President Dilma Rousseff still has trouble chewing, after her jaw was dislocated during three years of torture and imprisonment under Brazil's former military leadership, it was revealed this week.
Brazil and Argentina agreed on Monday “to oppose any financial adjustment plan” and sponsor development and growth policies to face the world crisis, in the framework of the two-day G20 summit taking place in Mexico.
Brazil's state-led oil company Petrobras is likely to struggle to find the cash to pay the recently announced world's largest corporate investment program. The country needs money to pay hundreds of ships and dozens of oil fields, drill-rigs and platforms it wants in order to catapult Brazil into the ranks of the world's top-four oil producers by 2020.
The Brazilian economy contracted in April for the first time on an annual basis since September 2009, reinforcing economists’ expectations that Latin America’s largest economy will slow for a second consecutive year.
Brazilian former president Lula da Silva was hospitalized Wednesday night for a check up and to remove a catheter at Sao Paulo’s state of the art Sirio-Libanes Hospital, reported medical sources.
Brazilian beef processor JBS SA is reportedly planning to lease four slaughterhouses in Brazil, three of which may be in the cattle-rich state of Mato Grosso, according to Brazilian news outlets Wednesday citing anonymous sources.
India has invited companies from Brazil to invest in the country’s national infrastructure, manufacturing in Special Economic Zones and the food processing sector.
Anticipating further global market turmoil and ahead of October municipal elections, the Brazilian government will be announcing measures to prod the economy with direct support for states, cities and reversing corporate tax hikes, involving at least 25 billion Reais equivalent to 12 billion dollars.
Shell subsidiary that makes bio-diesel in Brazil has dropped controversial plans to buy sugar cane grown on land taken from indigenous people, according to Survival International.
The amount of additional money Brazil plans to contribute to the IMF will depend on commitments to bolster the influence of emerging-market nations at the global lender, a senior Brazilian government official said on Tuesday.