Brazil’s ‘glowing’ fiscal transparency
Brazil's fiscal transparency is one of the best in the world, its minister of planning has stated.
Miriam Belchior noted that the South American country has made massive progress since its "re-democratisation", investing in the mechanism needed to be transparent.
Brazil’s congress set to vote yes for Forest Code changes
As Brazil's congress prepares to vote on changes to the Forest Code, activists have cautioned that any advancement made in halting the devastating effects of deforestation in the Amazon rainforest could be cancelled out.
The bill, which has already been approved by the South American country's senate, is supported by the agricultural lobby, which has argued that the changes remedy the draconian measures that have long harmed farmers.
Brazil cuts interest rate again
The Brazilian government has reduced its benchmark interest rate to a massive low this week as it attempts to inject vigour in its economy.
Its central government made the decision to cut the rate to nine per cent, the lowest it has been for two years – and petering on the edge of a historic low – as well as representing the sixth successive decrease.
Petrobas: Oil prices are going to have to go up
The new chief executive officer of Petrobas is putting her skills to the test by raising the domestic price of oil.
Seen as a risky move, the hike in diesel and gasoline by Maria das Gracas Foster will need to be approved by the government.
Missouri and Sao Paulo cement trade ties
The governor of Missouri has signed a lucrative deal with the governor of Sao Paulo in a move that strengthens ties between the US state and the largest city in Brazil.
Jay Nixon travelled over to the South American country to meet Geraldo Jose Rodrigues Alckmin and iron out the details of the agreement between the Missouri Department of Economic Development and the International Affairs Office.
Jose Sarney recovering after heart operation
One of Brazil's former presidents, who served as leader of the country between 1985 and 1990, is recovering in an intensive care unit in a Sao Paulo hospital after undergoing heart surgery.
Jose Sarney, 81, who is currently a member of Brazil's congress, was admitted to hospital after experiencing chest pains.
Brazil focuses on domestic economy
Brazil is looking to do more to invest in its domestic economy to keep its growth ticking over nicely, the country's finance minister has announced.
Guido Mantega revealed last week that it is looking at implementing measures that "bolster domestic consumption" and make certain that local industries are able to competitively operate in a fruitful market, Reuters reported.
Dilma Rousseff: We want US to invest more in Brazil
The Brazilian president has urged her US counterpart to invest more in the emerging economy.
Dilma Rousseff, who recently met up with Barack Obama, who is busy readying himself for his re-election campaign to serve a second term, said that although trade between the two is reaching "record levels" more can be done.
Cisco invests in Brazil’s technical future
A US multinational company is to work with Senac Rio to deliver a new program to help both students and professionals in Brazil.
Cisco will offer its skill and expertise in a collaborative project dubbed the Workforce Transformation Program, which recognises the need to develop a skilled workforce in IT.
Lula eyes a return to politics after beating cancer
Brazil's former president has revealed that his treatment for throat cancer has been a success after doctor's informed the political giant that tests have shown the absence of a "visible tumour".
Luiz Inacio Lula da Silva, credited with bringing Brazil into the 21st century through political and economic reform, was diagnosed with throat cancer last October, following which he underwent chemotherapy and radiation therapy treatment.
