology for armaments has been explored extensively by both Hollywood and the United Nations. But the idea of acquiring nuclear power—under the pretext of military use—with the real intention of commercial development appears to be an original idea of the Brazil government.

• Thursday, November 24th 2011 - 14:50 UTC

  Brazil prepared to lower rates to prop the economy, said President Rousseff

  

  Markets expect Brazilian policy makers will accelerate the pace of interest rate cuts after President Dilma Rousseff said at an event in Brasilia on Wednesday that the country can and is prepared “to use monetary policy” to combat the effects of Europe’s debt crisis.

• Wednesday, November 23rd 2011 - 23:04 UTC

  Brazil suspends Chevron drilling rights until it clarifies the recent oil spill

  

  Brazil's National Oil Regulator (ANP) said on Wednesday that it is suspending the drilling rights of US oil major Chevron in national territory until it clarifies conditions of the recent oil spill in its Frade field.

• Wednesday, November 23rd 2011 - 20:37 UTC

  Brazil expects a flat third quarter but a strong recovery by end of the year

  

  The performance of the Brazilian economy during the third quarter “could very well be flat” according to Nelson Barbosa the second most important man behind Guido Mantega in the Finance ministry.

• Wednesday, November 23rd 2011 - 20:23 UTC

  Weaker currency helps Brazil recover strong trade surplus

  

  Brazil posted a trade surplus of 2.355 billion dollars in October, beating forecasts for a third straight month, outpacing imports in the final days of the month following a recovery in global commodities prices.

• Wednesday, November 23rd 2011 - 20:07 UTC

  Brazil’s Marfrig deeper in the red but beef division manages turnaround

  

  A slump the Brazilian currency Real landed Marfrig deeper in the red despite an improved operating result, lifted by takeovers and better tailoring its beef operations to a shortage of cattle.

• Wednesday, November 23rd 2011 - 06:25 UTC

  Head of Spain’s main banking group meets with Brazilian president

  

  The president of Spain’s banking group Santander Emilio Botin described Brazil as “a very interesting market for Spain” following a meeting with Brazilian president Dilma Rousseff.

• Tuesday, November 22nd 2011 - 22:00 UTC

  Brazil makes official support for Uruguay in ‘fiscal haven’ controversy with G20

  

  Brazil’s Foreign Affairs minister Antonio Patriota said Brasilia supports Uruguay in its controversy with France following President Nicholas Sarkozy claim, at the recent G20 summit, that Uruguay was a ‘fiscal haven’.