International Business
Brazil Congress to Decide Raytheon Deal: Brazil’s National Defense Council left it up to Congress to determine the future of a $1.4-billion contract for Raytheon Corp. to build an Amazon radar surveillance system. After a four-hour meeting, the council said President Fernando Henrique Cardoso had resolved that the Senate would decide the fate of the project, which is embroiled in allegations of corruption. The project, known as Sivam, is designed to counter drug smuggling and ecological vandalism in the Amazon basin. Three senior government officials have resigned amid allegations of influence peddling. Lexington, Mass.-based Raytheon has denied any wrongdoing.
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