Brazil

• Wednesday, November 24th 2010 - 05:26 UTC

  Brazil promises FIFA “peace and tranquillity” for the 2014 World Cup

  

  The Brazilian government has assured FIFA officials that the 2014 World Cup will be a success, promising football's governing body “peace and tranquillity”.

• Wednesday, November 24th 2010 - 05:11 UTC

  Brazilian ambassador “mistreated” by Argentine official on trade issues

  

  The Brazilian financial newspaper Valor Economico claims Argentine Domestic Trade Secretary Guillermo Moreno “mistreated” Brazilian ambassador in Buenos Aires Enio Cordeiro following a discussion on alleged “informal” obstacles that the Cristina Fernández government is planning to apply on Brazilian imports.

• Tuesday, November 23rd 2010 - 23:02 UTC

  FDI in Brazil soars in October; reaches 30 billion USD in ten months, the year’s target

  

  Foreign direct investment in Brazil soared to 6.8 billion US dollars in October, the highest for the month since records were started. This was higher than last month with 5 billion and four times October a year ago with 1.6 billion, according to the latest release from the central bank.

• Tuesday, November 23rd 2010 - 22:59 UTC

  The challenge of “breaking mental barriers” to promote Mercosur and Unasur

  

  Brazil’s influential Foreign Affairs minister Celso Amorim revealed that his major obstacle in his eight years in the post was “breaking mental barriers” particularly in advancing relations among countries in the South and promoting such organizations as Mercosur and Unasur.

• Tuesday, November 23rd 2010 - 04:30 UTC

  Rio Grande in south Brazil geared to become “Mercosur hub and main port”

  

  Rio Grande in the south of Brazil has rapidly become the main competitor of the port of Montevideo based on a sustained expansion, deep dredging, the construction of new piers and update equipment.

• Tuesday, November 23rd 2010 - 03:02 UTC

  Brazil’s air transport infrastructure is a “growing disaster”, says IATA

  

  The chief of the International Air Transport Association or IATA sharply criticized the poor condition of Brazil airports, saying that the situation could put the country in a very bad light during the World Cup and the Olympic Games if the government does not improve capacity and renovate aging infrastructure.

• Tuesday, November 23rd 2010 - 02:57 UTC

  Food costs pressure Brazilian consumer prices and interest rate expectations

  

  Brazilian economists raised their forecast for inflation this year for the tenth consecutive week, as food costs pressure consumer prices further beyond the government’s target.

• Tuesday, November 23rd 2010 - 02:54 UTC

  Brazilian president-elect plans to maintain central bank’s “operational autonomy”

  

  Brazil’s President-elect Dilma Rousseff plans to maintain the central bank’s operational autonomy and also will keep the position of central bank president as a Cabinet-level post, according to reliable sources close to the leader.

• Monday, November 22nd 2010 - 00:12 UTC

  Brazilian navy plans a fleet of 20 subs, six nuclear powered

  

  The Brazilian navy is planning to build and incorporate in the next decades a fleet of six nuclear powered and 20 conventional submersibles (15 new and five refurbished), making it the most dissuasive fleet of South America.

• Sunday, November 21st 2010 - 21:21 UTC

  Brazil commemorates Black Consciousness Day recalling fugitive slaves’ leader

  

  Hundreds of cities, towns and villages throughout Brazil commemorated Saturday Black Consciousness Day with different festivities and cultural activities. Brazil is considered the second Black Country in the world behind Nigeria, with 75.8 million African-Brazilians and is still exposed to the consequences of racial discrimination.