RIO DE JANEIRO, July 12 (Reuters) – Rio de Janeiro can
expect about 53.2 billion reais ($34 billion) in private
investments linked to the World Cup and Olympic Games,
outstripping the funding attracted by other recent host cities,
a study showed on Tuesday.

The report by professional services firm PwC said the
biggest investments and job creation would come in
infrastructure and tourism as the Brazilian beach-side city
prepares to host the two massive sports events in 2014 and 2016
respectively.

RIO DE JANEIRO/LIMA (Reuters) – It was a political pilgrimage that surprised no one.

Within days of winning Peru’s presidential election, Ollanta Humala flew to Brazil to learn more about its success over the past decade and meet former President Luiz Inacio Lula da Silva, who inspired Humala’s journey from the radical left toward the political center.

RIO DE JANEIRO (Reuters) – Moody’s Investors Service upgraded Brazil’s sovereign credit rating on Monday, giving a vote of confidence to the government’s efforts to prevent Latin America’s largest economy from overheating.

Moody’s lifted Brazil a notch further into investment grade status to “Baa2″ and retained its positive outlook, underlining the resilience of its economy compared to some European countries that are suffering debt crises and downgrades.

RIO DE JANEIRO, June 20 (Reuters) – Ratings agency Moody’s
Investors Service upgraded Brazil’s sovereign credit rating on
Monday, giving a vote of confidence in the government’s efforts
to prevent Latin America’s largest economy from overheating.

Moody’s lifted Brazil a notch further into investment grade
status to “Baa2″ and retained its positive outlook. The action
underlined the resilience of Brazil’s economy when some
crisis-hit countries in Europe are suffering downgrades.

BRASILIA (Reuters) – Brazil’s President Dilma Rousseff struggled on Wednesday to overcome the loss of her most powerful minister, as new questions emerged over who will lead the fight against rising inflation and rebuild her government’s strained relationship with Congress.

Investors mostly took the departure of Chief of Staff Antonio Palocci in stride a day after he quit in a drawn-out scandal over his sudden enrichment and acquisition of a multimillion-dollar home while he was a lawmaker.