Tag: Brazil

• Monday, November 1st 2010 - 00:03 UTC

  A woman president for Latinamerica’s largest economy and Lula da Silva’s legacy

  

  President Lula da Silva’s handpicked candidate Dilma Rousseff won Brazil's Sunday run-off becoming the first woman president to lead Latinamerica’s largest economy. Ms Rousseff promised to stick to policies that have lifted millions from poverty and made Brazil one of the world's hottest economies.

• Saturday, October 30th 2010 - 06:58 UTC

  Another plus for Lula da Silva: Dilma in the threshold of becoming Brazil’s first woman president

  

  Brazilian ruling party candidate Dilma Rousseff cruised through the final television debate with presidential rival Jose Serra on Friday as another poll showed her heading for a convincing win in Sunday's runoff election.

• Saturday, October 30th 2010 - 05:16 UTC

  New ultra-deep pre-salt offshore find confirms Brazil an oil giant

  

  Brazil’s oil industry regulator announced Friday that a recent ultra-deep offshore find is estimated to hold between 3.7 billion and 15 billion barrels of oil equivalent, which could make it the largest crude accumulation in the country’s pre-salt region and the biggest discovery in the Western Hemisphere in more than three decades.

• Monday, October 25th 2010 - 21:19 UTC

  Severe drought leaves major tributary of the Amazon almost dry

  

  A severe drought has dropped water levels on a major Amazon tributary to their lowest point since Brazilian officials began keeping records more than a century ago, the government reported Monday, cutting off dozens of communities who depend on the river for work and transportation.

• Monday, October 25th 2010 - 02:33 UTC

  Serra promises “substantial” changes to relations with Mercosur if elected president

  

  Brazil’s presidential opposition candidate Jose Serra promised substantial changes to the country’s foreign policy if elected next Sunday. He specifically mentioned Brazil’s lobbying for a seat at the UN Security Council, the functioning of Mercosur and relations with Cuba and Iran.

• Tuesday, October 19th 2010 - 03:28 UTC

  Brazil again ups tax on incoming capital; calls for end to the “currency war”

  

  Brazil increased taxes on foreign investments in fixed-income securities for the second time in a month and Finance Minister Guido Mantega said countries trying to defend exports must end the “currency war.”

• Monday, October 18th 2010 - 22:42 UTC

  Brazil becomes magnet for Chilean investors; trade in 2010 soars 66%

  

  This year Brazil has emerged as Chile's largest trading partner in South America and one of the most important destinations for Chile's investment. Overall, trade between Brazil and Chile has grown 66%, while Brazil replaced Colombia as second highest location for Chilean Investment.

• Monday, October 18th 2010 - 21:18 UTC

  Brazil’s king-maker prefers to remain ‘independent”: decision favours Dilma

  

  Brazil’s Green Party decided Sunday to remain independent in the presidential runoff election on October 31.
  The third-place finisher in the first round, Marina Silva said she would not support either Dilma Rousseff, a former cabinet chief, or the opposition candidate, José Serra, a former governor of São Paulo.

• Monday, October 18th 2010 - 00:09 UTC

  Abortion debate in Brazilian campaign has both candidates on the defensive

  

  Brazilian opposition presidential candidate Jose Serra denied his Chilean wife Monica Allende had an abortion and compared the claim with the “defamation” suffered by President Lula da Silva when he was a candidate in 1989.

• Tuesday, October 12th 2010 - 07:00 UTC

  Brazilian economy larger than Italy’s next year, according to IMF estimates

  

  Brazil's economy will likely be larger than that of Italy next year, according to the latest data from the International Monetary Fund (IMF).