Brazil

• Wednesday, March 16th 2011 - 04:23 UTC

  Reviving the US economy and trade relationship, main objectives of Obama’s visit

  

  US President Barack Obama's trip to Brazil, Chile and El Salvador beginning this week is still on, despite fears of a nuclear disaster in Japan and turmoil in the Middle East, officials said on Wednesday.

• Tuesday, March 15th 2011 - 11:05 UTC

  President Obama will underline ‘coincidences’ during his visit to Brazil

  

  US ambassador in Brazil Thomas Shannon downplayed differences between Washington and Brasilia saying that coincidences are far greater and will be the core of discussions during the coming visit of US president Barack Obama next week end.

• Monday, March 14th 2011 - 06:50 UTC

  Brazil preparing plan to stimulate industry and cut knick-knack Chinese imports

  

  Brazil imports too many knick-knacks from China complained Brazilian president Dilma Rousseff, who next month makes an official state visit to the Asian giant, according to reports in the Sao Paulo press

• Monday, March 14th 2011 - 06:31 UTC

  Brazil’s military hardware in very poor conditions, alleged Defence report

  

  Brazilian Armed Forces military equipment is ‘obsolete’ and not in condition to be displayed in case of a conflict according to an official reports published Sunday the Folha de Sao Paulo.

• Thursday, March 10th 2011 - 22:35 UTC

  Petrobras abandons oil exploration in Cuba; all eyes set on Repsol-YPF

  

  Brazilian oil giant Petrobras has withdrawn from an offshore oil exploration block in Cuba's waters that it leased amid great fanfare in 2008, a Brazilian official said on Thursday, citing poor prospects.

• Thursday, March 10th 2011 - 22:32 UTC

  Massive inflow of foreign capital into Brazil during first two months of 2011

  

  The inflow of US dollars to Brazil so far this year (Jan-March 4) marks a surplus of 24.3 billion USD over outflows, which helped to further appreciate the Brazilian Real, according to the latest figures released by the Central Bank.

• Thursday, March 10th 2011 - 20:16 UTC

  Brazilian markets expect further tightening to bring inflation to target

  

  Brazil's central bank said Thursday it remained cautious about the outlook for prices due to uncertainties in the global economy, and hinted that more than just interest rates may be needed to bring inflation back into line with targets.

• Wednesday, March 9th 2011 - 00:59 UTC

  Half the world consider Brazil has a positive influence on global affairs, says BBC poll

  

  The number of people who see Brazil as having a positive influence in the world is rising rapidly, according to a BBC World Service poll of 27 countries. The country is regarded positively by 49%, compared with 40% last year - the largest jump by any of the 16 nations respondents are asked to comment on.

• Tuesday, March 8th 2011 - 23:29 UTC

  Monte Grande dam project in the Amazon steams full ahead

  

  Work on the Belo Monte giant hydroelectric dam complex in the Amazon, which has generated much controversy in Brazil because of its environmental impacts, officially began Monday, (in spite of Carnival celebrations) according to the Norte Energia consortium.

• Saturday, March 5th 2011 - 07:29 UTC

  The world’s largest samba party took off in Rio do Janeiro

  

  King Momo” opened the Rio de Janeiro Carnival on Friday at a festive ceremony where he was presented with the keys to the city, which for five days will dance to the beat of the samba to celebrate Brazil’s most iconic festival.