Brazil

• Thursday, December 30th 2010 - 08:12 UTC

  Lula da Silva has his own oil field according to Petrobras

  

  Brazilian state-controlled energy giant Petrobras on Wednesday confirmed the commercial viability of two massive offshore oil and gas fields located deep beneath the ocean floor, announcing that one of them will now be known as “Lula.”

• Wednesday, December 29th 2010 - 07:09 UTC

  Brazil: Lula disappointed with Obama's LatAm policy

  

  Relations between the United States and Latin America have not changed in any meaningful way under President Barack Obama, Brazilian head of state Luiz Inacio Lula da Silva said.

• Monday, December 27th 2010 - 08:28 UTC

  Iguazu Falls will complete a record year of visitors

  

  Over a million tourists (1.064.731) had visited until Christmas Argentina’s Iguazu Falls national park, a number which should reach 1.2 million when the 2010 calendar year is completed according to Iguazu Argentina that have the park’s concession.

• Thursday, December 23rd 2010 - 08:46 UTC

  Brazilian central bank inflation warning; rate hike expected in January

  

  Brazil's central bank reiterated Wednesday its clear commitment to raise interest rates soon, as the outlook for inflation has become “far less favorable” than it had previously thought.

• Thursday, December 23rd 2010 - 08:39 UTC

  Brazilian soy crop estimate up; coffee prices reach a 13-year high

  

  Soybean growers in Brazil, the world’s largest producer after the U.S., may harvest more of the oilseeds next year than the government estimated earlier this month, Agriculture Minister Wagner Rossi said on Wednesday.

• Thursday, December 23rd 2010 - 08:17 UTC

  China buys power distribution plants which supply Brazil’s main cities

  

  State Grid Corp. of China completed the purchase of seven electricity distribution businesses in Brazil for 989 million US dollars, announced the government this week.

• Thursday, December 23rd 2010 - 07:20 UTC

  Hillary Clinton will represent Obama at Rousseff’s inauguration January first

  

  Secretary of State Hillary Clinton will head the United States delegation to attend the inauguration of Brazilian president-elect Dilma Rousseff next January first, announced Wednesday the White House.

• Wednesday, December 22nd 2010 - 05:18 UTC

  Carter wants Brazil to play a role in Mid East peace; US mediation exhausted

  

  On the same day that work began on a new Palestinian embassy in Brasilia, Brazilian president Lula da Silva said that peace in the Middle East was impossible with the United States as a mediator, reported the Palestine News Network.

• Tuesday, December 21st 2010 - 19:34 UTC

  Brazilian exports set to increase 12% in 2011 reaching 220 billion US dollars

  

  Following the 30% expansion in 2010, Brazilian exports are forecasted to grow 12%, in 2011 according to Foreign Trade Secretary Weber Barral. He added that in 2010 the recovery was quite strong compared to the downturn of 2009, but in 2011 global trade growth rate is expected to slow down.

• Tuesday, December 21st 2010 - 02:52 UTC

  Lula da Silva admits he could run again for office, if things go bad

  

  Brazil's outgoing President Lula da Silva said he might run for president again some day, Folha de S. Paulo newspaper reported, a revelation that could weaken his chosen successor.