Brazil

Friday, November 18th 2011 - 06:14 UTC
Brazilian leader recommends President Rousseff to “purge” her cabinet

Former Brazilian president Fernando Henrique Cardoso recommended President Dilma Rousseff a purge of her cabinet which faces yet another alleged corruption case: the minister of Labour, the fifth since she took office last January.
Friday, November 18th 2011 - 06:07 UTC
S&P upgrades Brazil’s long-term foreign currency sovereign credit rating

Standard and Poor's Corp said Thursday it was upgrading the credit rating of Brazil by one notch to BBB, adding that the upgrade reflected the country’s increasing capacity to hold up against the overall deterioration in the global economic outlook.
Thursday, November 17th 2011 - 22:11 UTC
Brazilian federal police open a probe into an oil spill from a Chevron well

Brazilian federal police have opened a probe into US oil giant Chevron over alleged pollution linked to an oil spill at its offshore Frade project, local media reported Thursday.
Thursday, November 17th 2011 - 20:01 UTC
Latin American economy has entered cooling phase, says Brazilian think-tank

The Latin American economy has entered a declining phase and will further slow down in coming months according to a report from the Brazilian think-tank Getulio Vargas Foundation, FGV.
Thursday, November 17th 2011 - 19:07 UTC
Non-white, the majority population in the ‘racial democracy’ of Brazil

For the first time, non-white people make up the majority of Brazil's population, according to preliminary results of the 2010 census. Out of around 191m Brazilians, 91 million identified themselves as white, 82m as mixed race and 15m as black.
Thursday, November 17th 2011 - 06:56 UTC
Moody’s downgrades Brazilian meat corporation Marfrig from stable to negative

Credit ratings agency Moody's changed its outlook for Brazilian meat processor Marfrig from stable to negative, citing what it feels is a deterioration in Marfrig's credit viability due to strong competition in the Brazilian protein sector in recent months, higher commodity prices, a global economic slowdown and currency volatility.
Thursday, November 17th 2011 - 00:40 UTC
New look for Lula da Silva as he undergoes chemotherapy treatment

Brazil's ex-president Lula da Silva got a new look Wednesday, as his wife Marisa Leticia shaved off his iconic beard and his thick head of hair ahead of chemotherapy therapy for throat cancer.
Wednesday, November 16th 2011 - 14:33 UTC
Brazil says BRICS is large enough for the moment

Brazil does not want to see the BRICS group of emerging countries enlarged for the time being but demands the developing world be given a greater say in international bodies, the country's foreign minister said on Wednesday.
Tuesday, November 15th 2011 - 21:52 UTC
Flights disruptions and delays continue in Buenos Aires main airports

Cancellations and more delays persisted Tuesday at Buenos Aires main airports as Aerolineas Argentinas flights suffered further setbacks to the service. The administrators of metropolitan Aeroparque and Ezeiza international airport, Aeropuertos Argentinas 2000 said that flights “were resuming, albeit slowly”.
Tuesday, November 15th 2011 - 06:54 UTC
Consortium announces major ‘high quality’ oil discovery off the Brazilian coast

Repsol, Spain's biggest oil group said Monday it has made a new oil discovery off the coast of Brazil together with Chinese partner Sinopec, Britain's BG Group and Brazil's Petrobras.