The IMF forecasts Uruguay’s economy will expand 6% in 2011 and 4.2% the following year. Estimates are in line with targets made public by Uruguay’s central bank.
The Brazilian government displayed this weekend thousands of troops with air support along the borders with Argentina, Paraguay and Uruguay in a concerted effort to combat organized crime.
A total of 594 brooms representing Brazil’s 81 senators and 513 members of the Lower House have been planted in the famous Copacabana beach of Rio do Janeiro by a non government organization demanding for action against rampant corruption.
Brazil's energy giant Petrobras began pumping natural gas from the offshore Santos Basin on the new 216-kilometer Lula-Mexilhao pipeline Friday, the company said Monday in a statement.
The Brazilian government will propose before the World Trade Organization the implementation of import barriers to compensate for the growing penetration of foreign produce spurred by the sustained devaluation of the US dollars in recent years, said Industry Minister Fernando Pimentel.
Brazil will ‘defend’ the recognition of a Palestinian state during the coming United Nations General Assembly discussions, said President Dilma Rousseff’s international affairs advisor Marco Aurelio García.
After a string of takeovers in recent years, Brazilian meatpacker Marfrig Alimentos SA said on Sunday it reached a deal to sell the logistics arm acquired when it bought US distributor Keystone Foods.
Brazilian president Dilma Rousseff will become on Wednesday the first woman ever to open the round of speeches marking the beginning of the United Nations General Assembly, according to Brazilian sources.
Brazil’s celebration of the 1,000-day countdown to the 2014 is being marred by construction delays as striking workers and government foot-dragging hurt preparations for the soccer tournament.
Brazil on Thursday raised a tax on cars with a high content of imported components to protect jobs following a surge in shipments from China and elsewhere that has been fueled by a rally in the currency.