Tag: Brazil

• Thursday, June 6th 2013 - 22:25 UTC

  Brazilian industry demands Mercosur looks for new markets or will end ‘isolated’

  

  The powerful Brazilian National Confederation of Industry, CNI said that the country and its Mercosur partners will end ‘isolated’ if they don’t actively look for alternative trade accords, as is being done by other Latam countries.

• Thursday, June 6th 2013 - 06:06 UTC

  Brazil signs bill expanding private sector participation in the clogged ports

  

  Brazilian President Dilma Rousseff signed into law on Wednesday new regulations to make its ports more efficient and attract up to 12 billion dollars in investments as the country finally begins to tackle logistics bottlenecks hampering vast farm exports.

• Wednesday, June 5th 2013 - 22:06 UTC

  Brazil boosts agriculture budget by 18% to speed expansion of storage capacity

  

  The Brazilian government announced that it is increasing the farm budget, including funds for subsidized loans by 18% to 136 billion Reais (approx 68 billion-dollars) mainly for improving the country’s insufficient storage capacity and new silos.

• Wednesday, June 5th 2013 - 21:08 UTC

  Russia temporary bans beef and poultry imports from three Brazil Marfrig plants

  

  The Russian veterinary and phytosanitary service, Rosselkhoznadzor, temporarily suspended imports from two Brazilian beef slaughterhouses and one poultry processing facility on May 17, citing detection of listeria in shipments, according to processors involved.

• Wednesday, June 5th 2013 - 17:49 UTC

  Uruguay ‘can’t ignore (Mercosur) reality’ and is applying for full Pacific Alliance membership

  

  Vice-president and acting president Danilo Astori strongly defended the Uruguayan government’s intention of joining the Pacific Alliance, next to Chile, Colombia, Peru and Mexico, claiming that Mercosur has fallen into a state of ‘inactivity’ but also rejected point blank statements from Brazilian diplomacy contrary to such a move.

• Wednesday, June 5th 2013 - 08:16 UTC

  Fearing lesser global liquidity, Brazil eliminates tax on foreign capital inflows

  

  Brazil will scrap a tax on foreign investments in local debt, a surprise move that could help stop a sharp depreciation of the country's currency which lost 7.6% in the past three months and that threatens to stoke already high inflation in Latin America's largest economy.

• Wednesday, June 5th 2013 - 07:46 UTC

  Brazil indigenous peoples clash with farmers and dams builders: demand respect for ancestral lands

  

  Lawmakers from the Brazilian farm state of Mato Grosso do Sul asked President Dilma Rousseff's government to send troops to end land invasions by Indigenous people claiming their ancestral territory.

• Tuesday, June 4th 2013 - 05:05 UTC

  Brazil provides billions to fund renewable-power and bio-fuel technology

  

  Brazil will pour 6.1 billion Reais (2.85 billion dollar) to fund renewable-power and bio-fuel technology research, accelerating its efforts to modernize its energy industry and shift away from a commodity-export based economy.

• Tuesday, June 4th 2013 - 04:56 UTC

  Brazil shields borders with state of the art scanners and drones, ahead of major global events

  

  Brazilian President Dilma Rousseff announced this week plans to strengthen the fight against cross-border organized crime by equipping state and local governments with high-tech scanners and surveillance equipment.

• Monday, June 3rd 2013 - 17:43 UTC

  Millions turn out in Sao Paulo in support of Gay Pride Parade

  

  Millions gathered on Sunday in Sao Paulo, Brazil to take part in one of the largest parades in the world. According to the organizers, 3.5 million people attended the parade and the festivities that followed.