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Montevideo, March 29th 2024 - 12:51 UTC

Brazil

  • Thursday, April 23rd 2009 - 13:09 UTC

    Brazil liberates international air passenger fares

    Brazil’s Civil Aviation Agency, ANAC, announced Wednesday the gradual liberation of air fares for all international flights departing from Brazil. The decision applies to all regular airlines, national or international and will be arranged according to a one year chronogram.

  • Tuesday, April 21st 2009 - 12:58 UTC

    Creditor Brazil fights for bigger say in the IMF

    Brazil is expected to push very hard to have more say in the International Monetary Fund, reflecting the importance of emerging countries. To support that greater influence Brazil has pledged to advance up to 4.5 billion US dollars to the multilateral organization.

  • Sunday, April 19th 2009 - 05:03 UTC

    Brazilian agriculture, world’s top consumers of pesticides

    Brazil became in 2008 the world's top consumer of agriculture pesticides (ahead of the US), and continues to use a range of dangerous pesticides banned in other countries, according to a study released Friday.

  • Saturday, April 18th 2009 - 03:55 UTC

    Emergency credit aid for Brazil’s ailing meatpacking industry

    BNDES, the National Development Bank

    Brazil's government will offer a ten billion Reales credit line from BNDES, the National Development Bank to support activities in agribusiness, Finance Minister Guido Mantega announced. He added the funds would go mostly to support Brazil’s ailing meatpacking sector and would be offered at an annual interest rate of 11.25%.

  • Thursday, April 16th 2009 - 12:08 UTC

    Brazil slashes primary budget surplus to stimulate economy

    Mantega: No Plans To Alter Budget Surplus Target

    Brazil's government cut its 2009 primary budget surplus target to 2.5% of GDP from 3.8% and set a target of 3.3% of GDP for the next three years, Finance Minister Guido Mantega said on Wednesday speaking at a Congressional hearing.

  • Thursday, April 16th 2009 - 09:53 UTC

    Lula da Silva has the highest approval rating; Cristina K the lowest

    Pte. Lula and his counterpart CFK: The odd couple, thumbs up, thumbs down

    Brazil’s President Lula da Silva and Colombia’s Alvaro Uribe with over 70% approval have the best leaders’ performances in Latinamerica while in the other extreme figure Argentina’s Cristina Kirchner and Honduras Manuel Zelaya, below 30%, according to the prestigious Mexican pollster Consulta Mitofsky.

  • Wednesday, April 15th 2009 - 10:45 UTC

    Lower House approves Brazil’s Sovereign Wealth Fund

    Brazil’s Congress Lower House approved on Tuesday night approved legislation making an existing Sovereign Wealth Fund into a permanent fixture. The Chamber of Deputies voted 274-102 to approve a government bill making the fund permanent and approving an initial total for it of 14.2 billion Brazilian Reales, approximately 6.5 billion US dollars.

  • Tuesday, April 14th 2009 - 14:02 UTC

    Lula da Silva says Obama must not be embarrassed on the Cuban issue

    Amorim: “Formally” Brazil will not be acting as “mediator” between USA and Cuba

    Brazilian president Lula da Silva anticipated he will address the Cuban issue in the coming Americas Summit next Friday in Trinidad Tobago, but Brazilian diplomacy is also working to ensure it does not become an irritating discussion, according to Sao Paulo press.

  • Tuesday, April 14th 2009 - 11:46 UTC

    Brazilian economists forecast worst recession since 1992

    Brazilian economists forecast that Latinamerica’s biggest economy will fall into the worst recession since 1992 as companies scale back output amid the first global recession since World War II.

  • Monday, April 13th 2009 - 11:11 UTC

    The success of Brazilian farming and Argentina’s disarray

    Brazil is targeting 300 million tons in ten years time

    If forecasts are confirmed the 70 million tons of the 2008/09 Argentine harvest would represent 2.9% of the world’s grain production when in previous crops it had reached 4.2%. Brazil in the meantime will have reached 5.5% of world production. Only a few years ago the difference was minimal with Brazil almost 4% and Argentina above 3%.