US and Brazil plan to boost trade and cooperation in their respective national drinks, cachaça (distilled sugar cane liquor used to make caipirihna cocktails, and Tennessee whisky. The letter of intent was signed Monday by US Trade Representative Ron Kirk and Brazil’s Trade Minister Fernando Pimentel.
US Boeing and Brazil’s Embraer signed an agreement Monday to work cooperatively on aircraft safety, operational efficiency and manufacturing productivity.
In spite of disagreements in several issues, President Dilma Rousseff during her meeting on Monday at the White House with her peer Barack Obama is expected to insist on the need to join efforts in combating the world economic crisis and particularly monetary instability originated in the manipulation of foreign currency exchanges, which the Brazilian describe as a “monetary tsunami”.
Brazilian president Dilma Rousseff begins Monday a two day to the United States with the purpose of improving bilateral political, trade and investment relations as well as continuing on the agenda worked out for when President Obama’s visit to Brazil last year.
US ground beef processor AFA Foods filed for bankruptcy protection this week and said it plans to sell some or all of its assets, citing the impact of media coverage related to a meat filler critics have dubbed “pink slime.”
The US has sided with Argentina and asked a federal appeals court to reverse lower-court rulings stemming from bond holders’ attempts to collect on judgments against the Argentine Republic.
The largest lottery jackpot in US history, 656 million dollars, will be shared by the buyers of three winning Mega Millions tickets in Illinois, Kansas and Maryland - but their identities remained a mystery, lottery officials said on Saturday.
The new US ambassador in Uruguay, confirmed this week by the US Senate, expects to hold contacts with Uruguayan authorities to promote and negotiate a free trade agreement.
The Senate finally confirmed Roberta Jacobson as US Assistant Secretary of State for Western Hemisphere Affairs six months after having been nominated for the post by President Barack Obama.
US lottery officials say they are increasing the MegaMillions lottery jackpot to 640 million dollars increasing what was already a world record prize. The previous record jackpot was 390 million dollars in 2007.