Brazil

• Saturday, July 9th 2011 - 07:29 UTC

  Brazil offers Venezuelan leader Chavez specialists to help him overcome cancer

  

  Brazilian President Dilma Roussef offered Venezuela leader Hugo Chávez her support over the mandate’s battle against cancer. According to the Presidential House press Secretary, Rousseff expressed her sentiments during a phone call conversation held this morning.

• Saturday, July 9th 2011 - 07:21 UTC

  Brazil introduces rules on short-dollar positions to curb speculation with the Real

  

  Brazil’s central bank changed currency market rules to curb bets that the Real will appreciate against the dollar, according to an e-mailed statement. Brazil will require that banks make non-interest bearing deposits with the central bank equivalent to 60% of their short dollar positions exceeding 1 billion US dollars, the bank said.

• Saturday, July 9th 2011 - 07:13 UTC

  Brazil banned from selling Israeli-technology UAV to Venezuela

  

  Israel Aerospace Industries signed a joint venture with Brazil's Synergy Group to manufacture Unmanned Air Vehicles (UAV) (drones) to fight drug trafficking in Brazilian borders under the condition that the aircrafts are not sold to Venezuela.

• Saturday, July 9th 2011 - 07:10 UTC

  Brazil drop in production has sugar prices soaring: 73% in last twelve months

  

  Sugar jumped the most since October after an industry group said output would decline in Brazil, the world’s biggest grower. Production in the Centre South, Brazil’s largest growing area, may drop by as much as 1 million metrics in the current season compared with a year earlier, Unica said on Friday.

• Saturday, July 9th 2011 - 07:03 UTC

  Fiat confirms trade disputes between Argentina and Brazil

  

  Fiat will trim some production in Brazil and Argentina for a week because of a trade spat between the South American neighbours, the Italian car maker said on Friday.

• Friday, July 8th 2011 - 05:55 UTC

  Unmanned aircraft patrol Bolivia/Brazil border to control drugs and smuggling

  

  Four Brazilian unmanned aircraft guided by remote control, Drones, will begin operating in August along the Bolivian border announced Felipe Caceres, Bolivian Social Defence Deputy Minister.

• Thursday, July 7th 2011 - 16:24 UTC

  “Sweet” sugar hikes FAO Food Price Index in June to 39% above a year ago

  

  United Nations Food and Agriculture Organization, FAO, Food Price Index rose one percent to 234 points in June 2011 – 39% higher than in June 2010 but four percent below its all-time high of 238 points in February of this year.

• Thursday, July 7th 2011 - 07:04 UTC

  Debate on the vulnerabilities that could condition the Brazilian economy mid term

  

  The good performance of the Brazilian economy and its management of the 2008 world financial crisis have been headlines across the world, but there are also some warning signals form analysts regarding the possibility of asset bubbles and their consequences.

• Wednesday, July 6th 2011 - 22:41 UTC

  Brazil’s (5%) Transport minister resigns following allegations of corruption

  

  Brazil's transport minister became the latest top official to quit because of corruption allegations, adding to the recent struggles of President Dilma Rousseff's six-month-old government.

• Wednesday, July 6th 2011 - 15:56 UTC

  Brazil planning new intervention measures to curb its currency appreciation

  

  Brazil's government may intervene in futures markets to weaken the Real, Finance Minister Guido Mantega told reporters in London on the sidelines of a conference on Tuesday.