Tag: Brazil

• Tuesday, July 3rd 2012 - 18:46 UTC

  Bank of China expands in Brazil following 30bn dollars swap agreement

  

  Bank of China plans to cash in on the expanding bilateral trade between China and Brazil and the recent currency swap agreement between the two central banks.

• Tuesday, July 3rd 2012 - 18:32 UTC

  Astori describes Mercosur latest decisions as “aggression and major institutional blows”

  

  “It’s a major institutional blow, maybe the most serious in the 21 years of Mercosur” said Uruguayan Vice president Danilo Astori in direct reference to the group’s decision to incorporate Venezuela with the approval of Argentina, Brazil and Uruguay and the absence of Paraguay.

• Tuesday, July 3rd 2012 - 06:31 UTC

  Argentina and Brazil deny Uruguay and insist the decision on Venezuela was unanimous

  

  Argentina underlined late Monday that the decision on the incorporation of Venezuela as full member of Mercosur was “unanimously” supported by the presidents from Argentina, Brazil and Uruguay during the group’s summit last Friday hosted by President Cristina Fernandez.

• Tuesday, July 3rd 2012 - 06:14 UTC

  Brazilian opposition blasts Rousseff for the management of Paraguayan situation

  

  The leading member from Brazil’s main opposition political party described Uruguay’s claim that consensus was absent in the Mercosur decision to suspend Paraguay and to incorporate Venezuela as “extremely serious” and complained Mercosur has become a merely “ideological” grouping.

• Tuesday, July 3rd 2012 - 02:55 UTC

  Brazil considering more export-boost measures to counter declining trade surplus

  

  Brazil's government is studying measures to boost the country's exports in the face of a still-difficult global trade environment, Deputy Trade Minister Allessandro Teixeira said on Monday.

• Tuesday, July 3rd 2012 - 00:55 UTC

  Brazil and Argentina to benefit most from Venezuela’s Mercosur incorporation

  

  The formal incorporation of Venezuela to Mercosur next July will benefit mainly Brazil and Argentina since they could considerably increase their exports to the oil-rich country at the expense of the local production sector weakened by the economic policies from the administration of President Hugo Chavez, according to analysts.

• Monday, July 2nd 2012 - 23:42 UTC

  Uruguay says it was Brazil that forced the incorporation to Mercosur of Venezuela

  

  The Uruguayan government revealed on Monday its disagreement with the way Venezuela’s incorporation to Mercosur was decided last Friday at the summit held in Mendoza, Argentina, and said “it was not the last word” since the process must be reviewed from a juridical point of view.

• Monday, July 2nd 2012 - 05:53 UTC

  Rio do Janeiro and its spectacular landscape declared world heritage site

  

  Rio do Janeiro's iconic landscape, marked by soaring granite facades that drop into the ocean and white-sand beaches that go on for miles, is now an official world heritage site.

• Monday, July 2nd 2012 - 05:38 UTC

  Brazil extends cut breaks on home appliances to help boost consumption

  

  Brazilian government extended domestic tax breaks on home appliances and furniture, emphasizing efforts to help ailing Brazilian industries.

• Monday, July 2nd 2012 - 05:32 UTC

  Catholic Church rapidly loosing ground to evangelists in Brazil

  

  Less than two-thirds of Brazilians identify as Catholics, marking a record decline in what is considered to be the world's largest Catholic country, new figures showed Friday.