Brazil

• Friday, May 28th 2010 - 04:48 UTC

  Brazil confident it can bring inflation on target and confront EU slowdown

  

  Brazil’s central bank chief Henrique Meirelles said he’s “confident” inflation will meet the target because the country has already started raising interest rates. He also admitted that Brazil is seeing “some decline” in exports to Europe as the region’s indebted nations struggle to cut budget deficits.

• Friday, May 28th 2010 - 04:27 UTC

  Cristina Kirchner meets Lula da Silva to discuss bilateral trade differences

  

  In the midst of the tension between Argentina and Brazil, President Cristina Fernández de Kirchner will meet Friday with Brazilian President Lula Da Silva after both take part in the 3rd annual United Nations “Alliance of Civilizations” Summit taking place in Rio do Janeiro.

• Thursday, May 27th 2010 - 08:41 UTC

  Mercosur becomes debate issue in Brazilian presidential campaign

  

  The Brazilian ruling coalition presidential candidate Dilma Rousseff speaking before industry moguls made a strong defence of Mercosur and criticized the US sponsored Free Trade Area for the Americas.

• Thursday, May 27th 2010 - 08:27 UTC

  Obama not expected in Brazil before October elections

  

  United States president Barak Obama turned down an invitation from Brazilian president Lula da Silva to visit the country ahead of October 3 when presidential elections are scheduled, reported a newspaper from Sao Paulo.

• Thursday, May 27th 2010 - 08:22 UTC

  Lula da Silva asks Unasur and Mexico support for his Iran uranium agreement

  

  Through a letter, Brazilian President Lula da Silvia asked the South American Nations Union (Unasur) and Mexico to support the uranium enrichment tripartite agreement reached between his country, Iran, and Turkey.

• Thursday, May 27th 2010 - 08:06 UTC

  Brazil warns about retaliation measures if Argentina blocks trade

  

  Brazil's administration has threatened to implement retaliation measures if its foodstuffs are banned from entering into Argentina, according to statements made by the Foreign Trade head Welber Barral in a press conference.

• Wednesday, May 26th 2010 - 06:25 UTC

  IMF chief warns Brazilian economy runs risk of ‘overheating’

  

  The Brazilian economy can grow as much as 7% this year, raising the risk of overheating, said on Tuesday International Monetary Fund Managing Director Dominique Strauss- Kahn, who described Brazil as “a success story”.

• Tuesday, May 25th 2010 - 06:22 UTC

  Brazil closer to control the whole industrial cycle of uranium processing

  

  Brazil will be ready to control the whole industrial cycle of uranium processing, from extraction of the radioactive mineral to its final conversion into fuel, in large volumes, by the end of the year, according to military sources.

• Tuesday, May 25th 2010 - 06:17 UTC

  Fears of Europe’s debt crisis on global recovery hits Brazil’s Real

  

  Brazil’s currency fell Monday over concern Europe’s debt crisis may slow the global economic recovery. The Real slid 0.9% to 1.8704 per U.S. dollar from 1.8534 on May 21. The currency has declined 6.7% this year after rising 33% in 2009.

• Monday, May 24th 2010 - 15:03 UTC

  Brazil launches its public broadcasting service targeted to Africa

  

  Brazil launches Monday its international Public Broadcasting Service with the initial purpose of penetrating the African continent, more precisely the former Lusitanian Empire where Portuguese is spoken.