Tag: Brazil

• Monday, May 9th 2011 - 19:09 UTC

  Brazil plans to send thousands of students to learn abroad on scholarships

  

  Brazilian President Dilma Rousseff said that Brazil is the seventh economy in the world and announced that the government is to finance scholarships abroad. “We are the world’s seventh economy and this is due to the effort and sweat of those who made this country grow,” she claimed.

• Monday, May 9th 2011 - 18:59 UTC

  Brazil’s Vale invests 2 billion USD to develop Mozambique vast coal reserves

  

  The world’s largest iron-ore producer, Brazil’s Vale will double investments in Mozambique to 4 billion US dollars in the next four years, said on Monday Chief Executive Officer Roger Agnelli.

• Friday, May 6th 2011 - 06:17 UTC

  Brazil’s high court unanimously recognizes rights of same-sex couples

  

  Brazil's Supreme Court ruled unanimously Thursday that the nation should recognize same-sex unions. The court voted 10-0 in favor of recognizing the unions. One justice abstained because he had spoken publicly in favor of same-sex unions when he was attorney general.

• Thursday, May 5th 2011 - 08:26 UTC

  German president and trade delegation on three-day visit to Brazil

  

  German President Christian Wulff is in Brazil on a three-day visit aimed at strengthening ties between the two countries and discussing mutual co-operation in science and technology.

• Thursday, May 5th 2011 - 01:46 UTC

  Brazilian corporation becomes ‘orange juice king’ of the world

  

  Citrovita and Citrosuco of Brazil won European Union antitrust approval for their merger plan to form the world’s largest wholesale supplier of orange juice.

• Wednesday, May 4th 2011 - 18:38 UTC

  Mercosur main partners heading for a record year in bilateral trade

  

  Trade among the two leading Mercosur partners reached 11.7 billion US dollars during the first four months of the year with Argentine exports to Brazil reaching a record 5.2 billion USD. This is 29% higher than in 2010 and 23% above the 2008 record year.

• Tuesday, May 3rd 2011 - 17:24 UTC

  US printing press is flooding the world with dollars, claims Mantega

  

  Testifying before Congress Brazilian Finance Minister Guido Mantega said that international commodity prices are behind much of the country’s rising inflation, but insisted the government will take action to keep prices in check and prevent the currency from strengthening too far too fast.

• Tuesday, May 3rd 2011 - 17:03 UTC

  Brazil’s industrial output expands for third consecutive month

  

  Brazil’s industrial output increased a seasonally adjusted 0.5% from February although it fell 2.1% compared with March 2010, the Brazilian Census Bureau, or IBGE, said Tuesday.

• Tuesday, May 3rd 2011 - 05:16 UTC

  Brazil’s trade surplus in April soars pushed by commodities prices

  

  The trade surplus rose to 1.86 billion USD last month from 1.55 billion in March, the ministry said. The figure compares with a 1.28 billion surplus in April last year. In the first four months of 2011 Brazil’s trade surplus totalled 5.03 billion USD which is up 132% over the same period a year ago.

• Tuesday, May 3rd 2011 - 01:57 UTC

  Brazilian president rests in Brasilia recovering from mild case of pneumonia

  

  Brazilian president Dilma Rousseff, 63, returned Monday to Brasilia after spending the weekend in a hospital in Sao Paulo suffering from strong flu and a mild case of pneumonia, according to the presidential office.