Brazil
BrazilBrazil overtakes Canada and Spain to become world’s eighth largest economy
Brazil has overtaken Canada and Spain to become the world’s eighth largest economy, relegating Spain to ninth place, Spanish newspaper Expansión reported Wednesday.
First on-line presidential hopefuls debate attracts 50 million Brazilians
Three major candidates for the Brazilian presidency joined the first online debate Wednesday, which was followed by an estimated 50 million people and less than two months before ballot day, October 3.
Brazil wealthiest man pays 285.000 USD for Lula da Silva’s inauguration suit
Brazil’s wealthiest man, Eike Batista paid the equivalent of 285.000 US dollars for the inauguration suit of President Lula da Silva when he first took office in January 2002. The sale was part of a charity auction to collect funds for a famous Sao Paulo favela (shanty town) that goes by the name of Paraisopolis, (Paradise City).
Brazil’s Dilma Rousseff closer to winning in the first round
Brazilian presidential candidate Dilma Rousseff widened her lead to 11 percentage points over opposition candidate Jose Serra, putting her in position to win in the first round of the October election, according to an Ibope poll published by the TV Globo network.
Brazilian journalists challenge law which forbids satirizing candidates
An election law from the era of Brazil's dictatorship past which forbids making fun of candidates has caused concern ahead of the countries October 3 presidential election and a possible run-off at the end of October.
Poll confirms Brazilian incumbent presidential candidate Rousseff 11 points lead
Brazilian presidential candidate Dilma Rousseff has an 11 percentage point lead over former Sao Paulo Governor Jose Serra before the country’s October elections, according to an Ibope poll published by TV Globo network and O Estado do Sao Paulo newspaper.
Petrobras admits ‘minor’ conservation problems on several oil platforms
Brazil's government managed oil giant Petrobras CEO admitted Monday that minor conservation problems exist on some of the company's platforms in the Campos Basin, off the country's south-eastern coast.
On-shore natural gas find could supply 30% of Brazil’s domestic demand
Brazilian oil and gas company OGX said Monday that a new onshore field in the north-eastern state of Maranhao holds up to 15 trillion cubic feet of natural gas.
Ms Rousseff strongly supports national capital in Brazilian airlines
Brazilian incumbent presidential candidate Dilma Rousseff strongly supported Brazilian majority participation in airlines although admitted not having been in touch with last week’s announcement of a merge between Lan Chile and Tam Brazil to become the largest Latinamerican air carrier.
“Inflation expectations” gear Brazilian central bank rates policy
Brazilian central bank President Henrique Meirelles said analysts were surprised by a smaller- than-expected interest rate increase in July because they misunderstand signals sent by policy makers beforehand.
