Brazil

• Thursday, September 29th 2011 - 06:09 UTC

  Brazilian judge orders halt to construction of third largest dam in the world

  

  A judge in Brazil has ordered a halt to construction of a multi-billion-dollar dam project in the Amazon region. Judge Carlos Castro Martins barred any work that would interfere with the natural flow of the Xingu river.

• Wednesday, September 28th 2011 - 10:22 UTC

  Brazilian policemen arrested on suspicion of murdering anti-corruption judge

  

  A senior Brazilian police officer has been arrested on suspicion of ordering the murder of a judge who investigated police corruption.

• Wednesday, September 28th 2011 - 06:24 UTC

  Brazil adapts to weaker Real: cuts fuel tax to prop Petrobrás and contain inflation

  

  Brazil cut a tax on fuel sold by Petrobras by 16% helping prevent surging import costs from squeezing profit margins at the state-run company and reducing the need for price increases as inflation quickens.

• Wednesday, September 28th 2011 - 06:21 UTC

  Japan’s number 2 automaker plans to increase production in Brazil

  

  Japan's number two automaker, is planning to invest 1.5 billion dollars to build a factory in Brazil that might produce electric cars, according to reports in the media.

• Tuesday, September 27th 2011 - 23:32 UTC

  A ketchup scam turns sour and lands all three players in jail

  

  A jealous Brazilian woman could not tolerate her man’s double life with a second lover, so she appealed to her life’s savings to have the competitor for the same love, ‘Lupita’ disappeared.

• Tuesday, September 27th 2011 - 22:45 UTC

  Inflation picking up and lower interest rates, forecasts Brazil central bank survey

  

  Brazil’s central bank will miss its inflation target this year for the first time since 2003 according to a central bank survey of economists. Consumer prices will rise 6.52% this year, according to the median forecast in a Sept. 23 central bank survey of about 100 analysts published Monday.

• Tuesday, September 27th 2011 - 01:39 UTC

  Brazilian officials committed to protect the Real from international volatility

  

  Brazil’s Finance Minister Guido Mantega returned home early from the IMF/World Bank meetings in Washington this weekend, after a plunge in the Real extended the world’s biggest currency slump over the past month.

• Monday, September 26th 2011 - 18:33 UTC

  Uruguay begins negotiations to mitigate Brazilian trade restrictions

  

  A Uruguayan government delegation will begin talks on Tuesday in Brazil to address the latest restrictions imposed by Mercosur largest member and which threaten several manufacturing sectors, particularly the auto industry, said Foreign Affairs minister Luis Almagro.

• Monday, September 26th 2011 - 06:27 UTC

  The Economist analyzes trade restrictions (protectionism) in Argentina and Brazil

  

  The Economist in its latest edition has a two-chapter piece on trade restrictions imposed by South America’s two biggest economies. The first (“Keep Out”) refers to Argentina and the second (“A self made siege’) to Brazil.

• Monday, September 26th 2011 - 03:53 UTC

  LAN assessing regulator’s tough conditions for the takeover of Brazil’s TAM

  

  LAN Airlines said it hopes its multibillion-dollar takeover of Brazil's TAM will be completed in the first quarter of 2012, but it is studying conditions imposed by Chile's regulator.