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Private banking industry in Brazil up 15,9% this year

The private banking industry in Brazil turned R $ 337 billion by September this year, up 15.9% from R $ 290.5 billion computed by December 2009. This amount is divided by 62,700 wealthy customers. The funds are the preferred choice for investors with 42% of total volume, followed by fixed income assets with 34% variable income assetsContinue reading “Private banking industry in Brazil up 15,9% this year”

Brazilian Transnational Companies are debated in Paris at the CERALE

A very interesting conference took place yesterday evening at the Centre d’Etudes et Recherche Amérique Latine en Europe (CERALE). Background of the discussion The Brazilian economy performed very well during the 2007/8 financial crisis. The impact of the crisis did no last for a long period and the economic policy implemented to offset the impactContinue reading “Brazilian Transnational Companies are debated in Paris at the CERALE”

Brazil’s Vale and Japan’s Jogmec to survey for metals in Mozambique

Tokyo, Japan, 11 Nov – Brazilian mining company Vale and Japanese state company Japan Oil, Gas and Metals National (Jogmec) have decide to st up a partnership to mine for nickel, copper and platinum in Mozambique, the Japanese company said in a statement published Tuesday. Under the terms of the partnership agreement, which aims toContinue reading “Brazil’s Vale and Japan’s Jogmec to survey for metals in Mozambique”

Bureaucracy versus productivity. Still a negative factor

Taxes. Brazilian entrepreneurs have to work 2,600 hours per year to handle paperwork for all their taxes,the highest figure among 183 countries surveyed by the IFC and the World Bank, in the Doing Business study.By comparison, the global average is 282 hours, and the Latin American and Caribbean average, 385 hours. Source: Bradesco Corretora

U.S. already exports more ethanol than Brazil says Journal Estado de São Paulo

EUA já exportam mais etanol que o Brasil Jamil Chade O Estado de Sao Paulo 02 Nov 2010 O Brasil já tem sua tradicional posição de maior exportador de etanol do mundo seriamente ameaçada. O País foi superado no final do primeiro semestre pelos Estados Unidos em vendas e analistas já apontam que aContinue reading “U.S. already exports more ethanol than Brazil says Journal Estado de São Paulo”