The Brazilian navy is planning to build and incorporate in the next decades a fleet of six nuclear powered and 20 conventional submersibles (15 new and five refurbished), making it the most dissuasive fleet of South America.
Leaders from Brazil, Mexico and Argentina in the framework of the G-20 summit in Korea called on rich countries for a commitment to end the “currencies war” and ensure balanced growth out of the current crisis.
Brazil's President-elect Dilma Rousseff said on Wednesday she is in no hurry to name a cabinet before taking office on January 1. Her mentor President Lula da Silva promised to leave a “stable economic situation”.
Brazil said on Wednesday it was worried by the US Federal Reserve's plan to buy billions more dollars in bonds, saying the US policy of easy money could lead countries to enact protectionist policies.
Brazil’s Lula da Silva could implement a series of austerity measures and spending cuts during the last two months of his presidential period in order to leave an easier scenario for president-elect Dilma Rousseff, reported Folha de Sao Paulo newspaper.
Following the death of former Argentine president Nestor Kirchner, the Union of South American Nations, Unasur must find a new consensus leader and the outstanding figure and possible candidate is Brazilian president Lula da Silva recognized as a great promoter of regional integration.
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.
Brazilian political analysts are trying to explain way Sunday’s electoral party went sour for Dilma Rousseff and her mentor Lula da Silva, the most popular president of the country in the last six decades.
Brazil’s Green party considers that their presidential candidate Marina Silva and her demands in support of an environmental policy will be decisive in the run off between the ruling Workers Party Dilma Rousseff and runner up Jose Serra from the Social Democracy of Brazil (PSDB).
Opinion polls indicate that the candidate from the ruling Workers Party Dilma Rousseff, hand picked by Lula da Silva, will win Brazil’s presidency next Sunday. A run off is scheduled for a month later if no candidate gets 50% of the ballot, but in any of the two options Ms Rousseff is forecasted to take office next January first .