Brazil

• Thursday, January 6th 2011 - 11:00 UTC

  Super Real and imports surge behind Brazil’s smallest trade surplus in eight years

  

  Brazil’s trade surplus fell 19.8% in 2010 to 20.28 billion USD, the smallest in eight years. Exports grew 31.4% to 201.9 billion, a new record, but imports surged 41.6% to 181.64 billion, the Ministry of Development, Industry and Commerce said this week.

• Wednesday, January 5th 2011 - 09:09 UTC

  Brazil and Chile Battle Rising Currencies

  

  Brazil on Tuesday threatened tougher capital controls and other measures to keep its currency from rising against the dollar, a day after Chile's central bank unveiled its own $12 billion plan to buy greenbacks.

• Sunday, January 2nd 2011 - 21:07 UTC

  President Rousseff promises greater consistence for Mercosur and Unasur

  

  In her inauguration speech Brazilian President Dilma Rousseff promised greater consistence for Mercosur and Unasur so that the region can become an essential component of the “coming multipolar world”. She also anticiapted closer relations with all countries from Latinamerica, the Caribbean and Africa and the peoples of Middle East and a greater role for Brazil in world political and financial affairs.

• Thursday, December 30th 2010 - 08:12 UTC

  Lula da Silva has his own oil field according to Petrobras

  

  Brazilian state-controlled energy giant Petrobras on Wednesday confirmed the commercial viability of two massive offshore oil and gas fields located deep beneath the ocean floor, announcing that one of them will now be known as “Lula.”

• Wednesday, December 29th 2010 - 07:09 UTC

  Brazil: Lula disappointed with Obama's LatAm policy

  

  Relations between the United States and Latin America have not changed in any meaningful way under President Barack Obama, Brazilian head of state Luiz Inacio Lula da Silva said.

• Monday, December 27th 2010 - 08:28 UTC

  Iguazu Falls will complete a record year of visitors

  

  Over a million tourists (1.064.731) had visited until Christmas Argentina’s Iguazu Falls national park, a number which should reach 1.2 million when the 2010 calendar year is completed according to Iguazu Argentina that have the park’s concession.

• Thursday, December 23rd 2010 - 08:46 UTC

  Brazilian central bank inflation warning; rate hike expected in January

  

  Brazil's central bank reiterated Wednesday its clear commitment to raise interest rates soon, as the outlook for inflation has become “far less favorable” than it had previously thought.

• Thursday, December 23rd 2010 - 08:39 UTC

  Brazilian soy crop estimate up; coffee prices reach a 13-year high

  

  Soybean growers in Brazil, the world’s largest producer after the U.S., may harvest more of the oilseeds next year than the government estimated earlier this month, Agriculture Minister Wagner Rossi said on Wednesday.

• Thursday, December 23rd 2010 - 08:17 UTC

  China buys power distribution plants which supply Brazil’s main cities

  

  State Grid Corp. of China completed the purchase of seven electricity distribution businesses in Brazil for 989 million US dollars, announced the government this week.

• Thursday, December 23rd 2010 - 07:20 UTC

  Hillary Clinton will represent Obama at Rousseff’s inauguration January first

  

  Secretary of State Hillary Clinton will head the United States delegation to attend the inauguration of Brazilian president-elect Dilma Rousseff next January first, announced Wednesday the White House.