Tag: Brazil

Wednesday, June 1st 2011 - 09:02 UTC
LAN will seek another partner to expand globally if merger with Brazil’s TAM falls

Chile's LAN Airlines will seek another partner or explore other options to expand internationally if a local antitrust tribunal rules against a planned merger with Brazil's TAM, according to an interview published by leading daily El Mercurio.
Tuesday, May 31st 2011 - 08:43 UTC
Uruguay and Brazil pledge full support for Mercosur and Unasur

Uruguay and Brazil pledged Monday to continue strengthening the bilateral relation and regional integration through Mercosur and Unasur, after presidents Jose Mujica and Dilma Rousseff delegations signed fifteen cooperation agreements in Montevideo.
Tuesday, May 31st 2011 - 08:35 UTC
Lagarde pledges in Brazil to give emerging economies more clout in the IMF

French Finance Minister Christine Lagarde pledged to push reforms to give Brazil and other emerging economies more influence at the International Monetary Fund as she kicked off a worldwide tour to win support for her candidacy to lead the global lender.
Tuesday, May 31st 2011 - 08:22 UTC
Industry ministers meet in Brasilia to address Argentina/Brazil trade differences

Argentine Industry Minister, Debora Giorgi, and her Brazilian counterpart Fernando Pimentel will meet this Thursday in Brasilia in order to discuss a possible solution for the trade conflict currently affecting Brazil and Argentina
Tuesday, May 31st 2011 - 08:13 UTC
Fiat was saved from collapse by sales in Latin America admits CEO Marchionne

Fiat and Chrysler Group president Sergio Marchionne said on Monday that car sales in Latin America saved the corporation’s balance sheet last year and announced an overall increase in car sale operations in accordance with regional demand.
Tuesday, May 31st 2011 - 07:58 UTC
Hyundai Group signs agreement to build industrial lifts plant in Brazil

The first Asian factory of industrial and residential lifts in Brazil will be built in the southern state of Rio Grande do Sul, it was announced Sunday in Seoul, Korea by the Hyundai Group.
Tuesday, May 31st 2011 - 07:47 UTC
Brazil plans massive infrastructure investment in next four years

Brazil’ president of the Economic and Development Bank, BNDES, Luciano Coutinho said that the country’s investment rate in the coming four years will be equivalent to 23% of GDP, sufficient to ensure a sustained robust long term growth of Latin America’s largest economy.
Monday, May 30th 2011 - 22:46 UTC
President Rousseff’s visit to Uruguay according to the Sao Paulo media

President Dilma Rousseff’s Monday visit to Uruguay will try to ease growing concerns in South America’s smallest country political and economic circles about “Brazil-dependency” and obstacles to bilateral trade, according to reports in the Sao Paulo media previous to her departure.
Monday, May 30th 2011 - 17:14 UTC
Deep differences surface in Brazil’s Dilma Rousseff ruling coalition

Brazilian Vice-president admitted publicly “differences” inside the administration of President Dilma Rousseff following a serious, ‘high voice’ exchange he had with cabinet chief and political coordinator Antonio Palocci who in under investigation for over-night enrichment.
Monday, May 30th 2011 - 06:05 UTC
Ex Brazilian minister calls for treating Argentina gently, “not with a cannon ball”

Former Brazilian Industry and Foreign Trade Minister Miguel Jorge decided to weight in on the bilateral trade conflict currently affecting Brazil and Argentina, and surprisingly came out in defence of the Cristina Fernández de Kirchner administration, comparing President Rousseff’s move to impose non-automatic licenses on car and auto-parts imports as “firing a cannon ball.”