News from Brazil

Brazil Politics & Government News

In Brazil on May 20, 2011 at 8:44 am

POLITICS

Revelations of a several times surge in the personal wealth of Brazilian government’s influential chief of staff Antonio Palocci have triggered controversy and could drag on and become a major headache for President Dilma Rousseff (MercoPress).

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INTERNATIONAL

Norwegian business ties with Brazil are rapidly expanding, especially in the areas of shipping, and the booming oil and gas industry. Norway ranks number seven on Brazil’s list of most important trading partners, and in 2010 the total trade between the two countries increased 47 percent from 2009 to US$2 billion (The Rio Times).

China, India and Brazil are poised to fuel an explosion in international tourism in the coming years helping to create jobs in countries ready for it, and trouble for those that lag, industry leaders say (MercoPress).

Brazil believes the next head of the International Monetary Fund should come from a large emerging market country, but does not plan to pressure actively on the issue because Europe is likely to keep its “stranglehold” on the job, a senior government official told Reuters.

China moved to smooth its lopsided economic relations with Brazil, saying it was open to more Brazilian exports and that Chinese firms will broaden their investments in Latin America’s largest economy (Reuters).

Uruguay and Brazil are making progress in negotiations on an agreement that will set up a viable bilateral exchange of electricity, Uruguay’s national director of energy Ramon Mendez said (Xinhua).

Trade between Russia and Brazil grew 28 percent last year, laying a good foundation for bilateral cooperation, Russian Prime Minister Vladimir Putin told Brazilian Vice President Michel Temer (Xinhua).

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DEFENSE & SECURITY

President Dilma Rousseff revealed this week that the purchase of 36 fighter jets for the country’s Air Force and involving billions of dollars but which has been postponed for years will be made in 2012 (MercoPress).

Some 4,500 troops from Brazil’s Navy, Army and Air Force will participate in a joint military exercise in the Amazon region from May 23 to June 3, Brazil’s Defense Ministry said (Xinhua).

SOCIAL

A nanny revolution is shattering the colonial stereotype of inexpensive but dedicated domestic help in Latin America. As their expectations for a better quality of life rise, nannies are increasingly seeking to work for the very wealthy and becoming less affordable for many middle-class families. The shift is causing ripples of class tension, posing a nettlesome problem in a society in which more women are entering the work force without the sort of elaborate system of day care that exists in some industrialized nations (New York Times).

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