
Brazil and China will sign an agreement in the coming weeks to swap as much as 30 billion in their two currencies, Brazil Finance Minister Guido Mantega said.

President Dilma Rousseff still has trouble chewing, after her jaw was dislocated during three years of torture and imprisonment under Brazil's former military leadership, it was revealed this week.

Brazil and Argentina agreed on Monday “to oppose any financial adjustment plan” and sponsor development and growth policies to face the world crisis, in the framework of the two-day G20 summit taking place in Mexico.

Chinese Premier Wen Jiabao is to attend the upcoming UN Conference on Sustainable Development (Rio+20) in Rio De Janeiro, and pay official visits to Brazil, Uruguay, Argentina and Chile from June 20 to 26, it was announced in Beijing the Foreign Ministry

The United Nations conference on Sustainable Development opened in Brazil on Wednesday, launching a new round of debate on the future of the planet, its resources and people, 20 years after the first Earth Summit.

Brazil announced plans to protect an additional 10 000km² of land and pledged not to let economic woes stop it from implementing other measures to protect the environment.

Brazil president Dilma Rousseff announced Wednesday the government will temporarily shelve a law banning the consumption and sale of beer in stadiums for the duration of the 2014 World Cup.

Brazil's former President Lula da Silva admitted during a television interview that he will be presidential candidate in the 2014 elections if current Head of State Dilma Rousseff does not run for re-election.

Brazil's central bank cut interest rates on Wednesday for the seventh straight time to a record low 8.50%, moving into uncharted territory in a bid to shield a fragile recovery from a gloomy global outlook.

Spain’s leading bank Santander denied any plan to sell its Brazilian affiliate full or partly, as was published in the Sao Paulo media following discussions with Bradesco, another top listed Brazilian bank.