Brazil

• Friday, August 7th 2009 - 12:50 UTC

  Mercosur works if Brazil makes it work, said Uruguayan presidential hopeful

  

  The Uruguayan ruling coalition presidential candidate Jose Mujica said Brazilian president Lula da Silva promised to help speed power inter-connection between the two neighbouring countries, in the framework of Mercosur, in spite of Argentina’s non supportive attitude. He also underlined Mercosur depends on Brazil’s willingness.

• Friday, August 7th 2009 - 07:19 UTC

  US financial support for Brazil to develop massive offshore pre-salt oil deposits

  

  United States is prepared to provide up to 10 billion US dollars in loans to finance the development of massive hydrocarbon reserves off Brazil’s coast, revealed Brazil’s Planning Minister Paulo Bernardo da Silva.

• Thursday, August 6th 2009 - 16:09 UTC

  Hazardous waste illegally sent to Brazil returned to UK

  

  Brazil announced it was returning 1.500 tonnes of hazardous waste that arrived from Britain labelled as recyclable plastic. The Brazilian Institute of Environment and Renewable Natural Resources said 89 containers left for Felixstowe, UK from the port of Santos on board MSC Oriane.

• Wednesday, August 5th 2009 - 12:39 UTC

  Lula da Silva boasts Brazil now advises the IMF

  

  President Lula da Silva said that Brazil is climbing out, and strengthened, from the deep global financial crisis and underlined that “Brazil is now advising the International Monetary Fund, IMF”.

• Tuesday, August 4th 2009 - 09:42 UTC

  Count down for Lula da Silva’s key congressional ally

  

  Brazilian Senate President Jose Sarney, a key ally of President Lula da Silva, may be forced to resign amid allegations he used his position to win government jobs and contracts for relatives. Senators from parties backing President Lula da Silva joined by members from the opposition are increasing pressure on Sarney to step down.

• Tuesday, August 4th 2009 - 09:22 UTC

  Brazil purchases 250 German Leopard tanks to guard its borders

  

  The Brazilian army purchased 250 German leopard 1 A5 tanks which will be displayed mainly along the country’s 16.000 kilometres of land and fluvial borders thus reinforcing its dissuasive capacity in the event of foreign attacks. The program is also part of the National Defence Strategy, NDS, approved last December by President Lula da Silva.

• Sunday, August 2nd 2009 - 12:06 UTC

  Lula da Silva rejects any idea or proposal for a third mandate

  

  Brazilian president Lula da Silva reiterated Saturday he has no plans for a third mandate and anticipated he would reject a proposal from members of his won Workers Party for a constitutional amendment that would allow him to run again for president in 2010

• Sunday, August 2nd 2009 - 11:57 UTC

  Lula da Silva wants control over world largest iron-ore producer

  

  Brazilian President Lula da Silva wants the government to take control of Vale SA, according to the weekly magazine Veja. However the origin of the information was not revealed.

• Saturday, August 1st 2009 - 17:07 UTC

  Britons to stay in Brazil prison

  

  The British law graduates accused of holiday insurance fraud are being held in a Brazilian prison with murderers and drug-traffickers after a judge refused to grant them bail.

• Friday, July 31st 2009 - 06:58 UTC

  Brazilian interest rates forecasted to remain unchanged until end of 2009

  

  Brazil’s monetary policy makers said the benchmark interest rate (8.75%) is at a level that will spur economic growth without sparking inflation, signalling that they are prepared to keep borrowing costs unchanged through the end of the year.