Latest Brazil News
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Planemaker Embraer Sees American Closing Out US Regional Jet Cycle
SAO PAULO -- Embraer SA, the world's third-largest commercial jet maker, expects just one more big regional jet order as a result of its current U.S. sales campaign, Chief Executive Officer Frederico Curado said in an interview, after the Brazilian planemaker clinched three of four major deals since December. "After the American Airlines competition, the game is over for a ...
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Bolivia - Bolivian community radio destroyed in clashes between rival peasant groups
Reporters Without Borders condemns the destruction of Radio AM 1080 La Voz de las Mayoras, a community radio station based in Caranavi, 160 km northeast of La Paz, on 21 May 2013.Affiliated with the network of Radios of the Original Peoples (RPO), the station was destroyed in clashes between two rival peasant groups, the Provincial Agrarian Federation of Peasants of Caranavi (FAPCA) and the ...
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Ohio State Global Gateway program measuring worth before pitching Brazil office
Chris Carey, the director who oversees operations of Ohio State's Global Gateways program, said the university is still tinkering with the three-year-old initiative. Ohio State Universitys global initiative to open embassy-like overseas offices has plans for a third site in Brazil next year. But first, it has to collect enough data on efforts in China and India to convince trustees that the ...
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Bolivia Government Supporters Rally in La Paz
Demonstrators in Plaza Villarroel, La Paz gather to express their support for the government. (Photo: Bolivia Government) Yesterday Bolivia's president, Evo Morales, participated in a demonstration on the streets of La Paz in a bid to "defend democracy" after the Central Obrera Boliviana (COB) ...
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Brazil buys robots for World Cup Olympic security
Brazil will host both Pope Francis and the FIFA World Cup in 2014, and the 2016 Olympic Games will be held in Rio de Janeiro, leading the government to invest in additional security. The Brazilian government contracted iRobot to provide military iRobot 510 PackBot robots. For $7.2 million, Brazil will get about 30 PackBot 510 units, which usually cost about $100,000 to $200,000 each, along with ...
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Social Program Contributes to Reduced Infant Mortality in Brazil
Brasilia, May 24 (Prensa Latina) Research to review the impact of the Bolsa Familia program in Brazil reveals that this helped reduce the mortality rate among children under the age of five by 17 percent between 2004 and 2009. Data provided by the Minister of Social Development and the Fight aganinst Hunger, Tereza Campello, confirms that Bolsa Familia, which delivers 70 reales (33 dollars) to ...
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Brazilian deal for water recycler
Northern Ireland firm specialising in recycling water used to wash tomatoes has won a major contract with a food producer in Brazil, it has been ...
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Brazil’s Personal Loan Default Rate Falls for Fourth Month
Brazil 's consumer-loan default rate fell for the fourth straight month in April as borrowing costs declined in a move that may stimulate banks to boost lending. The consumer default rate fell to 7.5 percent in April from 7.6 percent the month prior, the lowest level since November 2011, the central bank said in a report distributed today in Brasilia. "We are starting to see the ...
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Giant fuel depot blaze on northern outskirts of Rio de Janeiro kills one
RIO DE JANEIRO - One person was killed in a spectacular fire that broke out in a fuel depot on the northern edge of Rio de Janeiro and spread to nearby homes Thursday. Six giant fuel containers at the storage site caught fire, sending giant flames up to 50 meters high leaping into the air and columns of thick smoke far into the sky that could be seen kilometers away. The victim was a ...
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Emerging market flows update – Brazil=“Have Not”
PLND , quote ) a large underperformer in Global Emerging Markets (GEM) this year is seeing fresh allocation interest.The "have nots" continue to be laggards:Brazil ...
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UPDATE 1-Brazil bank lending slows in April sign of uneven economy
Fri May 24, 2013 10:56am EDT * Growth in bank lending loses momentum on annual basis * Loan delinquencies unchanged in April, yet remain high * Suggests double-speed economy, slow economic recovery By Guillermo Parra-Bernal and Luciana Otoni SAO PAULO/BRASILIA, May 24 (Reuters) - Growth in Brazil's bank lending slowed in April, the latest sign that an expansion in Latin America's largest ...
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Brazil Swap Rates Rise on Sign of U.S. Recovery Real Declines
U.S. economy is rebounding fueled speculation that local policy makers will step up increases in borrowing costs to curb inflation. Swap rates on the contract due in January 2015 rose four basis points, or 0.04 percentage point, to 8.59 percent at 10:15 a.m. ...
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EMERGING MARKETS-Brazil stocks flat as OGX offsets Vale
* Concerns over Chinese economic growth, Fed stimulus weigh * Brazil Bovespa little changed, Mexico IPC falls 0.65 pct By Asher Levine SAO PAULO, May 24 (Reuters) - Brazilian stocks were little changed on Friday as concerns over weak economic growth in China weighed on shares of mining firm Vale, offsetting a gain in oil producer OGX. Mexico's IPC index edged towards its lowest closing level ...
Brazil Focus
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Brazil fighting the good fight?
Brazil’s recent victory in a trade dispute with the US, which was resolved through the WTO is a victory, not just for the biggest economy in South America, but also for developing nations around the world, showing that the mechanisms of the WTO can be used to further their interests – although it will take years of fighting and unrelenting effort…
Brazil’s ongoing dispute with the United States over the subsidizing of cotton for producers in the US, looks like it may soon be resolved, as Brazil recently indicated it would hold off on slapping a range of 102 US goods with sanctions, if the US agreed to certain measures put forth by the South American country. Read more
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