In the Brazilian congress there’s a positive attitude towards the consideration and approval of the terms agreed between presidents Lula da Silva and Fernando Lugo to improve price and conditions for the Paraguayan power generated in the Itaipú dam and purchased by Brazil.
Brazil's Cosan, the world's largest ethanol and sugar processor, said announced Monday it signed an agreement to merge its ethanol and fuels distribution business in the country with Royal Dutch Shell in a deal valued as much as 12 billion US dollars.
Argentina’s meat processing group, Quickfood belonging to the giant Brazilian corporation Marfrig has purchased 150 hectares in the province of Cordoba to establish one of the largest feedlots in the country.
Brazil sees a positive attitude and a good indication of “reconciliation” attempts by the recently inaugurated Honduran president Porfirio Lobo. “The new president acted in a politically positive manner when he negotiated a safe conduct for the deposed president, Manuel Zelaya”, said Foreign Affairs minister Celso Amorim.
Brazilian agribusiness exports to Arab countries generated 6.86 billion US dollars in 2009 last year, 14% over 2008, according to figures from the Ministry of Development, Industry and Foreign Trade and compiled by the Arab Brazilian Chamber of Commerce. This in spite of the factor that total agribusiness sales dropped 9.8%.
Brazilian cabinet chief Dilma Rousseff, (62) hand picked by President Lula da Silva as the ruling coalition’s candidate for next October presidential election, finally openly admitted that “yes” she would love to be nominated as the popular leader’s “successor”.
Brazilian President Luiz Inacio Lula da Silva said Saturday he is in perfect health two days after being hospitalized for a high-blood-pressure attack that forced him to cancel his attendance at a global economic forum.
A major Brazilian dairy corporation, Laticinios Bom Gosto will begin to build its affiliate in Uruguay next May to produce powder milk and butter mainly for the Brazilian market.
Brazilian president Lula da Silva is resting at his private home after having suffered a high blood pressure peak on Wednesday which forced him to cancel his trip to the World Economic Forum in Davos where he was to be honoured with the Global Statesman Prize.
The statue of Christ the Redeemer in Rio de Janeiro, considered one of the seven new wonders of the world which receives annually 1.8 million visitors annually starting this week will undergo a facelift, according to Brazilian Catholic church sources.