Brazilian president Lula da Silva and his National Program on Human Rights which last week apparently overcame military intransigence, now faces another formidable voice in the country’s politics: the Brazilian Episcopacy, disappointed with the abortion and gay marriage proposals.
Brazil’s President Lula da Silva said that he’s not sponsoring a “witch hunt” when he proposes the creation of a Truth Commission to investigate cases of torture and killings of political prisoners during the long military dictatorship from 1964 to 1985.
Brazil could achieve social indicators similar to those of developed countries by 2016 if the country is able to maintain the same rate of extreme poverty reduction and income redistribution as recorded during the 2003/2008 period, according to an official report from the Presidential Strategic Affairs Secretariat.
Brazil’s government managed oil giant Petrobras is in talks to buy a stake in Portugal’s Galp Energia, Brazil’s Mines and Energy Minister Edison Lobao told reporters Wednesday in Brasilia.
Brazil’s Central bank president Henrique Meirelles was elected to the board of directors of the Bank for International Settlements, a further sign of the country's increasing clout in the world economy.
Brazil will boost interest rates to as high as 13% next year as policy makers become more “aggressive” to ensure the global economic recovery doesn’t fuel faster inflation, according to Bradesco Asset Management
Brazil’s strongest manufacturing organization (and lobby) is considering the possibility that the country “ceases to be tolerant” towards Argentine trade restrictions and consider the possibility of withdrawing from Mercosur.
Brazilian Minister of Human Rights Pablo Vanucchi threatened to resign on Sunday if the military are successful in reviewing the bill creating a Truth Commission on the Brazilian dictatorship (1964/1985) which caused internal turmoil in the administration of President Lula da Silva.
Brazil expects in 2010 the second largest grain and oil seed crop in history, closely linked to the success of soy beans, totalling 140 million tons, according to the latest release from the Brazilian Geography and Statistics Institute, IBGE.
Brazil's coffee crop may beat the 48.48 million bag record this year, the country's crop supply agency said in a report which also raised forecasts for the newly-begun soybean harvest.