Brazil

Monday, July 14th 2008 - 21:00 UTC
Petrobras strike: “contingency plan” guarantees supply

Brazilian government managed oil and gas corporation Petrobras reacting to a labor strike which began early Monday announced that all but two out of 38 offshore platforms are extracting hydrocarbons.
Friday, July 11th 2008 - 21:00 UTC
Brazil's Petrobras rig workers begin strike next Monday

Workers from Brazil's government managed oil corporation Petrobras confirmed on Friday they will begin a five-day strike at the country's main fields in the off shore Campos basin on Monday, regardless of whether the company presents a proposal before then.
Friday, July 11th 2008 - 21:00 UTC
Lula da Silva calls Vietnam war, “victory of the oppressed”

Brazilian president Lula da Silva visiting Vietnam described the war against the United States which ended with the country's union and full independence as a “victory of the oppressed”.
Thursday, July 10th 2008 - 21:00 UTC
Brazil's Central Bank promises full action against inflation

The Brazilian Consumer price index unexpectedly slowed in June from May, though on an annual basis inflation remains at its fastest pace since November 2005, according to the latest report from the country's IBGE (Brazilian Geography and Statistics Institute) released on Thursday.
Thursday, July 10th 2008 - 21:00 UTC
Brazil confirms merger and world's third largest bourse

Brazil's antitrust authority, Administrative Council for Economic Defence, CADE, approved the merger between the Bovespa stock exchange and the BM&F futures market, a spokesman said this week.
Monday, July 7th 2008 - 21:00 UTC
Brazil: dramatic drop in infant mortality and malnutrition

Malnutrition among children below the age of 5 dropped dramatically in Brazil between 1996 and 2006 according to a release from the National Demography and Health Studies on women and children released on Sunday.
Monday, July 7th 2008 - 21:00 UTC
One out of five trees lost in Amazon are from protected areas

One of each five timbered trees in the Brazilian Amazon belongs to government protected areas according to a report published on Sunday by O' Globo.
Saturday, July 5th 2008 - 21:00 UTC
Petrobras sets during June new oil production record

Brazil's government managed oil and gas corporation Petrobras set a new monthly oil production record in Brazil in June: 1,867,000 barrels per day (bpd). This was 12,600 bpd higher than the previous record from last December with 1,855,000 bpd.
Saturday, July 5th 2008 - 21:00 UTC
Sao Paulo stock market lost foreign investors in June

Brazilian stocks partly recovered (0.16%) on Friday after their worst week in nearly a year with the Sao Paulo Bovespa index falling 7.7%, -below the 60.000 benchmark-, in line with global markets and concerns about oil and inflation.
Friday, July 4th 2008 - 21:00 UTC
Brazil begins process to renew entire fleet of fighter jets

Brazil launched the process to buy at least 36 fighter jets as part of a broader plan to modernize its Air Force and in keeping with neighbors that are also in the process of overhauling their fleets.