Journalist, Washington D.C.
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Jul 17, 2014

China deepens ties to Brazil, plans to build railways

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
infrastructure.

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.

Jul 17, 2014

China, Brazil close plane, finance, infrastructure deals

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.

Jul 16, 2014

China seeks to build railways in Brazil to ship out 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.

Jul 15, 2014

BRICS set up bank to counter Western hold on global finances

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.

Jul 9, 2014

Brazil’s World Cup debacle hurts but not an election game changer

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.

Jul 5, 2014

Brazil shocked, angered by Neymar’s World Cup injury

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.

Jul 5, 2014

Soccer-Brazil shocked, angered by Neymar’s World Cup injury

BRASILIA/SAO PAULO, July 4 (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.

Jun 21, 2014

Brazil’s Rousseff picked by party for tough election October 5

BRASILIA (Reuters) – Brazil’s ruling Workers’ Party formally nominated President Dilma Rousseff on Saturday to run for re-election in October in what is shaping up to be its toughest race since winning power in 2002.

Rousseff’s popularity is falling because of Brazil’s high cost of living and slowing economy, and she was jeered at the opening game of the soccer World Cup last week.

Jun 19, 2014

Brazil leader’s popularity slips, still favoured to win 2nd term

BRASILIA (Reuters) – Brazilian President Dilma Rousseff’s popularity has continued to fall, though the left-leaning leader is still favoured to clinch re-election in a probable second round of vote, according to a new poll published on Thursday.

For the first time since massive protests broke out a year ago against inadequate public services and corruption, more Brazilian disapprove than approve of her government, including its signature poverty reduction policies.

Jun 19, 2014

Brazil leader’s popularity slips, still favored to win re-election

BRASILIA (Reuters) – Brazilian President Dilma Rousseff’s popularity has continued to slip, though the left-leaning leader is still favored to win re-election in a possible second round of vote, according to a new poll published on Thursday.

Backing for Rousseff’s re-election in October stands at 39 percent of eligible voters. Her main challenger Aecio Neves has the support of 21 percent, while Eduardo Campos has 10 percent, showed the survey by the IBOPE polling institute.