Tag: Brazil

• Sunday, November 27th 2011 - 02:06 UTC

  Brazil’s Labour minister closer to the brink on further corruption accusations

  

  Brazil’s Labour minister Carlos Luppi is again under a barrage of accusations from the Sao Paulo press which could definitively make him the sixth toppled cabinet member in less than a year from the government of President Dilma Rousseff on charges of corruption.

• Sunday, November 27th 2011 - 02:02 UTC

  Brazil’s Teixeira targeting to succeed FIFA’s Blatter in 2015, claims local media

  

  The Brazilian media is full of speculation that the current president of the country’s Football Federation, (CBF) Ricardo Teixeira has started to play his cards with the ultimate goal of becoming FIFA chief in 2015,

• Thursday, November 24th 2011 - 22:57 UTC

  Mercosur calls on Doha Round for an end of all farm export incentives by 2013

  

  Agriculture ministers from Mercosur full members plus Chile and Bolivia, as members of the Agriculture Council of the South, CAS, urged a quick conclusion of the World Trade Organization Doha Round negotiations to help combat poverty and ensure food security.

• Thursday, November 24th 2011 - 14:50 UTC

  Brazil prepared to lower rates to prop the economy, said President Rousseff

  

  Markets expect Brazilian policy makers will accelerate the pace of interest rate cuts after President Dilma Rousseff said at an event in Brasilia on Wednesday that the country can and is prepared “to use monetary policy” to combat the effects of Europe’s debt crisis.

• Wednesday, November 23rd 2011 - 23:04 UTC

  Brazil suspends Chevron drilling rights until it clarifies the recent oil spill

  

  Brazil's National Oil Regulator (ANP) said on Wednesday that it is suspending the drilling rights of US oil major Chevron in national territory until it clarifies conditions of the recent oil spill in its Frade field.

• Wednesday, November 23rd 2011 - 20:37 UTC

  Brazil expects a flat third quarter but a strong recovery by end of the year

  

  The performance of the Brazilian economy during the third quarter “could very well be flat” according to Nelson Barbosa the second most important man behind Guido Mantega in the Finance ministry.

• Wednesday, November 23rd 2011 - 20:23 UTC

  Weaker currency helps Brazil recover strong trade surplus

  

  Brazil posted a trade surplus of 2.355 billion dollars in October, beating forecasts for a third straight month, outpacing imports in the final days of the month following a recovery in global commodities prices.

• Wednesday, November 23rd 2011 - 20:07 UTC

  Brazil’s Marfrig deeper in the red but beef division manages turnaround

  

  A slump the Brazilian currency Real landed Marfrig deeper in the red despite an improved operating result, lifted by takeovers and better tailoring its beef operations to a shortage of cattle.

• Wednesday, November 23rd 2011 - 06:25 UTC

  Head of Spain’s main banking group meets with Brazilian president

  

  The president of Spain’s banking group Santander Emilio Botin described Brazil as “a very interesting market for Spain” following a meeting with Brazilian president Dilma Rousseff.

• Tuesday, November 22nd 2011 - 22:00 UTC

  Brazil makes official support for Uruguay in ‘fiscal haven’ controversy with G20

  

  Brazil’s Foreign Affairs minister Antonio Patriota said Brasilia supports Uruguay in its controversy with France following President Nicholas Sarkozy claim, at the recent G20 summit, that Uruguay was a ‘fiscal haven’.