Page 8 - Thomas Traumann News Today

SAO PAULO -- Brazilian President Luiz Inacio Lula da Silva has strived since rioters stormed Brazils top government buildings in January to dispute the outcome of the presidential election to ensure that military leaders defend South Americas largest democracy and stay out of politics.

SAO PAULO (AP) -- When rioters stormed Brazils top government buildings in January to dispute the outcome of the presidential election, many soldiers stood by as far-right protesters broke windows, defecated in offices and destroyed valuable art.

Brazil’s economy contracted last quarter for the first time in over a year, government data showed, a downturn expected to complicate President Luiz Inácio Lula da Silva’s first year in office.

Brazil's economy contracted last quarter for the first time in over a year, government data showed Thursday, in a downturn expected to complicate President Luiz Inácio Lula da Silva's first year in office.

Luiz Inácio Lula da Silva promised to bring prosperity back — “barbecue and beer” for all — if he returned to Brazil’s top job. Two months into his presidency, the economy he inherited is cutting his honeymoon short.

Brazil’s economy contracted last quarter for the first time in over a year, government data showed Thursday, in a downturn expected to complicate President Luiz Inácio Lula da Silva’s first year in office. Latin America’s largest economy shrank 0.22% in the final three months of last year, weighed down by declines in industry, according to…

Brazil’s economy contracted in the fourth quarter for the first time in over a year, according to data released Thursday by the country’s statistics institute. That represented the continuation of a downturn that is expected to complicate President Luiz Inácio Lula da Silva’s first year in office. GDP in Latin America’s largest economy was weighed down by a decline in industry. Oil production was the only bright spot in the industrial sector in the fourth quarter, with manufacturing, co...

Brazil’s economy contracted in the fourth quarter for the first time in over a year, according to data released Thursday by the country’s statistics institute

BRASILIA, Brazil (AP) — Brazil’s economy contracted last quarter for the first time in over a year, government data showed Thursday, in a downturn expected to…

'Brazil is back' will be one of the main messages of President Lula da Silva during his trip to the US. He has ambitious foreign policy plans; some analysts are skeptical though.