Tag: Brazil

• Tuesday, February 28th 2012 - 01:58 UTC

  Mercosur/Gulf states closer to trade agreement but leaving petrochemicals for later

  

  Brazil is eager to finalize a free trade agreement between the GCC (Gulf Cooperation Council) and the Mercosur bloc but believes the petrochemicals sector will be exempted until further study after the signing, said Brazilian Trade and Industry Minister Fernando Pimentel.

• Monday, February 27th 2012 - 19:56 UTC

  Repsol-Sinopec makes huge oil discovery off-shore Brazil: 250m boe

  

  Spain's Repsol and China's Sinopec have made an oil discovery offshore Brazil that could be one of the biggest so far in the area and that boosted confidence that across in Africa, Angola's deepwater reserves may be abundant too.

• Monday, February 27th 2012 - 04:29 UTC

  Blaze destroys Brazilian Antarctic base; two dead when generator room exploded

  

  A fire broke out at Brazil's research station in Antarctica on Saturday, killing two navy personnel and forcing the evacuation by helicopter of about 40 other people, the government said.

• Friday, February 24th 2012 - 20:38 UTC

  Uruguay admits textile exports could be infringing Brazil’s antidumping rules

  

  Uruguay’s Minister of Industry and Energy Roberto Kreimerman admitted that Brazil suspended the access of textiles from Uruguay alleging that they were essentially Chinese cloth rolls with minimum input but stamped as Uruguayan manufactured and dispatched to Brazil.

• Friday, February 24th 2012 - 07:30 UTC

  Brazil highways’ maintenance to the private sector on 10 year contracts

  

  After selling concessions for the expansion and operation of three major airports and a highway earlier in 2012, Brazil is preparing a plan to sell 10-year highway maintenance contracts without tolls, a newspaper said on Thursday.

• Wednesday, February 22nd 2012 - 01:15 UTC

  Double medical check for MSC Armonia passengers and crew in Montevideo

  

  Passengers and crew from the Italian cruise vessel MSC Armonia had to undergo a medical check-up when they docked in Montevideo Tuesday morning following the death of a member of the crew who is believed to have caught a type of flu virus.

• Tuesday, February 21st 2012 - 06:38 UTC

  Brazilian banks increase reserves fearing a consumers’ credit bubble

  

  Brazilian banks have increased their reserves by 21% to the equivalent of 67.3 billion dollars fearing a possible moratorium while consumers are facing growing problems to address payments, according to the Sunday edition of Correio Braziliense

• Tuesday, February 21st 2012 - 04:36 UTC

  Rousseff promises fiscal and credit stimuli to promote exports and innovation

  

  Brazilian president Dilma Rousseff said the government will implement fiscal and credit access measures to stimulate production and exports with the purpose of gaining competitiveness in a global context of crisis.

• Friday, February 17th 2012 - 01:22 UTC

  Rousseff names controversial pro-abortion minister for Women’s affairs

  

  Recently inaugurated Minister for Women policies Eleonora Menicucci has raised eyebrows in chauvinistic Brazil after having publicly admitted to two abortions and bi-sexual experiences

• Thursday, February 16th 2012 - 07:22 UTC

  Brazil cuts 2012 spending to meet budget surplus and allow interest rates to fall

  

  Brazil will cut 55 billion Reais (32 billion dollars) from this year’s budget to allow interest rates to fall, while increasing investment to boost growth in the world’s second-biggest emerging market.