Like cheetahs in bright yellow shirts, the five-time champion Brazilian World Cup team turned Ellis Park into its own private game reserve on Monday night, stalking its Chilean prey for the first half hour, letting La Roja charge into Brazil territory in numbers and get a sniff of the goal. But then, in the 35th minute, the Brazilians pounced.
Maicon curled a corner kick to the top of the box, where Juan rose to drive home a powerful header and give Brazil a lead. Smelling blood, the Brazilians quickened their pace and went for the kill in the All-South American showdown. Four minutes later, with the largely pro-Brazil crowd still celebrating the first goal, they scored again. (more…)
Argentina and Brazil made significant advances in outstanding bilateral trade issues following a joint meeting between top policy makers from both countries, Brazilian Finance Minister Guido Mantega told reporters.
The meeting, in Brazil’s industrial hub of São Paulo, was jointly chaired by Mantega and Argentine Economy Minister Amado Boudou.
The two ministers announced the creation of a US$ 100 million fund to offer financing to Argentine companies engaged in trade with Brazil. Financing will come from government agencies of both countries.
Creation of the fund came on recognition that Argentina frequently has been at a disadvantage in its trade with Brazil, in part because the size of the Brazilian economy has permitted more economies of scale for Brazilian companies. (more…)