Brazil

• Tuesday, December 14th 2010 - 02:24 UTC

  Billions in Venezuelan infrastructure projects for Brazilian corporations

  

  Bridges, highways, petrochemical, steel and power plants, aqueducts, agriculture, livestock and abattoirs, shipyards and even simple cable cars are among Brazilian major corporations’ contribution to Venezuelan President Hugo Chavez construction of “Socialism XXI century”, according to Fernando Portela president of the Brazilian/Venezuelan Chamber of Commerce and Industry.

• Sunday, December 12th 2010 - 23:51 UTC

  Brazil successfully launches and recovers rocket to test micro-gravity experiments

  

  Brazil announced over the weekend it has successfully launched a medium sized rocket developed in the country which included several micro-gravity test instruments all of which were rescued from the sea following an 18 minutes flight.

• Saturday, December 11th 2010 - 06:17 UTC

  Brazil’s consumer inflation 0.83% in November, highest monthly level in 5 years

  

  Brazil's consumer inflation (IPCA) reached 0.83% in November, the highest monthly level in more than five years. November 2009 the index was 0.41% and last October 0.75%. The pace of price rises has not been this fast since April 2005, when it reached 0.87%..

• Saturday, December 11th 2010 - 00:34 UTC

  Brazil’s Embraer moves into the defence and security industry

  

  Brazilian aircraft maker Embraer on Friday unveiled a new subsidiary to focus solely on the defence and security industry, in a further move beyond from its core civil aviation business. The company said in a statement its new Embraer Defence and Security unit will be headed by Chief Financial Officer Luiz Carlos Aguiar.

• Friday, December 10th 2010 - 05:54 UTC

  Lula da Silva supports Assange and asks what about freedom of expression?

  

  Brazilian President Lula da Silva defended Julian Assange, founder of the WikiLeaks.org website that published more than 250,000 of U.S. diplomatic cables sent to or from embassies around the world and asked where are those rabid defenders of freedom of expression.

• Friday, December 10th 2010 - 02:21 UTC

  Brazil’s trade surplus down 40% in 2010 boosted by demand for imports

  

  Brazil’s trade surplus this year should reach 16 billion US dollars, which is 40% below 2009, according to Foreign Trade Secretary, Welter Barral. He added it was too early to talk about 2011 targets, given the world scenario and “at this stage we can’t say if we are going to run a (trade) deficit next year”.

• Friday, December 10th 2010 - 02:15 UTC

  Infrastructure loan to improve living conditions in Rio do Janeiro’s favelas

  

  Rio de Janeiro, Brazil’s second biggest city will receive a 150 million US dollars loan from the Inter-American Development Bank (IDB) to improve living conditions in low-income neighborhoods, known as favelas.

• Thursday, December 9th 2010 - 07:52 UTC

  Rio displays the world’s largest floating Xmas tress with 3.3 million lights

  

  Thousands of Brazilians and visitors gathered at Rio de Janeiro's Rodrigo de Freitas Lake to witness the lighting of the world largest floating Christmas tree with 3.3 million lights.

• Thursday, December 9th 2010 - 07:49 UTC

  Brazil’s main coalition partner given five ministries in Rousseff’s cabinet

  

  Brazilian President-elect Dilma Rousseff on Wednesday nominated five Cabinet members from her most important coalition partner in an effort to secure congressional support for her government.

• Thursday, December 9th 2010 - 07:47 UTC

  Brazil central bank leaves basic rate unchanged, but hike anticipated for January

  

  Brazilian policy makers kept their benchmark overnight rate unchanged on Wednesday after curbs on credit allowed central bank President Henrique Meirelles to leave anticipated rate increases for his successor.