News from Brazil

Politics & Government

In Uncategorized on May 16, 2010 at 11:16 am



Dilma Rousseff is Brazil’s ruling Workers’ Party candidate in October’s presidential election and was President Luiz Inacio Lula da Silva’s former chief of staff. She trails her main rival, former Sao Paulo state governor Jose Serra of the centrist opposition PSDB party. But most analysts make Rousseff the favorite because she can count on support from the hugely popular Lula and will be helped by a rebounding economy. Read about her policies at Reuters.

Comments by candidate Jose Serra on a series of key campaign issues can be found at Reuters as well.


Although Europe is still Latin America’s biggest aid donor and foreign investor, its trade with the region has grown much more slowly than China’s over the past decade. Moreover, the global balance of power is starting to shift to countries like Brazil (The Economist).

Brazil and Iran are likely to sign a memorandum which would open the way for Brazilian companies to participate in the modernization of Iran’s oil sector, the head of Brazil’s energy regulator said (Reuters).

Brazil’s Iran Diplomacy Worries U.S. Officials, the New York Times reported.

In the last days of his tenure, the Brazilian president is reaching for his crowning foreign-policy glory. Will it go horribly, horribly wrong? (Foreign Policy).

President Luiz Inacio Lula da Silva called for closer business and investment ties with Russia, saying the two BRIC states should use their own currencies for trade, not the dollar. “From 2002 to 2008, trade between Russia and Brazil grew five times,” Lula said in a speech to a business forum during a visit to Russia (Reuters).

A Business Centre to promote the internationalization of Brazilian companies will be launched in Moscow by the Brazilian Agency for Export Promotion and Investment, Apex-Brazil (Brazil Global).

India and Brazil launched a trade dispute against the European Union and the Netherlands, saying their seizures of generic drugs were hurting healthcare in poor countries and disrupting international trade (Reuters).

Finance Minister Guido Mantega urged the United States to raise interest rates and allow the U.S. dollar to appreciate as a way of combating global economic imbalances (Reuters).


Selex Galileo and Brazil’s ATMOS Sistemas have concluded an agreement to establish ATMOS as the Brazilian active electronically scanned array (AESA) radar centre of excellence. The agreement, which follows a memorandum of understanding (MoU) announced in January, will see the two companies collaborate in the development of the Vixen 1000E/ES05 Raven AESA radar for the Saab JAS 39 Gripen NG combat aircraft (Jane’s).

Russia is discussing the sale of air- defense systems to Brazil, Mikhail Dmitriev, head of the Federal Service for Military-Technical Cooperation said. Russia is also discussing the possible delivery of additional Mi-35 attack helicopters to Brazil (Bloomberg).


Brazil’s government plans to cut 31.5 billion reais ($17.77 billion) from its 2010 budget, seeking to put the brakes on a red-hot expansion that has stoked inflation in Latin America’s largest economy (Reuters).


The Supreme Court has rejected a motion to modify an amnesty law so that officials accused of human-rights abuses under Brazil’s military dictatorship would have to stand trial (New York Times).


The BP oil leak raises questions as regards the preparedness of Brazil to exploit its recently discovered oil fields. The Minister of Environment, Izabella Teixeira met with the Secretary of State for the Environment Marilene Ramos, to discuss preventive strategies for Brazil as regards oil extraction (The Rio Times).


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