It is probably true that China is the luxury industry’s new El Dorado. But Brazilian millionaires and middle class are busting a market expected to grow 33% in sales in 2011. Traditional fashion icons such as Hermes and Rolls-Royce are setting foot in the tropics. So is Coach, the American shoe, handbag and accessories maker.Continue reading “Brazilian’s luxury power”
Monthly Archives: November 2011
Startup Weekend: Backed by Google and Bill & Melinda Gates Foundation
Is it possible to launch a successful startup from scratch in only 54 hours? With the logo, “no talk, all action” Startup Weekend events bring entrepreneurs and supporters together and teaches them how to share ideas, form teams, build products and launch companies, all during a 54-hour crash-course weekend. Sounds too good to be true?Continue reading “Startup Weekend: Backed by Google and Bill & Melinda Gates Foundation”
Should one worry about Brazilian democracy?
One of the pillars of Brazilian good economic phase is a political stability built over more then 30 years. A turnaround case from the dark 70ths when democracy was “constrained” by the military regime. Now, signs of concern arise as recurring news about corruption raises the yellow flag. The issue got the attention of CNN.Continue reading “Should one worry about Brazilian democracy?”
Brazil-Russia trade gains momentum
So says the Russian newspaper Moscow Times. Furthermore, to raise awareness of Russia in Brazil, the Russian business council worked a deal with Brazil’s major daily Folha de Sao Paolo to publish an insert with articles from the Russian government’s Rossiiskaya Gazeta every month, according to Sergei Vasilyev, chairman of the Russian-Brazil Business Council. Deals on the table Power Machines is negotiating deliveriesContinue reading “Brazil-Russia trade gains momentum”
Brazilian economy cools down with global turbulence
For the fifth consecutive week, Brazilian financial analysts reduced their estimates for the Brazilian economic growth this year. Local market sentiment poll – Focus Report According to the Focus report, released by the Brazilian Central Bank the forecast 2011 GDP (Gross Domestic Product) fell from 3.29% to 3.20%. The same happened in the inflation projectionContinue reading “Brazilian economy cools down with global turbulence”
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