Brazil

Wednesday, February 2nd 2011 - 14:27 UTC
Brazilian oil output reaches 2.18 million bpd in December; 9% above a year ago

Brazil’s production of oil and natural gas in December 2010 surpassed the previous one-month record, according to a release from the ANP regulatory agency. December 2010 oil output of 2.18 million barrels per day represents a 4.4% increase over November and was 9.1% higher than in December 2009.
Wednesday, February 2nd 2011 - 06:53 UTC
Trade deficit main “concern” for Argentine/Brazilian relations

Argentine Foreign Affairs minister Héctor Timerman revealed Tuesday that the trade deficit Argentina has with Brazil is “concerning”, and indicated that both nations are working “to reduce it.”
Tuesday, February 1st 2011 - 12:54 UTC
Northeast Brazil to become “tuna hub” with support from Japan

Japan will help Brazil develop a “tuna hub” at the north of the country with the purpose of doubling tuna catches. State of the art Japanese equipment together with Brazilian personnel specially trained to operate the new logistics are at the heart of the ambitious project which plans to turn the north-eastern impoverished state of Rio Grande do Norte into a tuna hub covering an extensive zone of the Atlantic.
Tuesday, February 1st 2011 - 00:34 UTC
Rousseff blasts US and China’s currencies’ “competitive depreciation” policies

Emerging market countries such as Brazil and Argentina must take a stronger position against “competitive depreciations,” Brazilian President Dilma Rousseff told Argentine press on Sunday.
Tuesday, February 1st 2011 - 00:06 UTC
Brazil and Argentina ratify “strategic relation” and commit greater integration

In her first overseas visit as Brazilian president, Dilma Rousseff ratified Monday in Buenos Aires the “special strategic” relation with Argentina while her counterpart Cristina Fernandez de Kirchner, CFK, called for an “increased productive integration” between the two leading Mercosur partners.
Sunday, January 30th 2011 - 21:16 UTC
Work Gets Underway on Amazonian Hydro Project

Building will now begin on what will be the world's third-largest hydroelectric dam after Ibama, Brazil's environment agency, gave the go-ahead for the controversial $17 billion (£10.6 billion) project.
Sunday, January 30th 2011 - 20:52 UTC
Dilma Rousseff Makes First Trip Abroad As President to Argentina

Brazilian President Dilma Rousseff will arrive in Argentina on Monday on her first foreign trip as president.
Friday, January 28th 2011 - 21:13 UTC
IMF Assessment of Brazil Is ‘Wrong and Stupid’

The International Monetary Fund’s assessment that Brazil’s fiscal situation is worsening and putting at risk the government’s targets is “totally wrong” and “stupid,” Finance Minister Guido Mantega said.
Thursday, January 27th 2011 - 21:01 UTC
Record Low Unemployment Rate in Brazil for 2010

Brazil’s booming economy registered record low unemployment in 2010 as a strengthening economy created jobs. The rate fell to a record low in 2010, as the country’s economy records the fastest growth since 1985.
Thursday, January 27th 2011 - 00:18 UTC
Rains in Brazil Oust Over 25,000 From Homes

Over 25,000 people have been forced to move out of their homes in the Serrana region in the south-eastern Brazilian state of Rio de Janiero, because of the devastating rains and mudslides. which lasted thirteen days and killed over 800 people, authorities said..