Brazil is considering raising taxes paid by companies to explore for new oil and gas fields in the country to take into account recent big finds in the sub-salt cluster, Brazilian energy Minister Edison Lobao said on Tuesday.
Six children have died of the mosquito transmitted disease in the last 24 hours reported Brazilian health authorities from Rio do Janeiro, totaling 30 fatal cases so far this year which is almost the 31registered in the twelve months of 2007.
Following on Brazil's National Energy Policy Council recommendations the President Lula da Silva administration has given the green light for the resumption of construction of the third reactor at the Angra nuclear power plant, reports Sao Paulo's Gazeta Mercantil.
Brazilian farmers are set to receive a record 85 billion US dollars this year riding on high commodity prices and a bigger crop. This represents a 14.4% increase over the previous year in real value, according to the latest data from the Brazilian Ministry of Agriculture and Livestock.
Brazil levied a new tax on foreign capital and announced tax breaks for exporters Wednesday in an effort to slow the Brazilian Real's gains against the US dollar which has appreciated 62% against the greenback in three years.
Brazil's economy expanded a greater-than-expected 6.2% in the fourth quarter, the fastest year-on-year quarterly expansion since June 2004, helping the overall 2007 expansion to reach 5.4%, boosted by consumer spending and business investment.
Brazil and Spain have agreed to a truce on migration controls following a stand off between both countries regarding Brazilian and Spanish tourists.
Brazilian President Luiz Inacio Lula da Silva inaugurated Friday an exhibition at Rio's Historical Museum, New World, New Empire, and met visiting Portuguese President Anibal Antonio Cavaco Silva marking the beginning of the country's bicentennial celebrations.
Brazilian migration officials on Friday turned back eight Spanish tourists a day after the country expressed disappointment to Spain over the high number of Brazilians that are being rejected at the Madrid Barajas airport.
Brazil economy grew more than 5% in 2007 on high global demand for agricultural products, ethanol and iron ore and a booming domestic market, Finance Minister Guido Mantega said Friday in a press conference.