Brazil

Exclusive: Brazil delays jets decision until 2013; Boeing ascendant

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UNITED NATIONS - Brazilian President Dilma Rousseff has decided to wait until mid-2013 to make a decision on a multibillion-dollar Air Force jets contract, and Boeing's chances of winning the deal have improved due to its recent alliances with local aircraft maker Embraer, two senior officials told Reuters.

Qatar in talks to buy Batista's $2 billion AUX stake: sources

DUBAI - Qatar Holding, the investment arm of the Gulf state's sovereign fund, is in advanced talks to buy a 49-percent stake in Brazilian billionaire Eike Batista's gold company AUX for about $2 billion, three banking sources said.

Miner BSG may sue Brazil's BTG Pactual over Guinea role: report

SAO PAULO - BSG Resources, a mining company operating in Guinea with Brazil's Vale , may sue investment bank BTG Pactual over the latter's role as an adviser to the West African country's government, O Estado de S. Paulo newspaper reported on Sunday.

23 Sep 2012

BASIC group calls for adoption of "Kyoto 2" in Doha

BRASILIA/SAO PAULO - Ministers from Brazil, India, China and South Africa called for an extension of the Kyoto Protocol, the world's only treaty that forces countries to cut greenhouse gas emissions, which expires at the end of the year.

Environment, China, 21 Sep 2012

Brazil may fire up tax artillery in 'currency war'

LONDON - Brazil threatened on Friday a further clampdown on speculative foreign capital, firing a warning shot in a "currency war" its finance minister blamed on money-printing by Western central banks.

World, 21 Sep 2012

U.S. warns Brazil on tariffs, gets stinging rebuke

WASHINGTON/SAO PAULO - U.S. Trade Representative Ron Kirk urged Brazil to reconsider plans for tariff increases, prompting a stinging rebuke of American monetary policy that has "distorted" global exchange rates.

20 Sep 2012

Petrobras lawyers working to overturn Brazil ban on Transocean

RIO DE JANEIRO - Lawyers for Brazil's state-led oil company Petrobras are working to help drilling contractor Transocean Ltd overturn an injunction barring it from work in Brazil, Petrobras' chief executive said Friday.

20 Sep 2012

Petrobras lawyers working to overturn Brazil ban on Transocean

RIO DE JANEIRO - Lawyers for Brazil's state-led oil company Petrobras are working to help drilling contractor Transocean Ltd overturn an injunction barring it from work in Brazil, Petrobras' chief executive said Friday.

20 Sep 2012

U.S. urges Brazil in 'clear terms' not to raise tariffs

WASHINGTON - U.S. Trade Representative Ron Kirk urged the Brazilian government in a letter sent on Wednesday to reconsider plans for "protectionist" tariff increases expected to hurt U.S. exports.

20 Sep 2012

Mexico's next leader wants more trade with Brazil, not less

BRASILIA - Latin America's two largest economies should be expanding rather than curbing trade flows, Mexico's President-elect Enrique Pena Nieto said on Thursday in veiled criticism of a Brazilian restriction on Mexican car imports.

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In New York, defiant Ahmadinejad says Israel will be "eliminated"

NEW YORK - Iranian President Mahmoud Ahmadinejad said on Monday Israel has no roots in the Middle East and would be "eliminated," ignoring a U.N. warning to avoid incendiary rhetoric ahead of the annual General Assembly session. | Video

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A Mafia in FATA: Haqqanis and Drones

A new report about the Haqqani network's business interests raises questions about the anti-drones narrative in Pakistan