Part one. Brazilian economical and energetic development are everyday more impressive. Today this big country is the second biggest Ethanol fuel producer in the world. This fuel is a derivative from sugar cane. 36 years ago, Brazil started a brand new energetic policy with the Pro Alcool program in 1975. At launch time, this programContinue reading “Ethanol fuel: a Brazilian distinguishing feature between hope and contradiction 1/2”
Category Archives: Economy
Brazilian entrepreneurs are cautious
RIO – Brazilian entrepreneurs confidence dropped in July, according to the Business Confidence Index Industrial (ICEI). The index is prepared by the National Confederation of Industry (CNI). Taming inflation will affect growth? “The data confirm that entrepreneurs are concerned about the effects of rising inflation and measures of containment of consumption on the economy that may affectContinue reading “Brazilian entrepreneurs are cautious”
Time to cool down? Is Brazilian economy overheated?
One starts to wonder if it Brazilian economy is overheated. The Economist for one, came with an article – Too Hot (2/6/11) Latin America’s biggest economy is more fragile than it appears. The Economist point is mainly this: the Brazilian government has a big head and risks not doing a good job implementing reforms that are needed. On that,Continue reading “Time to cool down? Is Brazilian economy overheated?”
Brazilians pay record taxes in 2011
Brazilian Internal Revenue Service (Receita Federal) announced a new records showing that taxes are moving put with the economy. Dolar is stable and country risk is down but GDP prognostics for 2011 are decelerating. The first quarter of 2011 set a record for the period of R $ 311.349 billion. This amount represents a growthContinue reading “Brazilians pay record taxes in 2011”
Latest data on labor market in Brazil. (Ask for a raise)
IBGE – the Brazilian Institute of Geography and Statistics – came with good news about domestic labor market. Working population is increasing, unemployment rate dropped and there is a resumption of growth in the real income average. Bottom line: labor market in Brazil is heated. More jobs Unemployment rate was 6.5% in March, close to the lowest level in theContinue reading “Latest data on labor market in Brazil. (Ask for a raise)”
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