Brazil

Thursday, September 16th 2010 - 01:50 UTC
NATO presence in South Atlantic “inappropriate” says Brazil

Brazilian Defence Minister Nelson Jobim assured that the Brazilian government would express reservations towards any military plan intending to unite the North with the South Atlantic.
Monday, September 13th 2010 - 04:08 UTC
Brazilian press claim Rousseff’s closest aide was involved in a graft scheme

Brazil’s leading news magazine Veja accused presidential candidate Dilma Rousseff's former aide and current presidential chief of staff, Erenice Guerra, of involvement in a graft scheme.
Monday, September 13th 2010 - 04:03 UTC
Argentina closer to becoming Brazil’s second trade partner

Argentine trade with Brazil in 2010 is going to increase significantly and could replace United States as the second most important importer of Brazilian goods, said Foreign Affairs minister Celso Amorim.
Saturday, September 11th 2010 - 18:28 UTC
Dilma only waiting for October 3 to become Brazil’s first woman president

With only three weeks left the ruling Brazilian government Workers Party presidential candidate Dilma Rousseff increased her advantage over the main opposition hopeful, former Sao Paulo governor Jose Serra to 23 points, according to the latest opinion polls released by Folha de Sao Paulo the television network O’Globo.
Friday, September 10th 2010 - 04:39 UTC
Brazil’s Real at its highest in eight months; government promises a cap

Brazilian Finance Minister Guido Mantega said the government won’t allow the Real to strengthen excessively as the currency reached its strongest in eight months.
Wednesday, September 8th 2010 - 02:36 UTC
“Steam roller” Rousseff collects more campaign funds than her eight rivals

The Brazilian presidential electoral campaign for pro-government candidate Dilma Rousseff has gathered more funds than the campaigns of her eight rivals combined, according to data published by the TSE Superior Electoral Tribunal.
Tuesday, September 7th 2010 - 05:59 UTC
Landslide Bulgarian vote for Dilma Rousseff president of Brazil

Bulgaria has been trapped by a “Dilma fever” given the almost certain victory of the Brazilian ruling party’s presidential candidate Dilma Rousseff whose family came from Bulgaria.
Tuesday, September 7th 2010 - 05:42 UTC
Analysts and government forecast Brazilian economy set to expand 7.3% in 2010

Analysts covering Brazil’s economy raised their forecast for GDP growth this year to 7.34%, according to a central bank survey. Economists held their 2011 economic growth forecast unchanged at 4.5%, according to the median estimate in a survey of 100 analysts taken September 3 and published Monday.
Tuesday, September 7th 2010 - 05:21 UTC
Brazil extends sovereignty over undersea continental shelf

Brazil expanded the offshore area where drilling for crude or prospecting for minerals requires government authorization as it seeks to increase control over natural resources.
Monday, September 6th 2010 - 05:05 UTC
Brazilian investment fund purchases Burger King targets Latam expansion

Burger King (NYSE:BKC) announced that it has agreed to sell the company to an investment firm based out of Brazil in a deal valued at approximately 4 billion US dollars, which includes the assumption of debt.