Brazil

• Wednesday, November 25th 2009 - 10:01 UTC

  Brazil to scrutinize Argentine imports licences system

  

  Mercosur senior partners are again clashing over trade. Brazilian government announced that it will run an exhaustive study of all the non-automatic import licenses that President Lula da Silva’s administration believes cause nothing but Argentine restrictions on Brazilian products.

• Wednesday, November 25th 2009 - 04:37 UTC

  Brazil plans to export 168 billion USD in 2010

  

  Brazil targets exports of 168 billion US dollars for 2010 (compared to 160 billion USD in 2009) announced Deputy Trade Minister Welber Barral during the opening of a foreign commerce forum in Rio do Janeiro.

• Tuesday, November 24th 2009 - 13:06 UTC

  Capital inflows in Brazil cause unease; G20 considers regulations

  

  Brazil does not rule out new steps to slow gains in its currency, the Real, even as the government evaluates the impact of a recently imposed tax on capital inflows, Secretary of Economic Policy Nelson Barbosa said in an interview on Monday.

• Tuesday, November 24th 2009 - 12:59 UTC

  Ford plans its largest ever investment in Brazil: 2.3 billion USD

  

  Ford Motor Co. announced it will spend 4 billion Reis (2.3 billion US dollars) to expand in the growing Brazilian market, the largest investment it has made in the country.

• Tuesday, November 24th 2009 - 07:49 UTC

  Lula da Silva anticipated his Uruguayan election vote: incumbent Mujica

  

  A leading figure from the ruling Workers Party of Brazil visited this weekend Uruguayan presidential candidate Jose “Pepe” Mujica with a message from President Lula da Silva.

• Tuesday, November 24th 2009 - 02:43 UTC

  Brazilian opposition questions Iranian president’s visit

  

  The main leader of the Brazilian opposition Jose Serra criticized the government of President Lula da Silva for receiving Iranian president Mahmoud Ahmadinejad and recalled that the Iranian Defence minister has been accused of the attack against the Argentine Jewish Mutual, AMIA, in 1994, in Buenos Aires.

• Monday, November 23rd 2009 - 11:22 UTC

  Iranain President begins controversial visit to Brazil, Bolivia and Venezuela

  

  Iranian President Mahmoud Ahmadinejad is expected Monday in Brasilia as part of a five nation tour to Africa and South America to boost ties with Latinamerica's biggest economy and a rare backer of Tehran's right to develop a nuclear programme.

• Friday, November 20th 2009 - 08:45 UTC

  Brazilian Senate calls on a “medium” to explain major blackout causes

  

  Last week’s huge blackout in Brazil which left 18 of the country’s 26 states in the dark is becoming a major embarrassment for the government with opposition Senators summoning a medium to help explain the causes of the outage.

• Thursday, November 19th 2009 - 13:23 UTC

  Brazil/Argentina agree trade differences should not influence political relation

  

  Brazil and Argentina ended Wednesday in Brasilia a full day of talks at presidential level without reaching a clear agreement on trade disputes that have caused disruptions to the bilateral relation.

• Thursday, November 19th 2009 - 13:20 UTC

  Brazil unveils tax on ADR to help contain appreciation of the Real

  

  Brazil took another step on Wednesday aimed at containing the appreciation of its currency, unveiling a 1.5% tax on certain trades involving American Depository Receipts, ADR, issued by Brazilian companies. Finance minister Guido Mantega said the tax will be charged when foreign investors convert ADRs for Brazilian companies into receipts for shares issued locally.