Tag: Brazil

• Thursday, May 10th 2012 - 19:57 UTC

  Industrial sales and employment in Brazil gradually picking up

  

  Brazil's use of installed industrial capacity fell for a second consecutive month in March, despite a continued recovery of industrial sales during the period, Brazil's National Confederation of Industries, CNI, announced.

• Thursday, May 10th 2012 - 19:52 UTC

  Brazilian strategy to lower value of its currency seems to be working

  

  Investors pulled 1 billion dollars out of Brazil last week as Euro-zone debt fears continue to spook markets and the Brazilian government shows little sign of changing its hefty intervention policies.

• Wednesday, May 9th 2012 - 08:15 UTC

  Brazil ready to boost trade with Argentina but demands “compromise” on lowering barriers

  

  The potential to treble imports from Argentina in a few years was underlined by Brazilian manufacturers but there must be a “compromise of reciprocity” to lower trade barriers since currently “we known they are higher on the Argentine side”.

• Wednesday, May 9th 2012 - 08:07 UTC

  Argentina, the outcast

  

  By Luis Felipe Lampreia (*) - The following piece is a picture of recent events in Argentina from a historic reference and enumerates the obstacles the country faces in developing its own hydrocarbons following the seizure of YPF from Spain’s Repsol

• Tuesday, May 8th 2012 - 17:17 UTC

  Brazil’s Rousseff sees in Hollande an ally to counter Merkel’s austerity policies

  

  Dilma Rousseff is interested in having French elected-president Francois Holland make an official visit to Brasilia to talk about the current world situation since the Brazilian leader believes they both share positions regarding the global crisis and austerity policies.

• Monday, May 7th 2012 - 17:28 UTC

  EU ready to cut trade benefits to Argentina because of YPF; warns the region on growing protectionism

  

  European Trade Commissioner Karel de Gucht expressed concern Monday over what he called a “growing tendency towards protectionism across Latin America” and warned Europe is preparing retaliation measures against Argentina after YPF expropriation

• Saturday, May 5th 2012 - 06:01 UTC

  Brazil received 5.4 million tourists in 2011 with Argentina providing 1.6 million

  

  Brazil received more than 5.4 million international visitors in 2011, up 5.35 from 2010, the Tourism Ministry announced Friday. The number of visitors from other South American nations rose from 2.384 million in 2010 to 2.628 million in 2011.

• Saturday, May 5th 2012 - 05:58 UTC

  FIFA concerned with the pace of preparations for the 2014 Brazil World Cup

  

  FIFA president Sepp Blatter has expressed concern about the slow pace of preparations for the 2014 World Cup in Brazil and said he wanted the delays to be made up as soon as possible.

• Friday, May 4th 2012 - 17:26 UTC

  Brazil applies radical changes to deposits policy to further cut basic interest rates

  

  Brazil will cut returns on new deposits to savings accounts, thereby paving the way for the central bank to further cut its benchmark lending rate, Finance Minister Guido Mantega announced.

• Friday, May 4th 2012 - 17:16 UTC

  Brazil committed to compete with China in Africa for resources and growing market

  

  Brazil pledged major investment and technology transfer to Africa to repay a “solidarity debt” from a country with a huge black population to the poorest but resource-rich continent.