Tag: Brazil

Friday, August 29th 2014 - 06:46 UTC
Mercosur main partners in another attempt to re-launch withering economies

Argentine Economy minister Axel Kicillof left Buenos Aires on Thursday for Brazil, where he will meet with fellow ministers from the country to discuss the current situation of bilateral trade and the automotive industry.
Tuesday, August 26th 2014 - 07:35 UTC
Brazilian consumers’ confidence at its lowest in more than five years

Brazil's consumer confidence deteriorated sharply in August to its lowest level in more than five years, the think tank FGV said Monday. The consumer confidence index fell to 102.3 from 106.9 in July. The score was the lowest since April 2009, when it was 99.7. In July, the index had risen strongly from April's 103.8.
Saturday, August 23rd 2014 - 06:50 UTC
Brazil approves port infrastructure works for 1.73bn in Rio and Santos

Brazil's National Port Authority and Waterways has approved 1.73bn dollars in port infrastructure works to be carried out by three local operators: steelmaker CSN, container terminal operator Santos Brazil and US food and agribusiness firm Archer Daniels Midland Company (ADM).
Friday, August 22nd 2014 - 07:07 UTC
Depressed Brazilian economy becomes focus of presidential campaign

With less than two months to the crucial 5 October presidential election, Brazil's Central Bank continued to battle economic turmoil increasing the credit available for commercial loans in the hope of boosting the country’s stagnant growth figures.
Thursday, August 21st 2014 - 06:46 UTC
Environmentalist Marina presidential candidate but with a pro-agribusiness in the ticket

Environmentalist Marina Silva officially has launched a bid for president, upending Brazil's October 5 elections and threatening the ruling Workers' Party's 12-year hold on power. So far a vice-presidential candidate for the Brazilian Socialist Party, Marina accepted the nomination to top the ticket after candidate Eduardo Campos, a former governor and rising political star, was killed in a plane crash last week.
Wednesday, August 20th 2014 - 09:50 UTC
Dilma admits many problems plague Brazil but refuses to talk about corruption in her party

Brazilian President Dilma Rousseff acknowledged “many problems and challenges” still plague the country's woeful heath system but defended her record on the economy and education on a live 15-minute interview on the Globo television network's nightly news.
Monday, August 18th 2014 - 22:55 UTC
Marina exposes Dilma's 'soft belly': polls shows she could beat the president in a run-off

Environmentalist Marina Silva could unseat incumbent Dilma Rousseff in Brazil's presidential elections in October, a public opinion poll revealed on Monday, reflecting an altered political landscape since Silva's running mate was killed in a plane crash last week.
Saturday, August 16th 2014 - 11:59 UTC
Brazil on the ledge of recession as activity drops sharply in June

Economic activity in Brazil dropped sharply in June as the World Cup football tournament shut down shops and factories across the country, adding to signs Latin America's largest economy slipped into recession.
Saturday, August 16th 2014 - 11:49 UTC
Plenty of generic Viagra in Brazilian pharmacies as patent expires

The day after Pfizer Inc’s patent for Viagra expired in Brazil, Carlos Sanchez flooded pharmacies with his generic erectile dysfunction pills. It was a day his army of lawyers, researchers and marketers had been preparing for more than three years, even winning a bid to move up the patent’s expiration date.
Wednesday, August 13th 2014 - 21:58 UTC
Brazilian presidential candidate dies in air crash; three days national mourning

Brazilian presidential candidate Eduardo Campos, a contender to unseat President Dilma Rousseff in October elections, died Wednesday when his campaign jet crashed in the city of Santos, killing all seven people aboard.