A huge offshore oil discovery could raise Brazil's petroleum reserves by a whopping 40 percent and boost this country into the ranks of the world's major exporters, officials said.
Support for Brazilian President Lula da Silva's administration jumped to its highest level 58%, riding on a strong economy which has helped boost wages and jobs, a public opinion poll showed on Thursday.
Rio de Janeiro state officials admitted on Thursday that the mosquito transmitted dengue epidemic has claimed at least 54 lives January, health officials said Thursday. Hospitals have reported a total of 114 deaths from the mosquito-borne disease, but 60 of those cases are still being investigated.
Mercosur with Venezuela included has the potential of becoming a trade block of the whole of South America said Brazilian Foreign Affairs minister Ceslo Amorim who also insisted that keeping out of the Washington inspired Free Trade Area of the Americas, FTAA, has been positive.
Brazil became in 2007 Spain's second most important trade partner in the region (behind Mexico) and the main destination for Spanish net investments, according to official figures released this week in Madrid.
The merger of the Brazilian Bolsa de Valores de Sao Paulo and the futures Bolsa de Mercaderias & Futuros-BM&F SA confirmed the creation of the world's third-biggest publicly traded securities exchange and the largest in Latin America.
Brazil's Defence Minister Nelson Jobim says the military is ready to help the city of Rio de Janeiro deal with rising numbers of dengue fever cases.
Rio do Janeiro faces a dengue epidemic claims the physicians association of the Brazilian state which anticipated that next Monday they will make a formal claim against municipal, state and federal authorities for neglecting the spread of the disease that so far this year has caused 30 deaths.
Brazil's trade surplus shrank to 882 million US dollars in February, less than one third of the same month a year ago 2.9 billion US dollars, according to the country's Ministry of Development, Industry and Foreign Trade.
Encouraged by Brazil's resurgent economy, ship builders are making a strong bid to enter the naval market in the region with an array of weaponry including submarines. A leader in naval technology, Rio-based, Emgepron (Empressa Gerencial De Projetos Navais) is displaying its products at the Doha International Maritime Defence Exhibition Conference (Dimdex 2008).