Brazil

• Sunday, January 8th 2012 - 05:14 UTC

  Spain opens tax evasion “hunting season” and targets 8 billion Euros

  

  Spain’s new Conservative Government announced this week a wide ranging plan against fiscal fraud and tax evasion by which it hopes to recoup over 8 billion Euros for treasury coffers in 2012 alone. And it has also announced it will be engaging countries which have ceased to be tax-havens in order to step up the Government’s efforts against tax evasion in Spain.

• Friday, January 6th 2012 - 07:10 UTC

  Ford launches Brazil designed EcoSport to be marketed in 100 countries

  

  The Brazilian subsidiary of automaker Ford has unveiled a new version of its EcoSport SUV and says it will be sold in close to 100 countries. The car was introduced Wednesday in the Brazilian capital and at the Auto Expo show in New Delhi.

• Friday, January 6th 2012 - 06:45 UTC

  Heavy rains and mudslides threaten Rio do Janeiro; 35.000 residents displaced

  

  Brazil's Rio de Janeiro state placed emergency teams on maximum alert as heavy rains that have displaced 35.000 residents were forecast to continue, reviving fears of mudslides and flooding that killed about 900 people last year.

• Thursday, January 5th 2012 - 05:33 UTC

  In a decade Brazil must increase power generating capacity by 56%

  

  Brazil must expand electricity production over the next decade by an amount equivalent to the power generated by three Itaipú hydroelectric dams, according to a study released Wednesday by the state-run Energy Research Corporation, EPE.

• Thursday, January 5th 2012 - 05:21 UTC

  Brazil last year had the second-largest inflow of dollars: 65.2bn

  

  Brazil last year recorded the second-largest dollar inflow in its history, 65.2 billion dollars, up 168% from 2010, with most in the form of foreign investment, the Central Bank said on Wednesday.

• Wednesday, January 4th 2012 - 17:33 UTC

  Brazil will continue to import beef from Paraguay except from the FMD area

  

  Brazil announced it will continue to receive different meats from the whole territory of landlocked Paraguay with the exception of the country of San Pedro were an outbreak of foot and mouth disease was confirmed this week, the second in four months

• Wednesday, January 4th 2012 - 06:26 UTC

  Dry weather, heat and lack of rain threaten Mercosur soybean crop

  

  Mercosur soybean production is expected to fall 2.9% after dry weather and heat damaged crops in Brazil and Paraguay and as conditions deteriorate in Argentina, Hamburg-based industry researcher Oil World said.

• Wednesday, January 4th 2012 - 06:03 UTC

  Brazilian auto sales rose 2.9% to a record 3.4 million in 2011

  

  Brazilian auto sales rose 2.9% to a record 3.4 million units in 2011, compared with the previous year, the daily O Estado de S. Paulo reported Tuesday, quoting industry sources.

• Wednesday, January 4th 2012 - 05:20 UTC

  Petrobras announced discovery of light oil offshore Espirito Santo basin

  

  Petrobras has discovered light oil and gas accumulation in the Tambuata prospect in Brazil’s offshore Espirto Santo basin. Well 4-GLF-31-ESS was drilled in 1.520 metres water depth in the Golfinho Concession (4-BRSA-1001-ESS).

• Tuesday, January 3rd 2012 - 03:18 UTC

  Rousseff promises “to protect” Brazil’s economy, domestic market and jobs

  

  Brazil is moving into an ‘era of prosperity’ characterized by ‘income distribution and a notorious drop in inequalities” said President Dilma Rousseff in her first 2012 radio edition of ‘Enjoying coffee with the President’, where she also dared to use the word ‘protection’ in reference to jobs and the domestic market.