Brazilian President Dilma Rousseff is re-evaluating a six billion dollar plan to purchase eleven warships, as part of her plan to slash government spending, the Folha de Sao Pablo reported.
Brazilian President Dilma Rousseff is trying to show she is different from former president Lula da Silva. Rousseff prefers strict rules and technical work as opposed to Lula’s political more relaxed way of governing.
Brazilian and Uruguayan Foreign Ministers Antonio Patriota and Luis Almagro have agreed to hold bilateral meetings every three months they announced during a press conference in Uruguay. The ministers met to discuss the forthcoming meeting between Uruguayan President Jose Mujica and his Brazilian counterpart Dilma Rousseff, scheduled for the first week of February.
Brazil’s Central Bank has increased its key interest rate to 11.25% in the hope of halting inflation. The rate has gone up from 10.75% and is the first under the Government of President Vilma Rousseff, who came in to office earlier this month.
Figures in Brazil show that 2.52 million new jobs were created last year, the Brazilian Labour Ministry reported.
The Brazilian president has decided to postpone the purchase of fighter jets.
The Member States of the Union of South American Nations (UNASUR) wish to express their heartfelt sympathy to the Government and people of Brazil, particularly the relatives and friends of those who lost their lives, their homes and to those injured in the recent flooding and mudslides which occurred in southeastern, Brazil on January 12, 2011.
Dilma Rousseff has taken measures to stop the appreciation of the real. The Brazilian Central Bank swapped all of the currency futures contracts in a reverse swap auction. This way the institution headed by Alexandre Tombini disembarks in the futures market.
Rains that devastated a mountainous region north of Rio de Janeiro have killed at least 626 people, Brazil's Civil Defense agency said on Sunday, as fears of more storms and disease outbreaks overshadowed rescue operations.
Rescue workers struggled to reach areas cut off by devastating floods and landslides that have killed at least 500 people in one of Brazil's worst natural disasters in decades.