Tag: Brazil

• Thursday, April 28th 2011 - 06:39 UTC

  Brazil’s bank lending slows down as government curbs credit

  

  Brazil’s bank lending expanded in March at the second-slowest pace in 13 months as the government stepped up efforts to contain demand and inflation by curbing credit to consumers.

• Wednesday, April 27th 2011 - 11:11 UTC

  Brazil’s strong currency fuels current account deficit in March

  

  Brazil's current account deficit ballooned to a record for the month of March as foreign companies in Brazil sent more profits home and Brazilians spent more on travel and goods overseas.

• Wednesday, April 27th 2011 - 08:34 UTC

  Brazilian government trying to calm inflation fears; warns of ‘prolonged effort’

  

  Brazil’s central bank President Alexandre Tombini admitted that slowing inflation back to target next year will require a “prolonged” and incisive effort.

• Tuesday, April 26th 2011 - 14:12 UTC

  Migrating humpback whales have jetliners’ navigational precision

  

  Researchers based at the University of Canterbury in New Zealand have found that migrating humpback whales achieve navigational precision usually associated with jetliners or arrows.

• Tuesday, April 26th 2011 - 01:57 UTC

  Brazil needs a budget surplus and strong savings, recommends former president

  

  It is not possible to control the value of Brazil's currency through taxes on foreign capital, former President Fernando Cardoso told the US network Consumer News and Business Channel, CNBC.

• Tuesday, April 26th 2011 - 01:49 UTC

  Rousseff admits she is “immensely worried” with inflation

  

  Brazilian President Dilma Rousseff said on Monday she is “immensely worried” about inflation near the top of the official target range and that the government will act to keep prices from rising further.

• Tuesday, April 26th 2011 - 00:45 UTC

  Brazil moving to cut share of inflation-linked federal debt bonds

  

  Brazil's federal public debt rose in March as the government issued more debt than it redeemed and paid higher servicing costs, the national treasury said on Monday.

• Monday, April 25th 2011 - 07:54 UTC

  Rousseff further intervenes in Brazil’s leading corporation

  

  Vale, the world’s largest iron-ore producer, named Brazil’s Deputy Finance Minister Nelson Barbosa, (a close ally of President Dilma Rousseff) as a member of the board after announcing earlier this month the replacement of its chief executive officer.

• Monday, April 25th 2011 - 07:20 UTC

  Gary Garrabrant of Equity International to attend Brazil's largest real estate event

  

  Gary Garrabrant, CEO and co-founder (with Sam Zell) of Equity International, has confirmed his presence at ADIT Invest, Brazil's biggest event in the field of real estate and tourism investment, to be held in Fortaleza from 10 – 12 May.

• Friday, April 22nd 2011 - 05:05 UTC

  Mercosur and South America, remain top priorities of Brazilian diplomacy

  

  South American countries, particularly Mercosur members remain as top priority of Brazil’s foreign policy confirmed this week President Dilma Rousseff.