Brazil

Saturday, February 21st 2009 - 20:00 UTC
Brazil's unemployment reaches sever-year high: 8.2%

Brazil unemployment rate in January jumped the most in seven years to 8.2% from 6.8% in December according to the country's national Statistics Agency. The jobless rate is based on Brazil six largest metropolitan areas.
Saturday, February 21st 2009 - 20:00 UTC
Brazilian think tank forecasts second quarter upturn

Brazil has survived the worst of the global financial crisis and could see an upturn as early as the second quarter, the state-funded Institute for Applied Economic Research, or IPEA, said this week.
Saturday, February 21st 2009 - 20:00 UTC
Petrobras establishes new oil production record in January

Petrobras average oil and gas production in Brazil during January climbed to 2,219,165 barrels of oil equivalent per day (boe), 4.8% more than a year ago and up 0.7% over December 2008. Oil from domestic fields was 1,922,946 barrels/day, setting a monthly record, 5.3% above the mark set a year earlier and 2.5% more than the December volume.
Friday, February 20th 2009 - 20:00 UTC
US Justice blocks consolidation of meat industry

Brazil's JBS, the world's largest beef producer and owner of JBS-Swift, said on Friday it had abandoned its attempt to takeover of US meat company National Beef Packing Company LLC.
Thursday, February 19th 2009 - 20:00 UTC
Brazil/China sign long term oil supply and funding accord

Brazil signed an agreement to supply China with 100,000 to 160,000 barrels of oil per day at market prices in exchange for a loan from the China Development Bank to help develop its huge oil reserves.
Tuesday, February 17th 2009 - 20:00 UTC
Brazilian metal unions accept job stability for salary cuts

Brazil metalworkers unions from the country's powerhouse, Sao Paulo state, have agreed to salary and working hours cuts in an attempt to save 16.300 jobs, according to industry sources.
Saturday, February 14th 2009 - 20:00 UTC
Brazilian family “shocked” with UK prosecutors' attitude

The family of Brazilian citizen Jean Charles de Menezes dropped their legal battle for justice after British prosecutors refused to bring charges over his death. They said almost four years of relentless campaigning brought them little closer to holding any individual to account for the innocent Brazilian's death.
Saturday, February 14th 2009 - 20:00 UTC
Petrobras overseas investment targets US and Argentina

Brazil's government-managed oil and gas corporation Petrobrás announced Friday its international 2009/2013 investment plan totalling 15.9 billion US dollars, of which 44% has been earmarked for allocation in United States and Argentina.
Thursday, February 12th 2009 - 20:00 UTC
Brazil promotes construction: plans 1 m houses by 2010

Brazilian president Lula da Silva said the government will help build one million new homes by 2010 to revive economic growth and as part of a package of measures to bolster the domestic market to be announced in coming days.
Wednesday, February 11th 2009 - 20:00 UTC
Lula da Silva has two visits planned to Russia in 2009

Brazilian President Lula da Silva will be visiting Russia twice this year, a senior Russian Foreign Ministry official said on Wednesday in Moscow.