Brazil

Monday, December 12th 2011 - 21:39 UTC
Monument to Brazilian general triggers controversy with human rights groups

The Order of Brazilian Lawyers, OAB, considers the building of a monument to the memory of General Golbery do Couto e Silva, considered the most important mind behind the military dictatorship (1964/1985) as an “unnecessary provocation” which involves “some military officers” in disagreement with the Truth Commission.
Monday, December 12th 2011 - 19:26 UTC
Economists downgrade Brazil’s growth estimates for this year and 2012

Brazilian bank economists cut the country’s growth estimate for this year to below 3%, (2.97%) according to a last week survey by the Central bank of over one hundred institutions and which was released Monday.
Saturday, December 10th 2011 - 05:55 UTC
Argentina and Brazil agree to jointly promote trade and manufacturing

Argentina and Brazil agreed on Friday to “increase” in the “short term” regional trade in a shared strategy to address the consequences of the global crisis. The commitment was endorsed by Argentina’ Industry minister Debora Giorgi and her Brazilian counterpart Fernando Pimentel.
Friday, December 9th 2011 - 07:16 UTC
November inflation in Brazil up 0.52% and 6.64% in last twelve months

Brazilian consumer prices rose faster than expected in November. Inflation as measured by the benchmark IPCA index, quickened to 0.52% last month from 0.43% in October.
Friday, December 9th 2011 - 06:56 UTC
Two major Brazilian corporations exchange assets in Argentina and Uruguay

Brasil Foods SA, the world’s largest poultry exporter, said it signed an asset-swap accord with Marfrig Alimentos SA after being ordered to shed some units as part of a regulatory approval for a 3.8 billion dollars takeover.
Friday, December 9th 2011 - 06:51 UTC
Mujica changes his mind and will be present for CFK taking office ceremony

Uruguayan President José Mujica changed his mind and will attend Argentine President Cristina Fernández inauguration ceremony next Saturday, official sources confirmed.
Friday, December 9th 2011 - 06:47 UTC
Brazilean minister, very close to President Rousseff on the corruption limelight

Brazil's Trade and Industry minister faced pressure Thursday to explain his personal wealth, becoming the latest and one of the most high-profile members of President Dilma Rousseff's cabinet to be targeted by the media over alleged ethics breaches.
Thursday, December 8th 2011 - 20:39 UTC
OIE puts Paraguay in FMD list; Brazil reopens market to mature boneless beef

The World Animal Health Organization, OIE, dependent from FAO, informed Paraguay that its territory had lost the condition of free of foot and mouth disease with vaccine, following an outbreak of the disease reported September 18.
Thursday, December 8th 2011 - 06:31 UTC
Delta Air moves into the Brazilian market with a stake in Gol

US Delta Air Lines Inc. agreed to buy a 100 million dollar stake in Gol Linhas Aereas Inteligentes SA, Brazil's second-largest airline by market value, and begin booking passengers on each other's jets.
Thursday, December 8th 2011 - 06:28 UTC
Ford invests 446m dollars in Brazil to build a new global model

Ford Motor Company announced that it will invest 800 million Reais (446 million dollars) to build a new global model in its Sao Bernardo do Campo plant, the heart of Brazil’s auto industry.