Brazil

• Monday, June 4th 2007 - 21:00 UTC

  Brazil's Lula da Silva proposes forest preservation plan

  President Luiz Inacio Lula da Silva said Monday that rich nations should pay poorer countries to preserve their forests because the rich are responsible for most of the world's greenhouse gas emissions

• Sunday, June 3rd 2007 - 21:00 UTC

  Brazilian president visits India to strengthen ties

  Brazilian President Luiz Inacio Lula da Silva arrived Sunday morning to New Delhi on a three-day state visit, which is expected to strengthen strategic and economic ties between the two countries. The main issues discussed would be multilateral trade talks, climate change and UN reforms.

• Wednesday, May 30th 2007 - 21:00 UTC

  Brazilian group becomes world's leading meat packer

  The Brazilian group JBS, which is the leading beef exporter of Latinamerica announced this week the purchase of Swift & Co., the third largest fresh meat (beef and pork) packer in the United States, thus becoming the world's leading meat packer.

• Wednesday, May 23rd 2007 - 21:00 UTC

  Brazil's Energy minister resigns amid bribes accusations

  Brazil's Mines and Energy minister Silas Rondeau resigned amid accusations he was bribed by a construction company that obtained contracts to provide electricity to poor rural areas in a program championed by the nation's first working class president

• Wednesday, May 23rd 2007 - 21:00 UTC

  Toyota launches two fuel-flexible Corolla models in Brazil

  

  Toyota is launching cars that run on ethanol and gasoline in Brazil amid growing popularity of fuel-flexible vehicles in the nation.

• Tuesday, May 22nd 2007 - 21:00 UTC

  Energy topped Lula's controversial visit to Paraguay

  

  Brazilian president Lula da Silva one day visit to Paraguay to sign several bilateral agreements and officially inaugurate the expanded capacity of the huge bi-national Itaipu dam along the Parana river was signaled by strong criticism from the local press.

• Tuesday, May 22nd 2007 - 21:00 UTC

  Green light in Brazil to build a third nuclear plant

  

  Brazilian President Luiz Inacio Lula da Silva has given the green light to build a long-delayed third nuclear plant in Brazil, reported the Sao Paulo press.

• Sunday, May 20th 2007 - 21:00 UTC

  Lula da Silva has plans to limit civil servants right to strike

  Brazil plans to limit the right of civil servants to strike demanding that in such cases 40% of public services must continue operational, according to sources from the Attorney General's Office and Planalto Palace, seat of the Executive.

• Friday, May 18th 2007 - 21:00 UTC

  TAM/United Airlines sign strategic regional alliance

  

  Brazil's TAM Linhas Aereas and United Airlines, a founding member of the Star Alliance, signed Friday a memorandum of understanding to develop an agreement that enables the airlines to offer code-share flights with each other and expands international destinations and frequent flyer opportunities for customers of both carriers.

• Monday, May 14th 2007 - 21:00 UTC

  Higher costs make Petrobras first quarter profit drops 38%

  Petrobras Brazil's government owned hydrocarbons company said first-quarter profit fell 38% as oil prices dropped and costs rose. Net income dropped to 4.13 billion reais (2.05 billion US dollars), 6.68 billion reais in the first quarter of 2006, and net sales rose 8.4 % to 38.98 billion reais.