News from Brazil

Politics & Government

In Uncategorized on June 6, 2010 at 9:40 am

POLITICAL RISK

Brazil’s presidential election in October looks less risky to investors than any other in the last quarter of a century and the economy has bounced back after a brief recession, but there are still investment risks to watch in Brazil this year. Read on at Reuters.

ELECTIONS

Brazil’s former Cabinet Chief Dilma Rousseff has pulled into a tie with former Sao Paulo opposition governor Jose Serra ahead of October’s presidential election, according to an O Globo and Estado de S. Paulo survey (Bloomberg).

DEFENCE

Last week’s Brazil Weekly’s poll on the question of whether Brazil should have a nuclear bomb yielded some surprising results. You, Brazil experts and policymakers, are well divided on the subject. About 45 % of you are downright opposed to a Brazilian bomb, while 23 % are in favour and think a bomb fits Brazil’s new great powers status. Some 25 % of you think Brazil should not yet make the bomb, but instead make preparations for its production, just in case…. A small minority of you (8%) think Brazil already has the bomb. The poll is now closed:

EADS, European Aeronautic, Defence & Space Co., said it agreed a joint venture wih Odebrecht to target the defense and security market in Brazil (EADS).

FOREIGN AFFAIRS

Brazil will send a team of experts to the United States to seek clarification about the methods it uses to test processed meat imports for residues, the agriculture ministry said (Reuters).

Brazil asked South Korea’s sovereign wealth fund to boost investment in real-denominated bonds to strengthen financial ties between the countries (Bloomberg).

Could Turkey and Brazil end the siege of Gaza? Read some thoughts at The Huffington Post.

Brazilian President Luiz Inacio Lula da Silva has launched TV Brasil, a new Portuguese-language network based in Mozambique’s capital Maputo and tasked with “saying good things” about Brazil (Franc24).

SPLIT SECOND POLL

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