Citicorp, the nation's largest bank and the world's biggest bank lender to Brazil, said Friday that
Brazil, whose $111-billion foreign debt is the biggest of any developing country, said Wednesday
Encouraged by "very important" oil discoveries deep in the Amazon jungle, Brazil is rushing to
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Brazilian Finance Minister Francisco Dornelles, who advocated massive budget cuts and tight-money policies to fight Brazil's runaway inflation, resigned Monday.
Brazil's central bank, in a crackdown on shaky financial institutions, on Tuesday closed an investment bank owned by Mario Garnero, a Brazilian financial promoter.
Brazil inaugurated its first nuclear power plant Thursday, a reactor so plagued with engineering
Ze Sergio scored two goals as Santos F.C. of Brazil beat Japan's All-Stars, 4-1, while Britain's
West Germany defeated Brazil, 2-0, in a World Cup tuneup soccer match before 50,000 fans Wednesday.
Two men died when an ultralight aircraft plunged 300 feet to the ground near Rio de Janeiro, officials at the airfield said.
As banks reopened Monday and the era of the cruzado began, Brazilians started dropping three zeros from all money calculations and became zealous guardians of stable prices in the government's fight against inflation.
Brazil and a group of negotiators from 14 of its leading creditor banks have approved what one
In an arms-for-oil deal, Brazil and Saudi Arabia have agreed to a $3 billion arms package that
survived a second-half scare to beat Brazil, 96-80, setting up a gold-medal meeting with the Soviet Union in the World Basketball Championships.
More than 1 million Brazilian workers began a strike Thursday to press the wage demands of bank employees, union spokesmen said.