Brazil's Companhia Vale do Rio Doce, the world's largest iron ore miner, said it is negotiating price increases with its clients in Asia to put them at the same rate as European customers.
Brazil's Bovespa index fell 4.5% on Tuesday and the lowest level in a year as prices for top commodity exports slumped and Finance minister Guido Mantega predicted the currency will extend its steepest monthly decline since 2002.
Brazilian president Lula da Silva said he would be choosing his successor in 2010 and anticipated there are great chances that the next president could be a woman, although he did not advance names.
Brazil's consumer prices index in August increased at its slowest pace in 11 months, 0.28% following on a significant drop in food prices according to the latest release from the Brazilian Geography and Statistics Institute, IBGE.
Brazilian coach Dunga and some Brazil players were not happy to hear President Lula da Silva praise Argentine star Lionel Messi and complain about the national team. They called for support and one of them suggested the president should become an Argentine citizen.
President Lula da Silva inaugurated this week Brazil's first extraction of oil from deep waters which highlighted techniques to be applied to vast oil fields found even farther offshore and at greater depths.
Brazil has turned down a formal invitation by Iran to join the Organization of Petroleum Exporting Countries (OPEC) it was reported by the official Iranian news agency.
During January to August 2008, Brazilian beef exports fell 22% year-on-year to 711,716 tonnes swt, while revenue was up 18% as average export prices increased 50% to 3818 US dollars ton swt.
Brazil's President Lula da Silva suspended on Monday the entire leadership of the country's intelligence agency after it was accused of spying on the Supreme Court chief and members of Congress.
Brazil' population reached 189.6 million and will cease to grow in thirty years time when it's expected to total 220 million inhabitants according to a report from the Brazilian Geography and Statistics Institute, IBGE.