Brazil

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

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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.

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.

Analysis: Brazil ethanol returns to US as biofuel rules pave way

SAO PAULO - Brazilian ethanol is rushing back into the United States after a three-year ebb, drawn less by the severe drought that has inflated corn costs than by biofuel regulations that could more than triple next year's shipments.

20 Sep 2012

US urges Brazil in "clear terms' not to hike tariffs

WASHINGTON - U.S. Trade Representative Ron Kirk, in a letter obtained on Wednesday, urged the Brazilian government to reconsider plans for "protectionist" tariff increases expected to have a significant negative effect on U.S. exports.

World, 20 Sep 2012

Analysis: China worries spur Mexico stock market flows

MEXICO CITY - Mexico has been on the wrong side of China's economic boom for the last decade, but is now seeing an upturn in its fortunes as the Asian powerhouse's economy slows and international stock pickers look to hedge their bets.

China, Mexico 20 Sep 2012
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Libyan Islamist militia swept out of Benghazi bases

BENGHAZI, Libya - An Islamist militia was driven out of the city of Benghazi early on Saturday in a surge of protest against the armed groups that control large parts of Libya more than a year after the overthrow of Muammar Gaddafi.

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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