Brazil

• Monday, October 18th 2010 - 22:42 UTC

  Brazil becomes magnet for Chilean investors; trade in 2010 soars 66%

  

  This year Brazil has emerged as Chile's largest trading partner in South America and one of the most important destinations for Chile's investment. Overall, trade between Brazil and Chile has grown 66%, while Brazil replaced Colombia as second highest location for Chilean Investment.

• Monday, October 18th 2010 - 21:18 UTC

  Brazil’s king-maker prefers to remain ‘independent”: decision favours Dilma

  

  Brazil’s Green Party decided Sunday to remain independent in the presidential runoff election on October 31.
  The third-place finisher in the first round, Marina Silva said she would not support either Dilma Rousseff, a former cabinet chief, or the opposition candidate, José Serra, a former governor of São Paulo.

• Monday, October 18th 2010 - 00:09 UTC

  Abortion debate in Brazilian campaign has both candidates on the defensive

  

  Brazilian opposition presidential candidate Jose Serra denied his Chilean wife Monica Allende had an abortion and compared the claim with the “defamation” suffered by President Lula da Silva when he was a candidate in 1989.

• Saturday, October 16th 2010 - 00:08 UTC

  Brazil ready to take additional measures to limit local currency from strengthening

  

  Finance Minister Guido Mantega said the government is ready to take additional measures to limit gains in the Real, including stricter limits on risk exposure for investors in the futures market, should the currency continue to strengthen.

• Friday, October 15th 2010 - 06:25 UTC

  Brazil considering selling 100-year bonds and foreign debt denominated in Real

  

  Brazil is considering selling 100-year bonds after Mexico succeeded in offering the longest-maturity debt issued by a Latin American country, Treasury Secretary Arno Agustin said.

• Friday, October 15th 2010 - 06:15 UTC

  Serra closes in as presidential debate moves to abortion away from the economy

  

  Brazilian opposition presidential candidate Jose Serra seems to be successfully targeting religious voters as he closes the 14 percentage points of the first round ahead of the runoff at the end of October.

• Thursday, October 14th 2010 - 06:09 UTC

  Catholic Church claims candidate Rousseff ‘deceiving voters’ on abortion

  

  The Catholic Church has actively joined the Brazilian presidential campaign. Conservative Archbishop Aldo Pagotto of Paraiba accused Brazil’s Workers' Party of “misinformation and manipulation of consciences” in an effort to win the upcoming presidential run-off election, slated for Oct. 31.

• Thursday, October 14th 2010 - 06:08 UTC

  Brazil to auction patches of Amazon forest to held combat illegal logging

  

  Brazilian Government is to auction one million hectares of Amazon forest in an attempt to reduce the demand for illegal logging.

• Wednesday, October 13th 2010 - 07:20 UTC

  Brazil insists an agreement must be reached to end the “currency war”

  

  Brazilian Finance Minister Guido Mantega insisted while in Washington on the need of the international community to “coordinate” and “reach some kind of agreement” during the next G20 summit in order to put an end to the “currency war” that puts world recovery in danger.

• Tuesday, October 12th 2010 - 19:29 UTC

  UK wants to sell Brazil 11 naval bases, but is a late starter behind France and Italy

  

  Britain is ramping up efforts to sell about 11 new naval vessels, including frigates, to the Brazilian Navy in a bid to catch up with marketing efforts launched by France and Italy, according to a recent article from DefenseNews.