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  • Four mn jobs created in two years Brazilian president

    Brazilian President Dilma Rousseff has said that 4.13 million full jobs have been created since the beginning of her administration in January 2011. In her weekly radio show "Breakfast with the President", Rousseff said Monday the achievement was much more significant against the backdrop of the global economic woes, which had seen many developed countries struggling with rising ...

  • Spain not yet on Brazils level Iniesta

    Andres Iniesta says Spain cannot yet claim to be on the same pedestal as Brazil in football's international hierarchy. The Barcelona midfielder has been a key member of a Spain team that has won the two European Championships and the 2010 World Cup. In an interview with Brazilian daily O Globo, Iniesta said Brazil had maintained a unique aura owing to the country's rich football history. "To ...

  • Paraguay becomes South Americas used car paradise

    Paraguay has become the main destination in South America for used cars from Japan, the US and other countries, thanks to new regulations aimed at making it easier to import automobiles so low-income consumers can purchase vehicles. Used cars are all the rage in Paraguay, where vehicles that have been shipped from thousands of kilometers away are put to use as soon as they are repaired and made ...

  • Rousseff has support to raise Brazil mine royalty - Governor

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  • Brazil stadium opens despite cost concerns

    It imposingly sits like a coliseum rising from heat waves radiating from the flatlands of this arid capital city. The massive, new Estadio Nacional de Brasilia was inaugurated here last weekend. With a seating capacity at over 71,000 and a cost of more than $700m it is also one of the largest and costliest stadiums ever built in Brazil. The stadium is the fifth World Cup stadium delivered by ...

Movie Review

Children of Paradise (Les Enfants du paradis) [Blu-Ray]

Often referred to as the French answer to Gone With the Wind (1939) and certainly among the most beloved (if not the most beloved) of French films, Marcel Carn's gorgeous and sprawling Children of Paradise (Les Enfants du paradis) is a lush ro ... ...

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  • Roberto Azevedos WTO appointment gives Brazil a seat at the top table

    Brazil on the international scene. The Brazilian diplomatic corps pulled out all the stops to convince a majority of the 159 member states that their candidate was the right choice. But Azevedo's appointment is also a new departure, this being the first time that a Brazilian has headed one of the key bodies in the postwar Bretton Woods system. The country at last has a seat at the top ...

  • Rumor Sparks Mass Withdrawals Daily

    Bolsa Famlia anti-poverty program was set to close led to hundreds of thousands of families withdrawing the state benefit over the weekend. Caixa Econmica Federal, the state-run bank that organizes the Bolsa Famlia, said R$152 million (around US$75 million) had been taken in some 900,000 withdrawals, the majority of which had taken place in Brazil's north and northeast regions, as well as ...

  • STXNEWS LATAM-Stock rating price target activity in Brazil for Tuesday

    Tue May 21, 2013 9:13am EDT The following is a list of price target and rating activity for Brazilian stocks on Tuesday: 1) Goldman Sachs Group analysts led by Carlos Macedo cut the price target in preferred shares of bank giant Ita Unibanco Holding SA to 39.90 reais from 43.90 reais previously. Macedo and his team maintained a "buy" recommendation on the stock. 2) Analysts at Deutsche ...

  • STXNEWS LATAM-Brazils Cielo faces regulatory noise ahead analysts say

    Tue May 21, 2013 9:09am EDT Analysts at banks including BTG Pactual Group and Bank of America Merrill Lynch expect a decision to make the central bank the watchdog for the merchant acquiring industry. They also expect efforts by lawmakers to curb profits at card payment processors to escalate regulatory-related risks in the industry. A decision by the government to centralize all oversight of ...

  • DB Schenker to Manage DAF Trucks Logistics Operation in Brazil

    has selected DB Schenker in Brazil as its logistics service provider.The Brazilian arm of the global logistics provider will be responsible for export consolidation, supply chain visibility and import logistics in support of DAF Brazil's new truck assembly plant in Ponta Grossa, in the state of Paran. DB Schenker will be responsible for the door-to-door air and ocean transportation between ...

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