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Archive for 'Brazilian News'

New Subspecies of Monkey Discovered in Amazon Posted by on Jul 20, 2009

Brazilian scientists have announced the discovery of a new subspecies of monkey, the Saguinus fuscicollis mura, discovered in the Amazon. Though it was originally spotted by scientists in 2007, the discovery was just published in the International Journal of Primatology last month. The very small subspecies, which usually weighs just 350 grams and stands 23…

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GM to Invest US$1 Billion in Brazil Posted by on Jul 16, 2009

Despite the fact that GM declared bankruptcy and is now partially owned by the US government, it will invest US$1 billion to create two new models of cars in Brazil, which will help create 1,000 jobs. The Brazilian government recently reduced taxes on automobiles, which lowered the price of GM cars and led to a…

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Wacky Art Exhibit in Rio de Janeiro Posted by on Jul 14, 2009

Two Carioca brothers, Tiago and Gabriel Primo, designed an interactive installation exhibit in Rio de Janeiro’s historic downtown. They built a small room on the side of a painted wall 33 feet above the ground, including a bed, table, chair, and hammock. The artists spend twelve hours a day in the room, eating, reading and…

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Lula Teases Obama about Soccer Posted by on Jul 10, 2009

At this week’s G-8 summit in Italy, President Lula of Brazil gave President Obama an official Brazil soccer jersey signed by members of the national team. The signatures included those of “Edmílson, Gomes, Lúcio, Vágner Love, Daniel Carvalho, Gilberto Silva, Ronaldinho Gaúcho, Elano, Robinho, Júlio Baptista, Alex and Dida.” President Lula also teased President Obama…

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Accidental Archaeological Discovery in Amapá Posted by on Jul 3, 2009

This week, construction workers discovered an ancient indigenous burial ground while building a school in Laranjal do Jari, in the northeastern state of Amapá. The site contains ceramic artifacts that could be up to 2,000 years old. After the site was discovered, local archaeologists were called in to assess the findings. They found fifty funeral…

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Brazil to Bail Out Citibank Posted by on Jun 23, 2009

At a press conference in Sao Paulo this week, Citibank CEO Vikram Pandit announced that the bank is putting its hopes on developing economies like Brazil to boost the company after billion dollar losses. After the credit crisis in the United States, Citibank hopes economies like Brazil’s will provide much needed growth. Brazil has the…

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BRIC Countries Meet in Russia Posted by on Jun 17, 2009

This week, the countries that make up the BRIC group–Brazil, Russia, India, and China–are meeting in Russia for the first formal BRIC gathering. These four countries include 15% of the world’s economy and 40% of the world’s currency reserves, and are becoming increasingly more important in the international scene. The BRIC countries’ leaders will discuss…

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