The successful Brazilian self made man and former Vice-president Jose Alencar who assured the business community political support for the “firebrand union leader”, Lula da Silva elected in 2002 to lead Latin America’s largest economy, died in Sao Paulo on Tuesday after a long battle with cancer.
Brazil's Planning Minister Miriam Belchior pressed the Inter-American Development Bank, IDB, to move quickly with its planned 70 billion US dollars capitalization to expand the reach of projects in Latin America.
The Brazilian government is planning to impose a financial operations tax on overseas bond issues by Brazilian companies, local financial daily Valor Economico reported Monday.
The renowned theologian Jose Comblin one of the most important representatives of Latin America’s liberation theology has died in Brazil of natural causes. The Catholic Church in Brazil announced that Comblin died Sunday at a hospital in the city of Salvador. He was 88.
Brazilian former president Lula da Silva underlined the significance of Latin America’s left and its responsibility as a model for developed countries in crisis, during a political rally in Montevideo to celebrate the fortieth anniversary of the Uruguayan ruling coalition, Broad Front.
Brazilian president Dilma Rousseff and her predecessor Lula da Silva will be meeting this week for an international event in Portugal, just a few days after the new government abandoned a pro-dialogue with Iran position for a more neutral stance.
Contrary to the rest of Latin American countries, Brazil is the only where an amnesty law sanctioned by the military dictatorship in 1979 remains effective, ignoring a ruling from the Inter American Court of Human Rights, according to jurist Helio Bicudo.
Brazilian Central bank President Alexandre Tombini admitted inflation forecasts may “worsen”. Consumer prices in the 12 months through mid-March rose 6.13%, the biggest jump in more than two years.
The World Trade Organization ruled Friday that the United States is illegally taxing about 2 billion US dollars a year of imported Brazilian frozen orange juice.
Brazil’s vote in the UN Human Rights Council in support of a rapporteur to monitor human rights in Iran, proposed by the US, signals the first great divergence in foreign policy between the current administration of President Dilma Rousseff and her predecessor and mentor Lula da Silva.