Brazil

• Friday, May 7th 2010 - 21:40 UTC

  Brazil Will Not Allow Drug Cartels or Armed Groups from Taking Over Paraguay

  

  Brazilian Senate president José Sarney said there are serious risks of a “Colombianization” of Paraguay given the recent actions of an armed group self proclaimed the Paraguayan People’s Army, EPP, and called for strong support for President Fernando Lugo.

• Friday, May 7th 2010 - 05:27 UTC

  Brazil’s Bovespa Plunges to a 3 Month Low and the Real to January 09 Level

  

  Brazil’s Bovespa stock index plunged Thursday to a three-month low, extending its drop in the past month to 12%, and the Real tumbled as concern Europe’s debt crisis will spread prompted investors to sell higher-yielding assets.

• Friday, May 7th 2010 - 01:16 UTC

  Brazilian Bishops Distance Peer who Argues Adolescents are “Spontaneously Homosexual”

  

  Brazil’s Catholic bishops rejected statements from their Porto Alegre peer, Monsignor Dadeus Grings who—in the midst of a global scandal over priests’ sexual abuse of minors—argued that modern society is naturally “paedophile”.

• Thursday, May 6th 2010 - 05:35 UTC

  Brazil Announces Financial Institution to Promote and Finance Exports

  

  Brazil on Wednesday announced long-awaited measures to boost exports at a time when the trade surplus in Latin America's largest economy is shrinking rapidly on a yearly basis. The government will create a lender, named EXIM Brasil, to help finance exports.

• Wednesday, May 5th 2010 - 21:41 UTC

  Brazil “Blackmails” Paraguay to Approve Venezuela’s Mercosur Annexation

  

  Paraguayan opposition and media strongly criticized Brazilian president Lula da Silva’s for not keeping his Itaipú dam-controversy promises and allegedly for conditioning further assistance to the approval by the Paraguayan congress of Venezuela’s incorporation to Mercosur.

• Wednesday, May 5th 2010 - 21:26 UTC

  Homosexuals Campaign Against Lula da Silva’s Visit to Iran

  

  A Brazilian non government organization which defends the rights of homosexuals launched a campaign to protest President Lula da Silva’s visit to Iran scheduled for next May 15.

• Wednesday, May 5th 2010 - 21:07 UTC

  A Rousseff Administration Would Continue with Lula da Silva’s Economic Policies

  

  Brazil’s ruling coalition president candidate Dilma Rousseff will continue with the current economic policies of the government boosting the role of state corporations if successful in the coming October election, said José Eduardo Dutra, president of the Workers' Party.

• Wednesday, May 5th 2010 - 02:06 UTC

  Brazil to Announce Exports’ Stimuli Measures to Compensate for Strong Real

  

  The Brazilian Government is expected to announce Wednesday a number of exports' stimulation measures in order to try to compensate the area which claims losses caused by the strong Brazilian currency exchange rate and the drop of global commerce.

• Tuesday, May 4th 2010 - 05:55 UTC

  President Lula da Silva Visits Montevideo for Talks with Mujica

  

  Brazilian president Lula da Silva is expected in Montevideo, Uruguay Tuesday afternoon to hold talks with his counterpart Jose Mujica, following the Unasur extraordinary presidential summit in Buenos Aires.

• Tuesday, May 4th 2010 - 05:37 UTC

  Lula da Silva Confirms Paraguay the Promised Power Line and Bridge

  

  President Lula da Silva reassured Paraguay that Brazil will build the promised 500 kW power transmission line from the Itaipú dam to the capital Asunción, as well as a bridge over the Paraná River shared by both countries.