Spain’s oil corporation Repsol-YPF CEO Antonio Brufau praised Brazil for its stability and clear rules of the game for the hydrocarbons industry. Brazil which holds huge reserves of offshore sub-oil this week announced a plan to reinforce control over the new deposits.
President Lula da Silva announced Monday that Brazil has entered negotiations with France for the purchase of 36 combat aircrafts Rafale, from Dassault. An official release from the Planalto said that negotiations include the transfer of French technology.
Brazil’s President Lula da Silva ruling Workers party has been in consultations with the communications team that worked with US president Barack Obama, with the purpose of helping design its campaign for the 2010 presidential election.
The military cooperation agreement to be signed Monday by Brazilian president Lula da Silva and his French counterpart, Nicholas Sarkozy will make Brazil the “leading naval power” in Latinamerica according to the O Estado de Sao Paulo.
Brazil has the necessary knowledge to build an atomic bomb according to an article in Sunday’s edition of Jornal do Brazil. The statement is based on a doctoral thesis presented recently at the Military Institute of Engineering IME.
The Brazilian government officially established this week a maximum timetable of six years for the construction of the high speed train, HST, planned to link the country’s main populated corridor which includes, Sao Paulo, Campinas and Rio do Janerio.
Brazil’s Rio do Janeiro and Argentina’s Buenos Aires open and close the Forbes list of the world’s ten happiest cities according to a recent survey conducted by policy advisor Simon Anholt and market researcher GfK Custom Research North America.
Brazil’s Rio de Janeiro city will build the largest marine aquarium in Latinamerica, municipal authorities announced on Wednesday. To be named AquaRio, the aquarium is part of a plan to revitalize the city.
The Brazilian Senate released a statement criticizing Venezuelan president Hugo Chavez for the measures implemented by his government against private media. The decision by the Senate’s Foreign Affairs Committee could further delay Venezuela’s incorporation to Mercosur.
Brazil's Central Bank decided on Wednesday to keep its benchmark lending rate unchanged at a record low 8.75%. The monetary policy committee, Copom, voted unanimously to leave the so-called Selic rate steady, in line with analysts' expectations.