Brazil’s third-quarter GDP disappointed analysts with 0.6% versus a market consensus of 1.2%. revisions in GDP growth forecasts for both this year and 2013. Main surprises Private consumption was up 0.9% but investment decreased (-2.0%) and government spending (+0.1%) came as the main surprises, according to ITAU BBA research. What did well? Agriculture sector with 2.5% while the industryContinue reading “Brazil’s GDP disappoints but tax burden is record”
Monthly Archives: November 2012
How difficult is it to hire in Brazil? The EDF view
A room full of lawyers and business executives gathered in Paris to discuss protectionism in Brazil. Heavy weights companies like EDF, SAFRAN and Credit Agricole among others, brought their experience in day-to-day issues. Guillaume de FORCEVILLE, new markets director of EDF, said it was not difficult to find qualified workers in the energy sector. HisContinue reading “How difficult is it to hire in Brazil? The EDF view”
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