Brazil

UPDATE 2-Truckers carry on Brazil strike despite gov't offers, threats

SAO PAULO, Feb 26 - Brazilian truckers continued a nine-day-old strike on Thursday, unmoved by an initial government offer to meet some of their demands or by threats of hefty fines.

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Strike ends at Brazil GM plant after union flexes muscle 26 Feb 2015

SAO JOSE DOS CAMPOS, Brazil - Workers at a General Motors Co car factory in Brazil ended a six-day strike on Thursday after the company dropped plans to lay off 800 employees, the union said, ending the latest labor standoff in the troubled Brazilian auto industry.

UPDATE 1-Brazil posts lowest central government surplus in 7 years 26 Feb 2015

BRASILIA, Feb 26 - Brazil's central government posted its lowest primary budget surplus for the month of January in seven years, Treasury data showed on Thursday, highlighting the challenges the government faces to meet its key fiscal target this year.

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Top Brazil forecaster sees recession but no credit downgrade: Reuters poll 26 Feb 2015

BRASILIA - Brazil's economy is probably in recession already and the slowdown will worsen if the government is forced to ration electricity later this year due to drought, according to the most accurate forecaster in Reuters Polls for Brazilian indicators in 2014.

UPDATE 3-Brazil's Vale misses profit forecast, shares slide 26 Feb 2015

RIO DE JANEIRO, Feb 26 - Shares in Brazil's Vale SA plunged 5 percent on Thursday as the miner posted full-year net income well below analyst forecasts due to a weaker iron ore price and Brazilian currency.

UPDATE 1-Brazil unemployment hits highest in over a year in January 26 Feb 2015

RIO DE JANEIRO, Feb 26 - Brazil's jobless rate rose from an all-time low to the highest in more than one year in January, flagging the recessionary risks of a government austerity drive which has raised taxes and reined in spending.

Some Brazil truckers end strike, but many roads still blocked 26 Feb 2015

SAO PAULO, Feb 26 - Some Brazilian truckers agreed to end a nine-day strike that has crippled supply chains across much of the country, though many roadways remained blocked on Thursday as others pressed to hold out for more concessions from the government.

Brazil's Mineiro shocked at home in Libertadores 26 Feb 2015

BUENOS AIRES - Substitute Cristian Suarez scored four minutes from time to give Mexico’s Atlas a surprise 1-0 away win over 2013 champions Atletico Mineiro of Brazil in the Libertadores Cup on Wednesday.

Soccer-Brazil's Mineiro shocked at home in Libertadores 26 Feb 2015

BUENOS AIRES, Feb 25 - Substitute Cristian Suarez scored four minutes from time to give Mexico's Atlas a surprise 1-0 away win over 2013 champions Atletico Mineiro of Brazil in the Libertadores Cup on Wednesday.

UPDATE 4-Brazil government extends offer to truckers to end strike 26 Feb 2015

SAO PAULO, Feb 25 - The Brazilian government told truckers and transport companies late Wednesday it would extend a year of free financing for vehicles and pass a law that would benefit the sector if protesters ended a crippling strike now in its eighth day.

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'Jihadi John' from Islamic State beheading videos unmasked as Londoner

LONDON/WASHINGTON - The masked "Jihadi John" killer who fronted Islamic State beheading videos has been identified as Mohammed Emwazi, a British computer programming graduate from a well-to-do London family who was known to the security services. | Video