Brazil

Friday, March 18th 2011 - 18:55 UTC
Brazil “could be important partner” for the US, says President Rousseff

Brazil’s President Dilma Rousseff said that Barak Obama’s visit this weekend strongly consolidates the perception that Brazil “could be an important partner” for the United States, during a press interview.
Friday, March 18th 2011 - 18:51 UTC
Brazil planning to increase grain crop to 190 million tons in next decade

Brazil stands on the brink of becoming an agricultural superpower and is one of the few countries in the world with the climate, technology, farming practices and the sheer quantity of land to be able to satisfy the surging global appetite for food in the coming decades.
Thursday, March 17th 2011 - 17:41 UTC
Brazil real estate boom: 9.1m middle class families plan to buy in next 12 months

A total of 9.1 million families plan to buy real estate in Brazil over the next 12 months which is a huge increase since the Minha Casa Minha Vida (My House, My Life) program was introduced in 2009
Thursday, March 17th 2011 - 15:34 UTC
Brazil tightens land acquisition by foreigners: ‘speculators and sovereign funds’

The Brazilian government is tightening a law that restricts the amount of land foreigners can buy. The decree prohibits non-Brazilians from buying controlling shares of companies that own vast tracts of territory in the country, Brazilian Attorney General Luiz Inacio Adams said in a statement this week.
Thursday, March 17th 2011 - 15:27 UTC
Brazilian industry creates a Chinese Studies Centre to monitor bilateral trade

Brazil’s powerful Federation of Industries of Sao Paulo State (Fiesp) is set to create a Chinese Studies Centre in partnership with the federal government, the president of the federation said in Sao Paulo.
Thursday, March 17th 2011 - 07:36 UTC
World Bank loan to improve quality of life in Rio do Janeiro’s favelas

Some two million people who live in informal low income settlements (favelas) in the Rio de Janeiro Metropolitan Region, Brazil, will be benefiting from a 485 million US dollars development policy loan for the Metropolitan and Housing Project approved by the World Bank.
Thursday, March 17th 2011 - 07:28 UTC
Brazil’s unofficial ‘job-aid’ for President Obama coming visit

Rio do Janeiro governor Sergio Cabral said he expects US president Barack Obama to announce during his trip to Brazil that he supports Brasilia’s aspiration to hold a seat in a reformed UN Security Council.
Thursday, March 17th 2011 - 00:51 UTC
Hours before Obama arrives, Brazil reaffirms its commitment is with Mercosur

When US president Barack Omaba lands in Brazil next Saturday the emphasis of the visit will be on deepening economic relations and potential business opportunities, but Brazil has made it plain clear that any free trade talks with the United States can only take place in the framework of Mercosur.
Wednesday, March 16th 2011 - 15:00 UTC
US Travel Association urges Brazil and Chile be included in the Visa Waive Program

Citing an opportunity to advance national security, economic competitiveness and public diplomacy, the U.S. Travel Association has urged President Obama to discuss prospects for including Brazil and Chile in the Visa Waiver Program (VWP) when he visits South America this month.
Wednesday, March 16th 2011 - 14:55 UTC
Economists downgrade Brazilian 2011 growth to 4.1%; government insists 5%

The Brazilian government said GDP is expected to grow by more than 5% a year through 2014. The Finance Ministry says in a release argued that increased long term investments by the private sector will be fundamental in achieving the projected growth.