This research indicates that major metros such as Sao Paulo, Rio de Janeiro, Brasilia, and Belo Horizonte are becoming the hubs of industrial activities because of significant growth in the Brazilian economy. Sao Paulo and Campinas are hubs of the automobile industry, and Port Alegre, Curitiba, and Campinas are becoming centers of the electrical and [...]
Cristina and Dilma, smiles and politeness, but that is not what happened behind doors Under the heading of “Brazil and the neighbours’ crises, just next door” columnist Sergio Leo exposed the growing concern and disenchantment in the cabinet of President Rousseff with the economic situation of Argentina and Venezuela, Mercosur partners. “Ideology sympathy was strong, [...]
[BRASILIA] Brazil’s economy will grow less than 3 per cent this year, lower than previously predicted, according to the latest forecast released on Monday. Analysts and traders surveyed by the South American country’s central bank said they estimate GDP will increase by 2.98 per cent in 2013, anticipating for the first time that growth will [...]
SAO PAULO | Thu May 16, 2013 7:36am EDT SAO PAULO May 16 (Reuters) – The Brazilian central bank’s IBC-Br economic activity index rose 0.72 percent in March from February in seasonally adjusted terms, the bank said on Thursday. The median estimate in a Reuters survey of 24 analysts, conducted before the government reported a [...]
Posted by Abdul Ahad 61 SAO PAULO: Economic activity in Brazil accelerated in the first quarter, central bank data showed on Thursday, adding to signs that a gradual recovery has gained steam after massive stimulus by President Dilma Rousseff’s government. The improvement happened even though retail sales, one of the main pillars of recent economic [...]
MINSK, 16 May (BelTA) – The Gomel-based Belarusian mechanical engineering company Gomselmash intends to supply more machines to Brazil. The matter was negotiated during the agricultural expo AgroBrasilia 2013, BelTA learned from the press service of the Belarusian Foreign Ministry. The expo takes place in the federal district of Brazil on 14-18 May. During the [...]
Brazilian President Dilma Rousseff yesterday won congressional support for a plan to attract private capital and boost investment in ports by $27 billion. The two houses of Congress approved government legislation that eliminates concession fees and allows private ports to handle shipments from outside companies. Brazil’s Senate approved the bill in a 53-7 vote following [...]
By Rogerio Jelmayer SAO PAULO–Brazil’s economic activity posted a slightly expansion in March, increasing expectations that Latin America’s largest economy will post tepid activity in the first quarter of this year. The Brazilian central bank’s economic activity index, or IBC-Br, was up 0.72% from the previous month on a seasonally adjusted basis, while it was [...]
Thu May 16, 2013 8:14am EDT * Central bank’s IBC-Br index rises 1.05 pct over Q4 * Economic activity rises 0.72 pct in March from Feb * Index seen as early snapshot of forthcoming GDP data By Silvio Cascione SAO PAULO, May 16 (Reuters) – Economic activity in Brazil accelerated in the first quarter, central [...]
Xinhua | 2013-5-17 17:07:56 By Agencies E-mail Print Brazil’s economy would grow by 3 percent this year, Central Bank President Alexandre Tombini said here Thursday. “Household consumption is solid and increasing, due to salary growth and job generation. Investment returned in the fourth quarter of 2012 and intensified in the first quarter of 2013,” Tombini [...]