Brazil

• Thursday, January 5th 2012 - 05:33 UTC

  In a decade Brazil must increase power generating capacity by 56%

  

  Brazil must expand electricity production over the next decade by an amount equivalent to the power generated by three Itaipú hydroelectric dams, according to a study released Wednesday by the state-run Energy Research Corporation, EPE.

• Thursday, January 5th 2012 - 05:21 UTC

  Brazil last year had the second-largest inflow of dollars: 65.2bn

  

  Brazil last year recorded the second-largest dollar inflow in its history, 65.2 billion dollars, up 168% from 2010, with most in the form of foreign investment, the Central Bank said on Wednesday.

• Wednesday, January 4th 2012 - 17:33 UTC

  Brazil will continue to import beef from Paraguay except from the FMD area

  

  Brazil announced it will continue to receive different meats from the whole territory of landlocked Paraguay with the exception of the country of San Pedro were an outbreak of foot and mouth disease was confirmed this week, the second in four months

• Wednesday, January 4th 2012 - 06:26 UTC

  Dry weather, heat and lack of rain threaten Mercosur soybean crop

  

  Mercosur soybean production is expected to fall 2.9% after dry weather and heat damaged crops in Brazil and Paraguay and as conditions deteriorate in Argentina, Hamburg-based industry researcher Oil World said.

• Wednesday, January 4th 2012 - 06:03 UTC

  Brazilian auto sales rose 2.9% to a record 3.4 million in 2011

  

  Brazilian auto sales rose 2.9% to a record 3.4 million units in 2011, compared with the previous year, the daily O Estado de S. Paulo reported Tuesday, quoting industry sources.

• Wednesday, January 4th 2012 - 05:20 UTC

  Petrobras announced discovery of light oil offshore Espirito Santo basin

  

  Petrobras has discovered light oil and gas accumulation in the Tambuata prospect in Brazil’s offshore Espirto Santo basin. Well 4-GLF-31-ESS was drilled in 1.520 metres water depth in the Golfinho Concession (4-BRSA-1001-ESS).

• Tuesday, January 3rd 2012 - 03:18 UTC

  Rousseff promises “to protect” Brazil’s economy, domestic market and jobs

  

  Brazil is moving into an ‘era of prosperity’ characterized by ‘income distribution and a notorious drop in inequalities” said President Dilma Rousseff in her first 2012 radio edition of ‘Enjoying coffee with the President’, where she also dared to use the word ‘protection’ in reference to jobs and the domestic market.

• Tuesday, January 3rd 2012 - 03:12 UTC

  Brazil trade surplus soars to 30bn, the highest since 2007

  

  Brazil's 2011 trade surplus soared 47.8% to nearly 30 billion dollars, compared with the previous year, the highest since 2007, with record exports and imports, official data showed Monday.

• Tuesday, January 3rd 2012 - 02:37 UTC

  Britain will supply the Brazilian navy with three patrol vessels

  

  The UK BAE Systems has signed a deal with the Brazilian Navy to supply it with three patrol vessels. The contract is worth £133m.

• Monday, January 2nd 2012 - 06:45 UTC

  The most spectacular New Year parties in Brazil, says World Travel Guide

  

  Rain on the last night of 2011 but which stopped a few minutes before 24 tons of fireworks were set off didn’t stop 2 million people from attending Rio de Janeiro’s main New Year’s festival, an event that was confirmed to be the largest of its kind in the world.