Brazilian President Dilma Rousseff, following recovery from the bronchial pneumonia she was diagnosed in late April, currently enjoys good health, the president’s doctors said in a report released at her request.
Brazilian president Dilma Rousseff arrives Monday in Uruguay, the third country she will be visiting after China and Argentina, since taking office last January first. The two countries are founding full members of Mercosur and Brazil is Uruguay’s main trade partner.
The two leading candidates for the position of IMF Managing director will be visiting Brazil next week. French Finance Minister Christine Lagarde plans to travel to Brasilia on Monday to seek support for her candidacy, the French embassy said Friday.
Robert da Fonseca, director of the Sao Paolo Industry Federation, FIESP admitted on Friday that Brazilian businessmen are “worried” with the commercial conflict that Argentina and Brazil face.
Brazil will respond to the requests from industry and unions to reduce taxes to help boost local manufacturing and thus cut into the growing impetus of imports, promised Vice-President Michel Temer during a seminar sponsored by the powerful São Paulo Federation of Industries, FIESP, together with the two main organized labour unions.
Origen Private Equity Ltd., a boutique investment firm headquartered in London, is launching in June what is set to be the first impact investment fund developing low-cost housing in north-east Brazil in conjunction with the Brazilian government's Minha Casa Minha Vida programme.
The Brazilian Government announced that it is considering additional import restrictions on top of the ones already applied to vehicles, as a measure to defend their national industry.
Brazilian Industry Secretary Alessandro Teixeira said on Wednesday that no progress has been made so far regarding the trade impasse over Brazil’s import delays for Argentine cars and auto parts, but denied any crisis with Argentina since negotiations are on-going.
Brazil’s Vale Doce, the world’s biggest iron-ore producer, said it will invest 2.9 billion US dollars to increase the capacity of the Ponta da Madeira terminal in northern Brazil, making it the largest port in the country by volume.
Uruguay is the most peaceful country in Latin America followed by Costa Rica and Chile according to the latest edition of the Global Peace reported released Wednesday by the Institute for Economy and Peace.