Brazil

• Wednesday, February 14th 2007 - 20:00 UTC

  Petrobras profits slump 36% in 4Q

  

  Brazilian state oil company Petrobras said yesterday fourth-quarter profit fell 36 percent, hit by higher production costs that its chief executive said were worrisome.

• Tuesday, February 13th 2007 - 20:00 UTC

  Brazil describes Bolivia's foreign policy: “childish”

  

  Brazil described as “childish and amateur” Bolivia's indication that it may cancel a scheduled presidential bilateral summit, if Brazil does not pay more for Bolivian natural gas.

• Monday, February 12th 2007 - 20:00 UTC

  Brazil promises to eliminate Mercosur inside obstacles

  

  Brazil will continue working to eliminate obstacles which have effects on Mercosur junior members, Uruguay and Paraguay, said the country's Foreign Affairs minister Celso Amorim.

• Friday, February 9th 2007 - 20:00 UTC

  Brazil and US to boost regional ethanol industry

  

  Ahead of US President George Bush's visit, Brazil announced plans to invest almost 5 billion US dollars over the next 10 years into biotechnology research involving renewable energy, agriculture and rain forest pharmaceuticals.

• Wednesday, February 7th 2007 - 20:00 UTC

  Ruling could drastically cut traffic in Brazil's busiest airport

  

  Brazilian authorities have warned that up to 10.000 passengers could be stranded daily if a court ruling which for security reasons bans large aircrafts from operating in one of Sao Paulo's several airports, becomes effective next Thursday.

• Wednesday, February 7th 2007 - 20:00 UTC

  Petrobras begins production in the Gulf of Mexico

  

  Brazil's government managed oil company Petrobras announced the beginning of production at the offshore Cottonwood field in the Gulf of Mexico, United States.

• Wednesday, February 7th 2007 - 20:00 UTC

  Dengue alert issued in S America

  

  A health alert has been declared in Brazil, Paraguay and Bolivia after an outbreak of dengue fever.

• Wednesday, February 7th 2007 - 20:00 UTC

  Rio's Christ Redeemer competes for World Wonders title

  

  In a colorful ceremony full of music and dance, Brazil's Rio do Janeiro officially presented this week the candidacy of the impressive Christ Redeemer on the Corcovado hill as one of the modern world's seven wonders.

• Monday, February 5th 2007 - 20:00 UTC

  Brazilian negotiator pessimistic about Doha round conclusion

  Brazil's chief negotiator at the Doha Round of trade talks at the World Trade Organization (WTO) accused United States of moving “countercurrent” regarding the liberalization of global agricultural trade and expressed uncertainty that negotiations can conclude this year.

• Tuesday, January 30th 2007 - 20:00 UTC

  Lula's 4 year economic plan faces crucial negotiations

  

  Brazilian president Luiz Inacio Lula da Silva called Tuesday for “unity and hard work” from all leaders of the ruling coalition to ensure the quick approval of the economic package recently announced and which is the backbone of his second mandate.