Brazil

• Thursday, September 24th 2009 - 09:21 UTC

  Lula da Silva calls on international community to reinstate Zelaya

  

  Brazilian President Lula da Silva said the international community demands the reinstatement of ousted Honduran leader Manuel Zelaya. Addressing the United Nations, Lula da Silva used the situation in Honduras as an example of where greater global political will was needed.

• Thursday, September 24th 2009 - 08:51 UTC

  Chilean pulp company expands into Brazil; becomes major global player

  

  Chile's blue-chip Ipsa index ended up 0.7% Wednesday, reaching a year high following Chilean pulp and paper products manufacturer Empresas CMPC SA expansion into Brazil, which would position the company among the five leading producers of the world.

• Wednesday, September 23rd 2009 - 11:52 UTC

  Moody’s confirms Brazil’s investment grade Baa3

  

  Moody's Investors Service raised Brazil's sovereign debt ratings to investment grade on Tuesday and underlined the resilience of Latinamerica's largest economy to the global financial crisis.

• Wednesday, September 23rd 2009 - 11:24 UTC

  Brazilian incumbent presidential hopeful drops to third place

  

  Brazilian Cabinet Chief Dilma Rousseff, President Lula da Silva’s likely choice to replace him, fell to third place in a survey of voter preferences ahead of 2010 presidential elections.

• Wednesday, September 23rd 2009 - 11:20 UTC

  World’s biggest iron ore producer under pressure to invest in steel industry

  

  Brazilian billionaire Eike Batista said he may be interested in acquiring a stake in the world’s biggest iron-ore producer Vale do Rio Doce, after one of the company’s shareholders said he showed “interest” in buying its stock.

• Tuesday, September 22nd 2009 - 12:59 UTC

  Honduran de facto rulers demand Brazil hand over Zelaya

  

  Honduras de facto leader Roberto Micheleti demanded that Brazil hand over deposed constitutional president Manuel Zelaya who is currently in the Brazilian embassy in Tegucigalpa following a dramatic secret return to the country.

• Monday, September 21st 2009 - 11:24 UTC

  Brazil’s Petrobras is the world’s eighth biggest in market value

  

  Brazil’s government managed oil and gas company Petrobras is the world’s eighth biggest global company in market value, according to a survey carried out by Ernst & Young.

• Monday, September 21st 2009 - 08:37 UTC

  Lula da Silva denies arms race and justifies investment in defence

  

  Brazilian president Lula da Silva denied South America had embarked in an arms race and justified purchases by Brazil, Chile, Venezuela and Colombia the four countries at the forefront of military hardware expenditure.

• Saturday, September 19th 2009 - 11:42 UTC

  Lula da Silva predicts Brazil will become world power in ten years

  

  President Lula da Silva predicts that Brazil in the near future will be in the short list of the world’s largest economies, probable in third or fourth position, and if “less lucky” at the most ranked fifth.

• Saturday, September 19th 2009 - 11:21 UTC

  Brazil’ stock exchange reaches new high; 62% gain so far in 2009

  

  Brazilian blue-chip shares closed on Friday at a 14-month high as global investors continue to flock to the country. The benchmark Ibovespa stocks index closed 0.8% higher at 60,703 points, up from Thursday's close at 60,236 points and breaking through the psychologically important 60,500-point mark.