Brazil and the US could not agree Wednesday over how to rein in Tehran's suspect nuclear ambitions and Brazilian President Lula da Silva warned the world not to “push Iran into a corner.”
Brazilian government managed energy firm Petrobras announced this week it had made two separate discoveries of oil in the Campos Basin near Brazil's coast with recoverable reserves of 40 million and 25 million barrels.
The Brazilian Central bank’s decision to raise reserve requirements this week will have an impact on monetary policy, admitted the bank’s governor Henrique Meirelles in an interview with the financial publication Valor Economico.
Paris Hilton is causing a stir in Brazil, where a government department has claimed a one minute beer commercial in which she stars is demeaning to women, particularly blondes.
International Monetary Fund, IMF, chief Dominique Strauss Khan warned that Brazil and Indonesia and other emerging countries are in “real risk” of suffering an assets price bubble given the inflow on foreign capital.
The acting governor of Brazil's federal district resigned this week in connection with a corruption scandal that has tarnished one of the main opposition parties and could affect the campaign of front-runner Jose Serra in this October's presidential race.
Brazilian president Lula da Silva condemned on Tuesday the United Nations Organization (UN) and its Security Council for not recognizing Argentina's sovereignty over the Malvinas/Falkland Islands.
An iron lady in Brazil’s future? Could be, if economist Dilma Rousseff, former guerrilla and known for her strong character and work capacity, nominated by the ruling Workers Party, PT, to succeed the charismatic Lula da Silva is victorious in Brazil’s 3 October presidential election.
Brazil’s ruling Workers Party (PT) as was anticipated, proclaimed on Saturday cabinet chief Dilma Rousseff as presidential candidate for the coming October 3 election. Party delegates nominated Ms Rousseff who had been hand picked by president Lula da Silva.
Brazil that is still holding back on its recognition of Honduras president Porfirio Lobo government is inching closer and said it would be “important” for the Central American country to return to the Organization of American States, OAS, once reconciliation measures become effective, according to a spokesperson from the Planalto Palace.