News from Brazil

Brazil Politics & Government News

In Brazil on February 25, 2011 at 5:17 pm

POLITICS

Federal prosecutors in Brazil say they are opening a case against former President Luiz Inacio Lula da Silva for alleged misuse of public funds (BBC).

Brazil’s economy will pick up speed in 2012, said President Dilma Rousseff addressing northeast governors concerned that recent announced budget cuts could limit economic activity and support for the area that depends from federal handouts (Mercopress).

Brazil is at risk of growing less than 4 percent this year because of faster inflation and instability in the international economy, newspaper Folha de S.Paulo reported, citing unidentified advisers of President Dilma Rousseff (Bloomberg).

Brazil’s Senate approved a government proposal to limit a minimum wage rise, consolidating President Dilma Rousseff’s congressional majority and reinforcing efforts to cap spending (Reuters).

TWITTER & LINKEDIN

You can also follow Brazil Weekly on Twitter at brazilweekly.

Be very welcome to join the Brazil Weekly networking and discussion group on Linkedin: Click here.

INTERNATIONAL

Argentina’s government assured its largest trading partner, Brazil, that recent measures to restrict imports won’t damage trade relations between the two South American countries (Dow Jones).

Reuters presents a lengthy Special Report: In Africa, can Brazil be the anti-China?

Brazil works hard to increase trade with Africa. Reuters lists the big players.

DEFENSE

Brazil is postponing a long-awaited decision on a multi-billion-dollar purchase of 36 fighter jets until next year as a result of massive budget cuts, a Brazilian newspaper reported (Defense News).

Brazil would receive a “significant technology transfer” if it buys U.S.-made fighter jets, a U.S. Defense Department official said, seeking to ease concerns before Brazil selects a winning bidder (Defense News).

Embraer presented the first of three EMB 145 Airborne Early Warning and Control (AEW&C) platforms to representatives of the Indian government at a ceremony held at its headquarters in São José dos Campos, Brazil (Embraer).

Brazil defense budget cuts will reduce funding for KC-390 military transport planes being developed by Embraer SA, Folha de S.Paulo reported, citing an interview with Brazil Air Force Commander Juniti Saito (Bloomberg).

SOCIAL

Half a million Brazilians were murdered between 1998 and 2008. Brazil is the sixth most murderous country in a list of 100 nations around the world, according to a new study (Mercopress).

SPLIT SECOND POLLS

Advertisements