Daily Archives | Brazil
Brazil Received 5.4 million Tourists in 2011
May 7th, 2012
READ MOREOn Friday the Tourism Ministry of Brazil announced that the country received 5.4 million tourists last year. Argentine tourists remain on the lead totaling 1.5 million. According to Flavio Dino, president of the official tourism promotion agency Embratur, “The figures …
Brazil Invests in Peruvian Natural Gas
April 26th, 2012
READ MOREThree Brazilian leading companies assured last Wednesday that they are increasing exploration and investment in Peru’s natural gas sector. The country prepares to build a pipeline and petrochemical plants. The construction firm Odebrecht will invest 5 billion dollars in the …
TIM Brasil Launches Microinsurance Service
April 13th, 2012
READ MOREMicrofinance is an open field for innovation. Brazilian company TIM Brasil will launch a micro-insurance service through text messages in a few weeks. The first product is a funeral assistance service in case of accidental death. The audience for this …
Dilma Rousseff Visits Washington
April 10th, 2012
READ MOREBrazilian President Dilma Rousseff visited American President Barack Obama last Monday. According to analysts the two day visit to the US with seven ministers and representatives of the business community didn’t generate many expectations since Obama is immersed in its …
Chile, Brazil and Mexico Approve Fiscal Test
April 9th, 2012
READ MOREThe Organization for Economic Cooperation and Development (OCDE) assessed, for the first time, the fiscal transparency of seventy countries. Chile, Brazil and México were among the eight countries approved together with Cyprus, Slovakia, Malta, the Czech Republic, and Saint Vincent …
Opening Mercosur To Third Countries
April 5th, 2012
READ MOREJosé Mújica, the President of Uruguay has been a strong supporter of Mercosur to boost economic growth in South America. On Thursday he will arrive to Brazil to discuss with President Dilma Rousseff trade expansion with a new proposal: opening …
Food Inflation Affects South America
April 4th, 2012
READ MORELatin American press agency MercoPress reveals in a note published yesterday that in 2010 and 2011 inflation has stabilized between 6% and 7% in South America, according to the latest report of the Food and Agriculture Organization (FAO). Nevertheless food …
Middle Class Has Grown in Brazil
March 30th, 2012
READ MOREA study released by consumer finance firm Cetelem BGN and the Ipsos Research Institute demonstrates that the number of Brazilians considered as middle class has climbed from 34% of the population in 2004 to 54% in 2011. This rapid social …
One in Five Manufactured Goods in Brazil were Imports
March 29th, 2012
READ MOREAccording to the “Commercial Opening Coefficient” survey released this week, one in five manufactured goods consumed in Brazil during 2011 was imported. 19.8% of the goods came from overseas, two percentage points higher compared to 2010. 21 sectors out of …
One in Five Manufactured Goods in Brazil were Imports
March 28th, 2012
READ MOREAccording to the “Commercial Opening Coefficient” survey released this week, one in five manufactured goods consumed in Brazil during 2011 was imported. 19.8% of the goods came from overseas, two percentage points higher compared to 2010. 21 sectors out of …