Major trading nations led by Argentina, Brazil and Russia are raising barriers to international and threatening the global economic recovery, the European Union's executive arm said on Wednesday.
The Brazilian dictatorship mediated before London in 1982 to have Navy Captain and notorious repressor Alfredo Astiz, repatriated to Argentina from Britain, where he had been flown after he surrendered the South Georgia garrison to the British Task Force.
The Secretary General of Ibero-America Enrique Iglesias praised the “courage” displayed by Brazilian president Dilma Rousseff who has been challenged by serious corruption allegations involving members of her cabinet.
President Dilma Rousseff said Monday that her administration plans to invest 30 billion Reais (17 billion dollars) in urban transportation projects across Brazil.
Brazil could experience a flight of capital should the European sovereign-debt crisis worsen, and the country may use interest rates and US dollar reserves to combat contagion, an International Monetary Fund director said.
Brazil’s largest circulation magazine Veja, claimed in its last edition that the Sports Minister Orlando Silva has been involved in corruption actions totalling millions of dollars originally destined to promote sports among children from poor households.
BHP Billiton , the world's biggest miner, is close to launching a £2-billion-pound bid for Brazilian iron ore miner Ferrous Resources, the Sunday Times reported. The newspaper, without citing sources, said talks between BHP and Ferrous Resources started earlier this year and had stepped up in recent weeks.
Operators interested in running Brazil's largest airport will be required to make a minimum bid of 1.3 billion dollars, Brazil's aviation authority said on Thursday.
President Dilma Rousseff revealed Monday that in the last four months Brazilian forces in the framework of the ‘Strategic Frontiers Plan’ had seized over 62 tons of drugs and 650 kilos of arms and explosives.
Brazil is reinforcing its diplomacy’s legal and trade departments in anticipation of a major impact from a possible global situation and in this context “Mercosur is a priority, almost a sanctuary” announced Monday the Foreign Affaire ministry.