Brazilian President Lula da Silva launched Tuesday the bidding process for the construction of the high-speed rail service between the country’s two largest cities, Sao Paulo and Rio do Janeiro, which should be running by 2016 when Brazil hosts the Olympic Games.
The recent resumption of negotiations for a cooperation and free trade agreement between Mercosur and the European Union will be at the heart of the EU/Brazil summit scheduled to begin Wednesday in Brasilia.
Brazil’s oil regulator ANP said it concluded its first test at the Franco offshore field, which holds the oil reserves that the government may sell state-controlled Petroleo Brasileiro SA, Petrobras, in exchange for new stock.
Brazil’s automobile production increased 19.1% in the first half of the year compared to the same period a year ago and exports soared 62.3% according to the Brazilian automakers association Anfavea.
One of the world's biggest oil producers has sought global PR expertise as it expands a controversial deep sea offshore sub-salt drilling program.
Brazilian President Lula launched “Brazil is Calling You” campaign in Johannesburg, following South Africa officially handing over the keys to Brazil as the next host nation of the FIFA World Cup.
Brazilian president Lula da Silva confirmed Friday he will not be present at the South Africa World Cup final on Sunday because he has urgent work in the northeast of the country ravaged by floods that has left tens dead and thousands homeless.
Brazilian opposition presidential candidate Jose Serra strongly questioned the ‘radical’ positions of hopeful Dilma Rousseff, from the ruling Workers Party, who after publishing and signing her government program in internet was forced, just a few hours later, to make important rectifications.
Brazil officially launched Tuesday the campaign for October presidential election which begins with a polarized scenario and the two main candidates, incumbent Dilma Rousseff and opposition hopeful Jose Sierra virtually even in vote intention according to the latest public opinion polls.
Brazilian aircraft manufacturer Embraer announced Tuesday the creation of a technical-services subsidiary in China, where the company has been building planes since 2003 in a joint venture with a Chinese firm.