Brazil

• Wednesday, March 23rd 2011 - 02:44 UTC

  Brazil reiterates significance of Mercosur and strategic relation with Argentina

  

  Brazil reaffirmed the significance of Mercosur for President Dilma Rousseff administration’s foreign policy and underlined the strategic relation with Argentina, Brazil’s main associate in the trade block.

• Tuesday, March 22nd 2011 - 22:17 UTC

  Brazilian president conditions pending visit to Paraguay

  

  President Dilma Rousseff will not be visiting Paraguay until the Brazilian Congress approves the Itaipú reversal notes which establish a greater compensation for surplus power purchased from Paraguay by Latin America’s energy hungry largest economy.

• Monday, March 21st 2011 - 21:52 UTC

  US Export-Import bank loans Brazil 3 billion USD for oil and World Cup

  

  The US government's export credit agency has authorized $3 billion in financing for Brazil, including 2 billion US dollars for the Brazilian government-managed oil company Petrobras.

• Monday, March 21st 2011 - 21:50 UTC

  Speculation that Brazil’s s steel industry is in the process of consolidation

  

  Brazil’s biggest maker of steel products for the auto and construction industries, Gerdau SA, plans to sell as much as 4.2 billion Real (2.5 billion USD) of stock, boosting speculation that it has plans to buy a stake in a Brazilian rival, most probably Usiminas.

• Monday, March 21st 2011 - 07:11 UTC

  Obama says Brazil’s transition to democracy an example for the Arab world

  

  President Barack Obama, declaring support for Brazil’s rising global economic clout, said the country’s transition from dictatorship to democracy can serve as a model for pro-democracy movements around the world, including in North Africa and the Middle East.

• Sunday, March 20th 2011 - 08:20 UTC

  Obama promises Brazil will be treated the same way as China and India

  

  Addressing the Brazilian Industry Federation, in Brasilia President Barack Obama emphasized the possibilities for partnership between the two countries mentioning trade, energy, infrastructure and education. The US leader said that “the future has arrived in Brazil” and promised the US would deal with the country in the same way it does with China and India.

• Sunday, March 20th 2011 - 08:12 UTC

  US/Brazil to advance trade and economic cooperation agreement

  

  Brazil and the United States agreed on Saturday to boost future cooperation on a range of key issues including trade and energy. The agreements were signed on the first day of US President Barack Obama's two-day visit to Brazil, where he met with Brazilian counterpart Dilma Rousseff. They include TECA, a trade and economic cooperation agreement with a road map for future negotiations.

• Sunday, March 20th 2011 - 07:23 UTC

  Obama praises Brazil but falls short of backing bid for UN Security Council

  

  US President Barack Obama heralded Brazil's “extraordinary” rise on the world stage but stopped short of backing its bid for a permanent seat on the United Nations Security Council.

• Saturday, March 19th 2011 - 00:06 UTC

  Brazil wants an equals relation with the US, says Foreign minister Patriota

  

  Brazil’s Foreign Affairs minister Antonio Patriota said that the visit of US president Barack Obama represents a significant reset in bilateral relations. What Brazil wants, declared the minister, ‘is to be treated as an equal, in a more seamless relationship without confrontations’.

• Saturday, March 19th 2011 - 00:03 UTC

  Obama’s Rio Sunday’s public speech moved from an open plaza to a theatre

  

  President Barack Obama has cancelled a public speech he was scheduled to deliver Sunday in Rio’s main square during his visit to Brazil, the US embassy in Brasilia said.
  The speech in the historic plaza known as Cinelandia, in the heart of Rio de Janeiro, “is cancelled” said an embassy spokesperson.