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The largest emerging economies will push ahead with a $50-billion development bank to provide alternative funding for the Brics countries.
Brazil’s tourism minister resigned on Wednesday — the fifth Cabinet member to resign in three months — over allegations of ethics violations.
The Brics are considering offering support to the euro area, possibly by buying bonds, but there are doubts that a significant plan will materialise.
When Dilma Rousseff is sworn in on Saturday as Brazil’s next president, she will take the reins of an emerging giant with a booming economy.
Brazil’s ruling party candidate and front-runner in next week’s presidential election came under heavy fire in a debate over corruption allegations.
Iranian President Mahmoud Ahmadinejad arrived in Brasilia on Monday seeking support for his controversial nuclear programme.
More than a dozen of 34 radio stations ordered shut by the Venezuelan government went off the air on Saturday.
When Hugo Chávez told Barack Obama he wanted to be his friend, there appeared to be a chance he would tone down his anti-US rhetoric.
People around the world are preparing for floods, droughts and other natural disasters in ways largely dictated by wealth and poverty as evidence of climate change mounts, a…
Brazilian President Luiz Inacio Lula da Silva is set to clinch victory in a run-off election on Sunday but will have to forge national reconciliation after an acrimonious…
