-
Brazilian Aircraft Maker Embraer Up 32% in Net Revenues
Brazil's aircraft maker Embraer posted growth of 32% in net revenues in the first quarter this year, compared with the same period last year. It totaled 2.3 billion reais...
-
Brazil Issues Half a Billion Dollars in Bonds in US and EU
The issuing of Global bonds in the European and United States market, announced this Wednesday, May 7, by Brazil's National Treasury, is going to total US$ 500 million. The...
-
Brazil to Create US$ 20 Bi Sovereign Wealth Fund to Help Investors
Guido Mantega, Brazil's Finance minister, announced in Brazilian capital Brasília that the Brazilian government is working on creating a sovereign wealth fund of as much as US$ 20 billion....
-
Brazil Creates Registry for Oil-Sector Small Companies
A national registry in Brazil is going to select products and services suppliers to the seven largest oil companies in the country. The Registry System of Suppliers to the...
-
Brazil Sends 16 of Its Writers in a World Love-Story Mission
A postcard from Cairo arrives at the house of a youth in São Paulo. in southeastern Brazil. The correspondence is from his identical twin brother, from whom he has...
-
Brazilian Bus Maker Marcopolo Gets a US$ 30 Million Facelift
Marcopolo, the Brazilian bus and bus body maker, wants to invest 50 million reais (US$ 30.1 million) in its domestic production units by the month of October. The funds...
-
Brazil Widens Its Market in Iran, Egypt and Algeria
Brazil, more than conquering new markets, wants to diversify its exports to countries that are already large importers of Brazilian agribusiness products. It is with that goal in mind...
-
Brazilian President Calls World Criticism of Biofuels "Dirty Trick"
Brazil is not that poor little thing anymore and the country will not allow foreign busybodies to tell Brazilians what they should do. That's the...
-
Brazil's Trade Balance Starts May US$ 174 Million in the Red
In Brazil, May started with a deficit in the balance of trade (exports minus imports). According to data disclosed by the Brazilian Ministry of Development, Industry and Foreign Trade,...
-
World Bank Loans Brazil US$ 7 Bi for Infrastructure and the Poor
Less large loans for the federal government and more small and medium loans for state governments, with emphasis on investment in infrastructure and on the reduction of inequality. This...
-
Brazil Trade Balance Surplus Falls 64%
The trade balance surplus (exports minus imports) in April was US$ 1.744 billion, according to figures supplied by the Ministry of Development, Industry and Foreign Trade. Exports reached US$...
-
Now Investment Grade, Brazil Gets Ready for a Foreign Capital Flood
Brazil's investment grade classification granted to the country by rating agency Standard Poor's should provide further incentives to the entry of foreign direct investment (FDI)...
-
Brazil Sells a Quarter of a Million Light Vehicles in April, a Record
The auto market in Brazil has posted growth of 29.33% in sales of light vehicles in the first quarter of this year over the same period in 2007. Figures...
-
US's Kraft and Brazil's Sadia Join Forces
US company Kraft and Sadia S.A., a Brazilian food firm, have established a joint venture for the production, trade and distribution of cheese under the brand Philadelphia, produced by...
-
Bullish Brazil Gets Record High Stocks and Lowest Dollar in 9 Years
The Brazilian stock exchange (Bovespa), this Friday, May 2, in its first trading session since Brazil was raised to investment grade by Standard and Poor's (the Bovespa was closed...
-
69% Positive: Brazilian President Rides Popularity Wave
Luiz Inácio Lula da Silva, the Brazilian president, celebrated Brazil's newly acquired investment grade condition, which is a magnet for foreign investment by saying: Brazil is a...
-
Brazil Hikes Gas 10%, a First in Three Years
Brazil's Finance Minister, Guido Mantega, has just announced a 10% hike in the price of gasoline and 15% for diesel fuel, the first such increase since 2005. The increases...
-
European Delegation in Brazil Deals with Biofuel and Beef Ban
Twelve European Members of Parliament are currently in Brazil to assess livestock and beef conditions, and the Brazilian biofuel industry. The visit is considered significant because Brazil has only...
-
'A Serious Country:' Brazil Turns Investment Grade, Bonds Explode
Ibovespa, Brazil's stock exchange index, jumped to a record on Wednesday, April 30, after Standard Poor's unexpectedly raised the country's credit rating to investment grade. S P...
-
Liberation Theology Gets New Life in Brazil and Latin America
The recent election of former Bishop Fernando Lugo as President of Paraguay poses a sticky dilemma for the Vatican and underscores the hostile political environment facing incoming Pope Benedict...
-
Exports in the South of Brazil Grow 22%, Well Above National Average
Exports from Rio Grande do Sul state industry, in the South of Brazil, grew 22% in the first quarter when compared to the same period in 2007. In total,...
-
Brazil Trains Hundreds of Doctors in Robotic Surgery
The Syrian-Lebanese Hospital, in São Paulo, in the Brazilian Southeast, is going to start training Brazilian doctors to do surgeries using the Da Vinci robot, a device used by...
-
Brazil's Green Genetic Bank Soon to Be World's Fourth Largest
Brazil is preparing to rise in the global ranking of leading holders of plant species. The Brazilian Agricultural Research Corporation (Embrapa), linked to the Brazilian Ministry of Agriculture, Livestock...
-
Brazil May Have Huge Oil Reserves But Not How to Reach Them
The Brazilian plan to make Brazil one of the world's biggest oil exporters hinges on exploiting crude 6 miles below the ocean surface in deposits so hot they can...
-
Small Companies Grow 8.6% in Rio, Brazil
2008 is shaping up as a banner year for Brazilian small businesses. Revenues of micro and small companies from the state of Rio de Janeiro, in southeastern Brazil, posted...
-
Brazil Gets Record US$ 8.8 Billion in Foreign Direct Investment
Foreign Direct Investment (FDI) into Brazil hit a record high in March. According to the Brazilian Central Bank, the US$ 3.083 billion result was the best ever recorded for...
-
Dollar Pouring into Brazil This Month at a Clip of Over US$ 5 Billion
The balance between entry and exit of foreign currency in trade and financial operations involving Brazil and foreign countries, from April 1st to 24th, was positive at US$ 4.934...
-
Arabs Increase Buys from South of Brazil by 52%
Sales from the state of Paraná, in the Brazilian South, to the Arab market once again rose above the average to other destinations. While exports to the Middle East...
-
Daguerreotype and the Birth of Photography in Brazil
Louis-Jacques Mandé Daguerre (1787-1851) was a French artist from whose name was coined the expression daguerreotype. The daguerreotype supposedly was the first 'photographic' technique to be invented....
-
Brazil's Balances of Trade and Travel Post Deficit
The Brazilian balance of trade posted a negative balance once again. According to figures disclosed today, April 28, by the Brazilian Ministry of Development, Industry and Foreign Trade, during...
