Tag: Brazil

Tuesday, March 5th 2013 - 05:18 UTC
Brazil’s “competitiveness cliff” and commodities dependency exposed in World Bank report

Brazil is not only the biggest country in Latinamerica but also has the largest economy and expects to play a leading role in the global economy in the near future, however a report from the World Bank is not so enthusiastic and points out to a series of challenges the country must address if it wishes to effectively become a super star.
Monday, March 4th 2013 - 06:48 UTC
Brazil opens naval shipyard to build conventional submarines and eventually a nuclear powered one

Brazil advanced toward its target of joining the small club of nations that have nuclear-powered submarines with the opening of a naval shipyard installation that will build French-designed submarines.
Monday, March 4th 2013 - 05:55 UTC
Brazilian special forces take control of Rio ‘favelas’ close to the airport and seaport

Brazilian security forces seized control of two crime-ridden ‘favelas’ slums near Rio do Janeiro’s international airport and seaport Sunday in a new bid to drive out drug traffickers ahead of the 2014 World Cup and the 2016 summer Olympics.
Saturday, March 2nd 2013 - 08:12 UTC
Brazilian economy worst performance in three years; in 2012 growth was 0.9%

The Brazilian economy grew a mere 0.9% in 2012 despite government stimulus measures, its worst performance in three years, official statistics showed Friday. But prospects for the coming years are considered encouraging given the international events to be hosted by Brazil and the electoral calendar.
Friday, March 1st 2013 - 00:07 UTC
Dengue: 200.000 cases confirmed in triple frontier: Paraguay, Argentina, Brazil

Paraguay, north Argentina and Brazil are in dengue alert following the confirmation of over 200.000 cases of the mosquito transmitted viral disease so far this year. The situation is considered worst that in previous years because besides a deep rise in the confirmed cases, the circulation of the four sero-types (strains) of dengue (1, 2, 3 and 4) has been detected, which means the disease keeps expanding.
Thursday, February 28th 2013 - 23:59 UTC
Brazilian market suffers the impact of iron-ore producer Vale record loss in fourth quarter

Brazil’s Bovespa-index futures declined with the equity gauge poised for its biggest monthly drop since May, after iron-ore producer Vale SA posted a record loss in the fourth quarter.
Thursday, February 28th 2013 - 23:55 UTC
US Air Force contracts 20 Brazilian Super Tucano fighters for Afghanistan

The US Air Force has chosen Brazil’s Embraer for a 427 million dollars contract to supply light attack planes to Afghan forces, the company said Thursday, despite competition from an American bid.
Thursday, February 28th 2013 - 06:07 UTC
President Rousseff pledges to cut “Brazil cost” and keeping inflation in check

President Dilma Rousseff said on Wednesday that Brazil must cut its high business costs to become more competitive and vowed to keep inflation in check. The leader anticipated that 2013 will be a year of major infrastructure investments in roads, railways, ports and airports to try to stop bottlenecks from holding the economy back.
Tuesday, February 26th 2013 - 19:26 UTC
Sea adventure of a lifetime: crew member of a schooner along the Brazilian coast and across to South Africa

Want to run away to sea? Two incredible Dutch classic tall ships are seeking training crew for an around-the-world sailing voyage following historic trade routes on an epic adventure. Last minute Voyage Crew places are available on a historic journey to sail the old trade routes around the world and the three southern capes during March & April 2013.
Tuesday, February 26th 2013 - 10:46 UTC
Brazil: current account deficit outpacing FDI expected to continue for two months

Brazil’s current account deficit surged to a record high in January, outpacing foreign direct investment for the third straight month because of the widening trade gap according to central bank data.