
President Barack Obama has named Lilian Ayalde a career diplomat with a long experience in international cooperation and former ambassador to Paraguay as the next ambassador to Brazil it was announced by the White House.

Inflation, slower growth, street protests over the increase in bus fares smacked full on at an ill-humoured Brazilian president Dilma Rousseff during the opening ceremony of the Confederations Cup in Brasilia when she was booed down three times and simply had to declare the event open.

The administration of President Dilma Rousseff will hand out 17 billion Reais (8 bn dollars) in cheap loans for home appliance purchases it was announced this week, a further attempt bolster Brazilians' buying power as an anemic economy and high inflation erode its approval rating.

Consumer prices edged up 0.3% in Brazil last month, fuelled by higher medicine, clothing and housing prices, with 12-month inflation at 6.5%, the state statistics agency said on Friday. The May increase, in line with market analysts' forecasts, was lower than the 0.5% recorded in April and the lowest since June 2012.

Brazilian President Dilma Rousseff signed into law on Wednesday new regulations to make its ports more efficient and attract up to 12 billion dollars in investments as the country finally begins to tackle logistics bottlenecks hampering vast farm exports.

The Brazilian government announced that it is increasing the farm budget, including funds for subsidized loans by 18% to 136 billion Reais (approx 68 billion-dollars) mainly for improving the country’s insufficient storage capacity and new silos.

Brazilian President Dilma Rousseff announced this week plans to strengthen the fight against cross-border organized crime by equipping state and local governments with high-tech scanners and surveillance equipment.

U.S. Vice President Joe Biden encouraged Brazil to open its economy further to keep up with free trade trends worldwide during a visit aimed at boosting business between the two largest economies in the Americas.

A communiqué released today by the White House said, The President and First Lady will host Dilma Rousseff, President of the Federative Republic of Brazil, for an official State Visit with a State Dinner at the White House on October 23, in what the United States hopes will mark the start of a new era in relations, as announced by Vice President Joe Biden, in Rio de Janeiro.

Brazilian president Dilma Rousseff will be attending next Saturday in Ethiopia the fiftieth celebration of the African Unions Organization that preceded the African Union, (AU) and will be one of the main speakers on the opening day.