Brazil

Wednesday, September 17th 2008 - 21:00 UTC
Norway pledges one billion USD to protect Amazon rainforest

Norway has pledged one billion US dollars by 2015 to preserve the Brazilian Amazon rain forest, as long as South America's largest nation keeps trying to stop deforestation, visiting Norwegian Prime Minister Jens Stoltenberg announced in Brasilia.
Tuesday, September 16th 2008 - 21:00 UTC
Brazil determined to join the exclusive nuclear fusion club

Brazil is determined to join the world's exclusive club of nuclear research and is willing to contribute with a billion US dollars to participate in the ambitious International Thermonuclear Experimental Reactor, ITER project in France.
Monday, September 15th 2008 - 21:00 UTC
Brazil: Development of oil will help expand 4% in 2009

Brazil's economy is forecasted to expand 4% in 2009 as oil exploration bolsters investment even as the United States and European Union slowdown hamper global growth, according to the country's Planning Minister Paulo Bernardo.
Monday, September 15th 2008 - 21:00 UTC
Brazil police murders on behalf of drug gangs, says UN

Brazil's police are responsible for a significant proportion of the 48,000 murders committed every year, a United Nations human rights expert said Monday in a report heavily criticizing law enforcement in the South American country.
Saturday, September 13th 2008 - 21:00 UTC
Brazilian president Lula popularity at all-time high

A new poll shows that the popularity of Brazilian President Luiz Inacio Lula da Silva is at its highest level since he took office in 2003.
Friday, September 12th 2008 - 21:00 UTC
Brazil full support for Morales and warns Bolivian “terrorists”

Brazil will not accept any attempt to overthrow the government in Bolivia as opposition protests spiral into deadly clashes with government supporters, the Brazilian president's foreign policy adviser said on Thursday.
Thursday, September 11th 2008 - 21:00 UTC
Record 2007/08 harvest in Brazil, 143.8 million tons

Brazil confirmed that the 2007/08 was the greatest grain and oilseed crop ever, 143.8 million tons. The Ministry of Agriculture said it was 9.2% above the previous season and could further increase when the final volumes of the northeast second corn harvest are completed.
Thursday, September 11th 2008 - 21:00 UTC
Brazil raises basic rate to 13.75%, highest in two years

The Brazilian Monetary Policy Committee (Copom) of the Central Bank (BC) raised the base interest rate (Selic) by 0.75 percentage point, from 13% to 13.75% a year. This is the fourth consecutive hike in Selic and the highest is almost two years.
Thursday, September 11th 2008 - 21:00 UTC
Petrobras confirms pre-salt oil reservoir of light oil and gas

Petrobras announced this week that the completion of the Iara well drilling (which first found oil in August 2007) confirmed the discovery of light oil in the Santos basin pre-salt reservoir with a recoverable volume estimated in 3 to 4 billion barrels of light oil and natural gas.
Wednesday, September 10th 2008 - 21:00 UTC
Brazilian economy expanded 6% in the first half of 2008

Brazil's economy expanded 6.1% in the second quarter of 2008 compared to the same period a year ago and 1.6% over the previous quarter, according to the latest release from the Brazilian Geography and Statistics Institute, IBGE. Similarly in the first half of this year Brazil's GDP increased 6% compared to the same period a year ago.