The Falkland Islands Government has sent letters to the leaders of Australia and Brazil following the devastating floods the two countries have undergone recently.
The Brazilian president has decided to postpone the purchase of fighter jets.
The Member States of the Union of South American Nations (UNASUR) wish to express their heartfelt sympathy to the Government and people of Brazil, particularly the relatives and friends of those who lost their lives, their homes and to those injured in the recent flooding and mudslides which occurred in southeastern, Brazil on January 12, 2011.
The torrential rainfall that Brazil has been experiencing for the past week has had an even bigger impact on the population than that of the earthquake Chile experienced in 2010, said a member of the military who had worked in Chile and now runs a makeshift hospital where victims of the worst natural disaster that Brazil has experienced are being treated.
Dilma Rousseff has taken measures to stop the appreciation of the real. The Brazilian Central Bank swapped all of the currency futures contracts in a reverse swap auction. This way the institution headed by Alexandre Tombini disembarks in the futures market.
Rains that devastated a mountainous region north of Rio de Janeiro have killed at least 626 people, Brazil's Civil Defense agency said on Sunday, as fears of more storms and disease outbreaks overshadowed rescue operations.
The Brazilian government and Navy are considering an ambitious plan for launching an offshore subsea lab to be located at the limit of the country´s territorial waters and beyond the farthest pre-salt play
A shortage of bills that has led to lines and protests outside Argentine banks since mid-December may be resolved by next week after the country boosted imports of notes printed in Brazil.
The Brazilian currency Real weakened after the central bank introduced reserve requirements on short positions in U.S. dollars held by local banks with the purpose of weakening the Real which this week reached a historic high against the greenback.
Brazil’s trade surplus fell 19.8% in 2010 to 20.28 billion USD, the smallest in eight years. Exports grew 31.4% to 201.9 billion, a new record, but imports surged 41.6% to 181.64 billion, the Ministry of Development, Industry and Commerce said this week.