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Posts under ‘Brazil's Economy’

2010 Brazil Summit: “The next 10 years”

We are pleased to inform you that we are now organizing the 2010 Brazil Summit, which will be held Monday, April 26th in New York City during the IMF Meetings.  This year’s theme will focus on “Brazil: The Next 10 Years.” The program will address investment opportunities (video below), primarily in major sporting events, which [...]

BP strikes 7 billion deal to explore oil offshore Brazil

UK energy giant BP has announced it is to enter the deepwater offshore Brazilian oil-exploration market by buying assets owned by US oil and gas producer Devon Energy in a deal valued at US$7bn. Under the terms of the deal, BP will acquire assets in Brazil which include interests in 10 exploration blocks in Brazil, [...]

Brazilian middle class women will spend about US90 Billion in 2010

Brazil has around 200 million inhabitants and its middle class represents nearly half of them – 49,22%, says a recent report by the Brazilian Getulio Vargas Foundation. It´s been growing since the end of last decade. According to the report, close to 91 million Brazilians, who now are part of the middle class – known [...]

Brazil will overtake rich nations in adopting GM crops

Over the next two-three years, developing countries led by China and Brazil will overtake rich nations in adopting genetically modified crops, said Clive James,  chairman of the U.S.-based International Service for the Acquisition of Agri-biotech Applications (ISAAA), quoted by The Wall Street Journal. According to the cientist, Currently, 46% of the land under genetically modified [...]

An X-ray of the female labour market in Brazil by WEF

A wide survey by the World Economic Fórum (WEF)shows that the average  number of women holding the CEO level position in Brazil is high – 11% – if compared with more advanced countries, like Belgium, Canada, France, the Netherlands, Switzerland, the United Kingdom and the United States, which have no female CEOs among the 600 [...]

Brazil plans to dominate nearly half of the world meat market

In 10 years time, Brazil will increase its market share of meat exports – beef, pork and poultry – to 44.5% of world trade in the sector. At the moment, Brazil’s share of the world meat export market is 37.4%. According to forecasts at the ministry of Agriculture, exports of poultry, now 41.4% of the [...]

Brazil´s industrial production grows 16%

Brazilian industrial production had its biggest rise for a January in 15 years: the industrial output rose 16,9% from January 2009, according to the census bureau IBGE. It said that the double-digit jump from a year earlier–which was the largest for a January since 1995–reflected the low base of comparison as January 2009 was still [...]

Brazil will play host to the world´s largest I.P.O

Brazil’s resilience during the economic crisis has made it a favorite investor destination and the country will soon play host to the world’s largest initial public offering, or IPO, this year, according to the Wall Street Journal. OSX Brasil SA, a shipbuilder belonging to the Brazilian billionaire Eike Batista (photo), disclosed plans to raise from [...]

Brazil: The Future Testing Ground of The World

By Betting in Brazil
You are a multinational company with a new product. Where will you test market: San Francisco, London, Jakarta, Switzerland, Japan or Brazil ?
Take a guess.
7.000 new products were introduced in Brazil in the first semester of 2009. Nearly 6% of all new products introduced in the world. Why?
For various reasons.
1. Brazil has [...]

Vehicles sales in Brazil hit record in February

Brazil  registered record motor vehicle sales for the month of February, rising 3.1% on the month before, according to unnamed industry sources cited by local Estado newswire. Sales of autobiles, light commercial vehicles, trucks and buses totaled 213,312 units, up from 199,366 units in February 2009, according to preliminary industry data cited by the sources. [...]