erica’s biggest city on Sunday, while an ex-guerrilla who once kidnapped a U.S. ambassador failed in his bid to become mayor of Rio de Janeiro. Incumbent Sao Paulo Mayor Gilberto Kassab of the conse…
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Blog.Brazil
Brazilian News: International Edition.
Archive for October 27th, 2008
Brazil dragged 6% by lower commodity prices; Argentina falls
Posted in October 27th, 2008
LOS ANGELES (MarketWatch) — Major Latin American markets fell Monday, led by a decline in the commodity-heavy Brazilian benchmark to a three-year low as ongoing worries about recession worldwide cont…
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Bright spots in Latin American economic debris
Posted in October 27th, 2008
ging economies on the continent find themselves relatively protected, analysts say. Geoffrey Dennis, a Latin America equity strategist for Citigroup, said the region’s economies are in relatively he…
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IT companies look at Europe, Latin America
Posted in October 27th, 2008
10 trends Indian IT services cos must catch CHENNAI: With the US economy in doldrums and companies cutting back on IT spending, Indian tech majors are now turning their radars towards new locat…
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Brazilian companies lose half market value amid financial crisis
Posted in October 27th, 2008
RIO DE JANEIRO, Oct. 27 (Xinhua) — The Brazilian companies listed in the Sao Paulo Stock Exchange (Bovespa) have lost nearly half of their market value since the beginning of this year, according to …
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Brazil assesses impact of currency crisis
Posted in October 27th, 2008
Brazil assesses impact of currency crisis By Jonathan Wheatley in São Paulo Published: October 28 2008 02:00 | Last updated: October 28 2008 02:00
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Cafu wants to retire wearing the Brazilian jersey
Posted in October 27th, 2008
Cafu, the Brazilian soccer player who has suited up most times in the Brazilian national team's jersey, said that his dream is to end his career while wearing the "Yellow and Green". "T…
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Brazilians Cut Back on Travel as Currency Plunges, Globo Says - Bloomberg
Posted in October 27th, 2008
Brazilians Cut Back on Travel as Currency Plunges, Globo SaysBloomberg - Oct 24, 2008By Joshua Goodman Oct. 24 (Bloomberg) — Brazil's plunging currency is discouraging travel abroad with no offsetting increase in the arrival of foreigners …
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Luxury Travel Company Latin Excursions Redefines Luxury Travel for … - BigNews.biz (press release)
Posted in October 27th, 2008
Luxury Travel Company Latin Excursions Redefines Luxury Travel for …BigNews.biz (press release), MA - Oct 24, 2008… constructed around Inca foundations, to an intimate lodge set in the Patagonian wilds, to a stylish family villa in Brazil – for your travel experience. …
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Bonnie's South America Travel Blog - About - News & Issues
Posted in October 27th, 2008
Bonnie's South America Travel BlogAbout - News & Issues, NY - Oct 26, 2008Blue sky, warm water, sandy beach and a place to sit in the shade…enjoy Brazil's Tabatinga Beach. Click on the link or the photo for more information …
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Holiday travel: Bookings strong, but airlines seats are down - FayObserver.com
Posted in October 27th, 2008
Holiday travel: Bookings strong, but airlines seats are downFayObserver.com, NC - 54 minutes agoBy Harry R. Weber and Kristin A. Lee AP ATLANTA — Minneapolis business manager Roque Rossetti plans to make his annual trip home to Sao Paulo, Brazil, …
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Brazil assesses impact of currency crisis
Posted in October 27th, 2008
Contradictory signals emerged yesterday on the extent of the damage suffered by Brazil’s companies and banks caused by failed bets on the domestic currency, a crisis…
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The Buck Is Back - Wall Street Journal
Posted in October 27th, 2008
Wall Street Journal
The Buck Is BackWall Street Journal - 1 hour agoTake, for instance, Brazil, one of the emerging markets hit hard by the flight to safety. In local terms, Brazilian stocks have plunged about 53% this year. …
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Latin America stocks mixed
Posted in October 27th, 2008
BUENOS AIRES, Argentina — Argentina's Merval index dropped 5.67 percent to close at 839.77 Monday as private pension funds returned to the market for the first time since President Cristina Fernande…
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Canadian Telecom Giants Including Nortel, Mitel and Telesat Join Rising Ottawa Stars to Mine BRIC Gold at Brazil
Posted in October 27th, 2008
Ottawa Region Web site OTTAWA–(Marketwire - October 27, 2008) - While global technology analysts are busy slashing corporate spending estimates for European and North American companies affected b…
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INTERVIEW - Bolivia To Tap Huge Lithium Deposit In Salt Lake
Posted in October 27th, 2008
BOLIVIA: October 28, 2008 LA PAZ - Bolivia is moving ahead with plans to tap potentially huge lithium reserves at Uyuni, the world's biggest salt lake and one of the country's top tourist attraction…
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Blinded Brazilian student sings through recovery
Posted in October 27th, 2008
A Brazilian student blinded in a downtown Calgary shooting says he's relearning how to do everything in his life. Jose Ribamar Ribeiro Neto visited the CBC's
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Mercosur meeting starts in Brasilia to discuss world crisis
Posted in October 27th, 2008
BRASILIA, Oct. 27 (Xinhua) - The extraordinary meeting of the Common Market of the South (Mercosur) Council began on Monday in Brazilian capital of Brasilia to analyze the effects of the international…
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Local defeat for Brazil
Posted in October 27th, 2008
TOM HENNIGAN in São Paulo AFTER A CAMPAIGN in which it was accused of stirring up homophobia, Brazil's ruling Workers' Party suffered a crushing defeat in the battle for control of South America'…
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Accidente carretero deja 16 muertos en Bolivia
Posted in October 27th, 2008
LA PAZ — La policía informó el lunes que 16 personas murieron y 40 resultaron heridas después que el autobús que los transportaba cayó a un barranco de una regi&oa…
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Ford Maintains Brazil Sales Forecasts, Investment Plans
Posted in October 27th, 2008
in 2008. Meanwhile, the market will continue to grow and, as a result, Ford is maintaining its investment plans for Latin America's largest country. The carmaker said it still expects to sell 300,00…
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Mixed signals over Brazilian ‘subprime’ currency bets
Posted in October 27th, 2008
Mixed signals over Brazilian ‘subprime’ currency bets By Jonathan Wheatley in São Paulo Published: October 27 2008 19:43 | Last updated: October 27 2008 19:43
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PREVIEW: Brazil's Lula looking to lead at Iberian American Summit - Earthtimes (press release)
Posted in October 27th, 2008
PREVIEW: Brazil's Lula looking to lead at Iberian American SummitEarthtimes (press release), UK - 2 hours agoCuban President Raul Castro has not confirmed his attendance, but he has not left Cuba since he has been in power so it seems unlikely that he might travel …
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Delta to add flights to Latin America and Caribbean
Posted in October 27th, 2008
is ramping up its Caribbean and Latin American service to popular winter getaway destinations. The Atlanta-based carrier said Monday it is adding nine new flights and boosting its schedules to six de…
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Sam Zell looks to Latin America for investment
Posted in October 27th, 2008
Latin America is underappreciated for investment, so it only makes sense that real estate investment mogul Sam Zell plans to put his money there. A longtime investor in Latin American real estate, th…
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Gerdau Ameristeel buys Canadian scrap processor Metro Recycling
Posted in October 27th, 2008
Metro Recycling . Terms of the transaction were not disclosed in a release announcing the purchase. Metro Recycling, a scrap processor headquartered in Guelph, Ontario, has three locations, two in G…
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No rescue plan for Brazilian firms that lost billions in crisis
Posted in October 27th, 2008
Sao Paulo - The Brazil government will not bailout large conglomerates that have lost money in foreign exchange operations, Finance Minister Guido Mantega said Monday. These firms may have lost up to …
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Brazil 08 Energy Estimate Falls But Still Above 07 Use -Government
Posted in October 27th, 2008
-(Dow Jones)- Brazil's energy consumption for 2008 was revised lower Monday, but consumption will still be higher than in 2007, the Energy Research Agency, EPE, said in its monthly electricity repor…
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Latin American stocks mixed, Brazil extends steep losses; currencies stabilize
Posted in October 27th, 2008
BUENOS AIRES, Argentina - Argentina's Merval index dropped 5.67 percent to close at 839.77 Monday as private pension funds returned to the market for the first time since President Cristina Fernandez…
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General Motors To Maintain Investment Plans In Brazil
Posted in October 27th, 2008
. Cheaper credit has enabled thousands of Brazilians to buy new cars again this year, breaking last year's sales records. The scenario has only changed recently, as local banks have reacted to the g…
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Brazil Dragged By Lower Commodity Prices;Argentina Falls
Posted in October 27th, 2008
markets were mostly lower Monday, with Brazilian stocks leading the downturn as ongoing worries about recession worldwide continued to pull resources prices lower.
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Bush Meets Paraguay President Lugo, Supports Corruption Fight
Posted in October 27th, 2008
(RTTNews) - President Bush joined Paraguayan President Fernando Lugo Monday in a pledge to bring assistance to the poverty-stricken central American nation while fighting corruption in the ranks of …
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Her Majesty Queen Rania of Jordan visits a UNICEF-supported school project
Posted in October 27th, 2008
UNICEF's Eminent Advocate for Children, Her Majesty Queen Rania of Jordan, during her visit to the UNICEF-supported Aprendiz City-School in São Paulo, Brazil.
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Shaw Selected By Petrobras to Provide Proprietary Technology, Engineering and Technical Services for Major Ethylene Plant in Brazil
Posted in October 27th, 2008
Posted on: Monday, 27 October 2008, 09:00 CDT The Shaw Group Inc. (NYSE: SGR) announced today that its Energy & Chemicals Group has been awarded contracts by Petroleo Brasileiro S.A. (Petrobras) to…
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Brazilians vote in runoff mayoral polls
Posted in October 27th, 2008
Published Date: October 27, 2008 SAO PAULO: An ex-guerrilla who once kidnapped a US ambassador has a chance to become mayor of Rio de Janeiro yesterday in nationwide municipal elections that Brazil's…
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NII Holdings To Sell New Smartphone In Latin America In 1Q
Posted in October 27th, 2008
Research In Motion (RIMM) said Monday they will sell the Blackberry Curve 8350i smartphone in four Latin American countries starting in the first quarter of next year.
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The Silly Ideas of the South - New America Foundation
Posted in October 27th, 2008
The Silly Ideas of the SouthNew America Foundation, DC - 11 hours ago… those that originate in the south rarely travel north. Some countries will emerge from the current crisis better than others. Mexico, Chile, Brazil and …
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Canadian Telecom Giants Including Nortel, Mitel and Telesat Join Rising Ottawa Stars to Mine BRIC Gold at Brazil
Posted in October 27th, 2008
Ottawa Region Web site OTTAWA–(Marketwire - October 27, 2008) - While global technology analysts are busy slashing corporate spending estimates for European and North American companies affected b…
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ACTIV Financial and Marco Polo Network Unite to Simplify and Speed Inter-Market Trading in Brazil
Posted in October 27th, 2008
NEW YORK, NY–(Marketwire - October 27, 2008) - ACTIV Financial, a leading provider of fully managed low-latency market data solutions, and Marco Polo Network, which provides trade order routing and…
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Mercosur debate en Brasilia efectos de crisis financiera mundial
Posted in October 27th, 2008
BRASILIA — Los Ministros de Finanzas y Relaciones Exteriores y presidentes de los Bancos Centrales del Mercosur y de países asociados inician el lunes un debate sobre la crisis financiera int…
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Videomar Teams With Cedar Point Communications for VoIP and Triple Play Services in Brazil
Posted in October 27th, 2008
Cedar Point Communications Inc ., a worldwide leader in integrated Voice over IP (VoIP) switching technologies for service providers and enterprise telecommunications operators, announced today tha…
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Paraguay posterga impuesto a la soja por crisis
Posted in October 27th, 2008
ASUNCION — El gobierno del presidente Fernando Lugo postergó la aplicación de un impuesto a la exportación de soja debido a la crisis financiera mundial, según anunci&oac…
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NII Holdings and Research in Motion to Launch New BlackBerry Smartphone With Industry-Leading Push-to-Talk Service in Latin America
Posted in October 27th, 2008
RESTON, Va. and WATERLOO, Ontario, Oct. 27 /PRNewswire-FirstCall/ — NII Holdings, Inc. and Research In Motion (RIM) (Nasdaq: RIMM; TSX: RIM) today announced that Nextel Argentina, Nextel Brazil, Next…
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Modern motifs, with echoes of Brazil
Posted in October 27th, 2008
Standing in a back exhibition space at James Cohan Gallery in Chelsea, the Brazilian artist Beatriz Milhazes sounded like a rigorous Constructivist as she discussed her four latest paintings, which we…
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Swiss Syngenta hands over field test in Brazil
Posted in October 27th, 2008
BRAZIL - Marking an end to a violent conflict, agrochemical multinational Syngenta has handed over its experimental farm in Paraná state, in the South of Brazil, to the state government.
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Buy, Sell or Hold: iShares MSCI Brazil Index - istockAnalyst.com (press release)
Posted in October 27th, 2008
Buy, Sell or Hold: iShares MSCI Brazil IndexistockAnalyst.com (press release), OR - 13 hours agoNow, I was very concerned about Brazil succumbing to the “contagion” effect. In fact, I was so concerned that I had used my January vacation to travel down …
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Tough decisions loom on Latin America
Posted in October 27th, 2008
U.S. president will have to come to terms with leftist changes that have swept through Latin America and will face tough choices on issues including trade and drugs. Leftists have been voted into…
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NII Holdings and Research In Motion to Launch New BlackBerry Smartphone with Industry-Leading Push-to-Talk Service in Latin America
Posted in October 27th, 2008
RESTON, VIRGINIA and WATERLOO, ONTARIO–(Marketwire - Oct. 27, 2008) - NII Holdings, Inc. (NASDAQ:NIHD) and Research In Motion (RIM) (NASDAQ:RIMM)(TSX:RIM) today announced that Nextel Argentina, Nexte…
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Brazil ruling party loses Sao Paulo mayoral race
Posted in October 27th, 2008
Brazil's ruling party lost its chance to retake the mayorship of South America's biggest city on Sunday, while an ex-guerrilla who once kidnapped a U.S. ambassador failed in his bid to become mayor of…
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Mayor wins new term; ex-guerrilla loses in Rio
Posted in October 27th, 2008
10/27/2008 Brazil's ruling party lost its chance to retake control of South America's biggest city on Sunday, while an ex-guerrilla who once kidnapped a U.S. ambassador failed in his bid to become ma…
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