Tag: Brazil

Friday, November 19th 2010 - 16:01 UTC
Brazilian central bank chief steps down from president-elect Rousseff’s team

Brazilian central bank president Henrique Meirelles will not accept any invitation to remain as head of the bank unless president-elect Dilma Rousseff gives him full guarantees of “absolute autonomy” in running the institution. He also rejects the idea of holding on the job during the first quarter of 2011 until a definitive successor is named.
Monday, November 15th 2010 - 21:11 UTC
Bilateral Argentina/Brazil trade forecasted to reach record of 34 billion USD

Bilateral trade among Mercosur main partners, Argentina and Brazil is expected to reach a “historic record” of almost 34 billion US dollars this year, 80% of which mostly manufactured goods, according to Argentine Industry minister Deborayh Giorgi, who also anticipated that the deficit would drop 30%.
Friday, November 12th 2010 - 18:38 UTC
Brazilian health officials say anti-biotics KPC bacteria situation is “under control”

Four more people have died from the KPC bacteria in Brazil's capital, bringing the death toll so far this year to 22, health officials in Brasilia said earlier this week, adding that the situation has begun to be brought “under control.”
Thursday, November 11th 2010 - 00:16 UTC
Brazilian “competitive devaluation” risk for Uruguay’s exports

A leading Uruguayan economist warned Wednesday about the risks of being highly dependent on Brazil for foreign trade, particularly since the Uruguayan economy could “be trapped in a competitive edge island”.
Tuesday, November 9th 2010 - 02:16 UTC
Brazil’s population is 186 million; 9.5% increase over the previous census in 2000

Brazil, the country with most territory in Latin America also has the largest population, almost 186 million according to preliminary figures from the latest census, released by the Brazilian Geography and Statistics Institute, IBGE.
Monday, November 8th 2010 - 15:25 UTC
Brazilian exporters ask Rousseff for a US dollar between 2 and 2.2 Real

The Brazilian Confederation of Industry, CNI, is strongly lobbying president-elect Dilma Rousseff who takes office next January first to adopt additional measures to help contain the strong appreciation of the Real vis-à-vis the US dollar.
Thursday, November 4th 2010 - 05:27 UTC
Rousseff in no hurry to name the cabinet; Lula promises “stable economy”

Brazil's President-elect Dilma Rousseff said on Wednesday she is in no hurry to name a cabinet before taking office on January 1. Her mentor President Lula da Silva promised to leave a “stable economic situation”.
Thursday, November 4th 2010 - 05:23 UTC
Brazil warns more Fed liquidity could lead to protectionist policies

Brazil said on Wednesday it was worried by the US Federal Reserve's plan to buy billions more dollars in bonds, saying the US policy of easy money could lead countries to enact protectionist policies.
Wednesday, November 3rd 2010 - 00:18 UTC
Austerity and tough spending cuts in Lula da Silva’s last two months

Brazil’s Lula da Silva could implement a series of austerity measures and spending cuts during the last two months of his presidential period in order to leave an easier scenario for president-elect Dilma Rousseff, reported Folha de Sao Paulo newspaper.
Tuesday, November 2nd 2010 - 04:51 UTC
Some of the challenges waiting for Brazilian president-elect Dilma Rousseff

Dilma Rousseff became on Sunday Brazil’s first woman president and the first former guerrilla to reach the highest post in the country. In spite of being described by her mentor Lula da Silva as “a first class (electoral campaign) warrior and excellent manager” Ms Rousseff faces phenomenal challenges, not least the legacy of who handpicked her.