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Breaking News Sun, 20 May 2012
Is Obama wary of Brazil and Dilma Rousseff?
(photo: ABr / Abr)
Is Obama wary of Brazil and Dilma Rousseff?
Al Jazeera
| Are there hidden tensions which stand to undermine the important diplomatic relationship between Washington and rising star Brazil? During a recent meeting at the White House, Obama and Brazilian President Dilma Rousseff sought to put on a good face. Brazil had made "extraordinary progre...
Vale confident will win Brazil double tax case-CEO
Daily Press
| RIO DE JANEIRO (Reuters) - Brazilian iron ore miner Vale is confident it will win a dispute over taxes the government claims the company owes on earnings abroad, CEO Murilo Ferreira said on Friday. | The government has ordered Vale to pay 30.5 bill...
Rio hotels cutting prices for June's U.N. summit
Reuters
| RIO DE JANEIRO (Reuters) - Wary of price-gouging ahead of the World Cup and Olympics later this decade, Brazil's government said on Wednesday it had convinced hoteliers in Rio de Janeiro to lower skyrocketing rates ahead of a major U.N. summit next...
Brazil moves to cut hotel costs before Rio+20
Buffalo News
| SAO PAULO (AP) - Brazil is taking steps to lower the spiraling cost of accommodations during the United Nations' upcoming conference on sustainable development, the office of President Dilma Rousseff said Wednesday. | The statement said the steps c...
American seeks right for additional flights to Brazil
The Miami Herald
| American Airlines wants to fly more flights to Brazil — and some of those would be from Miami. | The airline on Wednesday asked the U.S. Department of Transportation for the right to fly 17 more frequencies between the United States and Braz...
Brazil frets over hotels ahead of UN summit in Rio
Reuters
| BRASÍLIA (Reuters) - Brazilian government officials said on Thursday they are worried about high prices and low availability of hotel rooms in Rio de Janeiro during a high-profile United Nations summit scheduled for next month. | With less than si...
HSBC sells South American units to Banco GNB Sudameris
BBC News
HSBC is selling businesses in four South American countries as it continues a strategy of leaving less promising markets. | Colombia's Banco GNB Sudameris is paying $400m for the HSBC units in Colombia, Peru, Uruguay and Paraguay. | Combined the...
Eike Batista to Invest in Brazilian Music Festival
The New York Times
| Eike Batista, the Brazilian billionaire who made a fortune in the oil, gas and mining industries, is making a move into the music business. | IMX Live, a branch of a company that is jointly owned by Mr. Batista’s EBX Group and IMG Worldwide, ...



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