During the meeting in Brasilia, Hugo Chávez and Fernandez signed a joint agreement that is aimed at incorporating the nationalized YPF to the Orinoco Oil Belt and the incorporation of PDSVA to the oil and shale gas exploitation projects in southern Argentina.

Pakistan can learn lessons from Brazil, which has pursued this course in the last two decades and has emerged as the leading nation of South America, they said. The conference on Pakistan-Brazil relations was jointly organised by the Islamabad Policy Research Institute (IPRI) and the Brazilian embassy.

In a conference on ‘Pak-Brazil relations,’ participants highlighted development of soft power, sustained macro-economic stability and conflict-free environment as keys to progress scored by Brazil in the last two years from which Pakistan should learn lessons.

Google‘s head of operations in Brazil, Fabio Jose Silva Coelho, was arrested yesterday for disobeying authorities to take down YouTube videos that criticized a local politician. He was released today after signing a document saying that he promised to show up in court on a date that has yet to be determined.

Brazil is perhaps the only rising power involved currently in Africa with real cultural affinities with countries south of Sahara... “Brazil is not aiming at commercial gain or profit, or any other conditionality”. The cooperation provided is based on values such as the new view of relations between developing countries, inspired in common interest and mutual help.

The National Assembly approved on Thursday the Joint Declaration on the Establishment of Strategic Partnership between Angola and Brazil, as well as the draft resolution on Cooperation between the two countries in defense domain.

"We recognise that countries such as China, India and Brazil are gaining influence less because of the size of their armies than because of the growth of their economies," Clinton wrote in an oped in 'New Statesman' published yesterday.