Brazil announced it was returning 1.500 tonnes of hazardous waste that arrived from Britain labelled as recyclable plastic. The Brazilian Institute of Environment and Renewable Natural Resources said 89 containers left for Felixstowe, UK from the port of Santos on board MSC Oriane.
President Lula da Silva said that Brazil is climbing out, and strengthened, from the deep global financial crisis and underlined that “Brazil is now advising the International Monetary Fund, IMF”.
Brazilian Senate President Jose Sarney, a key ally of President Lula da Silva, may be forced to resign amid allegations he used his position to win government jobs and contracts for relatives. Senators from parties backing President Lula da Silva joined by members from the opposition are increasing pressure on Sarney to step down.
The Brazilian army purchased 250 German leopard 1 A5 tanks which will be displayed mainly along the country’s 16.000 kilometres of land and fluvial borders thus reinforcing its dissuasive capacity in the event of foreign attacks. The program is also part of the National Defence Strategy, NDS, approved last December by President Lula da Silva.
Brazilian president Lula da Silva reiterated Saturday he has no plans for a third mandate and anticipated he would reject a proposal from members of his won Workers Party for a constitutional amendment that would allow him to run again for president in 2010
Brazilian President Lula da Silva wants the government to take control of Vale SA, according to the weekly magazine Veja. However the origin of the information was not revealed.
The British law graduates accused of holiday insurance fraud are being held in a Brazilian prison with murderers and drug-traffickers after a judge refused to grant them bail.
Brazil’s monetary policy makers said the benchmark interest rate (8.75%) is at a level that will spur economic growth without sparking inflation, signalling that they are prepared to keep borrowing costs unchanged through the end of the year.
Brazil’s nominal budget deficit for the first half of 2009 widened to 43.7 billion Reais (23 billion US dollars), the largest since 2001, according to the latest release from the Central Bank.
Brazil and Argentina reached “relatively productive” results following the Sao Paulo meeting of the bilateral trade monitoring committee to address the ongoing restrictions imposed by Argentina to Brazilian exports, according to diplomatic sources from both sides.