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Brazil surplus target cut to stem real squeeze: Minister

Brazil surplus target cut to stem real squeeze: Minister

President Dilma Rousseff is trying to rein in the largest budget gap in 16 years that threatens Brazil’s investment grade.

Latin American currencies take a beating

Latin American currencies take a beating

In the first week of June, outflow from emerging economies reached $9.3 billion – the highest rate in seven years.

Chinese firm wins Brazil’s Belo Monte power line auction

Chinese firm wins Brazil’s Belo Monte power line auction

This is the second transmission line concession to be auctioned to connect the Belo Monte dam in the Amazon to the national grid.

Brazil prosecutors open probe into ex-president Lula lobbying claims

Brazil prosecutors open probe into ex-president Lula lobbying claims

In 2013 some members of the ruling Workers Party floated the idea of a comeback by Rousseff's larger-than-life predecessor, Lula.

Brazil-led team discovers Jupiter-like planet

Brazil-led team discovers Jupiter-like planet

The findings of the international team could have far-reaching implications in the search for life beyond our solar system.

BRICS adopts Ufa Declaration

BRICS adopts Ufa Declaration

The BRICS Bank will work closely with the China-led AIIB, says communique.

“BRICS proves diverse development models can work together”-Xi

“BRICS proves diverse development models can work together”-Xi

The group represents more than a fifth of the global economy.

Rousseff, Putin take stock of trade ties in Ufa

Rousseff, Putin take stock of trade ties in Ufa

In 2014, Brazil-Russia trade grew by 15 per cent.

Putin hosts BRICS leaders in Ufa

Putin hosts BRICS leaders in Ufa

Even as Western countries and Japan continue the suspension of their 16-year collaboration with Russia in the G8, Russian President Vladimir Putin on Wednesday evening hosted a different group: leaders

BRICS Bank open for business

BRICS Bank open for business

The bank has an initial authorized capital of $100 billion.

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