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Brazil

Brazil’s Economic Activity Index Down 1.2 Pct in 2nd Quarter

Brazil’s Economic Activity Index Down 1.2 Pct in 2nd Quarter

Brazil's central bank said its economic activity index, a leading indicator for gross domestic product performance, declined by 1.2 percent in the second quarter relative to the previous three-month period. continue reading »

Brazil to Receive $3 Billion Investment From GM Over 5 Years

Brazil to Receive $3 Billion Investment From GM Over 5 Years

U.S. automaker General Motors plans to invest 6.5 billion reais (nearly $3 billion) in Brazil over the next five years, CEO Mary Barra said. She said after meeting with Brazilian President Dilma Rousseff that GM has a nearly 90-year track record in Brazil and plans to be in the country for the long haul. continue reading »

Brazilian Presidential Candidate Eduardo Campos Dies in Plane Crash

Brazilian Presidential Candidate Eduardo Campos Dies in Plane Crash

Socialist presidential candidate Eduardo Campos was killed in a plane crash Wednesday in Santos, a city in Brazil's Sao Paulo state, party officials told Efe. continue reading »

Shootout in Rio de Janeiro Leaves One Policeman Dead

Shootout in Rio de Janeiro Leaves One Policeman Dead

The death Tuesday of a police officer in a shootout in a Rio de Janeiro shantytown raised to six the number of law enforcement personnel slain this year in Brazil's second-largest city. continue reading »

Sao Paulo and Rio de Janeiro at Odds Over Scarce Water Rights

Sao Paulo and Rio de Janeiro at Odds Over Scarce Water Rights

The governments of Sao Paulo and Rio de Janeiro, Brazil's wealthiest and most populous states, exchanged accusations and litigation threats on Tuesday after the decision by the operators of a dam in Sao Paulo to reduce the flow of a river to guarantee their own access to the water. continue reading »

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 »