Brazil

• Monday, January 30th 2012 - 09:45 UTC

  Chile, Brazil and Uruguay among the world’s leading exporters of wood chips

  

  Wood chip exports from Latin America are on track to reach a record high of almost eight million tons in 2011, reports the Wood Resource Quarterly. This would be an increase of 7% from last year and of almost 60% higher than in 2006.

• Monday, January 30th 2012 - 06:40 UTC

  American Airlines increases flights to seven major Brazilian cities

  

  American Airlines announced changes to its coming spring and summer schedule that will expand the airline’s presence in Brazil. Next December, American’s route between Dallas/Fort Worth (DFW) and Sao Paulo (GRU) will be operating with the new state-of-the-art Boeing 777-300ER, making Brazil the first market for the new aircraft.

• Saturday, January 28th 2012 - 10:16 UTC

  Brazil exceeded budget primary target last year and is optimistic about 2012

  

  Brazil’s central government exceeded its budget target for 2011 by posting a primary surplus (excluding interest payments) of 93.5 billion Reais (53.7 billion dollars) for the year.

• Saturday, January 28th 2012 - 07:13 UTC

  Drought in Argentina and Brazil cuts significantly corn crops’ volumes

  

  Corn advanced heading for the biggest weekly gain in five as concerns that a renewed heat wave in Argentina and south Brazil may damage crops boosted demand for US grain. Soybeans were little changed.

• Friday, January 27th 2012 - 11:39 UTC

  Rousseff signals clear difference with Lula da Silva in coming visit to Cuba

  

  Brazil issued a tourist visa to a dissident Cuban blogger a few days before President Dilma Rousseff is scheduled to travel to the Castro family island in a visit being dominated by human rights concerns.

• Friday, January 27th 2012 - 11:25 UTC

  Petrobras admits oil leak off the coast of southern Brazil

  

  Transpetro, a subsidiary of Brazil's state-run energy giant Petrobras, said Thursday it had detected an oil leak off the coast of Rio Grande do Sul state but did not know how much had spilled.

• Wednesday, January 25th 2012 - 07:44 UTC

  AI calls on Brazil to protect 1.600 families evicted by force from a settlement

  

  Amnesty International has called on the Brazilian authorities to urgently address the needs of some 1.600 families made homeless by a forced eviction in a settlement in Sao Paulo state, Brazil.

• Wednesday, January 25th 2012 - 07:42 UTC

  President Rousseff to address protestors of anti-Davos Economic Forum

  

  Thousands of trade unionists, students and activists for indigenous and environmental causes gathered Tuesday in the southern Brazilian city of Porto Alegre to kick off debate in the anti-capitalist World Social Forum.

• Wednesday, January 25th 2012 - 07:37 UTC

  BMW plans to build cars in Brazil as of 2014

  

  Germany’s BMW Ag., the world’s largest luxury carmaker plans to build cars in the Brazilian state of Santa Catarina from 2014 reports Automobilewoche.

• Wednesday, January 25th 2012 - 03:58 UTC

  Brazil record foreign direct investment more than compensates current account deficit

  

  Brazil posted a record-high current account deficit in 2011 on rising profit remittances by multinational companies and massive spending abroad by Brazilian tourists, but the deficit was more than covered by another record, this time for foreign direct investment, the central bank said Tuesday.