Since January 2012, aviation has been included in the European Union’s Emissions Trading Scheme (ETS) that requires aircraft operators to surrender one allowance per tonne of carbon-dioxide emitted on a flight to and from (and within) the EU. This covers passenger, cargo and non-commercial flights and applies no matter where an aircraft operator is based.
There is little likelihood that South America’s Mercosur trade bloc will take up China’s proposal to establish a free trade agreement, at least in the short term. Experts and industrialists fear an invasion of cheap Chinese goods, and unequal competition.
Mario Osava JEREMOABO, Brazil, Jun 16 2012 (IPS) – Many grow lettuce, tomatoes, carrots, beets and other vegetables. But cilantro is ever-present in the gardens that are helping rural families weather the lengthy drought that is once again wracking Brazil’s impoverished Northeast. Cilantro is the favourite “because of the flavour it adds to beans, meat, [...]
By Fabiana Frayssinet RIO DE JANEIRO, May 23 (IPS) – China's voracious demand for energy has prompted it to embrace Brazil as a major oil partner, fuelling the dramatic expansion of Chinese companies in this South American country. But while some see this as a boost to the Brazilian economy, others fear that it poses [...]
By Mario Osava SÃO PAULO, May 18 (IPS) – Energy integration in South America will be a reality "in the medium to long term," driven by hydropower and drawing on Brazil’s experience, predicts Altino Ventura Filho, secretary of planning in this country’s Ministry of Mines and Energy.
By Fabíola Ortiz RIO DE JANEIRO, May 7 (IPS) – The Brazilian government of Dilma Rousseff is taking firm steps towards stronger relations with Africa, such as the creation of a special fund to finance development projects together with multilateral lenders like the World Bank.
By Fabíola Ortiz RIO DE JANEIRO, Apr 6 (IPS) – On her first visit to Brazil, the United Nations humanitarian affairs chief Valerie Amos stressed the need to take advantage of this country’s experience in disaster response and the fight against poverty.
By Ravi Kanth Devarakonda GENEVA, Apr 2 (IPS) – Trade ministers of the BRICS countries – Brazil, Russia, China, India and South Africa – say that at the G20 trade ministerial summit later this month in Mexico they will try to ensure that attempts by industrialised countries to frame a new trade agenda do not [...]
By Fabiana Frayssinet RIO DE JANEIRO, Mar 30 (IPS) – Over the last decade, China has become Brazil’s main trading partner and source of foreign investment. But this apparent lifeline at a time of global crisis could actually aggravate longstanding problems faced by Latin America’s biggest economy.
By Ravi Kanth Devarakonda GENEVA, Mar 30 (IPS) – Brazil and South Africa have experienced a widespread contraction of their manufacturing industries, with the latter suffering massive unemployment as well, thanks to the rampant volatility and misalignment of dominant global currencies like the dollar, trade experts from the two countries say.