Brazil

Thursday, August 20th 2009 - 16:05 UTC
Argentina and Brazil moving towards “financial integration”

Argentina and Brazil signed Wednesday an agreement to swap domestic currencies for the equivalent of a total 1.8 billion US dollars, which could be used to increase international reserves. The accord was described as an important effort towards “financial integration” in the framework of Mercosur.
Thursday, August 20th 2009 - 15:54 UTC
Brazilian Senate corruption scandal closing in on President Lula da Silva

A former high ranking officer from Brazil’s Tax Office directly accused President Lula da Silva’s handpicked candidate for October 2010 presidential election of trying to stop a probe into the finances of the Senate’s chief family.
Tuesday, August 18th 2009 - 13:29 UTC
Governor Serra leads vote intention for Brazilian presidential election

Jose Serra, Sao Paulo governor and main reference of the opposition leads comfortably in public opinion polls for next year’s presidential election in Brazil when the successor of President Lula da Silva is to be chosen.
Monday, August 17th 2009 - 12:28 UTC
Congress scandal has not influenced Lula da Silva’s record approval rating

Brazilian president Lula da Silva has an approval rating of 67% and his image has not been tarnished by the corruption scandals involving his powerful ally Senator Jose Sarney, according to the latest public opinion from Datafolha, published Sunday by Folha de Sao Paulo.
Monday, August 17th 2009 - 12:26 UTC
Brazilian government and private sector differ on rates and strong Real

Brazilian private banks should follow state lenders and lower interest rates to help drive a rebound of the economy, said Central Bank President Henrique Meirelles during a seminar last week in Sao Paulo. He also stated that the Central Bank policy is geared to an accumulation of reserves “to improve the country’s resistance to the crisis”.
Monday, August 17th 2009 - 12:16 UTC
Mexican president proposes free trade agreement with Brazil

Mexico's President Felipe Calderon has said he will propose a free trade agreement with Brazil. “Trade enriches economies,” said Mr Calderon during a meeting with business leaders in Sao Paulo.
Monday, August 17th 2009 - 10:35 UTC
Released documents reveal Brazil’s crucial role in 1973 Chilean coup

Former Brazilian dictator Emilio Garrastazú Médici and ex US president Richard Nixon agreed on the need to oust Chilean peer Salvador Allende and Cuba’s Fidel Castro during a meeting at the White house in 1971, when then advisor Henry Kissinger wrote the minutes, according to declassified documents published Sunday.
Wednesday, August 12th 2009 - 09:30 UTC
Lula da Silva’s hand picked candidate involved in the Sarney scandal

Brazilian president Lula da Silva’s closest aide has been accused of involvement in helping Senator Jose Sarney and his family slip off serious corruption charges, a major scandal that has shocked Brazilian public opinion.
Wednesday, August 12th 2009 - 09:26 UTC
A third of Brazilian Senators face charges reveals the media

A third of the Brazilian Senate members face some kind of judicial demand, be it criminal, common or electoral law according to a report published this week by Folha de Sao Paulo.
Monday, August 10th 2009 - 12:18 UTC
Relief for Lula da Silva: crucial ally exempt from corruption charges

Brazilian Senate president Jose Sarney managed to slip away from a battery of corruption, nepotism and secret-resolution charges against him, following the Ethics Council decision to shelve the case with no debate.