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  • Ukrainian clubs target Brazil winger Osvaldo

    Brazil international winger Osvaldo is reportedly a summer transfer target of Ukraine's Shakhtar Donetsk and Metalist Kharkiv. The 26-year-old has been in impressive form for Brazilian club Sao Paulo and has twice been capped by Brazil coach Luiz Felipe Scolari this year, reports XInhua. Sao Paulo have reportedly already received preliminary offers for Osvaldo from both clubs, considered two ...

  • I want to stay at Botafogo Seedorf

    Dutch veteran footballer Clarence Seedorf says he has no plans to leave Botafogo before his contract expires in July next year. The 37-year-old has been touted as a candidate to replace under-pressure AC Milan coach Massimiliano Allegri following the club's third place in Italy's Serie A this season, reports Xinhua. But the former Netherlands international says he is focused on helping ...

  • Neymar to join Barcelona in July Reports

    Brazilian striker Neymar has agreed in principle to join Barcelona, July 1. The 21-year-old striker is understood to have signed a deal last week to join the Spanish giants following the Confederations Cup in Brazil, reports Xinhua. Neymar's current club Santos could ratify the deal Wednesday. As anticipation surrounding the move intensified, Barcelona star Lionel Messi said Neymar would be a ...

  • Brazils Embraer to sell 40 jets to US airline

    Brazilian aircraft manufacturer Embraer said Tuesday it reached a deal to sell 40 E175 passenger jets to US airline SkyWest for nearly $1.7 billion. The planes have a seating capacity of up to 76 passengers. An additional 60 orders are subject to SkyWest being awarded contracts with major US airline partners, while the agreement also includes options for 100 other E175s, meaning the deal could ...

  • Brazil announces 13 bln USD budget cut for 2013

    The budget cut aims to help the government achieve the primary surplus goal, which was established at 155.9 billion reais (76 billion U.S. dollars) for the year under review, which represents 3.2 percent of Brazil's GDP, Planning and Budget Minister Miriam Belchior ...

Movie Review

Smilla's Sense of Snow

"Smilla's Sense of Snow" is just over two hours long, and for the first hour and a half it is a frustrating, yet intriguing piece of cinema. It develops characters that are interesting, if not always appealing, and spins a fascinating murder-mystery around the death of a six-year-old boy. And then, just when we think we may be viewing a strange masterpiece, it completely falls apart in the last ha ... ...

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  • A Design Collective Creates Its Own Economy In El Salvador

    The Carrot Concept is a multi-disciplinary design collective of artists, architects, and entrepreneurs in El Salvador. They launched their first collection during this past weekend's New York Design ...

  • Cars made in Brazil are deadly

    The cars roll endlessly off the local assembly lines of the industry's biggest automakers, more than 10,000 a day, into the eager hands of Brazil's new middle class. The shiny new Fords, Fiats, and Chevrolets tell the tale of an economy in full bloom that now boasts the fourth largest auto market in the world. What happens once those vehicles hit the streets, however, is shaping up ...

  • Little done in Brazil to improve safety after fire

    FILE - In this Jan. 27, 2013 file photo, firefighters work to douse a fire at the Kiss Club in Santa Maria city, Rio Grande do Sul state, Brazil. Relatives of the victims of the nightclub fire that earlier this year killed 242 people in southern Brazil, said on Wednesday, May 22, 2013 that little has been done to improve the safety of public gathering places since the tragedy. (AP Photo/Agencia ...

  • New Paraguay leaders promise more free milk

    ASUNCION, Paraguay -; Paraguay exports enough soy, wheat and corn to feed 80 million people, more than 10 times its population, and its rivers provide abundant fresh water. But 14 percent of its children suffer chronic malnutrition, and many others lack clean drinking ...

  • Don’t send Haitians to Dominican territory official warns Brazil

    Santo Domingo.- Immigration Agency director on Wednesday said the country isn't obliged to receive Haitian nationals repatriated from Brazil or other nations, if they didn't depart from the country. Jose Ricardo Taveras noted that in recent months Brazil has deported more than 300 Haitians who allegedly departed from Dominican Republic. He said the country, which signed off on the ...

  • Latin America Haiti Guatemala Paraguay With Highest Malnutrition

    UN’s World Food Programme Paraguay, Guatemala, and Haiti are the countries with the biggest problem of food deprivation and malnutrition in Latin America, according to a report by UN. In the study by the World Food Programme, 25.5% of the Paraguayan population is undernourished, while the figure rises to 30.4% in Guatemala and 44.5% in Haiti. Nearly two million people worldwide are ...

  • Brazils Largest Telecom Operator Oi Taps Aptilo for Service Provider Wi-Fi

    Aptilo Networks . Aptilo SMP provides a carrier-class Wi-Fi service with mobile data offloading for Oi's fixed broadband and mobile customers. Oi is the second-largest telecom operator in Latin America and the largest in Brazil. ...

  • No more drug war in Latin America Report explores new ways to fight drugs

    A new OAS report looks at alternatives to prohibiting the drug trade, including legal market regulation, reform of the UN drug convention, and smarter ...

  • Political participation by indigenous peoples in Latin America still low - UN report

    Print 22 May 2013 &#150 Indigenous peoples in Latin America have undergone an unprecedented mobilization in the past 20 years, but political participation, particularly among women, is still low, the United Nations said in a new report released today. Intercultural Citizenship – Contributions from the political participation of indigenous peoples in Latin America, released by the UN ...

  • Brazils OSX Cuts Workforce Amid Broader Reorganization

    SAO PAULO - Brazilian naval construction OSX Brasil SA, controlled by billionaire Eike Batista, has laid off more than 300 employees as part of a broader reorganization plan to reduce spending and focus on hard orders. OSX scaled back construction of its shipyard in the port of Acu, and will only continue with plans if new orders materialize. In a statement, OSX said it has around 260 employees ...

  • Amazon Gastronomic Forum in Bolivia Recommends Eating Insects

    La Paz, May 22 (Prensa Latina) A group of experts recommended today the addition of insect to the cuisine of Bolivia, because according to them these have a high nutritional value and can contribute to food security policy. Specialists met in this capital in the Amazon Gastronomic Forum, called for breaking barriers for the incorporation of these species in the local diet. "In Bolivia, ...

  • Aker Solutions to double subsea manufacturing capacity in Brazil

    22 May 2013 - Aker Solutions today laid the foundation stone of a new plant in Paran that will double the company`s subsea production capacity in ...

  • DealBook Despite Risks Brazil Courts the Millisecond Investor

    The stock exchange in So Paulo, Brazil, is the largest in South America. SO PAULO, Brazil — At a time when the mere phrase "high-frequency trading" makes some investors queasy, Brazil's stock exchange is putting out the digital welcome mat. In recent years, the BM&F Bovespa stock exchange in So Paulo has taken steps to make its market more friendly to high-speed ...

  • Brazil Freezes $13.7 Billion From Budget to Meet Fiscal Goal

    Brazil's government has frozen 28 billion reais ($13.7 billion) in its 2013 budget as it tries to meet its primary surplus target, Finance ...

  • Merkel and Brazil’s Rousseff the most powerful women in the world according to Forbes

    German Chancellor Angela Merkel topped Forbes's list of the world's most powerful women for the third consecutive year, followed by Brazil's Dilma Rousseff, the magazine said on Wednesday. Cristina Fernandez from Argentina dropped ten places and now stands in position ...

  • El Salvador president meets pope amid Romero hopes

    VATICAN CITY -; El Salvador's president meets with Pope Francis on Thursday amid mounting indications that the stars have finally aligned to move slain Archbishop Oscar Romero onto the first key stage on the path toward possible ...

  • Brazil Faces Budget Dilemma in Face of Stagflation

    Brazil’s government faces an intractable budget dilemma this year–how to meet surplus targets against a background of stalled growth and persistent inflation. The government Wednesday complied with an annual budget ritual, temporarily freezing a portion of 2013 spending in order to meet surplus targets. But the spending freeze could undermine the tender buds of nascent economic ...

  • Seven Seas Water names South American HQ president

    Claudio Baldovino has been named the new president for the South American headquarters of Seven Seas Water Corp. He previously was a partner and director of private equity for Buena Vista Capital, a private investment firm in Santiago, according to a statement. Baldovino has also worked for Rothschild Group in London, Buenos Aires, Lima and New York, the statement said. Adding Baldovino to the ...

  • Hyundai to boost Brazil output with new shift -union

    Wed May 22, 2013 12:58pm EDT * Carmaker reaches deal for third shift in Piracicaba * HB20 subcompact boosts Hyundai to fifth in Brazil SAO PAULO May 22 (Reuters) - South Korean automaker Hyundai Motor Co and workers in Brazil have agreed to boost output at a factory to keep up with growing demand for its vehicles, the leader of the local metalworkers' union said on Wednesday. The agreement, ...

  • Brazil Plans to Auction 6900 Megawatts of Wind-Farm Power Lines

    Brazil will auction by December contracts to build power lines connecting as much as 6,900 megawatts of planned wind farms in an effort to ensure the turbines will be able to send electricity to the grid once they're installed. The transmission lines will link 1,200 megawatts of planned projects in the state of Ceara, 1,500 megawatts ...

  • Holy See Releases Popes Schedule for Rio de Janeiro

    Pontiff Will Embark on First Apostolic Trip for World Youth DayBy Junno Arocho EstevesVATICAN CITY, May 07, 2013 (Zenit.org) - The Holy See Press Office has released the Holy Father's itinerary for the first international Apostolic visit of his papacy. Pope Francis will begin his journey to Rio de Janeiro, Brazil for the 28th World Youth Day on July 22nd.Upon his arrival to Rio de Janeiro, ...

  • Harper’s South America trip complicated by Senate expenses scandal

    The Senate expenses scandal is turning Prime Minister Stephen Harper's visit to South America into an awkward communications exercise.Harper's officials have indicated that the prime minister will finally take questions early this afternoon on the Prime Minister's Office involvement in reimbursing Senator Mike Duffy $90,000 for improper housing expense claims. But Harper will be ...

  • Court finds pair guilty of murder of Brazilian man in Kerry

    Two men have been found guilty of murdering a Brazilian man and dumping his body in a north Kerry bog.The body of Bruno Lemes De Sousa was discovered in Shronowen Bog outside Listowel on March 11, 2012.Twenty-year-old John Paul Cawley and 29-year-old Wenio Rodriguez Da Silva - both with an address at 2 Ardoughter Ballyduff - were accused of murdering 28-year-old Bruno Lemes De Sousa, between ...

  • OAS to Hold Workshop for Central America and the Dominican Republic on Participation and Access to Information for Sustainable Development in El Salvador

    OAS to Hold Workshop for Central America and the Dominican Republic on Participation and Access to Information for Sustainable Development in El Salvador May 22, 2013 The Organization of American States (OAS) will hold, on Thursday, May 23, in San Salvador, the first Regional Workshop on "Mechanisms of Participation and Access to Information for Sustainable Development" for the ...

  • Brazils Neymar set to become latest attraction in Europe

    Helio Suenaga/STR/Getty Images SAO PAULO (AP) -- Everywhere you look and everywhere you go, there appears to be some sort of reference about Neymar. It might be in one of the dozens of television commercials or on billboards by sponsors that make him by far the best paid athlete in Brazil. Or in his appearance in the popular soap opera that puts him inside the homes of tens of ...

  • Brazil’s Swap Rates Decline as Inflation Slows Real Advances

    Brazil 's swap rates fell for the first time in seven days after a report showed inflation slowed, spurring speculation that policy makers will limit increases in borrowing costs. Swap rates on the contract due in January dropped five basis points, or 0.05 percentage point, to 8.08 percent at 10:16 a.m. ...

  • PH Brazil forge air agreement to mount flights

    Daily flights between the Philippines and Brazil, South America's largest country, may start soon following the approval of new air rights between the two countries this week. Under the new air agreement between the Philippine and Brazilian governments, a total of seven flights a week may be mounted between Manila and any point in Brazil. The agreement also allows an unlimited number of ...

  • STXNEWS LATAM-Nau rates Brazils Ita buy Bradesco fair value

    Wed May 22, 2013 9:41am EDT Analysts at Nau Securities led by Iigo Vega initiated on Wednesday coverage of Brazilian private-sector banks Ita Unibanco Holding SA and Banco Bradesco SA. Vega and his team rated shares of Ita "buy" with a price target of 40 reais; the rating on Bradesco is "fair value" at a target of 38 reais. In the case of Ita, Vega said that while the bank, ...

  • Coty Inc. And Frajo Announce A New Joint Venture In Brazil

    NEW YORK, May 22, 2013 /PRNewswire/ -- Coty Inc., an emerging leader in global beauty, is pleased to announce that it will form a joint venture in Brazil with Frajo Internacional, a leading Brazilian cosmetics distributor. The new venture will distribute and market Coty mass/masstige brands in the retail ...

  • STXNEWS LATAM-Brazil stock ratings price targets for Wednesday

    Wed May 22, 2013 9:01am EDT The following is a list of price target and rating activity for Brazilian stocks on Wednesday: 1) JPMorgan Securities analyst Ken Worthington raised the price target for shares of Brazilian financial bourse operator BM&FBovespa SA to 16 reais from 14 reais, citing "higher valuations that global exchanges are again commanding in the market place on what we believe ...

  • ON Telecom picks Aircom for LTE design optimisation in Brazil

    Aircom International, a leading independent software and solutions provider for improved network performance, has inked a contract deal with Brazilian wireless broadband start-up ON Telecom, for the design and optimisation of its new Long Term Evolution (LTE) network. The newcomer intends to leverage ...

  • Brazil consumer prices rise 0.46 pct in month to mid-May

    SAO PAULO, May 22 (Reuters) - Brazil's benchmark IPCA inflation index rose 0.46 percent in the month to mid-May, slightly below the median of analysts' forecasts, government statistics agency IBGE said on Wednesday. The index had been expected to rise 0.49 percent in the period, according to the median forecast of 26 analysts surveyed by Reuters. Estimates ranged from 0.38 percent to ...

  • Is South America’s latest strongman a woman

    LIMA, Peru - High heels and mascara may be the last things that spring to mind when talking about Latin America’s pantheon of authoritarian strongmen. Yet for her opponents, the latest controversial move of Argentina’s immaculately made-up president, Cristina Fernandez de Kirchner, has cemented her place in the region’s ...

  • SkyWest buys 40 jets from Brazil

    (34 mins ago) Brazilian aircraft maker Embraer on Tuesday announced the sale of 40 E-175 jets to U.S. carrier SkyWest. SkyWest will operate the aircraft under a Capacity Purchase Agreement with United Airlines, Xinhua news agency reports. According to Embraer, before the sale of 40 E-175 jets, the company has made contracts with United Airlines for 30 E-175 jets last month. In addition to ...

  • Brazil sells 40 jets to US carrier

    Brazilian aircraft maker Embraer on Tuesday announced the sale of 40 E-175 jets to US carrier SkyWest.SkyWest will operate the aircraft under a Capacity Purchase Agreement (CPA) with United Airlines.According to Embraer, before the sale of 40 E-175 jets, the company has made contracts with United Airlines for 30 E-175 jets last month.In addition to the 40 jets bought, SkyWest may take another 60 ...

  • Shree Renuka Sugars to raise $350 million through its Brazilian arm

    Actor Hrithik Roshan’s upcoming superhero science fiction film Krrish 3, slated for a Diwali release, has inked a two-year licensing and merchanding deal with Mumbai-based brand licensing firm Dream Theatre, through Carving ...

  • Philippines Brazil agree on new flights

    MANILA--Daily flights between the Philippines and Brazil, South America's largest country, may start soon following the approval of new air rights between the two countries this week. The on Wednesday announced that the Philippine and Brazilian governments had signed an air agreement. Under the accord signed by the Philippine air panel this week, a total of seven flights a week are now ...

  • Brazil is Australias perfect match ANU

    Australia should boost its ties with Brazil as the South American nations continues its transformation into a global power, an ANU expert ...

  • Brazilian company discovers oil near Namibian coast

    The HRT president Joe Paul told the media in the presence of Prime Minister Hage Geingob at the State House that the discovery was made within the Walvis Basin where the company has dug its first well ...

  • Brazil Militarizes Borders Ahead of Confederations Cup

    Lucy Jordan By Lucy Jordan, Senior Contributing Reporter BRASLIA, BRAZIL – The Ministry of Defense in Brazil is sending 25,000 soldiers to patrol ...

  • Brazil Simplifies Visas for Foreign Workers

    Ben Tavener By Ben Tavener, Senior Contributing Reporter SO PAULO, BRAZIL - The Brazilian government has announced that the application process for work visas to Brazil has been simplified significantly in response to demands from industry, calling for more qualified overseas workers to fill gaps in the Brazilian labor market. The government says it hopes that regular work visas, which ...

  • The New Musical Sounds of Rio

    Chesney Hearst By Chesney Hearst, Contributing Reporter RIO DE JANEIRO, BRAZIL - The Cidade Maravilhosa is a place known for the cultural and ethnic diversity of its people, and the music varies and blends as much as the inhabitants themselves. Leo Justi, Apollo, and Dorgas are a part of a new batch of homegrown artists who are creating innovative mixtures of sounds that are influenced by ...

  • Salvador Preparing for Heavy FIFA Participation

    Robbie Blakeley By Robbie Blakeley, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Salvador, the capital city of Bahia, and its brand new Arena Fonte Nova will be heavily involved in FIFA activity over the next year. The rebuilt stadium will host three matches next month during the Confederations Cup beforeplaying a big role next year, when no fewer than six games will be played in ...

  • Top Tech in Rio for WWW2013 Conference

    Anna Kaiser By Anna Kaiser, Contributing Reporter RIO DE JANEIRO, BRAZIL – Computer scientists, academics, and other technology professionals flocked to Rio last week for the 19th annual WWW2013 conference at ...

  • Traveling Brazil for the Confederations Cup

    FIFA Confederations Cup will turn the sporting world's attention to Brazil, as the cup will feature all regional football champions plus world champion Spain in the preparatory tournament for the World Cup. To visit each of the six host cities, while catching the best football (soccer) action, try this ...

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