The United States must pay more importance to its strategic alliance with Brazil if it really wants to benefit from Petrobras’ recently discovered deep-water oil and natural gas reserves in the Atlantic Ocean, the company’s CEO, Jose Sergio Gabrielli, said.
United States Federal Reserve Bank of Dallas President Richard W. Fisher said he sees “extraordinary speculative activity” in the US after the central bank pumped record amounts of stimulus into the economy.
World lemon and orange juice production is set to grow while the crop of tangerines and grapefruits are forecasted to drop according to a citrus trade report from the US Department of Agriculture.
In what was the most controversial issue of the visit, President Obama said he's ready to help Chile solve human rights crimes committed during the dictatorship of Gen. Augusto Pinochet, but avoided agreeing Monday to a US apology for meddling in the country's affairs.
Visiting President Barack Obama called in Chile for a new era of partnership with Latin America as he acknowledged a sometimes troubled past between Washington and its neighbours in the region.
United States farmers have called on the US government to approve the free trade agreements with Colombia and Panama because Mercosur countries are taking a bigger share of US agriculture exports to those countries.
Cuban revolution leader Fidel Castro questions if US president Barack Obama, who on Monday is visiting Chile will apologize for the military coup against Salvador Allende in 1973, according to his latest article released this Monday.
President Barack Obama, declaring support for Brazil’s rising global economic clout, said the country’s transition from dictatorship to democracy can serve as a model for pro-democracy movements around the world, including in North Africa and the Middle East.
Addressing the Brazilian Industry Federation, in Brasilia President Barack Obama emphasized the possibilities for partnership between the two countries mentioning trade, energy, infrastructure and education. The US leader said that “the future has arrived in Brazil” and promised the US would deal with the country in the same way it does with China and India.
Brazil and the United States agreed on Saturday to boost future cooperation on a range of key issues including trade and energy. The agreements were signed on the first day of US President Barack Obama's two-day visit to Brazil, where he met with Brazilian counterpart Dilma Rousseff. They include TECA, a trade and economic cooperation agreement with a road map for future negotiations.