Law enforcement officials in Brazil are searching for a gang that broke into a police station, stole confiscated drugs, money and weapons before blowing the building up with dynamite.

Brazil and Argentina abandon the dollar in their bilateral trade agreement.

At least two people have died and over 80,000 people are homeless in Brazil due to floods and mudslides caused by heavy rains.

Juan Carlos Ramirez Abadia, a Colombian drug lord who allegedly shipped 550 tons of cocaine to the U.S., was sentenced to over 30 years in prison for crimes committed in Brazil. Ramirez says he would like to be extradited to the U.S., where he faces racketeering charges, because he "fears for his life."

U.S. officials say they are ready to accept "binding international obligations" to reduce carbon emissions, as long as developing countries like China, Brazil and India make the same commitment.

Bolivia, Brazil and Chile will pool $600 million to build a highway that runs from Brazil to Chile, linking the Atlantic and Pacific coasts of South America.

A Brazilian ice cream company is giving away 10,000 iPod Shuffles inside packages of their fruit-flavored popsicles. (via Boing Boing Gadgets)

Brazil has announced that it has discovered oil reserves that could rival those of Venezuela and Saudi Arabia.

FIFA has officially named Brazil the host of the 2014 World Cup. It's the first time a South American country hosts the event since Argentina '78.

Brazil will spend $36 million to look for oil in the Amazon rainforest.