Campaign funds in support of the Brazilian ruling coalition presidential candidate Dilma Rousseff more than double those of her main adversary, according to a report published Monday by Folha de Sao Paulo.
Brazilian government managed energy giant Petrobras said Bolivian natural gas will remain important for energy-hungry Brazil, where demand for that fuel is expected to triple over the next four years, Bolivian daily La Razon reported.
A group of Brazilian stand-up comedians and television comedy actors held a protest against the ruling that bars any ribbing of political candidates over the airwaves in the run-up to the October 3 elections.
Three major candidates for the Brazilian presidency joined the first online debate Wednesday, which was followed by an estimated 50 million people and less than two months before ballot day, October 3.
Brazil’s wealthiest man, Eike Batista paid the equivalent of 285.000 US dollars for the inauguration suit of President Lula da Silva when he first took office in January 2002. The sale was part of a charity auction to collect funds for a famous Sao Paulo favela (shanty town) that goes by the name of Paraisopolis, (Paradise City).
Brazilian oil and gas company OGX said Monday that a new onshore field in the north-eastern state of Maranhao holds up to 15 trillion cubic feet of natural gas.
Brazilian central bank President Henrique Meirelles said analysts were surprised by a smaller- than-expected interest rate increase in July because they misunderstand signals sent by policy makers beforehand.
Four Indian warships are being dispatched for a two-month-long overseas deployment along the African coast this week, which will culminate in complex trilateral war games among Indian, Brazilian and South African navies.
Brazil's oil regulator said on Thursday it halted operations of state oil company Petrobras' (PETR4.SA: Quote) offshore P-33 platform, citing safety concerns. The announcement follows oil workers union claims that the rig was “dangerous”.
China's direct investment in Brazil has surged, putting China on course to be the biggest foreign direct investor in Latin America's largest economy this year.