Brazil's Central Bank Monetary Policy Committee, Copom, expressed concern about inflation and advanced it was prepared to respond “promptly” according to the minutes from its meeting last week when it decided to maintain the basic interest rate at 8.75%.
Brazil has agreed on a price to buy and assemble 36 Rafale fighter jets with French manufacturer Dassault after months of negotiations, a leading Brazilian newspaper reported on Thursday.
Brazil, Latinamerica’s largest economy is feeling the consequences of China’s moves to rein in an overheated economy and global fears of asset bubbles in attractive fast developing economies. The strongest warning came this week from the Organization for Economic Cooperation and Development, OECD.
Brazil's best-known writer, Paulo Coelho, is making it clear he doesn't want Britain's former Prime Minister Tony Blair involved in planning for the 2016 Olympics in Rio de Janeiro.
A controversial project to build a massive hydroelectric dam in the heart of the Amazon jungle has received the go-ahead from Brazil’s environmental protection agency, despite objections from environmentalists and indigenous people who live in the area.
Brazil’s Fisheries and Aquaculture Ministry is planning to invest the equivalent of 17 million US dollars in optimising fisheries patrolling during 2010.
Two outgoing South American presidents have reached record popularity according to the latest January public opinion polls. They are Michelle Bachelet from Chile and Brazil’s Lula da Silva, both with plus eighty percentages.
In the Brazilian congress there’s a positive attitude towards the consideration and approval of the terms agreed between presidents Lula da Silva and Fernando Lugo to improve price and conditions for the Paraguayan power generated in the Itaipú dam and purchased by Brazil.
Brazil's Cosan, the world's largest ethanol and sugar processor, said announced Monday it signed an agreement to merge its ethanol and fuels distribution business in the country with Royal Dutch Shell in a deal valued as much as 12 billion US dollars.
Argentina’s meat processing group, Quickfood belonging to the giant Brazilian corporation Marfrig has purchased 150 hectares in the province of Cordoba to establish one of the largest feedlots in the country.