Brazil

• Saturday, May 14th 2011 - 04:50 UTC

  Argentina/Brazil agree on a ‘constructive dialogue’ to overcome trade disputes

  

  Following a long day of open letters and press exchanges Argentina and Brazil finally agreed on the ground rules for the initiation of a ‘constructive dialogue’ to soften the trade dispute which erupted when Brazil imposed non automatic licences on imported cars, including from Mercosur’ main partner Argentina.

• Friday, May 13th 2011 - 14:47 UTC

  Capital inflow to Brazil during April falls dramatically

  

  Brazil’s tax increase on foreign loans and debt sales to shield itself from the global currency war helped reduce by 88% the number of dollars that entered the country in April.

• Friday, May 13th 2011 - 14:03 UTC

  Brazil tightens requirements for car imports: Argentina and Asia targeted

  

  Brazil is tightening requirements for imports of cars in a move that sparked complaints from Argentina, its biggest supplier of the product. Imports to Brazil will need a special license that can take as long as 60 days to be approved, the Trade Ministry said in an e-mailed statement.

• Friday, May 13th 2011 - 13:55 UTC

  Brazilian president still recovering from pneumonia cancels trip to Paraguay

  

  Brazilian president Dilma Rousseff cancelled on medical advice Sunday’s trip to Asunción where she was scheduled to participate in the bicentennial celebrations of Paraguay’s independence.

• Friday, May 13th 2011 - 04:49 UTC

  Brazil warns Argentina about restrictions to bilateral trade

  

  Brazil’s Commerce and Industry minister Fernando Pimentel called on the Argentine government to de-activate restrictions on Brazilian exports and revealed he had addressed a letter to his Argentine peer Debora Giorgi exposing restrictions on bilateral trade and demanding a reply this coming week end.

• Thursday, May 12th 2011 - 18:32 UTC

  Brazilian president promises land reform and distribution for family settlers

  

  Brazilian president Dilma Rousseff claimed that land reform was needed to eradicate poverty, avoid overcrowding in urban areas and as a matter of justice for the long delayed distribution of land.“

• Thursday, May 12th 2011 - 06:44 UTC

  International tourists visiting Rio do Janeiro increased 8% to 1.49 million in 2010

  

  The number of international tourists visiting Rio de Janeiro increased by 8% in 2010 compared with the previous year, according to a study conducted by Embratur, the Brazilian Tourism Board.

• Thursday, May 12th 2011 - 06:32 UTC

  BP ups its stake in Brazil’s oil industry and will participate in September’s round

  

  British Petroleum is negotiating opportunities to buy stakes in oil fields in Brazil to accelerate production increases, the head of the company's Brazil division said on Wednesday.

• Wednesday, May 11th 2011 - 01:30 UTC

  Brazil expects a new record crop totalling 158.7 million tons

  

  Brazil will harvest this year a record crop of 158.7 million tons, 6% higher than last year’s 149.7 million tons, according to the latest release from the country’s Geography and Statistics Institute, IBGE.

• Tuesday, May 10th 2011 - 09:55 UTC

  Brazil considering leasing farm land to foreigners to circumvent sales restrictions

  

  Brazil may start leasing farm land to foreigners to find a way around new legal restrictions on land sales and attract more foreign investment, the agriculture minister said.