Tag: Brazil

Saturday, May 21st 2011 - 09:06 UTC
Brazilian auto workers on strike demanding improved profit-sharing

Brazilian workers at a factory operated by the local unit of U.S. auto maker General Motors Co. walked off the job Friday, calling a 24-hour strike to protest the company's latest profit-sharing offer.
Friday, May 20th 2011 - 19:29 UTC
Brazil’s Golden Age–or Parade of White Elephants?

by COHA Research Associate Augustus Urschel.
The 2014 World Cup and 2016 Olympics.
Winning the 2014 World Cup and 2016 Summer Olympic bids continues to have both intended and unexpected consequences for this year’s miracle country. On November 28, 2010, Brazilian police and soldiers seized the Complexo do Alemão, a large favela in the Northern Zone of Rio, from drug lords.
Thursday, May 19th 2011 - 10:45 UTC
Brazil creates Financial Stability Committee to reduce ‘systemic risk’ and support the currency

Brazil’s Central Bank announced Wednesday the creation of a Financial Stability Committee to improve supervision of the nation's financial industry and reduce “systemic risk.”
Thursday, May 19th 2011 - 10:40 UTC
Opposition call for disclosure of twenty-fold increase in Brazil’s chief of staff assets

Revelations of a several times surge in the personal wealth of Brazilian government's influential chief of staff have triggered controversy and could drag on and become a major headache for President Dilma Rousseff.
Thursday, May 19th 2011 - 07:16 UTC
Brazil’s purchase of 36 fighter jets will be made in 2012 says Rousseff

Brazilian President Dilma Rousseff revealed this week that the purchase of 36 fighter jets for the country's Air Force and involving billions of dollars but which has been postponed for years will be made in 2012.
Thursday, May 19th 2011 - 07:13 UTC
Brazil’s top industry organization head calls Argentine minister “cry-baby”

While Argentine and Brazilian officials are involved in a ‘constructive dialogue’ to overcome trade disputes the head of the powerful Sao Paulo Federation of Industries, FIESP, Paulo Skaf said that Argentine Industry minister Debora Giorgi tends to “over-cry” the restrictions imposed on car imports to Brazil.
Thursday, May 19th 2011 - 06:36 UTC
Government support for Brazil’s meat industry, one of the world’s main exporters

The world’s largest beef producer, Brazil’s JBS announced its board agreed to boost its capital by as much as 3.48 billion Real (2.15 billion US dollars) through a private placement with Brazil’s state economic and social development bank.
Wednesday, May 18th 2011 - 16:28 UTC
Brazil satisfied with measures to cut ‘torrential inflow’ of US dollars

Brazil’s Finance Minister Guido Mantega said dollar inflows into the country have returned to a “reasonable” level, after the government took steps to stem a flood of foreign money.
Tuesday, May 17th 2011 - 23:12 UTC
Argentina/Brazil meet next week to address trade differences

Argentina and Brazil agreed Tuesday to resume ‘constructive’ trade negotiations to overcome the current bilateral dispute which surfaced following the latest protectionist measures that threaten exports from the two main Mercosur partners.
Tuesday, May 17th 2011 - 17:39 UTC
Brazil non automatic import licences on blankets from China and Uruguay

Brazil announced it was imposing non automatic import licences on synthetic fibre blankets from Paraguay, Uruguay and China, according to an official communiqué from the Brazilian Ministry of Development, Industry and Foreign Trade released Tuesday.