A top Uruguayan official said the country has the support of Brazil regarding the controversy triggered when President Nicholas Sarkozy as host and ‘rapporteur’ of the recent G20 summit named Uruguay in the list of the world’s most notorious fiscal havens.
Brazilian police made two key arrests Wednesday in Rio de Janeiro's biggest favela (slum) as they ready to take control of the area from drug traffickers, in anticipation of the 2014 World Cup and 2016 Olympic Games.
Brazil must hurry up and pass a package of new laws if the 2014 World Cup is to go ahead, FIFA secretary general Jerome Valcke told the country's Congress on Tuesday, adding there was not a day to lose.
Brazil's labour minister vowed on Tuesday not to become the sixth minister to quit over corruption allegations this year, saying he has the support of President Dilma Rousseff and his own party.
Brazil’s credit growth is slowing to a sustainable pace and sufficient to feed domestic demand, said on Tuesday Luiz Pereira, the central bank’s director of international affairs.
The US is struggling to keep up with surging demand for visas in Brazil and China, as the growing middle class in the world’s two biggest emerging markets flock to US shopping malls and tourist resorts.
Uruguay’s President, José Mujica said on Monday that Argentina had nothing to do with the comment made by France’s leader Nicolas Sarkozy indicating that Uruguay was a “tax haven.”
Luis Maria Kreckler currently Argentina’s Foreign Ministry’s Trade and Economic Affairs secretary and who was also considered a strong candidate to be the Foreign Minister in the next presidential cabinet, was appointed as Argentina’s Ambassador to Brazil.
Brazilian President Dilma Rousseff addressing the results of the G20 summit in Cannes, where Brazil was one of the countries represented said that job creation is a way to tackle economic crises.
Advisers to Brazil’s Labor Minister Carlos Lupi demanded kickbacks from non-government organizations with government contracts, newsmagazine Veja reported Sunday, citing unnamed lawmakers and officials.