Brazil

• Wednesday, February 7th 2007 - 20:00 UTC

  Petrobras begins production in the Gulf of Mexico

  

  Brazil's government managed oil company Petrobras announced the beginning of production at the offshore Cottonwood field in the Gulf of Mexico, United States.

• Wednesday, February 7th 2007 - 20:00 UTC

  Dengue alert issued in S America

  

  A health alert has been declared in Brazil, Paraguay and Bolivia after an outbreak of dengue fever.

• Wednesday, February 7th 2007 - 20:00 UTC

  Rio's Christ Redeemer competes for World Wonders title

  

  In a colorful ceremony full of music and dance, Brazil's Rio do Janeiro officially presented this week the candidacy of the impressive Christ Redeemer on the Corcovado hill as one of the modern world's seven wonders.

• Monday, February 5th 2007 - 20:00 UTC

  Brazilian negotiator pessimistic about Doha round conclusion

  Brazil's chief negotiator at the Doha Round of trade talks at the World Trade Organization (WTO) accused United States of moving “countercurrent” regarding the liberalization of global agricultural trade and expressed uncertainty that negotiations can conclude this year.

• Tuesday, January 30th 2007 - 20:00 UTC

  Lula's 4 year economic plan faces crucial negotiations

  

  Brazilian president Luiz Inacio Lula da Silva called Tuesday for “unity and hard work” from all leaders of the ruling coalition to ensure the quick approval of the economic package recently announced and which is the backbone of his second mandate.

• Saturday, January 27th 2007 - 20:00 UTC

  Lula calls on rich countries to advance global trade reforms

  

  Brazilian President Luiz Inacio Lula da Silva made on Friday an impassioned plea to rich countries to assume their responsibilities in long-struggling global free trade talks helping to achieve a quick agreement.

• Friday, January 26th 2007 - 20:00 UTC

  Sao Paulo celebrates anniversary with 453 meters long cake

  

  Brazil's Sao Paulo, South America's largest and most dynamic city celebrated this week its 453 anniversary with an eight tons cake shared by thousands of residents.

• Tuesday, January 23rd 2007 - 20:00 UTC

  Lula da Silva unveils massive 2007/10 investment plan

  Brazil's president Lula da Silva unveiled on Monday an economic package with the purpose of boosting growth to 5% annually by 2008 through a combination of public and private spending.

• Monday, January 22nd 2007 - 20:00 UTC

  Brazil still far from Investment Grade says Fitch

  Brazil is still far from the much coveted Investment Grade in spite of financial market speculations according to the risk rating agency Fitch Ratings which estimates that the BBB qualification will have to wait “two to three” years.

• Wednesday, January 17th 2007 - 20:00 UTC

  Petrobras begins natural gas off shore production

  

  Brazil's government controlled oil corporation Petrobrás announced this week the start of natural gas production offshore the state of Bahia, which should increase supply in the northeast of the country helping to reduce the strong dependency from Bolivia.