Cuban President Raul Castro turned 80 on Friday, vowing to rejuvenate the country's aging leadership and its sagging economy.
With Brazil’s benchmark interest rate at 11.75% and prospects of further increases Latin America’s largest economy poses a challenge to economists and analysts. The answers are not only economic but also political.
The successful Brazilian self made man and former Vice-president Jose Alencar who assured the business community political support for the “firebrand union leader”, Lula da Silva elected in 2002 to lead Latin America’s largest economy, died in Sao Paulo on Tuesday after a long battle with cancer.
Brazilian former president Lula da Silva underlined the significance of Latin America’s left and its responsibility as a model for developed countries in crisis, during a political rally in Montevideo to celebrate the fortieth anniversary of the Uruguayan ruling coalition, Broad Front.
Brazilian president Dilma Rousseff and her predecessor Lula da Silva will be meeting this week for an international event in Portugal, just a few days after the new government abandoned a pro-dialogue with Iran position for a more neutral stance.
Brazil’s vote in the UN Human Rights Council in support of a rapporteur to monitor human rights in Iran, proposed by the US, signals the first great divergence in foreign policy between the current administration of President Dilma Rousseff and her predecessor and mentor Lula da Silva.
Uruguay’s ruling coalition is celebrating its fortieth anniversary with a massive political rally in downtown Montevideo where the main speaker will be the former Brazilian president Lula da Silva.
Brazilian oil giant Petrobras has withdrawn from an offshore oil exploration block in Cuba's waters that it leased amid great fanfare in 2008, a Brazilian official said on Thursday, citing poor prospects.
The number of people who see Brazil as having a positive influence in the world is rising rapidly, according to a BBC World Service poll of 27 countries. The country is regarded positively by 49%, compared with 40% last year - the largest jump by any of the 16 nations respondents are asked to comment on.
Brazil grew at its fastest pace in 24 years in 2010, expanding 7.5% on strong consumer demand but other complementary data also showed the economy is feeling the strains of overheating.