Brazil

Monday, November 22nd 2010 - 00:12 UTC
Brazilian navy plans a fleet of 20 subs, six nuclear powered

The Brazilian navy is planning to build and incorporate in the next decades a fleet of six nuclear powered and 20 conventional submersibles (15 new and five refurbished), making it the most dissuasive fleet of South America.
Sunday, November 21st 2010 - 21:21 UTC
Brazil commemorates Black Consciousness Day recalling fugitive slaves’ leader

Hundreds of cities, towns and villages throughout Brazil commemorated Saturday Black Consciousness Day with different festivities and cultural activities. Brazil is considered the second Black Country in the world behind Nigeria, with 75.8 million African-Brazilians and is still exposed to the consequences of racial discrimination.
Friday, November 19th 2010 - 16:14 UTC
Guerrilla Dilma gathered information for bank hold-ups in the sixties

Brazilian president-elect Dilma Rousseff gathered information and advised guerrilla groups bank hold-ups in the sixties when the country was ruled by a military dictatorship according to reports published Friday in O’Globo media group.
Friday, November 19th 2010 - 16:01 UTC
Brazilian central bank chief steps down from president-elect Rousseff’s team

Brazilian central bank president Henrique Meirelles will not accept any invitation to remain as head of the bank unless president-elect Dilma Rousseff gives him full guarantees of “absolute autonomy” in running the institution. He also rejects the idea of holding on the job during the first quarter of 2011 until a definitive successor is named.
Friday, November 19th 2010 - 02:01 UTC
Brazil’s ruling party main ally putting pressure on president-elect Rousseff

Brazil’s ruling Workers Party main ally in Congress Brazilian Democratic Movement, PMDB, has formed its own legislative group hoping to dispute some of the most strategic posts in the new congress that takes office next January first.
Tuesday, November 16th 2010 - 22:44 UTC
A “regulatory framework”, Lula da Silva’s farewell present for Brazilian media

Brazil is drafting a media bill that is geared to stimulate the participation of common citizens in the communications industry and preventing market rules from governing such a sensitive area, announced Social Communications minister Franklin Martins.
Tuesday, November 16th 2010 - 05:02 UTC
Top French sociologist fears a “populist” temptation in Brazil’s new government

Brazilian president-elect Dilma Rousseff was a creation of President Lula da Silva and could fall prey to the temptation of a populist system, said French Sociologist and political scientist Alain Touraine currently visiting Sao Paulo.
Monday, November 15th 2010 - 21:11 UTC
Bilateral Argentina/Brazil trade forecasted to reach record of 34 billion USD

Bilateral trade among Mercosur main partners, Argentina and Brazil is expected to reach a “historic record” of almost 34 billion US dollars this year, 80% of which mostly manufactured goods, according to Argentine Industry minister Deborayh Giorgi, who also anticipated that the deficit would drop 30%.
Monday, November 15th 2010 - 19:29 UTC
Dilma prepared to apply drastic measures to contain Brazil’s currency surge

Brazilian president-elect Dilma Rousseff admitted her administration would take all the necessary measures possible to prevent the Brazilian Real from increasing its value vis-à-vis the US dollar, according to reports from the Sao Paulo press that interviewed the successor of President Lula da Silva in the recent G-20 summit in Korea.
Monday, November 15th 2010 - 08:27 UTC
Rousseff’s Brazil expected to restrain public spending and lower interest rates

Brazilian President-elect Dilma Rousseff efforts to restrain public spending will allow the central bank to cut the benchmark interest rate next year, Finance Minister Guido Mantega said.