Brazil

Thursday, November 8th 2007 - 20:00 UTC
Petrobras hits major field and could join oil premier league

Brazil's state oil company announced Thursday that it had discovered as much as eight billion barrels of light crude in an ultra-deep field off the coast of Rio de Janeiro, an amount that could transform the country into a major world oil exporter.
Tuesday, November 6th 2007 - 20:00 UTC
Brazil to boost defense industry and acquire 36 fighter jets

Brazil plans a major increase of the armed forces budget and a long term boost to the local defense industry and military technology which includes the purchase of 36 fighter jets worth 2.2 billion US dollars revealed the Brazilian press over the weekend.
Friday, November 2nd 2007 - 20:00 UTC
Brazil hikes military spending with new defense plan

Brazil has announced it plans to boost military spending by more than 50% in 2008, to around an estimated 5.4 billion US dollars and draw up a new defense plan, but told its neighbors they should not worry.
Thursday, November 1st 2007 - 20:00 UTC
London's police guilty over shooting of Brazilian Menezes

The Metropolitan Police has been found guilty of breaching health and safety laws over the shooting of innocent Brazilian Jean Charles de Menezes.
Tuesday, October 30th 2007 - 20:00 UTC
FIFA confirms Brazil as host of 2014 men's World Cup of soccer

Brazil was confirmed as host of the 2014 men's World Cup on Tuesday, marking the first time since 1950 that the privilege has been bestowed on the country that calls itself “the land of the football boot.”
Saturday, October 27th 2007 - 20:00 UTC
FIFA recommend Brazil's bid to host 2014 World Cup

Brazil is the only country in the running to host the 2014 World Football Cup competition, which is set to be staged in South America due to Fifa's rotation system. Inspectors have sent a report to the Fifa executive committee indicating their approval, and a decision will be announced next Tuesday.
Saturday, October 20th 2007 - 20:00 UTC
Brazil has plans to search for oil in western Amazon

Plans to search for oil and natural gas in Brazil's remote western Amazon have raised concerns that one of the last untouched areas of the world's largest wilderness will be spoiled.
Thursday, October 18th 2007 - 20:00 UTC
Brazil optimistic about an agreement on the Doha round

World trade talks are progressing and appear to be edging close to a deal, Brazil's ambassador to the United States said on Wednesday. In Pretoria a summit of presidents from host South Africa, Brazil and India seemed to confirm expectations.
Thursday, October 18th 2007 - 20:00 UTC
Brazil's Central Bank adopts “wait and see” monetary policy

Brazil's Central Bank left this week the October reference interest rate, Selic, unchanged at 11.25%, putting an end to a monetary policy distention which begun over two years ago.
Sunday, October 14th 2007 - 20:00 UTC
Lula da Silva discards re-election and denies heavy drinking

Brazilian president Lula da Silva reiterated he was against a hypothetical reelection for a third mandate but did not deny the possibility of running again in 2014, according to a Sunday interview with Folha do Sao Paulo. The president also pointed out that the last time he got drunk was in 1974.