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Brazil

Brazil

Brazil’s Economic Growth Forecast Cut for 2014 and 2015

Brazil’s Economic Growth Forecast Cut for 2014 and 2015

Private sector analysts have cut their 2014 growth forecasts for Brazil's economy to 0.81 percent from 0.86 percent last week, marking the 11th straight week of downward revisions, the Central Bank said Monday. continue reading »

Petrobras’ Net Income Drops 20 Percent

Petrobras’ Net Income Drops 20 Percent

Brazilian state-controlled oil company Petrobras posted net income of 4.96 billion reais (some $2.17 billion) in the second quarter, down 20 percent from the same period of 2013. continue reading »

Someone Used Brazilian President’s Server to Slam Journalists on Wikipedia

Someone Used Brazilian President’s Server to Slam Journalists on Wikipedia

A person with access to the Internet server in the office of Brazilian President Dilma Rousseff altered the profiles of two journalists on Wikipedia by adding several criticisms and falsehoods, O Globo newspaper said Friday. continue reading »

South America Welcomes First Gorilla Born in Captivity

South America Welcomes First Gorilla Born in Captivity

The zoo in Belo Horizonte, the capital of Brazil's Minas Gerais state, is the home of the first gorilla born in captivity in South America, the Fundacion Zoo-Botanica said. continue reading »

Japan Loans Brazil $700 Million

Japan Loans Brazil $700 Million

Japanese Prime Minister Shinzo Abe met here Friday with Brazilian President Dilma Rousseff as part of a visit in which loan deals amounting to $700 million were signed for Brazil's agri-business and oil sectors. continue reading »

Petrobras Stops Production at Offshore Rig after Fire, Spill Near Brazil

Petrobras Stops Production at Offshore Rig after Fire, Spill Near Brazil

Brazilian state-controlled energy giant Petrobras halted production at its PNA-1 platform off the coast of the southeastern state of Rio de Janeiro after a fire broke out and oily water spilled, the Sindipetro NF oil workers union said Thursday. continue reading »

Brazilian Group Captures First Contact with Indian Tribe (VIDEO)

Brazilian Group Captures First Contact with Indian Tribe (VIDEO)

A video released by Brazil's National Indian Foundation, or FUNAI, shows an isolated Indian tribe's first contact with civilization in Acre, a state on the border with Peru, and how the Indians interact with a nearby indigenous community. continue reading »

Italy to Extradite Convicted Organ-Trafficker to Brazil

Italy to Extradite Convicted Organ-Trafficker to Brazil

Italy has agreed to extradite an Israeli army reservist who was convicted in Brazil of organ trafficking, Brazilian authorities said Wednesday. continue reading »

Buenos Aires, Sao Paulo and Mexico City Universities Sign Accord

Buenos Aires, Sao Paulo and Mexico City Universities Sign Accord

The presidents of the University of Buenos Aires, or UBA, the National Autonomous University of Mexico, or UNAM, and the University of Sao Paulo, or USP, on Tuesday signed a cooperation agreement governing the recognition of titles, student exchanges and cooperation in finding financing sources. continue reading »

Human Rights Watch Denounces Police Torture in Brazil

Human Rights Watch Denounces Police Torture in Brazil

Human Rights Watch on Monday reported 64 cases of torture and human rights violations by Brazilian police over the past four years. continue reading »

Gunmen Kill 5 People At Bar in Sao Paulo

Gunmen Kill 5 People At Bar in Sao Paulo

At least five people were shot and killed Saturday and another was wounded by gunmen at a bar in the Brazilian city of Carapicuiba, in the Sao Paulo metropolitan area. continue reading »

Brazil’s Petrobras Looking to Sell Argentine Assets

Brazil’s Petrobras Looking to Sell Argentine Assets

Brazilian state-controlled oil giant Petrobras is once again looking to divest assets in Argentina, including oil fields in that country's southern region that yield 20,000 barrels of crude per day, Argentine media outlets said Friday. continue reading »

Brazilian Court Exonerates Rousseff From Petrobras Refinery Deal

Brazilian Court Exonerates Rousseff From Petrobras Refinery Deal

Brazil's federal audit tribunal said Wednesday that President Dilma Rousseff bore no responsibility for state-controlled oil giant Petrobras' ultimately disastrous acquisition of a U.S. refinery in 2006. continue reading »

Brazilian Police Implicated in Killing of Teen Robbery Suspect

Brazilian Police Implicated in Killing of Teen Robbery Suspect

Brazilian authorities are investigating two police officers in last month's killing of a 14-year-old boy in Rio de Janeiro, public safety officials said Tuesday. continue reading »

Carlos “Dunga” Verri to Return as Brazil’s National Soccer Team Coach

Carlos “Dunga” Verri to Return as Brazil’s National Soccer Team Coach

Carlos Caetano "Dunga" Bledorn Verri, who played on three Brazilian World Cup squads, was named Tuesday as the national soccer team's new coach. continue reading »