Friday 3rd September, 2010

• India-South America trade deal to be expanded

  Brazil News.Net

  India's Minister of State for Commerce and Industry Jyotiraditya Scindia said here Thursday that India and a trade bloc of South American countries have agreed to expand a trade agreement.

• Brazilian Cleo to become Serbian citizen

  Earth Times

  television reported Friday.Serbian Interior Minister Ivica Dacic will officially give a Serbian passport to Cleo on Saturday, the broadcast said.The Serbian citizenship would enable Cleo, Partizan's b...

• Real Traders Defy Mantega as Currency Advances: Brazil Credit

  Business Week

  Sept. 3 (Bloomberg) -- Brazilian Finance Minister Guido Mantega is failing to convince currency traders that the real is poised to slump as foreign investment pours into the country’s stock and ...

• Brazil's economy booms in Q2, defying predictions

  General Sources

  By Luciana Lopez SAO PAULO (Reuters) - Brazil's economy grew 8.8percent in the second quarter, defying forecasts of a steepslowdown as booming investment and strong consumer demandhelped it outshine s...

• Brazil's economy barely slows as investment surges

  General Sources

  (Recasts, adds comments, updates yields, adds background) By Luciana Lopez SAO PAULO (Reuters) - Brazil's economy grew 8.8percent in the second quarter compared with a year earlier,defying predictions...

• Brazil's Petrobras To Seek $64 Billion From Share Sale

  General Sources

  Dow Jones )- Brazil's state-run energy company Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, on Friday launched its offer to raise about $64 billion from the world's largest-ever sale of share...

• Brazil's Petrobras files to sell $65 bln of stock

  General Sources

  (Recasts, adds details of possible offer expansion,background) By Brian Ellsworth RIO DE JANEIRO (Reuters) - Brazilian state oilcompany Petrobras Friday filed to sell up to $64.5 billionof new stock -...

• Brazil's Petrobras unveils $64-bln share offer

  Breitbart

  Brazil's state-run oil company Petrobras on Friday unveiled a huge share offering which could raise 64 billion dollars to help finance new exploration projects in the country. Some 2.1 million comm...

• Chile SQM To Open Plant In Brazil, Mulls Entering India-Report

  Morning Star

  Sociedad Quimica y Minera de Chile SA (SQM, SQM-B.SN), one of the globe's leading fertilizer and specialty chemical producers, will expand into

• LATIN AMERICAN MARKETS: Petrobras Shares Up As Oil-rights Deal Moves Ahead

  Morning Star

  -traded shares of Brazilian oil giant Petroleo Brasileiro SA rose Thursday, outperforming the broader market in the wake of the company's long- awaited oil-rights agreement that paves the way for a ...

• Brazil Second-Quarter GDP Slowed Less Than Expected

  General Sources

  Brazil’s economy slowed less than expected in the second quarter, adding to pressure on the central bank to resume raising interest rates in 2011. Gross domestic product grew 1.2 percent in the t...

• RIL buys 3 mn barrels spot Brazil crude

  Business Standard

  Reliance Industries (RIL), operator of the world's largest refining complex, bought around 3 million barrels of spot Brazilian crude to arrive in India in the next two months, industry sources said on...

• Video: Brazil's Towering Teenaged Model

  CBS News

  At six feet, nine inches tall, Brazilian teenager Elisany Silva is hoping to become a model and soar to new heights. CBSNews.com's Ken Lombardi reports.

• Soccer: Hasebe to miss Paraguay, Guatemala games+

  Breitbart

  YOKOHAMA, Sept. 3 (AP) - (Kyodo)—World Cup captain Makoto Hasebe has pulled out of Japan's friendlies against Paraguay and Guatemala because of a bruised calf muscle, the Japan Football Associa...

• Brazil Petrobras To Offer 3.75 Billion Shares

  Morning Star

  Petrobras , is planning to sell at least 3.75 billion shares in order to finance its massive investment program over the next five years, the company said Friday in a statement.

• Brazil Iron Ore Reserves Keep Multiplying

  General Sources

  Brazil further boosted its iron ore reserves with the announcement of a major new discovery of iron and phosphate deposits in the southwest state of Mato Grosso.The new mineral discoveries place Brazi...

• Brazil Petrobras plans $64.5 bln sale of new stock

  General Sources

  SAO PAULO, Sept 3 (Reuters) - Brazilian state oil companyPetrobras plans to sell as much as $64.5 billion in new stock aspart of a massive offer that includes an oil-for-shares swapagreement with the ...

• Brazil's Opposition Attack on Dilma Rousseff Fails

  Novinite

  Dilma Rousseff, former chief of staff to President Luiz Inacio Lula da Silva, has denied any wrongdoing, calling the allegations "frivolous" and without basis. Photo by EPA/BGNES

• India looks at South America for farm revolution

  New Kerala

  By Devirupa Mitra, New Delhi, Sep 3 : India, looking to launch a second green revolution to boost its food security, has begun looking at distant South America where countries have been able to ramp u...

• Brazil's tax burden drops for the 1st time since 2006

  General Sources

  Brazil's tax/GDP ratio fell from 34.41 percent in 2008 to 33.58 percent in 2009, the first fall of the nation's tax burden since 2006, the government said Thursday.The dip can be attributed to the glo...

• Brazilian, French energy firms to cooperate in L. America, Africa

  People's Daily

  Brazil's major power utility Eletrobras and French energy company GDF Suez Thursday signed an agreement in Sao Paulo to develop joint energy projects in Latin America and Africa.The document, signed a...

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