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Human error behind Brazil crash that killed politician SAO PAULO: The plane crash that claimed the life of Brazilian presidential candidate Eduardo Campos last August was the result of a succession of human errors, Estado de Sao Paulo reported Friday.An air force investigation unearthed no mechanical failures, the paper said in publishing several extracts of the report into the August 13 crash in the southeastern port city of Santos in which all seven on board died.Campos, 49, was killed just two months before the presidential election in which the socialist candidate had hoped to deprive incumbent Dilma Rousseff of a second term.After his death, his runningmate, environmentalist Marina Silva, took up the Socialist Party baton. But after briefly leading opinion polls, she fell away and did not reach the second ballot as Rousseff went on to victory, defeating social democrat Aecio Neves.A former governor of the northeastern state of Pernambuco seeking to offer a "third" way between the ...

Seven shot dead at Venezuelan funeral CARACAS: Gunmen opened fire during a burial at a Venezuelan cemetery on Thursday, leaving seven people dead and five wounded, authorities said.The shooting took place in the old graveyard of the central town of Turmero, the attorney general's office said in a statement."Several armed men fired against a group of people at the funeral of a friend who had died days earlier," the statement said, describing the incident as a "clash."Local media said the victims ...
Brazil sets limit on government spending ahead of budget vote SAO PAULO: Brazil's government will limit monthly discretionary spending to 1/18 of its proposed budget for 2015 until Congress approves the budget, according to a decree published in the official gazette on Thursday. The widely expected measure reflects President Dilma Rousseff's focus on maintaining fiscal discipline in her second term, as her new economic team works to shore up government accounts and win back credibility among investors. Congress does not reconvene until early February. A ...
Rousseff condemns 'barbaric' attack on French paper BRASILIA: Brazilian President Dilma Rousseff strongly condemned Wednesday's "act of barbarism" on the offices of French satirical newspaper Charlie Hebdo that left at least 12 people dead as an assault on democracy. "I learned of this bloody and intolerable act of terrorism with great sorrow and indignation," Rousseff said in a statement."This act of barbarism, quite apart from the deplorable loss of life, is an unacceptable attack on the basic values of democratic societies and ...
Commuter train crash leaves 69 injured in Brazil RIO DE JANEIRO: At least 69 people were injured late Monday when two commuter trains collided in Brazil's Rio de Janeiro state, authorities said. The accident occurred around 8:20 pm (22:20 GMT) when one of the trains, which had stopped at a station, was rammed from behind by another on the same track, said Rio state Transportation chief Carlos Osorio.The accident took place in the town of Mesquita, outside Rio de Janeiro, and there were ...
Brazil's Workers Party backs Lula for 2018: official BRASILIA: Brazil's ruling Workers Party would back former Brazilian president Luiz Inacio Lula da Silva to seek a third term in 2018, the country's chief of staff said in an interview published Sunday.Aloizio Mercadante told the Folha de S.Paulo newspaper that the popular ex-president is the only choice for the PT in the next election."He is my candidate, he always was," Mercadante said."There is no discussion in the PT; who is at the heart of ...
Brazil's Rousseff plans to make US state visit as tensions cool BRASILIA: Brazil's President Dilma Rousseff plans to make a state visit to the United States by September, her chief of staff said, in an attempt to turn the page on a 2013 diplomatic spat over spying revelations. Rousseff became one of the only leaders ever to cancel a state visit to Washington in October 2013, following revelations that the US National Security Agency spied on her and millions of other Brazilians. Since then, diplomats on ...


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln