Tag: Brazil

Tuesday, April 10th 2012 - 23:17 UTC
Brazil deepens technology cooperation with Massachusetts Institute of Technology

Brazil's President Dilma Rousseff on Tuesday launched an initiative to deepen ties with the prestigious Massachusetts Institute of Technology (MIT). After meeting Monday at the White House with President Barack Obama, Rousseff continued her short visit to the United States with meetings in the Boston area where MIT is based.
Tuesday, April 10th 2012 - 23:10 UTC
US confirms poor soy crops in Argentina and Brazil; prices soar to 2008 levels

Drought in major soybean producers Brazil and Argentina cut their production more deeply than expected the US government said on Tuesday in a report that drove prices to near their highest since 2008.
Tuesday, April 10th 2012 - 16:30 UTC
Brazil targets a dollar floor of 1.80 Reais and questions private banks attitude

Having a floor of 1.80 Real to the US dollar is no great thing, but it is a target to sustain said Brazil Development, Industry and Foreign Trade minister Fernando Pimentel referring to the latest announcements to promote Brazilian industry battered by a strong currency and massive inflow of ‘cheap’ imports.
Tuesday, April 10th 2012 - 07:10 UTC
Rousseff complains about US expansionist monetary policy during meeting with Obama

Brazilian president Dilma Rousseff complained about US monetary policy and expressed concern that sanctions against Iran could backfire in a meeting with President Barack Obama on Monday, highlighting strains between the continent’s biggest economies.
Tuesday, April 10th 2012 - 05:36 UTC
Mexico presidential front runner wants PEMEX to emulate success of Petrobras

Mexico’s presidential front-runner wants state oil monopoly Petroleos Mexicanos (Pemex) to emulate the success of Brazil’s Petrobras and ramp up private-sector involvement that could possibly pave the way for a stock listing in the future.
Tuesday, April 10th 2012 - 05:32 UTC
US and Brazil plan to exchange toasts with cachaça and Tennessee whiskey

US and Brazil plan to boost trade and cooperation in their respective national drinks, cachaça (distilled sugar cane liquor used to make caipirihna cocktails, and Tennessee whisky. The letter of intent was signed Monday by US Trade Representative Ron Kirk and Brazil’s Trade Minister Fernando Pimentel.
Monday, April 9th 2012 - 05:52 UTC
Brazilian president expected to emphasize on trade, investments and technology

In spite of disagreements in several issues, President Dilma Rousseff during her meeting on Monday at the White House with her peer Barack Obama is expected to insist on the need to join efforts in combating the world economic crisis and particularly monetary instability originated in the manipulation of foreign currency exchanges, which the Brazilian describe as a “monetary tsunami”.
Monday, April 9th 2012 - 05:21 UTC
Automakers research and innovation must move to Brazil, ‘we have the market’ says Pimentel

Brazil has no plans to offer further incentives for automakers, but the government does not rule out taking steps to boost the competitiveness of other industries, Trade and Industry Minister Fernando Pimentel said in an interview published on Sunday.
Thursday, April 5th 2012 - 23:13 UTC
Brazilian president popularity at its highest since taking office

Brazilian President Dilma Rousseff's popularity is at its highest level since taking office, buoyed by her handling of an economic slowdown and tough stance against corruption, a poll showed this week.
Thursday, April 5th 2012 - 15:45 UTC
Argentina picks a fight with Brazil oil giant Petrobras and revokes oil concession

Brazilian oil giant Petrobras assured that it has complied with all terms of its Argentine Patagonia Neuquén province oil exploitation contract, following provincial governor Jorge Sapag's announcement of the termination of the concession contract in Veta Escondida area.