Brazil

Parreira will only accept coaching Rio de Janeiro clubs

Parreira will only accept coaching Rio de Janeiro clubs Rio de Janeiro - Away from football stadiums since he resigned as South Africa coach in April, Brazilian coach Carlos Alberto Parreira admitted Monday that he misses the thrill of the sport, but noted that he is no longer willing to work away from Rio de Janeiro, where his family lives.

G20: Further action needed on financial crisis

G20: Further action needed on financial crisisSao Paulo  - Finance ministers of the world's 20 leading economies agreed Sunday in Brazil that global stability and growth must be the cornerstones of any plan to bring volatile markets under control and fight off worldwide recession.

While emerging economies demanded a greater voice in any new regulations or systems that may emerge from the emergency finance summit planned for Saturday in Washington, the European Union had a different opinion.

Brazil: emerging countries need more influence in world markets

Brazil: emerging countries need more influence in world markets Sao Paulo - Developing countries need a greater say in the global economy, said Brazilian President Luiz Inacio Lula da Silva Saturday.

"Developing country participation in (international) decision- making mechanisms needs to be strengthened," he said in his opening speech before a two-day summit of representative of the G20 nations. The meeting is to prepare for a global financial summit next weekend in Washington.

Obama has responsibility to solve financial crisis, Lula says

Obama has responsibility to solve financial crisis, Lula says Rio de Janeiro - Brazilian President Luiz Inacio Lula da Silva said Friday that US president-elect Barack Obama could lose the political capital he has gained if the financial crisis extends for another year.

Obama faces the "greatest responsibility" to solve the widening credit crunch, Lula said.

"Obviously he will have to make moves to solve it, because that crisis cannot extend much longer. All the political capital he gained can be lost if the crisis extends for one or two years."

Lula salutes Obama, asks him to lift Cuba embargo

Lula salutes Obama, asks him to lift Cuba embargo Brasilia  - Brazilian President Luiz Inacio Lula da Silva on Wednesday described Democratic candidate Barack Obama's victory as an "extraordinary event" and asked the US president-elect to lift the decades-old embargo on communist Cuba.

Lula said Obama's historic rise underlined the democratic aspects of US society. "It could only happen in a democratic regime in which society expresses itself."

Lewis Hamilton would have voted for Barack Obama

Lewis Hamilton, Barack ObamaRio de Janeiro - British driver Lewis Hamilton, the youngest-ever Formula 1 world champion, said in Brazil that he would have supported Democratic Party presidential candidate Barack Obama, if he could vote in Tuesday's elections in the United States.

"I wish both candidates the best, but I really like Obama, and if I were (a citizen of) the United States I would have done my best to help him," the McLaren driver said, in comments that the Brazilian daily Folha de Sao Paulo published Tuesday.

Obama is seeking to become the first-ever black president of the United States.

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