The Brazilian government is looking at restricting credit lines to Argentina in retaliation for its neighbor's efforts to stall local imports, reported on Friday the daily O Estado de S. Paulo.
United States President Barack Obama and Brazilian President Lula da Silva took time out from their overloaded Thursday agendas to talk about the United States' defeat to Brazil in last month's Confederations Cup Final played in South Africa.
Automobile output in Brazil climbed in June for the second straight month as manufacturers stepped up production to meet growing consumer demand, the national automakers' association Anfavea said on Monday.
French President Nicolas Sarkozy and visiting Brazilian President Lula da Silva called Tuesday for a more democratic world order that would give emerging economies a larger voice in international finance and justice affairs.
Brazilian corporation JBS SA, the world's biggest beef processor said on Monday it had raised its slaughtering and de-boning capacity in Brazil by around 25% through the leasing of five more plants.
The Brazilian Senate --whose president Jose Sarney has been accused of corruption--, apparently has a secret bank account operating millions of US dollars and a private “bunker” for a few, with facilities for “intimate” dates, according to reports in the Sao Paulo and Brasilia press.
Brazilian president Lula da Silva sanctioned last week the bill which confers the Special Secretariat of Aquaculture and Fisheries, SEAP, the status of ministry, enacted to boost the fishing sector and develop the country’s maritime and fluvial potential.
Brazilian president Lula da Silva said that the resignation or suspension of Jose Sarney as president of the Senate could generate a “very serious crisis” leading to “instability”, according to official sources in Congress.
Brazil may file a complaint at the World Trade Organization against Argentina because of its delays in issuing import licenses for Brazilian goods according to Foreign Trade Chamber Secretary Lyntha Spindola.
Brazil’s government managed oil corporation Petrobras reported this week it had begun refining oil from the Tupi field, located at the pre-salt area of Santos Basin which is Brazil’s great hope for becoming a major player in the world’s hydrocarbons market.