Brazilian Finance Minister Guido Mantega insisted while in Washington on the need of the international community to coordinate and reach some kind of agreement during the next G20 summit in order to put an end to the currency war that puts world recovery in danger.
Britain is ramping up efforts to sell about 11 new naval vessels, including frigates, to the Brazilian Navy in a bid to catch up with marketing efforts launched by France and Italy, according to a recent article from DefenseNews.
Brazil's economy will likely be larger than that of Italy next year, according to the latest data from the International Monetary Fund (IMF).
Automobile production in Brazil is forecasted to grow 13.1% this year, more than the 6.5% expansion predicted previously according to the national automakers' association Anfavea. Output will probably end the year at 3.62 million units, Anfavea said.
Brazil’s ruling party candidate Dilma Rousseff is playing up her Roman Catholic background in efforts to win back religious voters, whose doubts about her faith and position on abortion rights may have cost her an outright victory in Sunday’s presidential election.
Brazil forecasts a record crop of cereals and oilseeds totalling 148.9 million tons, the largest ever, according to the latest release from the Brazilian Geography and Statistics Institute, IBGE.
The cultivation of genetically modified plants increased globally in 2009 with the field area rising by nine million hectares over 2008 to a total of 134 million.
Brazilian political analysts are trying to explain way Sunday’s electoral party went sour for Dilma Rousseff and her mentor Lula da Silva, the most popular president of the country in the last six decades.
The candidate who won the most votes in Brazil’s Sunday general elections, Tiririca the clown, will have to show electoral authorities that he can read and write to avoid his electoral victory being annulled, an elections official said.
Brazil doubled this week the tax on foreign investors buying local bonds or making deposits in fixed returns in an attempt to curb a currency rally that has turned into an issue in the country's presidential race.