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Brazil lawmakers narrowly reject criminal age reduction BRASÍLIA: Brazilian lawmakers narrowly rejected a proposed constitutional change early Wednesday that would have reduced the age of criminal responsibility from 18 to 16 years of age.The Chamber of Deputies was five votes short of passing the proposal to the Senate: 303 lawmakers voted for the reduction of the 308 required, while 184 legislators were in opposition.The measure was opposed by President Dilma Rousseff's leftist's government, the Catholic Church, human rights groups and the United Nations. But a series of recent crimes committed by minors, including a stabbing death carried out by a teenager in Rio de Janeiro, had galvanized support for changing the law.The original constitutional change would have reduced the age of criminal responsibility for all crimes, but a modified later version only reduced the age limit for serious crimes such as death and rape.Lawmakers will still vote on the harsher version of the amendment.Copyright AFP (Agence France-Presse), ...

Brazil's Rousseff expresses confidence in Obama in wake of NSA scandal WASHINGTON: Brazilian President Dilma Rousseff said Tuesday she had confidence in her US counterpart Barack Obama, laying to rest a scandal over US intelligence monitoring of her telephone calls and those of millions of other Brazilians."Since then, some things have changed and the change is particularly due to the fact that President Obama and the US government have stated on several occasions that they would no longer engage in intrusive acts of spying on friendly ...
Brazil's Rousseff begins US visit NEW YORK: Brazil's President Dilma Rousseff was to meet Sunday with investors in New York on the first day of a long-delayed US visit aimed at overcoming strains caused by the NSA spying scandal.Revelations two years ago that the US National Security Agency electronically eavesdropped on Rousseff's email and other communications prompted her to angrily call off an official visit to Washington that had been set for October 2013.The White House has expressed hope that ...
Brazil's jobless rate rises for fifth month in May RIO DE JANEIRO: Brazil's non-seasonally adjusted jobless rate rose in May to 6.7 percent, the highest since 2010, statistics agency IBGE said on Thursday. The number was slightly above the median forecast of 6.6 percent in a Reuters poll of 27 economists. The jobless rate stood at 6.4 percent in April. Copyright Reuters, 2015 ...
FARC rebels kill four and rupture Colombian pipeline BOGOTA: Colombia's FARC rebels killed four soldiers and wounded six others in an attack in the northeast of the country on Monday, officials said, as the Marxist group steps up attacks amid unraveling peace talks.The insurgents attacked soldiers guarding a pipeline in the Norte de Santander district which borders Venezuela.A military Black Hawk helicopter flying over the region to protect oil infrastructure also exploded after triggering a mine while landing, officials said.Meanwhile, another attack by ...
US, Venezuela in 'positive' talks in Haiti WASHINGTON: The United States and Venezuela, which have had highly strained relations for more than a decade, held a "positive" diplomatic meeting over the weekend in Haiti, the State Department said Monday.National Assembly speaker Diosdado Cabello, regarded as Venezuela's second most powerful man, and US State Department Counselor Thomas Shannon met Saturday in Port-au-Prince."The talks touched all elements of our bilateral relationship.They were positive and productive," said Jeffrey Rathke, a State Department spokesman.Cabello himself said ...
Venezuelan official says Brazil will help end shortages CARACAS: Venezuela has received pledges of support from the Brazilian government and businessmen to help end the country's food and medicine shortages, the president of the Venezuelan National Assembly said Wednesday.Diosdado Cabello, regarded as Venezuela's second most powerful man, headed a delegation to meet with authorities and corporate leaders and reach agreements that would send Brazilian products to end shortages."We are confident that with the support of businessmen and the Brazilian government that the situation ...


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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 01, 2015
Reserves $18.5 bln