Monthly Archives: October 2011
Has Brazil’s Economy Decoupled Itself? Apparently Mantega Thinks So
According Brazil’s finance minister, Guido Mantega, Brazil’s economy is well shielded against any and all problems that might arise because of the U.S. debt-ceiling controversy or the European fiscal crisis. As in the U.S., President Barack Obama is attempting to … Continue reading
Brazil Inches Forward with its Potassium Project
Brazilian mining giant Vale and state-owned oil giant Petrobras late Wednesday closed in on an agreement that would clear up the way for investments of over $1 billion in potassium mining business. Brazil at present imports over 90% of the … Continue reading
Will Brazil Create More Jobs in Second Half of 2011?
Thanks to exports orders, Brazil’s unemployment rate fell to its lowest since January in spite of efforts by policy makers to cool growth and inflation in Latin America’s biggest economy. According to national statics agency, the jobless rate fell to … Continue reading
Inadequate Ports Hampering Cruise Industry’s Growth Potential
The Brazilian cruise industry grew by 20% annually over the past ten years and reaching a level of 800,000 tourists annually, however, now the pace of cruise expansion in Brazil is expected to encounter a sharp slowdown in the 2011-2012 … Continue reading
US Based CFR Demands More Strengthening Economic and Political Relations With Brazil
According to an independent task force run by the USA based, Council of foreign relations (CFR), it is in the interest of the United States “to recognize Brazil as a complex international actor whose weight on the defining global issues … Continue reading
The Gigantic Oil Reserves
Wonder what could be the oil reserves in Brazil? Well, Brazil’s oil reserves, including latest discoveries in deep waters of the Atlantic Ocean, are of a similar size to those found in the North Sea, according to an exploration official … Continue reading
Posted in ResourceTalk
Tagged Brazil Oil Reserves, Petrobras, Petroleo Brasileiro SA
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M&A Witnessing a Bullish Season
By the end of the first half of 2011, Brazil saw 142 M&A deals worth US$41bn signifying a 15% increase in volume and 24% increase in value over the preceding year. Recently released Brazilian M&A Outlook survey published by “merger- … Continue reading
The Equity Market Correction is Good: IPO Experts
Brazil’s equity market probably seems to have contradicted the fundamental growth story so many investors are banking on, with the benchmark Bovespa index falling 1.3% in 2010 and down 15% year-to-date. However, in spite of that weakness, veteran legal professional … Continue reading
Brazil Gears for Measures for Protecting its Domestic Industry
Last month, Brazil’s president Dilma Rousseff emphasized on launching of a new plan aimed to boost up and shield Brazilian industry against international competition and at the same called for a technological development jump forward. This strategy, according to Brazil’s … Continue reading
Tough Times for Brazilian Beef But Good Time for Coffee Producers
The Brazilian beef exports fell by 9% based on year on year basis. The fall in Brazilian shipments is largely blamed at dearer cattle prices despite relatively steady production, as there was stronger domestic beef consumption, which is estimated to … Continue reading
