Brazil

• Thursday, July 31st 2008 - 21:00 UTC

  Penguins wash up closer to equator in Bahia State, Brazil

  

  Penguins from frigid waters near the bottom of the world are washing up closer to the equator than ever before, Brazilian wildlife authorities said Wednesday.

• Wednesday, July 30th 2008 - 21:00 UTC

  Rio Tinto Corumba project target: 14.1 million tons of iron

  

  Rio Tinto PLC, the world's second-largest iron ore producer announced Tuesday it will spend 2.15 billion US dollars on a major expansion of its iron ore mine in Corumbá, Brazil, to help meet increasing demand in South America and the Middle East.

• Wednesday, July 30th 2008 - 21:00 UTC

  Petrobras, Latam's second largest corp., says Goldman Sachs

  

  Brazil's government managed oil and gas corporation Petrobras is among the world's top five energy sector leaders and is the second biggest company in Latin America, according to studies published by Goldman Sachs and by América-Economía magazine.

• Monday, July 28th 2008 - 21:00 UTC

  Lula underlines good performance of the Brazilian economy

  

  Brazilian president Lula da Silva underscored the good indicators of the Brazilian economy in spite of the world crisis and soaring food prices and said his administration's policy is to increase production to combat inflation.

• Thursday, July 24th 2008 - 21:00 UTC

  Brazil fertilizer industry expects record sales year

  

  With high prices for soy and corn, which are spurring growers to plant more, the Brazilian fertilizer industry expects a record volume sales year. However fertilizers high cost could have an impact for some crops.

• Thursday, July 24th 2008 - 21:00 UTC

  Brazil raises basic interest rate 75 basis points to 13%

  Brazil's central bank raised interest rates by 75 basis points to 13% on Wednesday, lifting borrowing costs for the third time in four months in a bid to prevent resurgent inflation from undermining economic growth.

• Thursday, July 24th 2008 - 21:00 UTC

  Brazil to host Latam Caribbean integration summit in December

  

  Brazilian president Lula da Silva extended an invitation to Latinamerican and Caribbean leaders to discuss regional integration and development in a meeting scheduled next December 16/17 in the northeastern city of Salvador. The announcement was made during a banquet to honor Trinidad and Tobago Primer Minister Patrick Manning.

• Monday, July 21st 2008 - 21:00 UTC

  Colombia and Brazil agree on ample defense cooperation

  

  Colombia and Brazil agreed on a cooperation and defense pact aimed at controlling the one thousand mile lawless common border which is regularly used by drugs and arms dealers as well as the cocaine-funded FARC rebel group.

• Monday, July 21st 2008 - 21:00 UTC

  EU offers to cut farm tariffs by 60% at Doha round talks

  

  The European Union has offered to cut its farm tariffs by 60% to kick-start trade talks in Geneva. EU trade commissioner Peter Mandelson urged Brazil, India and China to reciprocate by slashing their industrial tariffs. The EU previously offered to cut farm tariffs by 54%.

• Monday, July 21st 2008 - 21:00 UTC

  World experts discuss rapid wetlands disappearance

  

  Experts from all over the world are discussing in Brazil about the rapid disappearance of the world's wetlands and its potential effect on global warming. The event organized by United Nations and Brazil's Federal University of Matto Grosso are taking place in Matto Grosso, next to what is considered the world's largest wetlands in the heart of South America, the Pantanal.