Tag: Brazil

Tuesday, August 9th 2011 - 07:50 UTC
The crisis in advanced countries “was never over, it’s chronic’ warns Brazilian minister

Brazil’s Finance Minister Guido Mantega admitted Monday that if the international crisis in the EU and US markets persists, Brazil would have to lower its growth estimate.
Tuesday, August 9th 2011 - 07:26 UTC
Canada-Brazil CEO forum to consider trade agreement with Mercosur

Visiting Canadian Primer Minister Stephen Harper and Brazilian President Dilma Rousseff signed on Monday several agreements on air travel, pension benefits, international aid and other areas at the Planalto Executive palace in Brasilia.
Monday, August 8th 2011 - 20:06 UTC
Brazil, ‘world’s fifth largest economy’ is ready to face the crisis, says Rousseff

Brazilian President Dilma Rouseff on Monday the country is ready to face the world’s economic crisis and reiterated Brazil’s prognosis as the world’s fifth economy.
Monday, August 8th 2011 - 04:54 UTC
Brazilian military warn incoming Defence minister forces are ‘non political, non partisan’

A Brazilian retired general and former commander of UN forces in Haiti warned the new Defence minister Celso Amorim to avoid giving the Armed Forces command a ‘left-wing ideological imprint’.
Monday, August 8th 2011 - 04:37 UTC
Brazilean President Rousseff looses another top official to corruption

The Brazilian congressional opposition promised to block legislative work in both Houses until the government accepts the creation of a Special Investigation Commission, CPI, to look into alleged corruption practices in several ministries from the administration of President Dilma Rousseff.
Monday, August 8th 2011 - 04:33 UTC
Brazil remains faithful to the dollar and has no plans to sell US Treasuries

Brazil has no plans to sell US Treasuries or change its foreign currency reserves holdings as a result of Standard & Poor’s downgrade of the US’s credit rating, a government official said.
Saturday, August 6th 2011 - 08:29 UTC
Soft loans for Brazilian suppliers of the oil and gas industry

Brazil’s state-owned BNDES development bank said it planned to provide about 2.55 billion dollars in financing over the next four years to suppliers to the country’s oil and gas industry.
Saturday, August 6th 2011 - 08:26 UTC
Germany’s BMW planning assembly plant in Brazil to cater Mercosur luxury car demand

German automaker BMW said this week it would probably build its first assembly plant in Brazil after strong demand for luxury cars generated stellar earnings for the global leader.
Friday, August 5th 2011 - 07:54 UTC
Celso Amorim Brazil’s new Defence minister; Jobim out on derogatory remarks

Brazilian Defence Minister Nelson Jobim resigned after criticizing recent government names to reporters and will be replaced by ex-foreign minister Celso Amorim, the president's office said Thursday.
Thursday, August 4th 2011 - 06:39 UTC
Brazil to request additional exceptions from Mercosur common external tariff

Brazil will request at least 100 additional exceptions from Mercosur common external tariff, TEC, as part of the program to prop local industry that was announced earlier this week and includes tax relief to the tune of 16 billion dollars.