Tag: Brazil

Thursday, December 12th 2013 - 06:54 UTC
EU admits difficulties and requests Mercosur to delay the exchange of tariff proposals

The European Union has formally requested that the exchange of tariff proposals with Mercosur for the creation of a cooperation and free trade zone, originally scheduled for next week, be delayed until 2014. The message was received by the Brazilian delegation at the recent WTO Bali discussions.
Thursday, December 12th 2013 - 06:47 UTC
Brazil expects a 90 million tons soybean crop, making it the world's top producer

Brazil's government food supply agency Conab forecast record soybean output of 90.03 million tons, near the top of its previous forecast of 87.9 million to 90.2 million tons, as farmers finish planting new fields.
Saturday, December 7th 2013 - 06:34 UTC
Brazil says Argentina will again open the doors to bilateral trade next week

Argentina will from next week open the doors for Brazilian imports held up on the border between the two nations, including footwear and motor vehicles, according to Brazilian Minister of Development, Industry and Foreign Trade Fernando Pimentel.
Saturday, December 7th 2013 - 06:03 UTC
Brazil inflation slows down in November to an annualized 5.77%

Brazil's annual inflation cooled in November falling to 5.77%, reported the Institute of Geography and Statistics, IBGE, on Friday. The November reading was the lowest since registering 5.84% in December 2012.
Friday, December 6th 2013 - 23:16 UTC
Europe demanding a decision from Mercosur on advancing the trade talks

The European Commission president Jose Manuel Barroso called on Mercosur to decide whether it wishes to advance in trade talks with the European Union jointly, as a block, and suggested the idea of a 'two-speed negotiation', since it is clear that Brazil is interested in advancing and wants to reach an agreement.
Friday, December 6th 2013 - 07:05 UTC
Brazil's central bank expected to keep current pace of interest rate increases

Brazil's central bank said its current pace of interest rate increases remains appropriate to rein in consumer prices, repeating language it used to justify previous half-percentage-point increases, according to the November 26/27 minutes released on Thursday.
Friday, December 6th 2013 - 06:57 UTC
FIFA announces 358m dollars of prize money for the 2014 Cup

The 32 teams at next year's World Cup finals will share a total fund of 576 million dollars, including a prize-money pot of 358m with the winners taking home 35m, FIFA said on Thursday. The amount of money made available to the countries taking part has increased 37% from the 420m on offer at the 2010 finals in South Africa.
Friday, December 6th 2013 - 06:45 UTC
Brazilian authorities admit to have learnt from Confederations Cup protests

Brazilian authorities say they've learned from demonstrations during the Confederations Cup not to let protesters get too close to stadiums at the upcoming World Cup. Andrei Augusto Rodrigues, security head for major events at Brazil's justice ministry, acknowledged that police misjudged the threat to public safety at Rio de Janeiro in June at the final of the Confederations Cup, a World Cup warm-up.
Friday, December 6th 2013 - 06:38 UTC
Maracana, July1950, when Uruguay silenced 200.000 Brazilian fans at the Cup's final

Pele, the only person to win three World Cups as a player, said Brazil will enter next year’s tournament with more humility than when the country last hosted soccer’s greatest event in 1950. On 16 July that year Brazil was shocked 2-1 by Uruguay in the final game at Rio de Janeiro’s Maracana stadium in what is considered as a national tragedy by some Brazilians.
Friday, December 6th 2013 - 06:30 UTC
FIFA nervous about Cup stadiums; Brazil argues brides are never on time for marriage

Brazilian government has brushed aside the importance of more delays in completing 2014 World Cup stadiums, saying that missing FIFA's deadline will not affect the country's ability to successfully host next year's tournament.