Economy – Page 21 – BRAZILGLOBAL.NET

Brazil’s presidential campaign is theme for an article of the Economist

Brazil’s presidential campaign Falling in love again with the state Mar 31st 2010 | SÃO PAULO From The Economist print edition Just rhetoric, or is the government learning the wrong lessons from the country’s economic rebound? WITH each new figure it becomes clearer that Brazil’s brief recession of 2009 was a fall onto a trampoline.Continue reading “Brazil’s presidential campaign is theme for an article of the Economist”

An international Brazilian company is born: Tereos International

An energy and food giant is emerging in Brazil. It is an interesting strategic move of the French company Tereos. The deal represents the merger of its subsidiaries in Brazil, France and Indian Ocean. The new company will be traded in Sao Paulo and Paris. Total assets surpass 1 billion euros.

A week of good news in the tropics

Two indicators of growth made the news this week; household consumption’s expansion of almost 10% in the last three quarters; and the industrial electricity consumption in February was up nearly 11% year over year. This means it is now on the level it was before the financial crisis. Two distinct moments of the economic cycle,Continue reading “A week of good news in the tropics”

Interest rates in Brazil are kept flat (whether you like it or not)

Last night, The Central Bank of Brazil kept its benchmark rate steady at 8.75%, against market expectations. It was not an unanimous decision, as five members voted for keeping rates flat while the other three voted for increasing rates by 50 bps. Some argue that tightening now would have been the best choice as theContinue reading “Interest rates in Brazil are kept flat (whether you like it or not)”

Brazil: again the safe port for investors?

Negative news flows from Europe may impact investor’s confidence in the short-term. It would be too optimist to think that Brazil is completely immune to a change in investors flows. Nonetheless, the Brazilian Central Bank has recently lifted part of the liquidity relief measures. These measures were adopted to help small banks after the credit crisis. This could be interpretedContinue reading “Brazil: again the safe port for investors?”