Tag: Brazil

• Thursday, December 15th 2011 - 15:42 UTC

  Brazil ‘disappointed’ with Paraguay Senate attitude towards Venezuela and Mercosur

  

  Brazil’s International Affairs presidential advisor Marco Aurelio García admitted there is “disappointment” in Mercosur with the delay from the Paraguayan congress in approving the incorporation of Venezuela.

• Thursday, December 15th 2011 - 15:37 UTC

  Brazil decides full support for the (development) Bank of the South

  

  The administration of President Dilma Rousseff will be sending the bill creating the Bank of the South to congress next month, since this financial institution “will help the region address the global crisis”.

• Thursday, December 15th 2011 - 15:32 UTC

  Lan-Tam clears Brazil antitrust regulator, becomes world’ second largest carrier

  

  Chile Lan Airlines planned 3.2 billion dollars acquisition of Tam SA was approved by Brazil’s antitrust regulator, clearing the final regulatory hurdle for the formation of the world’s second-largest carrier.

• Thursday, December 15th 2011 - 00:45 UTC

  Hong Kong world’s most developed financial market; Brazil in Latam

  

  Hong Kong became the world’s most developed financial market, overtaking the US and the UK for the first time, according to the Financial Development Report 2011 published by the World Economic Forum (WEF) on Wednesday.

• Wednesday, December 14th 2011 - 18:05 UTC

  China questions safety of Brazil’s dry bulk carriers, the world’s largest

  

  China should be in no rush to allow Brazil’s new Valemax ships, the world's largest dry bulk carriers, into its ports, as they have not been thoroughly tested and any oil leak from one could be catastrophic, an influential Chinese industry group warned on Tuesday.

• Wednesday, December 14th 2011 - 05:02 UTC

  Brazilian bus manufacturer expands into the Australian market

  

  Brazil’s Marco Polo one of the world’s largest manufacturers announced on Tuesday it had purchased a 75% stake in the Volgren Australia bus building industry an operation involving 53 million dollars.

• Wednesday, December 14th 2011 - 03:50 UTC

  Brazil sending overseas 100.000 graduates on scholarships to the best universities

  

  Brazilian President Dilma Rousseff announced the country would invest 2 billion dollars in a scholarship program to send overseas to the best world universities, 100.000 graduates.

• Wednesday, December 14th 2011 - 03:45 UTC

  Brazil’s development bank helping finance wind energy farms

  

  Brazil’s development bank, Banco Nacional de Desenvolvimento Economico e Social, BNDES, will provide 1.8 billion Reais (966 million dollars) to finance wind farms as the renewable energy source dominates government auctions for new power capacity.

• Monday, December 12th 2011 - 21:39 UTC

  Monument to Brazilian general triggers controversy with human rights groups

  

  The Order of Brazilian Lawyers, OAB, considers the building of a monument to the memory of General Golbery do Couto e Silva, considered the most important mind behind the military dictatorship (1964/1985) as an “unnecessary provocation” which involves “some military officers” in disagreement with the Truth Commission.

• Monday, December 12th 2011 - 19:26 UTC

  Economists downgrade Brazil’s growth estimates for this year and 2012

  

  Brazilian bank economists cut the country’s growth estimate for this year to below 3%, (2.97%) according to a last week survey by the Central bank of over one hundred institutions and which was released Monday.