Brazilian Central bank President Alexandre Tombini said in an interview with the local Valor Economico newspaper that Europe's expected difficulty in implementing a rescue package and slowing global growth are likely to justify the bank's recent surprise cut to interest rates.
United States shares staged a late recovery on Monday to post only their second positive close of the month. Earlier, European and Asian markets fell on fears that Greece may default. In Latin America results were much in line with the US.
Brazilian President Dilma Rousseff said that the lymphatic cancer she was diagnosed in 2009 has been ‘solved’ and she enjoys ‘good health’. The president’s health is a recurrent concern in Brazil.
Brazil latest harvest (2010/2011) should reach 162.9 million tons of grains and oilseeds establishing a new record according to the latest release by the National Supplies Company, Conab.
US ambassador in Brazil Thomas Shannon said the country suffered from “extended corruption” according to a diplomatic cable a year and a half ago referred to former president Lula da Silva administration and which was recently released by Wikileaks.
Brazil’s Embraer, the world’s fourth-biggest aircraft maker, announced Thursday an agreement with Israel’s Elbit Systems to develop and produce unmanned drones in the country.
The Brazilian government took distance from the ruling Workers Party demand for an urgent implementation of a controversial media bill, arguing the issue was not urgent.
Brazil's Defense minister said on Thursday that Haiti's peacekeeping force of 12,000 soldiers and police, known as MINUSTAH, will begin a gradual withdrawal aimed at turning security over to the Haitians, but not imperiling the stability achieved.
Thousands of people have joined anti-corruption demonstrations in Brazil, as the country marked on Wednesday its Independence Day. Wearing face paint and clown noses, protesters joined crowds watching the traditional military parade in the capital, Brasilia. Similar protests were held in other cities across Brazil.
As Brazilians celebrate Wednesday September 7, Independence Day – a national holiday – Brazilian forces are engaged in trying to regain control of one of Brazil’s largest favelas.