Brazil

• Monday, May 17th 2010 - 01:54 UTC

  Brazil’s energy sector lobbying against review of Itaipú treaty with Paraguay

  

  Brazilian business groups are strongly lobbying members of Congress against a review of a recent agreement reached by President Lula da Silva to treble the money paid to Paraguay for power from the world’s largest operating hydroelectric complex Itaipú, shared by both countries.

• Monday, May 17th 2010 - 01:11 UTC

  Brazilian government presidential candidate leads in vote intention with 38%

  

  Brazilian incumbent presidential candidate Dilma Rousseff leads in vote intention with 38% compared to 35% for her main opponent Jose Serra, according to the latest Vox Populi public opinion polls releases published in the Sunday press.

• Saturday, May 15th 2010 - 04:44 UTC

  Brazil Furious with Argentine “Scare Practices” Threatens Trade Retaliation

  

  Brazil is seriously considering retaliation against Argentina for new rules restricting food imports which allegedly compete directly with Argentine production. EU ambassadors in Buenos Aires made a similar presentation before the Argentine congress earlier this week.

• Saturday, May 15th 2010 - 03:03 UTC

  Brazilian tourists captivated by Chile’s ski slopes and vineyards

  

  A new tourism review shows that Brazilians love Chile’s ski slopes and vineyards, but say that national flights are expensive and inflexible.

• Thursday, May 13th 2010 - 10:56 UTC

  Brazil Poised to Raise Rates and Make Significant Cuts in Government Spending

  

  Brazilian President Lula da Silva on Wednesday said the country's interest rates could go up again this year “if necessary,” even in the run-up to the presidential election. Brazil is holding elections next October and will be voting for the successor of Lula da Silva who is barred from running a third consecutive mandate.

• Thursday, May 13th 2010 - 10:38 UTC

  Brazil Announces Discovery of Field with 4.5 Billion Barrels of Light Oil

  

  Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) has revealed that the 2-ANP-1-RJS well, dubbed Franco, is estimated to hold 4.5 billion barrels of recoverable light oil.

• Tuesday, May 11th 2010 - 21:54 UTC

  Current Development Model Can’t Continue, Warns One of Brazil’s top Economists

  

  “With no new international order in sight following the crisis, the only certain thing is that the model of development which caused it can not continue”, said Brazilian economist Maria da Conceição Tavares during a magisterial conference before the United Nations Economic Commission for Latin America and the Caribbean, ECLAC, in Santiago de Chile.

• Tuesday, May 11th 2010 - 01:14 UTC

  Lula da Silva Criticizes “Capitalist Myopia” and Food Prices Global Speculation

  

  Brazilian president Lula da Silva thanked the United Nations for the two prizes awarded for his leadership in fighting hunger and poverty with a strong speech condemning rich countries, global speculation and “capitalist myopia”.

• Tuesday, May 11th 2010 - 00:38 UTC

  FAO Honors Lula da Silva for Leadership in Fight Against Hunger

  

  The United Nations Food and Agriculture Organization (FAO) honoured Brazilian President Lula da Silva for his leadership in the fight against hunger and inadequate nutrition in his country and across the world.

• Monday, May 10th 2010 - 18:19 UTC

  Brazilian Contract for Jet Fighters, Another Chip in the EU/Mercosur Trade Talks

  

  French resistance to the resumption of Mercosur European Union trade talks caused great disappointment among the block’s members, but Brazil believes it has a strong bargaining chip for a greater opening of the European agriculture market: the several billions US dollars fighter planes contract for the Brazilian Air Force.