Brazil

Friday, November 19th 2010 - 16:01 UTC
Brazilian central bank chief steps down from president-elect Rousseff’s team

Brazilian central bank president Henrique Meirelles will not accept any invitation to remain as head of the bank unless president-elect Dilma Rousseff gives him full guarantees of “absolute autonomy” in running the institution. He also rejects the idea of holding on the job during the first quarter of 2011 until a definitive successor is named.
Friday, November 19th 2010 - 02:01 UTC
Brazil’s ruling party main ally putting pressure on president-elect Rousseff

Brazil’s ruling Workers Party main ally in Congress Brazilian Democratic Movement, PMDB, has formed its own legislative group hoping to dispute some of the most strategic posts in the new congress that takes office next January first.
Tuesday, November 16th 2010 - 22:44 UTC
A “regulatory framework”, Lula da Silva’s farewell present for Brazilian media

Brazil is drafting a media bill that is geared to stimulate the participation of common citizens in the communications industry and preventing market rules from governing such a sensitive area, announced Social Communications minister Franklin Martins.
Tuesday, November 16th 2010 - 05:02 UTC
Top French sociologist fears a “populist” temptation in Brazil’s new government

Brazilian president-elect Dilma Rousseff was a creation of President Lula da Silva and could fall prey to the temptation of a populist system, said French Sociologist and political scientist Alain Touraine currently visiting Sao Paulo.
Monday, November 15th 2010 - 21:11 UTC
Bilateral Argentina/Brazil trade forecasted to reach record of 34 billion USD

Bilateral trade among Mercosur main partners, Argentina and Brazil is expected to reach a “historic record” of almost 34 billion US dollars this year, 80% of which mostly manufactured goods, according to Argentine Industry minister Deborayh Giorgi, who also anticipated that the deficit would drop 30%.
Monday, November 15th 2010 - 19:29 UTC
Dilma prepared to apply drastic measures to contain Brazil’s currency surge

Brazilian president-elect Dilma Rousseff admitted her administration would take all the necessary measures possible to prevent the Brazilian Real from increasing its value vis-à-vis the US dollar, according to reports from the Sao Paulo press that interviewed the successor of President Lula da Silva in the recent G-20 summit in Korea.
Monday, November 15th 2010 - 08:27 UTC
Rousseff’s Brazil expected to restrain public spending and lower interest rates

Brazilian President-elect Dilma Rousseff efforts to restrain public spending will allow the central bank to cut the benchmark interest rate next year, Finance Minister Guido Mantega said.
Friday, November 12th 2010 - 18:38 UTC
Brazilian health officials say anti-biotics KPC bacteria situation is “under control”

Four more people have died from the KPC bacteria in Brazil's capital, bringing the death toll so far this year to 22, health officials in Brasilia said earlier this week, adding that the situation has begun to be brought “under control.”
Wednesday, November 10th 2010 - 04:44 UTC
Petrobras leases 20 drilling rigs to become operational in next two years

Brazil’s government managed oil and gas corporation Petrobras announced it leased 20 foreign drilling rigs that will start operating in the next two years as it seeks to boost its capacity to explore for and produce oil.
Tuesday, November 9th 2010 - 02:16 UTC
Brazil’s population is 186 million; 9.5% increase over the previous census in 2000

Brazil, the country with most territory in Latin America also has the largest population, almost 186 million according to preliminary figures from the latest census, released by the Brazilian Geography and Statistics Institute, IBGE.