Brazil’s currency rose to the strongest level in more than a year after a statement from the Group of Seven’s leaders lacked support to stem the dollar’s slide against major currencies, prompting investors to buy higher- yielding assets.
Brazil became on Monday for the first time ever a creditor of the International Monetary Fund when it formalized a decision to buy 10 billion US dollars worth of IMF notes nominated in SDR.
An estimated 17 million Brazilians, 13% of the electorate, confessed to have traded their vote for money, job or gifts, according to a public opinion poll released Sunday by Folha de Sao Paulo.
Thousands poured to Rio do Janeiro streets and famous beaches at mid day Friday to celebrate the selection of the city to host the 2016 Olympic Games, beating out Chicago, Tokyo and Madrid.
The Brazilian Senate Foreign Relations committee suspended on Thursday for thirty days the consideration of Venezuela’s Mercosur incorporation protocol, following on rapporteur Senator Tasso Jereissati veto recommendation because of the “authoritarian” character of President Hugo Chavez regime.
Venezuela’s Mercosur incorporation chances received a full blow this week when the Brazilian senate Foreign Relations committee rapporteur said the hopeful member-country is ruled by an “almost dictatorial” president Hugo Chavez
The woman Brazilian President Lula da Silva wants to succeed him is cured of lymphatic cancer, her doctors said Monday.
The man who ran Barack Obama's game-changing Internet strategy US presidential campaign believes similar methods can transform Brazilian politics and help elect its first woman president, reports Reuters.
Brazil's Vice-President Jose Alencar has said possession of nuclear weapons would enable his country to deter potential aggressors and give the South American nation greater 'respectability' on the world stage, according to a media report from Sao Paulo.
Brazilian President Lula da Silva said on Sunday his nation would not comply with a demand from Honduras' de facto government to decide the status of ousted President Manuel Zelaya in 10 days.