Latest Brazil News
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Three Brazilians die in Turkey hot-air balloon collision
Three Brazilian tourists died on Monday and 22 other people were hurt after two hot-air balloonscollided in a beauty spot in central Turkey, officials ...
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EMERGING MARKETS-Mexico stocks fall to 6-month low Brazil up
MEXICO CITY, May 20 (Reuters) - Mexican stocks slumped to a six-month low on Monday, hurt by weaker than expected growth data last week that dampened the economic outlook for 2013, while Brazilian stocks rose. Mexican stocks have slumped about 11 percent from a record high hit in January, while Brazil has mounted a more than 5 percent recovery from a 9-month low it hit in late April. * The IPC ...
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Soccer-Brazils Confederations Cup stadiums
May 20 (Reuters) - Following are details of the six stadiums that will host the June 15-30 Confederations Cup and test Brazil's capacity to organize next year's World Cup soccer tournament. MARACAN, RIO DE JANEIRO Capacity: 78,639 Cost: 808 million reais ($397.33 million) Maracan is one of the most famous soccer stadiums in the world. Pele scored his 1,000th goal there and ...
More Brazil News
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Saab upgrading bid for Brazil FX-2 contest
Sweden's Saab is upgrading its bid for Brazil's FX-2 jet fighter purchase plan, even as it weighs challenges from rivals Boeing and France's ...
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Brazilian Music Choices for the Novice
My first morning in Brazil, I walked into the FNAC music store on Paulista Avenue in So Paulo's business district and sought the guidance of a few cool looking employees in their 20's. I figured, they'd know what was up. I met Gabriel Vianna and asked him to recommend three Brazilian musicians or bands that are selling well right now. He said female singers are hot in Brazil. ...
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Brazilian Military Leads UN Mission in Democratic Congo
Kinshasa, May 19 (Prensa Latina) Brazilian Lieutenant General Carlos Alberto Dos Santos Cruz will lead the mission of the United Nations Organization Stabilization Mission in the DR Congo (MONUSCO), confirmed today a government statement. The military was appointed on Sunday Commander of that force by the UN secretary general, Ban Ki-moon, replacing Indian General Chander Prakash, whose term ...
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Brazils Stadiums Ready for World Cup Soccer Warm-Up in June
BRASILIA ...
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Brazil trapped by Argentina and Venezuela economic mismanagements
Brazil’s main financial newspaper Valor Economico revealed that the recent summit between Presidents Cristina Fernandez and Dilma Rousseff from Argentina and Brazil was far from polite and enlightening, rather the contrary with "strong disagreements in the fields of trade and investment" shaking the foundations of ...
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Brazil Set to Lift Ban on Imports of EU Cattle Beef
has amended its import regulations regarding bovine spongiform encephalopathy, paving the way for the ban on imports of breeding cattle and beef from the European Union to be lifted.The European Commission applauded the change and encouraged Brazil to bring all of the remaining import conditions related to BSE and imports of animals and animal products in line with international standards. Since ...
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Brazil probes rumour that set off panic run on state bank
BRASILIA (Reuters) - Brazilian President Dilma Rousseff said on Monday she ordered the Federal Police to investigate the source of a rumour that sent thousands of poor Brazilians running to state bank branches seeking payment of a monthly family stipend. A rumour that payments of the Bolsa Familia program would be ended led crowds to line up over the weekend at branches of the Caixa Economica ...
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Bolivia and US Discuss Procedure for Exit of USAID
La Paz, May 20 (Prensa Latina) The government of Bolivia and the US Embassy in this South American country will define the procedure for the exit of the US Agency for International Development (Usaid)from Bolivia. That agency was expelled from Bolivia after accusations of conspiracy against the Bolivian government. Bolivian Presidency Minister Juan Ramon Quintana said this diplomatic mission of ...
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Sony Entertainment Network Offering Music Unlimited Service In Brazil
Sony Network Entertainment International announced that Music Unlimited, the company's cloud-based digital music subscription service, is now live in Brazil. According to a release, the Music Unlimited service offers on- demand access to a global catalog of over 20 million licensed tracks from all major and many leading independent labels across an array of devices including PlayStation3 ...
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Social Madness Meet competitor Giraffas Brazilian Steaks Burgers
Carlos Vanegas, U.S. marketing director for Giraffas Brazilian Steaks & Burgers. Giraffas Brazilian Steaks & Burgers is one of 60 South Florida companies competing in this years Social Madness. U.S. Marketing Director Carlos Vanegas provides insight into the social media strategy for the Miami-based restaurant company. Number of followers: Facebook: 5,641 Twitter: ...
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HandM considering production in South America and Africa CEO
STOCKHOLM--Swedish fashion giant H&M is considering starting production in South America and Africa, chief executive Karl-Johan Persson told the Financial Times in an interview published on ...
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Harper escapes to South America
More allegations of questionable accounting from Duffy as critics step up attack OTTAWA -- Prime Minister Stephen Harper darts off to South America Tuesday as his party and office attempt to put a lid on an explosive Senate firestorm at home. Harper will dodge the direct ire of opposition parties this week, which will demand answers after his chief of staff Nigel Wright resigned and Senators ...
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Bolivia Social Movements Take to Streets Rejecting Union Strike
La Paz, May 20 (Prensa Latina) Unions and social organizations took the streets today to reject the strike that has kept the country on standby for 15 days. Workers, mainly peasants, women and Aymara alternative groups responded to a call by President Evo Morales last week, when he called for "defending democracy and the change process" as a response to what he considered an attempted ...
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Research and Markets Caustic Soda and Potassium Hydroxide Market in Brazil Business Report 2013
"Caustic Soda and Potassium Hydroxide Market in Brazil: Business Report 2013" report to their offering. This report is a comprehensive research of woodworking industry in Brazil. The first two chapters of the report feature the country profile by giving general information on Brazil and by thoroughly studying its economic state, (including key macroeconomic indicators ...
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Brazilian tourists killed in hot air balloon crash in Cappadocia have been identified.
Brazilian tourists killed in hot air balloon crash in Cappadocia have been identified. NEVSEHIR - A hot air balloon crashed early morning after colliding in mid-air with another balloon in Turkey`s popular tourist destination of Cappadocia, killing three Brazilian nationals and injuring 22, authorities said.Brazilian tourists killed in hot air balloon crash are Ellem Kohelman (76), Maria Luiza ...
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Brazilian Govt Has Created More than 4 Million Jobs since 2011
Brasilia, May 20 (Prensa Latina) Brazilian President Dilma Rousseff, stated today that more than four million new formal jobs have been created since 2011, an important step in reducing inequality in the country. More jobs and wage increases are key factors for reducing inequalities in the country, Rousseff stressed today in her weekly radio program, "Coffee with the President." ...
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Gerdau adding 40 jobs in Knox County
Gerdau Ameristeel has recently become a Department of Energy-certified Energy Champion. The Knoxville plant and another, which recycle scrap metal to make rebar, reduced natural gas useage by 46 percent and energy use overall by 19 percent. Photos for Business Journal shot Monday, Jun. 7, ...
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EMERGING MARKETS-Brazil stocks sink following weak earnings
* Brazilian companies posted avg 12.3 pct drop in Q1 income * Expiration of share options leaves Bovespa volatile * Brazil Bovespa falls 0.76 pct, Mexico IPC down 0.38 pct By Danielle Assalve SAO PAULO, May 20 (Reuters) - Brazilian stocks dropped on Monday as investors reevaluated their positions in local shares following a disappointing first-quarter earnings season. Mexico's IPC index ...
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Brazil Swap Rates Drop as Lower Growth Forecast Real Advances
Brazil 's swap rates fell for the first time in a week as analysts surveyed by the central bank lowered their economic growth forecast, fueling speculation policy makers will limit increases of borrowing costs. Swap rates on the contract due in January 2015 dropped two basis points, or 0.02 percentage point, to 8.50 percent at 9:47 a.m. in Sao Paulo. The real appreciated 0.1 percent ...
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UBS names Sylvia Coutinho as head of Brazilian unit
Mon May 20, 2013 9:36am EDT * UBS stepping up brokerage and advisory efforts * Coutinho held key Latam leadership posts at HSBC * Outgoing UBS Brazil chief Salles to retire SAO PAULO, May 20 (Reuters) - UBS AG on Monday appointed Sylvia Coutinho as chief executive officer for its unit in Brazil, where the bank is stepping up its focus on brokerage and advisory work. Coutinho, who most recently ...
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Rumors Spark Brazil Bank Run
Rumors that Brazil's social security fund called Bolsa Familia was to be cancelled led thousands of people to rush to withdraw money from a Brazilian bank over the weekend. Customers lined up at ATMs at dozens of bank branches of Caixa Economica Federal, a government-owned bank, which pays the social security subsidy on Saturday and Sunday. "The bank branches themselves aren't ...
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RPT-Fitch Brazilian consumer credit expected to expand
Mon May 20, 2013 9:23am EDT (Repeat for Additional Subscribers) May 20 (Reuters) - (The following statement was released by the rating agency) Consumption by Brazilian consumers will continue to expand and further increase the demand for credit in 2013 and 2014. However, this is contingent upon the resumption of sustainable economic growth, according to a new Fitch Ratings ...
Rio de Janeiro Digest
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Rio's uphill battle to host the Games
Rio de Janeiro has many aspects, it is the party capital of Brazil, the internationally recognized face of the country, the most visited city in Brazil, the crime capital of South America, a city with some of the highest drug use statistics and, more recently, the host city of the 2016 Summer Olympics. Winning that particular war has not been easy.
Rio de Janeiro, this bustling city of 6 million people (14 million if one includes the greater metro area) is the second largest city in Brazil and is famous for its statue Christ the Redeemer, which sits atop Corcovado Mountain and has looked down upon the city for almost 100 years. It is also famous for the internationally known Carnivale, the city’s samba schools, the fabulous beaches that grace our shoreline and Sugarloaf Mountain with its ancient cable car. Read more
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