BRASILIA, Aug 1 (Reuters) – Japan’s Prime Minister Shinzo
Abe touted the success of his economic policies on a visit to
Brazil on Friday and said it was time for the two nations to
expand their trade and investment partnership.
On the first visit to Brazil in a decade by a Japanese prime
minister, Japanese banks extended $700 million in loans to boost
Brazilian soy and corn exports to Japan and build ship platforms
for Brazil’s burgeoning offshore oil industry.
BRASILIA (Reuters) – High inflation should not keep Brazilian President Dilma Rousseff from getting re-elected in October because wage earners have been cushioned by social gains made during a decade of Workers’ Party rule, the party’s boss said.
“It’s better to live with somewhat higher inflation that will come down in time than to have to sacrifice your job,” Workers’ Party President Rui Falcão told Reuters on Tuesday. “There is inflation, but you have your home, your children go to university, and there is work.”
BRASILIA (Reuters) – Brazilian President Dilma Rousseff until recently appeared to be cruising towards re-election in October but she now finds herself in a tight race as an already sluggish economy takes a turn for the worse.
Economic growth, slow for most of her term, looks even less promising this year with economists expecting a contraction in the second quarter.
BRASILIA, July 17 (Reuters) – Support for Brazilian
President Dilma Rousseff has slipped in the last two weeks and
she is statistically tied with her main challenger in a
second-round runoff, a poll released on Thursday showed.
Rousseff’s support dropped to 36 percent among voters from
38 percent at the beginning of July, as Brazil prepares for
elections in October, according to the Datafolha poll.
BRASILIA, July 17 (Reuters) – China expanded its trade
partnership with Brazil on Thursday with $7.5 billion in
financing for Brazilian miner Vale, the purchase of 60 passenger
jets from planemaker Embraer and renewed commitment to invest in
In a raft of energy, finance and industry accords signed
before presidents Xi Jinping and Dilma Rousseff, the two nations
agreed to team up to build railways to help Brazil reduce its
infrastructure deficit and feed China’s hunger for commodities.
BRASILIA (Reuters) – China and Brazil sealed their expanding commercial partnership on Thursday with a $5 billion credit line for Brazilian miner Vale and the purchase of 60 passenger jets from Brazilian planemaker Embraer.
In a raft of energy, finance and industry accords signed before presidents Xi Jinping and Dilma Rousseff, the two nations agreed to join forces to build railways to help Brazil cut its infrastructure deficit and feed China’s appetite for commodities.
BRASILIA (Reuters) – Brazil hopes that during a visit by Chinese President Xi Jinping it can boost ties with its biggest trade partner beyond the exchange of commodities for manufactured goods, but that may be wishful thinking.
Accords China will sign with Brazil when Xi meets with President Dilma Rousseff on Thursday focus on improving infrastructure to make sure raw materials China is hungry for make it to port, with railways a top priority.
FORTALEZA Brazil (Reuters) – Leaders of the BRICS emerging market nations launched a $100-billion development bank and a currency reserve pool on Tuesday in their first concrete step toward reshaping the Western-dominated international financial system.
The bank aimed at funding infrastructure projects in developing nations will be based in Shanghai and India will preside over its operations for the first five years, followed by Brazil and then Russia, leaders of the five-nation group announced at a summit.
BRASILIA (Reuters) – Brazil’s World Cup trouncing by Germany threw a bucket of cold water on a nation that was starting to feel good about hosting the tournament but the humiliating defeat is unlikely to be a game changer in October’s presidential election.
Before the crushing 7-1 defeat on Tuesday, President Dilma Rousseff’s approval ratings had crept higher as Brazilians got caught up in the excitement of seeing their team advance to the semi-finals in a World Cup that has been widely praised for its riveting action on the field and generally good logistics.
BRASILIA/SAO PAULO (Reuters) – Neymar’s exit from the World Cup due to a back injury left Brazilians shocked and angered on Friday, darkening the mood after the hosts’ 2-1 win over Colombia in the quarter-finals had sparked nationwide celebrations.
The loss of their star player has dented Brazil’s chances of winning a record-extending sixth World Cup, and first on home soil, and left Brazilians wondering who can replace him for Tuesday’s semi-final showdown with Germany.