World Rejects European Fine on Aviation C02 Emissions

Anuradha R.V.

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.

Free Trade with China? No, Gracias

Cristina Fernández and Wen Jiabao in a videoconference with Dilma Rousseff and José Mujica. Credit: Office of the president of Argentina.

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.

Cilantro Spices Up Coexistence with Drought in Brazil

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, [...]

Brazil and China, Oiling the Wheels of Business

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 [...]

Brazil Drives Energy Integration in South America

Canoa Quebrada dam on the Verde River in the west-central Brazilian state of Mato Grosso.  / Mario Osava/IPS

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.

Brazil Forging Strategic Alliance with Africa

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.

U.N. Taps Brazil’s Experience in Humanitarian Aid

Valerie Amos / World Economic Forum/CC BY-SA 2.0

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.

BRICS Ministers Say New Trade Narrative Sinks Development

The G20 is not representative of the WTO because the poorest countries have no say in setting the trade agenda. / Kim Cloete/IPS

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 [...]

The Downside of China’s Lifeline to Brazil

Pipelines that transport grains from the Suape port in Northeast Brazil. In the background, Brazil's largest flour mill, owned by Bunge. / Mario Osava/IPS

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.

Brazil and South Africa Hit Hard by Exchange Rate Complications

Fishing boats in Cape Town harbour, South Africa, with Table Mountain as backdrop. Credit: Servaas van den Bosch/IPS

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.

RSS IBSA in the News

  • SHYAM SARAN: Lacklustre Brics play to China’s score in Delhi pact
    BusinessDay Published: 2012/04/02 It is clear that China is emerging as the pre-eminent partner in the Brics grouping THE Delhi Declaration and Action Plan adopted at the fourth Brics summit in New Delhi last week would have quickly laid to rest any residual anxiety in western capitals that a serious rival focus of power and [...]
  • Australia invites more Indian investments, collaborations
    The Hindu, 31 January 2012, With Indian corporate sector having committed heavy investments in Australia in the mining, mineral and other sectors, bilateral trade is likely to touch Rs.2-lakh crore (Australian $40 billion) in the next three years from Rs.1.10-lakh crore (Australian $22 billion). In an effort to attract Indian investments further, the Australian Trade [...]
  • Indian tourists to SA rise by over 100% – minister
    City Press, South Africa, 31 January 2012, The number of Indian tourists travelling to South Africa increased by over 122% between 2005 and 2010, says Tourism Minister Marthinus van Schalkwyk. “South Africa is continuing to attract Indian tourists in great numbers, with 67 039 Indian tourists travelling to South Africa between January and September 2011, [...]

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