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Many people are surprised by the fact that wine accounts for only 3% of the alcohol drunk in Brazil. Beer is still far more popular in this Latin American country, due at least in part to the warm but humid climate.

On Wednesday this week the Brazilian government is set to announce a range of measures designed to boost the economy. These will be centred on the construction and road-building sectors and will involve investment in the large scale purchase of heavy-duty equipment.

The so-called ‘Rio+20’ international environmental conference ended on a note of controversy last week. The highly publicised gathering attracted many senior political figures from around the globe including Ban Ki-moon, the UN Secretary General, Hillary Clinton, the US Secretary of State and the President of Brazil (the host nation) Dilma Rousseff.

This week there took place a move bound to have far-reaching effects on the Brazilian economy. The BRICS nation this week signed an important agreement with China, another member of the same group. It concerned co-operation in the sphere of Banking, increasingly important for both countries as their economic strength develops.

An important international gathering of the Tourism Industry is happening this week in Brazil in the nation’s largest metropolis, Sao Paolo. The so-called World Conference on Responsible Tourism started on Monday. This is a prestigious international grouping whose interests lie in harmonising (or seeking to harmonise) the global tourist trade with environmental and social responsibility worldwide.

The so-called 'G20' group of developed countries is meeting in los Cabos in Mexico this week. This summit gathering is the seventh such meeting in recent times and certainly one of the most urgent.

President Barack Obama of the USA will not be one of the 130 international Heads of State or Government attending the environmental conference 'Rio +20' in Brazil this week. This is despite rumours to the contrary in recent days.

To help Brazil combat negative effects of the world economy, the national government will this week announce significant new measures, channelled through the individual States. All twenty-seven state governors have therefore been invited to meet President Dilma Rousseff at her palace in Brasilia on Friday.

Following many years of organization and planning the long-anticipated United Nations Conference on Sustainable Development starts in Brazil this week. The cycle of events started today, Wednesday, with the impressive 'Brazil Pavilion' in Rio opened by President Dilma Rousseff.

Izabella Teixeira, Brazil’s Minister of Environment has confirmed the results of an important social survey this week. The findings showed citizens regarded environmental preservation as among their top six concerns, with 13% having this view.

In many parts of the world Valentine's Day, the special day for sweethearts and lovers, falls each year on 14th February. However, in Brazil, it’s different because that date is usually too near the Carnival. in Brazil valentine day or lover's day (Dia dos Namorados) falls of the 12th June

Our popular FREE investment resource 'A Guide to Investing in Brazil' has now been revised and fully updated for 2012, The guide covers everything you need to know about Investing in Brazilian Social Housing and Minha Casa, Minha Vida, and is great reading for anyone considering investing.

The Guide is now available for free download via our resources page.

The Brazilian petroleum organisation Petrobras has announced a massive new discovery of oil and gas reserves. These are located at the facility of Pão de Açúcar, some 200 Km or so from the Atlantic coast of Rio State.