Brazil's President Michel Temer speaks during a swearing ceremony for the newly-named Foreign Minister Aloysio Nunes and Justice Minister Osmar Serraglio, at the Planalto Presidential Palace, in Brasilia, Brazil, March 7, 2017

Brazil’s President Launches $15 Bi Infrastructure Concession Plan

Brazil's President Michel Temer launched an infrastructure concessions program on Tuesday that he said should raise 45 billion reais ($14.43 billion) in investment in building and operating roads, port terminals, railways and power transmission...
The president has a chance to pass a reform that will stop Brazil going bust

Reducing Brazil’s pension burden

The faded modernist façades along Copacabana’s beachfront hark back to Brazil’s optimistic past. The seaside promenade, where walking sticks outnumber G-strings, offers a glimpse of its demographic future. A quarter of the inhabitants of...
Brazil lower interest rate

Brazil’s central bank cuts benchmark rate to 12.25%

Brazil’s central bank said on Wednesday that the country’s recession was showing signs of bottoming out and stressed the importance of fiscal reforms as it announced another sharp cut in its benchmark Selic interest...
Vale do Rio Doce

Brazil mining company Vale announces plan for single class of stock

Brazilian mining giant Vale SA announced a plan Monday to create a single class of stock without a controlling shareholder, likely reducing the potential for government interference in what management characterized as a watershed for the...
BRazil's president Michel Temer

Brazil to open up to foreign buyers

President Michel Temer will propose legislation to lift restrictions on foreign ownership of airlines and agricultural land in Brazil as he strives to pull the economy out of a two-year recession, government sources say. Temer's...
Brazil President Michel Temer

Brazil a ‘cornucopia of possibilities’ in spite of political upheaval

Political crisis? Where? Brazil's turbulent 2016 — in which the country played host to a troubled Olympics as corruption scandals swirled around impeached President Dilma Rousseff and her successor, Michel Temer — would normally be...

Brazil surprises with aggressive rate cut to rescue economy

Brazil surprised markets with a larger-than-expected interest rate cut on Wednesday, as the worst recession in Brazilian history threatens to stretch into a third year. In a unanimous vote, the central bank's nine-member monetary policy...
Danish research into environmentally-friendly resources is of high international quality.

New survey shows Danish research into environmentally-friendly resources is of high international quality

Minister Søren Pind says it is an important investment for Danish businesses competitiveness and is a Danish position of strength. A new survey from the Ministry of Higher Education and Science shows that the public...
S11D is one of the largest private investments undertaken in Brazil, which is mired in a slump that has sent unemployment soaring, shrunk exports and cut factory output.

World’s Largest Iron-Ore Project Hailed as Brazil Recovery Sign

Vale SA is betting on the world’s biggest iron-ore project as a way to become more competitive with its largest rivals. For Brazil, the $14 billion S11D mine is a rare bright spot amid the...
Economy Minister Henrique Meirelles (left) joins President Michel Temer during a press conference on new measures by the governement to stimulate the economy, at the Planalto Presidential Palace, in Brasilia, Brazil, Dec. 15, 2016.

Brazil’s Temer Launches Stimulus Plan to Counter Discontent

Brazilian President Michel Temer on Thursday unveiled a slew of stimulus measures to reduce the debt burden of businesses and consumers struggling with the country's worst recession on record amid growing popular discontent. Although limited...

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