Monthly Archives: June 2010

On the topic of Brazilian Wealth

ITAU UNIBANCO Equity Strategy: Riche Comme un Brésilien The expression “riche comme un Argentin” became popular in Paris, at the end of the 18th century, and continued to be used until the early 1930s. The phrase was generally used to … Continue reading

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Electricity consumption in May: Strong Growth

Electricity consumption in May went up 10.5% YoY, according to the Federal energy research bureau (EPE). Industrial segment was the main responsable for this figures. Industrial consumption reached +15.4% YoY. It means that   industrial activity is growing fast.g relevant growth. … Continue reading

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Brazilian millionaires

Brazil has 127k families with net worth above US$1mn, according to Boston Consulting Group research just made public recently. This means that Brazil is 17th in the ranking of countries with the most millionaires. The US ranks 1st  with 4.1mn households, Japan comes in 2nd, … Continue reading

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Caetano in Paris this Sunday

La Defense Jazz Festival brings Caetano to Paris, this Sunday, 18:00 pm. Le site de Caetano Veloso La Défense Jazz Festival  June, 18 – 27 http://www.vallee-culture.fr/culture/chanson-musique-spectacle-festival/Festivals/Caetano-Veloso

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More M&A in Petrobras plans

REUTERS./REVISTA EXAME Rio de Janeiro-The president of Petrobras, Jose Sergio Gabrielli, said this Monday that the company should increase in ethanol production through acquisitions. “We had a different strategy before. Now we have changed. Our strategy was through greenfield (new … Continue reading

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Rio is the most expensive city in the Americas

Rio de Janeiro ranked 28th among the most expensive cities for foreigners in 2010. In 2009, Rio was ranked 132th in the same study. Quite a change. The study was conducted by ECA INTERNATIONAL, a  British consulting company. All other cities in the … Continue reading

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Energy integration in South America, Cemig is ready

Cemig is ready to grow in South America in coming years, especially,  in Chile, Peru and Colombia.  The company intends to focus in distribution and transmission of electric energy. “This is a new stage. We believe in the long run there … Continue reading

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