Tag: Brazil

• Monday, June 6th 2011 - 06:56 UTC

  On Monday Customs delayed back-log of Argentina made-cars should be in Brazil

  

  Argentina and Brazil seem to be again on the path of normalizing bilateral trade following the mid May spat that triggered a round of technical exchanges in Buenos Aires and a final meeting at ministerial level in Brasilia. On Monday, allegedly all the Argentine cars delayed in the border will have been cleared into Brazil.

• Monday, June 6th 2011 - 06:09 UTC

  Rousseff and ‘godfather’ Lula da Silva meet to decide on the Palocci crisis

  

  Brazilian President Dilma Rousseff was expected to consult her predecessor Lula da Silva before deciding whether to dismiss Cabinet Chief Antonio Palocci, who has come under scrutiny for consulting fees he earned while managing Rousseff’s election campaign, according to the Sao Paulo press.

• Friday, June 3rd 2011 - 23:29 UTC

  Brazil expanded at an annualized 5% in first quarter, will grow “modestly” in 2Q

  

  Brazil's first quarter GDP grew 1.3% compared to the previous quarter – an annualized rate of over 5% – and 4.2% against the first quarter of 2010 revealed on Friday the Brazilian government.

• Friday, June 3rd 2011 - 12:43 UTC

  Hyundai plans to produce 150.00 vehicles at its first plant in Brazil

  

  Hyundai Motor Company, South Korea’s largest automaker is constructing its seventh overseas plant in Piracicaba, Sao Paulo state, Brazil to actively respond to soaring demand in one of the world’s fastest growing markets and to bring its manufacturing presence in so-called BRIC countries full circle.

• Friday, June 3rd 2011 - 07:53 UTC

  Korean group plans shipyard in south Brazil to cater “Malvinas” fishing fleet

  

  The Korean fishing group Insung signed this week an letter of intent with a Brazilian consortium for the construction of a ship yard in the Rio Grande/Pelotas area , state of Rio Grande do Sul, which could cater to the Korean fishing vessels operating in the “Falklands/Malvinas” area.

• Friday, June 3rd 2011 - 02:02 UTC

  Argentina and Brazil agree on terms to unlock the bilateral trade conflict

  

  Argentina and Brazil agreed Thursday to abide by the 60-day retention period applied to products affected by non automatic tariff trade barriers and accelerate trade in the agricultural sector with the purpose of overcoming the conflict that erupted mid May and had virtually frozen bilateral operations.

• Thursday, June 2nd 2011 - 09:36 UTC

  Argentina’s second biggest soybean producer expands in Brazil; plans shares sale

  

  Argentina’s second- biggest soybean producer Los Grobo, plans to transfer some assets to a new company and sell shares of the business in an initial public offering in Brazil.

• Thursday, June 2nd 2011 - 08:57 UTC

  Rolls Royse joins Brazil’s new oil rush with plant for offshore rigs energy modules

  

  Relying on the expected growth of the oil and gas industry in Brazil and the influx of new rigs and floating production, storage and offloading, FPSO, in the Brazilian offshore market, British manufacturer, Rolls Royse is set to make a 60 million US dollars investment in a new plant to build energy modules for offshore rigs.

• Thursday, June 2nd 2011 - 04:15 UTC

  Brazil gives definitive approval to world’s third largest hydroelectric dam project

  

  Brazil's environment agency gave its definitive approval Wednesday for construction of the Belo Monte hydroelectric dam, a controversial 17 billion US dollars project in the Amazon that has drawn criticism from native Indians and conservationists.

• Wednesday, June 1st 2011 - 17:37 UTC

  Brazil lawmakers comply with formality of approving Unasur charter

  

  Brazil’s Lower House passed on Tuesday the charter-treaty marking the foundation of the Union of South American Nations, Unasur, and the half approved bill now goes to consideration of the Senate.