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  • Real Madrid sign Casemiro

    Spanish football club Real Madrid has exercised its option of signing Sao Paulo loanee Casemiro on a permanent deal. The 21-year-old joined the Spanish giants on loan in January and made his Liga debut in a 3-1 victory over Real Betis at the Santiago Bernabeu April 19, reports Xinhua. A series of impressive performances for Real Madrid Castilla in Spain's second tier convinced club president ...

  • Ferdinand happy to sign new contract with Man U

    Manchester United defender Rio Ferdinand has signed a one-year contract extension and expressed his delight over the deal on Twitter. He said that he is living his dream of working with the club for the next season. Ferdinand, whose contract was due to expire this summer, signed the deal to play under new United manager David Moyes, The Mirror reports. Ferdinand said he felt happy to continue ...

  • Mexican woman gets first transplant of ovaries in Latin America

    A Mexican woman received Latin America's first transplant of ovaries in a hospital in the western city of Guadalajara, the director of the Mexican Infertility Institute, Luis Arturo Ruvalcaba, announced. Ruvalcaba told EFE by telephone that the patient is a 32-year-old women who had developed cervical and uterine cancer that was detected and treated in France. "The ethics committee of the ...

  • Brazil to hold oil auction

    Brazil's first auction of contracts to develop offshore oil and gas reserves in the pre-salt region will be held in October, or earlier than previously scheduled, the government said Thursday. The government's National Council for Energy Policy authorized the change. Rights to develop blocks in the Libra field, which is estimated to hold between 8-12 billion barrels of recoverable oil, will be ...

  • Social Program Contributes to Reduced Infant Mortality in Brazil

    Brasilia, May 24 (Prensa Latina) Research to review the impact of the Bolsa Familia program in Brazil reveals that this helped reduce the mortality rate among children under the age of five by 17 percent between 2004 and 2009. Data provided by the Minister of Social Development and the Fight aganinst Hunger, Tereza Campello, confirms that Bolsa Familia, which delivers 70 reales (33 dollars) to ...

Movie Review

Wall Street: Money Never Sleeps

Wall Street: Money Never Sleeps

A decade ago, Oliver Stone was the premiere cinematic chronicler of the recent American past. No filmmaker better nailed the anxieties and failed dreams of the 1960s and, more importantly, the remorse that followed, than Stone did in Platoon (1986), Born on the Fourth of Ju ... ...

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  • Brazilian deal for water recycler

    Northern Ireland firm specialising in recycling water used to wash tomatoes has won a major contract with a food producer in Brazil, it has been ...

  • Brazil’s Personal Loan Default Rate Falls for Fourth Month

    Brazil 's consumer-loan default rate fell for the fourth straight month in April as borrowing costs declined in a move that may stimulate banks to boost lending. The consumer default rate fell to 7.5 percent in April from 7.6 percent the month prior, the lowest level since November 2011, the central bank said in a report distributed today in Brasilia. "We are starting to see the ...

  • Giant fuel depot blaze on northern outskirts of Rio de Janeiro kills one

    RIO DE JANEIRO - One person was killed in a spectacular fire that broke out in a fuel depot on the northern edge of Rio de Janeiro and spread to nearby homes Thursday. Six giant fuel containers at the storage site caught fire, sending giant flames up to 50 meters high leaping into the air and columns of thick smoke far into the sky that could be seen kilometers away. The victim was a ...

  • Emerging market flows update – Brazil=“Have Not”

    PLND , quote ) a large underperformer in Global Emerging Markets (GEM) this year is seeing fresh allocation interest.The "have nots" continue to be laggards:Brazil ...

  • Brazil Swap Rates Rise on Sign of U.S. Recovery Real Declines

    U.S. economy is rebounding fueled speculation that local policy makers will step up increases in borrowing costs to curb inflation. Swap rates on the contract due in January 2015 rose four basis points, or 0.04 percentage point, to 8.59 percent at 10:15 a.m. ...

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