Tag: Brazil

Monday, October 21st 2013 - 07:39 UTC
Brazil's development bank to target infrastructure and less on corporations

Brazil will inject less money next year into the country's development bank BNDES, (National economic and social development bank), its leading source of long-term corporate loans, to focus more on infrastructure financing as concerns mount over public debt.
Monday, October 21st 2013 - 05:30 UTC
Brazil confident Paraguay will be returning to Mercosur before the end of the year

Brazil trusts Paraguay will fully return to Mercosur before the end of the year, said Brazil's Executive foreign policy advisor Marco Aurelio Garcia in a Sunday edition interview with the influential Folha de Sao Paulo.
Monday, October 21st 2013 - 05:25 UTC
Brazil will not return Bolivian Senator who is wanted by the government of President Morales

Brazil will not return opposition Senator Roger Pinto to Bolivia, who last August fled the country with the help from Brazilian diplomats, said President Dilma Rousseff advisor on foreign affairs Marco Aurelio Garcia.
Saturday, October 19th 2013 - 15:40 UTC
Fire ravages Brazil’s main sugar terminal paralyzing operations and boosting prices to a year high

A fire in Santos ravaged Copersucar's sugar terminal in Brazil, paralyzing operations of the world's biggest sugar trader and putting 10 million tons of export capacity offline for six months or more.
Thursday, October 17th 2013 - 21:09 UTC
New highway in clogged-Brazil opens more possibilities for grain exports

A highway, decades in the making, will finally open in Brazil offering a shortcut through the Amazon jungle to north-eastern waterways for the growing corn and soybean trade. The BR-163 highway connecting Mato Grosso state's soy belt to two key river ports will boost grain exports by some 3 million tons next year, offering a bit of relief to congested ports in the southeast, where most shipments originate.
Thursday, October 17th 2013 - 20:12 UTC
Russia making inroads as defence and technology supplier to Brazil

Brazil is pushing ahead with a planned one billion dollars purchase of anti-aircraft missile batteries from Russia in a deal that will cement a strategic defence partnership between the two BRICS nations, the Brazilian Defence Ministry said.
Thursday, October 17th 2013 - 05:43 UTC
Brazil’s Sports minister to step down six months before World Cup starts

Just six months before his country hosts the World Cup, Brazil Sports Minister Aldo Rebelo said Wednesday he is stepping down to stand as Sao Paulo state governor. December sees a FIFA deadline for all 12 World Cup venues to be ready amid lingering doubts that the giant country can revamp sagging infrastructure in time.
Wednesday, October 16th 2013 - 14:02 UTC
Brazil to begin using encrypted email service to avoid cyber spying

Brazilian officials say that all government employees will start using an encrypted email service in an effort to stop foreign spies from intercepting emails. But experts question the ability of Brazil to protect its government emails from the eyes of the U.S. National Security Agency.
Wednesday, October 16th 2013 - 08:14 UTC
Clashes with police in Brazil’s main cities in support of striking teachers

Protesters have clashed with the police in Brazil's largest cities, Rio de Janeiro and Sao Paulo, after marches in support of striking teachers. Soon after a peaceful march by more than 5,000 people ended in Rio, a much smaller masked group attacked shops, set fire to a police car and threw petrol bombs.
Tuesday, October 15th 2013 - 23:16 UTC
Lula wishes CFK a full recovery and underlines close relationship between Brazil and Argentina

Former Brazilian president Lula da Silva wished a “full recovery” to Argentine President Cristina Fernández who underwent surgery last week for a head blood clot, and highlighted the close relationship between the two countries: “the last ten years have been the best period in our shared history.”