Tag: Brazil

• Tuesday, March 6th 2012 - 17:27 UTC

  Brazil’s reviewing its foreign policy but South America remains the “anchor”

  

  Brazil will keep its foreign policy ‘anchor’ in South America but will review the international because of the latest global changes such as the European Union crisis and the Arab spring.

• Tuesday, March 6th 2012 - 17:06 UTC

  Brazil growth in 2011, slowest since 2003, but 2 million jobs were created

  

  The Brazilian economy last year registered its second-worst performance since 2003 as higher borrowing costs and a currency that rallied to a 12-year high led it to under-perform emerging-market peers China and India.

• Tuesday, March 6th 2012 - 05:23 UTC

  Rousseff and Merkel exchange ideas on ‘monetary tsunami’ and ‘protectionism’

  

  German Chancellor Angela Merkel replied on Monday to Brazilian president Dilma Rousseff claims that Europe is involved in a “monetary tsunami” arguing that developed countries are very concerned with Brazil’s protectionist measures.Merkel and Rousseff met at Hannover where the Brazilian president was invited to open a high technology event.

• Tuesday, March 6th 2012 - 05:06 UTC

  FIFA yields and Valcke apologizes to Brazil for his comments

  

  FIFA Secretary General Jerome Valcke apologized to Brazil on Monday after the country's government officially informed FIFA that it would no longer deal with him because of his remarks about its preparations for the 2014 World Cup.

• Monday, March 5th 2012 - 23:58 UTC

  Brazil sends letter to Blatter: no dealings with FIFA’s Valcke: he’s a bum

  

  Brazil's Sports minister says he has delivered a letter telling FIFA that it won't deal with Secretary General Jerome Valcke during the country's preparations for the 2014 World Cup.

• Monday, March 5th 2012 - 23:42 UTC

  Brazil 2011/12 soy and corn crops estimates slightly lower to 69.5m and 60.4m tons

  

  Brazil’s 2011/12 soybean and corn crops are forecasted to be slightly lower than the original February estimates according to the latest release from industry and market analyst.

• Monday, March 5th 2012 - 20:11 UTC

  Argentina trade restrictions cut Uruguayan exports by almost half in February

  

  Uruguayan exports to Argentina during the month of February plummeted 46.6% compared to the same month a year ago according to Uruguay’s Union of Exporters, which attributes the poor performance to the imports restrictions imposed by the neighbouring country.

• Friday, March 2nd 2012 - 05:55 UTC

  Brazil claims rich countries “tsunami” of cheap money triggers “currency war”

  

  Brazilian President Dilma Rousseff slammed rich nations on Thursday for unleashing a “tsunami” of cheap money that was “cannibalizing” poorer countries such as her own, forcing them to act to protect struggling local industries.

• Wednesday, February 29th 2012 - 07:36 UTC

  Uruguayan navy ousts 13 Brazilian flagged fishing vessels from sovereign waters

  

  The Uruguayan Navy and Coast Guard impeded 13 Brazilian flagged trawlers from entering sovereign waters to fish, according to an official release from the Presidency website

• Tuesday, February 28th 2012 - 05:02 UTC

  Brazil will cut the benchmark interest rate “to less than 10%” this year

  

  Brazilian central bank survey showing interest rate levels are inconsistent with the country’s inflation target won’t alter policy makers’ strategy of lowering borrowing costs further, bank President Alexandre Tombini said.