Brazil dam break kills 5, leaves 4 missing
Comments OffRescue workers on Friday found the body of another Brazilian killed after a dam ruptured, raising the death count to at least five with four people still missing.
Authorities in the northeastern state of Piaui reduced the count of missing from a previous estimate of 11 after seven people were located.
Civil defense officials also said [...]
China, Brazil Sign Oil Deal
Comments OffChina has agreed to lend $10 billion to Brazil’s Petrobras, in return for guaranteed oil supply over the next decade. The deal was among a host of agreements signed during Brazilian President Luiz Inacio Lula da Silva’s state visit to China, which ends Wednesday.
Brazil’s president Luiz Inacio Lula da Silva toasts with China’s President [...]
Brazil currency gains "cause for concern"
Comments OffRally in Brazil’s real a “cause for concern”
* Mantega sees c.bank continuing to buy dollars
* Brazil interest rates should continue to fall (Adds currency performance, central bank interventions)
SAO PAULO, May 22 (Reuters) – Recent gains in the Brazilian currency BRBY are a “cause for concern,” but also reflect international investors’ growing interest in the nation’s [...]
Brazil leader makes passionate bid for Olympics
Comments OffPresident Luiz Inacio Lula da Silva made an impassioned pitch to host the 2016 Olympics on Thursday, saying Brazil deserves to host the games and not be treated like a “second-class citizen.”
This week the International Olympic Committee evaluation team is touring Rio de Janeiro, which along with Chicago, Madrid and Tokyo is a finalist to [...]
