Brazil’s central bank cut its core interest rate 1.5 percentage points after data suggested that the country was more vulnerable to the global crisis than had been thought
Blog.Brazil
Brazilian News: International Edition.
Archive for March 11th, 2009
Warming robs Bolivia of world
Posted in March 11th, 2009
by Editor in Breaking News
Global warming has melted the snow on Bolivia's Chacaltaya, a peak 5,395 metres above sea-level that was once home to the world's highest ski slope.
Comments Off
Extortion, Gang Violence Terrorize El Salvador
Posted in March 11th, 2009
by Editor in Breaking News
Members of El Salvador's National Civil Police guard suspected members of the notorious Diez y Ocho, or 18, gang during a raid in the early hours of Feb. 13 in Ciudad Delgado, Santa Tecla, a suburb we…
Comments Off
Social Inequities, Discontent Grow In El Salvador
Posted in March 11th, 2009
by Editor in Breaking News
Girls walk through the Gerardo Barrios squatter camp on the outskirts of San Salvador. Critics of the government say new slums such as this one that have popped up in the past couple of years show how…
Comments Off
North, South America sales raise Makhteshim revenue
Posted in March 11th, 2009
by Editor in Breaking News
MAIN ). The agrochemicals firm reported fourth quarter revenue of 1 million, an increase of 3.8% over the 3 million recorded in the corresponding quarter of the previous year. The company said …
Comments Off
Brazil Shrinks 3.5%, Worst Decline in 13 Years
Posted in March 11th, 2009
by Editor in Breaking News
The economy of Brazil suffered the worst decline in more than a decade in the last quarter of 2008, shrinking 3.6% from the previous quarter, official figures show. The fall ends a three year consiste…
Comments Off
Brazil Finally Signs World Agreement on Sustainable Fishing
Posted in March 11th, 2009
by Editor in Breaking News
The Brazilian government openly backed the Compliance Agreement of the United Nation's (UN) Food and Agriculture Organization (FAO), which aims to promote compliance of international conservation …
Comments Off
Tax Breaks Give Brazilian Auto Sales a Jump
Posted in March 11th, 2009
by Editor in Breaking News
Thanks to a temporary Brazilian government tax break that reduces car prices Brazil's auto sales rose slightly in February, Brazil's National Motor Vehicle Manufacturers Association, Anfavea, …
Comments Off
What Downturn Business Booms in Brazil
Posted in March 11th, 2009
by Editor in Breaking News
The world economy may be going to hell in a handbasket, but you wouldn't know it in Maria Irece da Silva's tiny cosmetics store in the impoverished favela of Jardim Carumbé. "The rich talk abou…
Comments Off
Brazil to oust NGOs considers security threat
Posted in March 11th, 2009
by Editor in Breaking News
BRASILIA: Brazil is preparing to oust scores of foreign aid groups it considers a threat to national security and will restrict foreign ownership in the Amazon, a senior government official said.Forei…
Comments Off
Lawyer expects understanding, co-op between Brazil, China
Posted in March 11th, 2009
by Editor in Breaking News
BRASILIA – Mutual understanding and cooperation between Brazil and China should be enhanced so as to facilitate bilateral trade, Durval de Noronha, founder of Noronha Advogados, a well-known Br…
Comments Off
Equities Rally With Wall Street; Brazil
Posted in March 11th, 2009
by Editor in Breaking News
equity markets surged Tuesday, benefiting from a financial-sector driven rally on Wall Street, and from prices that firmed for some commodities during much of the session.
Comments Off
Brazil Urged by World Trade Organization to Reduce Trade Barriers
Posted in March 11th, 2009
by Editor in Breaking News
The World Trade Organization (WTO) said in a report released this Monday (March 9) that Brazil should further reduce barriers to trade in order to boost its economy, particularly given the global econ…
Comments Off
Thanks to Rain Brazil
Posted in March 11th, 2009
by Editor in Breaking News
Following abundant rains last month, which eased crop damage caused by a drought, soybean and corn output in Brazil this year will drop less than previously forecasted, according to the Brazilian Mini…
Comments Off
Brazil Starts 4-Mile-Deep Extraction of Oil in the Ocean
Posted in March 11th, 2009
by Editor in Breaking News
Petrobras, Brazil's state-controlled oil and gas multinational, will extract its first crude oil from the potentially huge offshore Tupi field find, of late 2007, below the salt layer of the Santo…
Comments Off
Brazil Backpedals and Denies Reprisal Against Argentina
Posted in March 11th, 2009
by Editor in Breaking News
The Brazilian government denied it was thinking on reprisals against Argentina because of the restrictive measures imposed to the access of Brazilian goods and also rejected it had threatened to take …
Comments Off
Recommendations to Obama on Latin America
Posted in March 11th, 2009
by Editor in Breaking News
The Inter American Dialogue, a Washington-based think tank, has released its recommendations on how the Obama administration should manage U.S. policy on Latin America.
Comments Off
U.S. Senator slams Bolivia
Posted in March 11th, 2009
by Editor in Breaking News
The Senate Foreign Relations Committee's top Republican, Richard Lugar, condemned on Tuesday Bolivia's latest expulsion of a US diplomat, as the White House kept mum on the issue.
Comments Off
Alternative outsourcing of IT services includes Australia, Brazil
Posted in March 11th, 2009
by Editor in Breaking News
EMERGING OUTSOURCING HUBS: Companies needing to outsource complicated information-technology services needn't rely on traditional offshore centres in Asia, such as Bangalore or Mumbai, one study says….
Comments Off
China, India, Brazil have roles to play as new donors to Africa
Posted in March 11th, 2009
by Editor in Breaking News
China, India and Brazil on Tuesday were described as potential new donors to Africa and will have important roles to play in efforts to mitigate the impact of the global financial crisis on the contin…
Comments Off
South American ministers urge U.S. to end Cuba embargo
Posted in March 11th, 2009
by Editor in Breaking News
SANTIAGO (Reuters) – Several South American defense ministers on Tuesday urged President Barack Obama to lift the U.S. embargo on Cuba, saying such a move was crucial to improve U.S. ties with the reg…
Comments Off
Ronaldo still on Brazil
Posted in March 11th, 2009
by Editor in Breaking News
Brazil coach Dunga says he will summon Ronaldo if the striker returns to top form. Dunga praised Ronaldo for his return to soccer more than a year after knee surgery, saying the striker will have his…
Comments Off
Wood Group Provides Asset Integrity Solutions in Brazil
Posted in March 11th, 2009
by Editor in Breaking News
International energy services company Wood Group has formed a strategic alliance with Walker Technical Resources LTD ("WTR") to provide asset integrity solutions to the Brazilian market. Ab…
Comments Off
Worldwide Customers Send Airtime to Nuevatel VIVA Mobile Phones in Bolivia with MoreMagic Solutions
Posted in March 11th, 2009
by Editor in Breaking News
LA PAZ, Bolivia and NEWTON, Mass., March 10 /PRNewswire/ — Nuevatel PCS de Bolivia SA, (Nuevatel), a leading mobile communications provider in Bolivia, and MoreMagic Solutions, a leading mobile payme…
Comments Off
Crisis hits Brazilian economic growth
Posted in March 11th, 2009
by Editor in Breaking News
Car production picked up slightly in January and February, but was still much lower than before the crisis, and sales remained flat despite 3.5 billion dollars in
Comments Off
Brazil Petrobras Reports Reconcavo Oil Find to ANP
Posted in March 11th, 2009
by Editor in Breaking News
Brazilian state-run energy giant Petrobras notified regulators late Monday that it found traces of oil in a test well drilled in the Reconcavo Basin. The find was made at the inland REC-T-265 block, …
Comments Off
Ronaldo the Phoenix, again on top of Brazilian football
Posted in March 11th, 2009
by Editor in Breaking News
By Diana Renee, Rio de Janeiro, March 10 : The world of Brazilian football was again at Ronaldo's feet Monday, just hours after the veteran striker proved wrong those who doubted his chances of recove…
Comments Off
Brazil growth slows sharply in 4th quarter amid meltdown
Posted in March 11th, 2009
by Editor in Breaking News
SAO PAULO — Brazil's government says the nation's economic growth slowed sharply in the fourth quarter of last year. Latin America's largest economy expanded 5.1 percent overall in 2008.The IGBE sta…
Comments Off
Citigroup To Sell 82 Million Shares Of Brazil
Posted in March 11th, 2009
by Editor in Breaking News
Citigroup Inc. (C) is planning to sell at least 82 million of its shares in Brazilian credit-card networking services provider Redecard SA (RDCD3.BR) through a secondary offer on the Brazilian Stock…
Comments Off
iPass Expands Latin American Wi-Fi Presence
Posted in March 11th, 2009
by Editor in Breaking News
www.telmex.com/mx/ ). Under the agreement, iPass has integrated more than 1,300 Telmex Wi-Fi hotspots into the iPass Global Broadband Roaming Network. These locations are immediately available for …
Comments Off
Steep fall predicted for Brazilian mining in 2009 – except for gold
Posted in March 11th, 2009
by Editor in Breaking News
Gold output is likely to buck a downward trend in Brazilian mine output in 2009 as investment in new industrial metals mining may fall by 30-40 percent.
Comments Off
A Brazil Case Study – Paul and Gail Hesten
Posted in March 11th, 2009
by Editor in Breaking News
Living in Jersey you can imagine that Paul (52) and Gail (43) Hesten don't feel at home amongst skyscrapers. For this reason the dainty holiday home location of Pipa in northeast Brazil ignited their …
Comments Off
Brazil to set up ministry for women
Posted in March 11th, 2009
by Editor in Breaking News
BRASILIA, March 9 (Xinhua) — A Ministry for Women will be set up to develop specific policies for women and to promote gender equality in Brazil, President Luiz Inacio Lula da Silva said on Monday. …
Comments Off
