Project “Brazilian Fruit” exceeded a lot the expectations for Gulfood 2011. Businesses were closed on the order of $ 7.5 million in the event, which represented an increase of 226% compared to last year. The number of contacts also increased about 40%, both in the booth visitations and contacts made. The organization’s estimate is that over the nextContinue reading “Brazilian fruit at Gulfood 2011: a 226% increase in sales”
Category Archives: Brazil
Brazil Takes Off
In late 2009, The Economist covered Brazil in an leader and special report which contrasted the country with fellow BRIC countries, but warned that the biggest risk may be hubris. “WHEN, back in 2001, economists at Goldman Sachs bracketed Brazil with Russia, India and China as the economies that would come to dominate the world,Continue reading “Brazil Takes Off”
How would you like Dilma, Mategna and PT to run Vale?
Rumors that Brazilian federal government aims to replace Roger Agnelli, Vale’s CEO, have been surrounding the market for a long time. Yesterday, minister Guido Mantega, representing the Federal government as one large shareholder, officially requested Bradesco, another large shareholder, the substitution of Roger Agnelli as Vale CEO, according to Estado broadcast agency. Supposedly, the governmentContinue reading “How would you like Dilma, Mategna and PT to run Vale?”
Waging Currency Wars
War! Or what passes for it for central bankers like Mr. Mantega, dispatches from the front, from The Economist. “HAVING quickly shaken off the world recession, many countries in Latin America are prospering again. The region’s economies grew by an average of 6% last year, according to a preliminary estimate from the United Nations EconomicContinue reading “Waging Currency Wars”
Euro area tire maker benefits from increased Brazilian sales
The Economist reports on a Euro area tire maker that benefits from increased sales in emerging markets, in particular, Brazil: “Pirelli reckons its narrower focus on tyres, especially premium ones, will prove an advantage as it expands in emerging markets. Half of its business is already in the emerging world—“more than any other of theContinue reading “Euro area tire maker benefits from increased Brazilian sales”
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