Brazil

• Wednesday, October 20th 2010 - 03:33 UTC

  Dilma Rousseff seems back on track and leads with 51% vote intention

  

  The Brazilian ruling party candidate Dilma Rousseff has widened her lead ahead of a presidential runoff vote on October 31, a poll showed, suggesting her campaign may be back on pace after a rough two weeks in which she appeared to be back-pedalling

• Wednesday, October 20th 2010 - 03:02 UTC

  Fiat plans to invest 6 billion USD by 2015 in Brazil to boost production

  

  Italy's Fiat will invest 10 billion Reais (USD 6 billion) in Brazil by 2015 in operations that include production of cars, auto parts and agricultural machinery.

• Tuesday, October 19th 2010 - 03:56 UTC

  Fears strong growth in Brazil will fuel inflation in months ahead

  

  Economists in a weekly central bank survey raised for a fifth straight week their forecasts for Brazil's benchmark inflation index in 2010 and 2011, underscoring concerns that growth in the economy will raise consumer prices in the months ahead, the bank said.

• Tuesday, October 19th 2010 - 03:50 UTC

  Brazil’s Vale “very well positioned” to continue as world’s largest mining group

  

  Brazil’s Vale Rio Doce, the world’s biggest iron- ore miner, said it is not planning any more acquisitions because it has enough assets to double its capacity.

• Tuesday, October 19th 2010 - 03:28 UTC

  Brazil again ups tax on incoming capital; calls for end to the “currency war”

  

  Brazil increased taxes on foreign investments in fixed-income securities for the second time in a month and Finance Minister Guido Mantega said countries trying to defend exports must end the “currency war.”

• Monday, October 18th 2010 - 22:42 UTC

  Brazil becomes magnet for Chilean investors; trade in 2010 soars 66%

  

  This year Brazil has emerged as Chile's largest trading partner in South America and one of the most important destinations for Chile's investment. Overall, trade between Brazil and Chile has grown 66%, while Brazil replaced Colombia as second highest location for Chilean Investment.

• Monday, October 18th 2010 - 21:18 UTC

  Brazil’s king-maker prefers to remain ‘independent”: decision favours Dilma

  

  Brazil’s Green Party decided Sunday to remain independent in the presidential runoff election on October 31.
  The third-place finisher in the first round, Marina Silva said she would not support either Dilma Rousseff, a former cabinet chief, or the opposition candidate, José Serra, a former governor of São Paulo.

• Monday, October 18th 2010 - 00:09 UTC

  Abortion debate in Brazilian campaign has both candidates on the defensive

  

  Brazilian opposition presidential candidate Jose Serra denied his Chilean wife Monica Allende had an abortion and compared the claim with the “defamation” suffered by President Lula da Silva when he was a candidate in 1989.

• Saturday, October 16th 2010 - 00:08 UTC

  Brazil ready to take additional measures to limit local currency from strengthening

  

  Finance Minister Guido Mantega said the government is ready to take additional measures to limit gains in the Real, including stricter limits on risk exposure for investors in the futures market, should the currency continue to strengthen.

• Friday, October 15th 2010 - 06:25 UTC

  Brazil considering selling 100-year bonds and foreign debt denominated in Real

  

  Brazil is considering selling 100-year bonds after Mexico succeeded in offering the longest-maturity debt issued by a Latin American country, Treasury Secretary Arno Agustin said.