Brazil

• Tuesday, March 29th 2011 - 04:47 UTC

  Brazil plans to tax local corporations overseas bond issues, says financial media

  

  The Brazilian government is planning to impose a financial operations tax on overseas bond issues by Brazilian companies, local financial daily Valor Economico reported Monday.

• Tuesday, March 29th 2011 - 04:38 UTC

  Jose Comblin, one of the Liberation theology ideologues dies in Brazil

  

  The renowned theologian Jose Comblin one of the most important representatives of Latin America’s liberation theology has died in Brazil of natural causes. The Catholic Church in Brazil announced that Comblin died Sunday at a hospital in the city of Salvador. He was 88.

• Monday, March 28th 2011 - 01:27 UTC

  Lula da Silva says Latin America’s left is a model for developed countries

  

  Brazilian former president Lula da Silva underlined the significance of Latin America’s left and its responsibility as a model for developed countries in crisis, during a political rally in Montevideo to celebrate the fortieth anniversary of the Uruguayan ruling coalition, Broad Front.

• Monday, March 28th 2011 - 01:15 UTC

  Rousseff and Lula da Silva together in Portugal ‘day-after’ Iran vote

  

  Brazilian president Dilma Rousseff and her predecessor Lula da Silva will be meeting this week for an international event in Portugal, just a few days after the new government abandoned a pro-dialogue with Iran position for a more neutral stance.

• Monday, March 28th 2011 - 01:09 UTC

  Brazil only country that retains 1979 Amnesty law dictated by the military

  

  Contrary to the rest of Latin American countries, Brazil is the only where an amnesty law sanctioned by the military dictatorship in 1979 remains effective, ignoring a ruling from the Inter American Court of Human Rights, according to jurist Helio Bicudo.

• Saturday, March 26th 2011 - 08:57 UTC

  Brazil expected to raise benchmark interest rate as inflation “worsens”

  

  Brazilian Central bank President Alexandre Tombini admitted inflation forecasts may “worsen”. Consumer prices in the 12 months through mid-March rose 6.13%, the biggest jump in more than two years.

• Saturday, March 26th 2011 - 08:53 UTC

  WTO rules US is illegally taxing imported Brazilian frozen orange juice

  

  The World Trade Organization ruled Friday that the United States is illegally taxing about 2 billion US dollars a year of imported Brazilian frozen orange juice.

• Saturday, March 26th 2011 - 08:20 UTC

  Brazil’s UN vote on Iran marks first great difference between Dilma and Lula da Silva

  

  Brazil’s vote in the UN Human Rights Council in support of a rapporteur to monitor human rights in Iran, proposed by the US, signals the first great divergence in foreign policy between the current administration of President Dilma Rousseff and her predecessor and mentor Lula da Silva.

• Friday, March 25th 2011 - 01:14 UTC

  Brazilian government wants to sack CEO of the country’s largest corporation

  

  Brazilian government is facing a political backlash over its apparent efforts to force out the head of mining giant Vale, the world’s largest iron ore miner. Opposition leaders on Thursday demanded Finance Minister Guido Mantega explain reports he asked a shareholder of Vale to help seek a replacement for CEO Roger Agnelli.

• Thursday, March 24th 2011 - 18:05 UTC

  US must be more pro-active if it wants access to Brazilian oil, says Petrobras

  

  The United States must pay more importance to its strategic alliance with Brazil if it really wants to benefit from Petrobras’ recently discovered deep-water oil and natural gas reserves in the Atlantic Ocean, the company’s CEO, Jose Sergio Gabrielli, said.