Brazil’s leading private banking institution Itaú-Unibanco denied London press reports it was interested in block-buying into UK banks that were saved from collapse in 2008 by the British government, as well as banks in other countries including United States, but admitted an interest in shares
Brazil trade surplus in 2009 was 24.615 billion US dollars the lowest since 2002 (13.13 billion USD) and the worst since President Lula da Silva has been in office, according to the latest release from the Development, Trade and Industry ministry.
Brazilian president Lula da Silva praised as one of the most influential leaders of the world ends 2009 with a serious political crisis: the Minister of Defence and the commanders on the three services have threatened to resign over the creation of a “truth commission” to investigate human rights abuses during the military dictatorship that extended from 1964 to 1985.
The performance of Brazilian stocks in 2009 has been one of the highest in the world while the local currency, the Real reflected the recovery of Latinamerica’s largest economy by appreciating 34% against the US dollar this year.
Researchers from Brazil’s prestigious University of Sao Paulo have discovered that marihuana contains substances which can help ease the collateral effects of medicines prescribed to patients suffering from Parkinson disease.
The opposition Social democrat governor of Sao Paulo, Jose Serra, remains as the clear leader to win next year’s Brazilian presidential election, according to the latest public poll released by the top selling magazine Istoé.
The Inter American Press Association (IAPA) has urged Brazil’s Federal Supreme Court to review its decision that resulted in the ongoing censorship of investigative reports that might expose wrongdoing in the Federal Senate.
Brazil’s most popular president in recent history, Lula da Silva, seems to be in a collision course with some of the big media corporations. His administration is sponsoring a National Conference on Communications allegedly to draft a regulatory framework which media corporations claim has an only purpose, government control of the press and its content.
United States Senate confirmed Thomas Shannon as the newly appointed US Ambassador to Brazil, after a long delay due to the veto of Republican national deputies, who have showed discontent towards US President Barack Obama's policies as regards Latin America.
French daily Le Monde named Brazilian President Lula da Silva Man of the Year for personifying a giant. It is the first time in its history the French publication has made this designation.