Brazil

• Friday, May 6th 2011 - 17:29 UTC

  Brazil’s inflation peaks in April, but prices should begin slowing down in May

  

  Brazil’s benchmark consumer price index in April exceeded the upper limit of the government’s target range for the first time since 2005 but officials are confident April was a peak and during May the tendency is for inflation to decelerate.

• Friday, May 6th 2011 - 17:26 UTC

  Brazilian automobile industry, still strong, begins to feel the tight money pinch

  

  Automobile production in Brazil fell 4.9% and sales dropped 5.5% in April from March, the national automakers' association said on Friday.

• Friday, May 6th 2011 - 17:24 UTC

  Top US grain processors join the ‘bio-fuel refineries rush’ in Brazil

  Cargill Inc and the world’s largest grain processor Archer-Daniels-Midland Co, are planning to invest about 560 million US dollars in new bio-fuel refineries in Brazil.

• Friday, May 6th 2011 - 06:17 UTC

  Brazil’s high court unanimously recognizes rights of same-sex couples

  

  Brazil's Supreme Court ruled unanimously Thursday that the nation should recognize same-sex unions. The court voted 10-0 in favor of recognizing the unions. One justice abstained because he had spoken publicly in favor of same-sex unions when he was attorney general.

• Friday, May 6th 2011 - 02:42 UTC

  First body recovered from Air France wreckage in seabed four kilometres deep

  

  An undersea recovery team has retrieved a first body from the wreck of an Air France jet that crashed into the Atlantic in 2009 with the loss of all 228 on board, French police said on Thursday.

• Friday, May 6th 2011 - 01:42 UTC

  Boosted by bio-fuels Brazil increases soy bean and oil processing-refining capacity

  

  Brazil’s soy bean processing volume increased 7% in 2010 over 2009 while at the same time reducing idle capacity given the larger crop and a jump in the production of bio fuels, according to a release from Abiove, (Brazilian association of vegetable oil industries).

• Thursday, May 5th 2011 - 08:26 UTC

  German president and trade delegation on three-day visit to Brazil

  

  German President Christian Wulff is in Brazil on a three-day visit aimed at strengthening ties between the two countries and discussing mutual co-operation in science and technology.

• Thursday, May 5th 2011 - 01:46 UTC

  Brazilian corporation becomes ‘orange juice king’ of the world

  

  Citrovita and Citrosuco of Brazil won European Union antitrust approval for their merger plan to form the world’s largest wholesale supplier of orange juice.

• Wednesday, May 4th 2011 - 18:38 UTC

  Mercosur main partners heading for a record year in bilateral trade

  

  Trade among the two leading Mercosur partners reached 11.7 billion US dollars during the first four months of the year with Argentine exports to Brazil reaching a record 5.2 billion USD. This is 29% higher than in 2010 and 23% above the 2008 record year.

• Tuesday, May 3rd 2011 - 18:13 UTC

  Air France Flight 447 cockpit voice recorder recovered from the Atlantic

  

  The French aviation safety agency BEA announced on Tuesday the discovery and recovery of Air France Flight 447′s cockpit voice recorder from the bottom of the Atlantic Ocean, nearly two years after the Airbus A330-200 disappeared.