Brazil

• Tuesday, October 18th 2011 - 07:12 UTC

  Rousseff announces massive investment in urban transport projects

  

  President Dilma Rousseff said Monday that her administration plans to invest 30 billion Reais (17 billion dollars) in urban transportation projects across Brazil.

• Monday, October 17th 2011 - 21:41 UTC

  IMF says Brazil could experience flight of capital if Euro crisis worsens

  

  Brazil could experience a flight of capital should the European sovereign-debt crisis worsen, and the country may use interest rates and US dollar reserves to combat contagion, an International Monetary Fund director said.

• Monday, October 17th 2011 - 18:09 UTC

  International Oil and Gas expo in Buenos Aires with 300 exhibitors

  

  Argentina's 8th International Oil & Gas Expo, sponsored by the Argentine Institute of Petroleum and Gas is taking place this week in Buenos Aires.

• Monday, October 17th 2011 - 06:59 UTC

  Brazil Sports minister: next victim of the corruption-exposure campaign?

  

  Brazil’s largest circulation magazine Veja, claimed in its last edition that the Sports Minister Orlando Silva has been involved in corruption actions totalling millions of dollars originally destined to promote sports among children from poor households.

• Monday, October 17th 2011 - 04:16 UTC

  BHP Billiton plans to invest heavily in Brazilian iron ore extraction

  

  BHP Billiton , the world's biggest miner, is close to launching a £2-billion-pound bid for Brazilian iron ore miner Ferrous Resources, the Sunday Times reported. The newspaper, without citing sources, said talks between BHP and Ferrous Resources started earlier this year and had stepped up in recent weeks.

• Friday, October 14th 2011 - 07:41 UTC

  Brazil sets tough rules for three airport terminals concessions

  

  Operators interested in running Brazil's largest airport will be required to make a minimum bid of 1.3 billion dollars, Brazil's aviation authority said on Thursday.

• Thursday, October 13th 2011 - 05:54 UTC

  Massive demonstration in Brasilia against corruption and impunity

  

  Over 200.000 people took to the streets of the Brazilian capital to protest against corruption and impunity. The Wednesday rally was convened through the social networks and responds to citizens’ organizations with no political affiliation.

• Thursday, October 13th 2011 - 05:39 UTC

  Rio’s iconic “Christ the Redeemer” statue celebrates 80th anniversary

  

  On the same day that Brazilian Catholics honour their patroness, Our Lady of Aparecida, the country is celebrating Oct. 12, 2011 as the 80th anniversary of Rio’s famous “Christ the Redeemer” statue.

• Wednesday, October 12th 2011 - 05:52 UTC

  Football star says Brazil “can’t become a slave of FIFA”

  

  Brazil football star Romario has said FIFA must not be allowed to dictate changes to Brazilian law ahead of the World Cup in 2014. Romario, who is now a congressman, said laws that guarantee half-price tickets to students and pensioners should not be swept away.

• Wednesday, October 12th 2011 - 05:46 UTC

  Putin says Euro zone has sufficient resources and does not need BRIC aid

  

  Russian Prime Minister Vladimir Putin said on Tuesday that the crisis-hit Euro zone had enough resources to resolve its own troubles without support from Russia and fellow BRIC countries.