Tag: Brazil

• Monday, August 22nd 2011 - 07:57 UTC

  Signs of disarray in the Brazilian ruling coalition as president attacks corruption

  

  Brazilian President Dilma Rousseff reached out to political allies to stem a growing rebellion within her coalition after the resignation of a fourth minister threatened to further tense already strained relations.

• Friday, August 19th 2011 - 00:59 UTC

  Boeing lobbies F-18 Super Hornet contract with flight simulator in Brazilian congress

  

  Boeing Co. promised a full transfer of technology to Brazil if the US-based company wins a 9 billion dollars fighter-jet bid. The president of Boeing Military Aircraft told the Brazilian Senate defense committee that Brazil would be able to fully produce the F-18 Super Hornet if it purchases the planes from Boeing.

• Thursday, August 18th 2011 - 23:58 UTC

  Historic win for wind energy in Brazilian government power auction

  

  Wind farms have come out on top in the latest round of power auctions organized by Brazil’s government. Slowly letting go of government protection to compete head-to-head with historically cheaper fossil fuel energy, the wind power sector indicated its potential strength.

• Thursday, August 18th 2011 - 22:51 UTC

  Rousseff names new Agriculture minister and respects balance in cabinet

  

  Brazilian president Dilma Rousseff named on Thursday lawmaker Mendes Ribeiro as new Minister of Agriculture. The member of Congress from the farming state of Rio Grande do Sul replaces Wagner Rossi who stepped down Wednesday following strong allegations of corruption and irregularities.

• Thursday, August 18th 2011 - 02:54 UTC

  Brazilian Agriculture minister steps down following corruption allegations

  

  Brazilian Agriculture minister Wagener Rossi resigned to his post Wednesday following revelations of irregularities in his office thus becoming the fourth minister to step down, in eight months, of President Dilma Rousseff administration.

• Wednesday, August 17th 2011 - 14:40 UTC

  Brazil JBS, world’s largest beef producer, reports losses and mounting debt

  

  Brazil's JBS SA, the world's biggest beef producer, reported a second-quarter net loss of 180.8 million Real (114 million dollars), reversing a year-ago gain as US performance suffered.

• Wednesday, August 17th 2011 - 07:45 UTC

  Brazil’s ruling coalition looses one member following corruption allegations

  

  One of the smallest parties from the Brazilian ruling coalition has stepped down with “no hard feelings” and will now adopt a ‘critical support’ attitude towards the administration of President Dilma Rousseff.

• Tuesday, August 16th 2011 - 06:30 UTC

  Takeovers’ glut and lack of cattle expose Brazilian leading meatpacker Marfrig

  

  Brazilian leading meatpacker Marfrig will not be considering takeovers until 2012, Chief Executive Marcos Molina dos Santos said on Monday after the company posted a second-quarter net loss.

• Tuesday, August 16th 2011 - 06:23 UTC

  Mozambique offers Brazilian farmers 6 million hectares to develop agriculture

  

  The Mozambique government is providing large tracts of land at a symbolic price to Brazilian farmers to produce soy, maize and cotton, Mozambique’s agriculture minister, José Pacheco told Brazilian newspaper Folha de Sao Paulo.

• Tuesday, August 16th 2011 - 06:19 UTC

  China wants to buy directly from Brazilian farmers, avoid intermediation

  

  China, the second-largest buyer of soy in the world wants an end to intermediation by US multinational companies working in the sector and plans to invest purchasing directly from farmers in Mato Grosso and another five states in Brazil, according to the Brazilian press.