Posts Tagged ‘trade’
China pays US$1.2 billion for Brazilian iron ore mine
A state-run Chinese mining company said it has agreed to buy the Itaminas iron ore mine in Brazil from its owner, Bernardo de Mello. The East China Mineral Exploration and Development Bureau, based in Nanjing, said it had bargained the asking price for the mine, which produces 3 million tons of high-grade iron ore a year, [...]
Brazil and Israel to triple their trade
Brazil and Israel have declared their intention to triple their current of trade, to more than US3 billion, during the current visit that the Brazilian president, Luiz Inácio Lula da Silva pays to the country. “We will triple trade between Israel and Brazil by 2015” Paulo Skaf, president of the Federation of Industries of the [...]
The Crafty Superpower
From Newsweek – Brazilian President Luiz Inácio Lula da Silva is on a roll. In recent weeks he’s shared a dais with Gordon Brown and Nicolas Sarkozy, and drew effusive praise (“My man!”) from Barack Obama at the G20 summit in London. He even had a photo op with Queen Elizabeth II. The former machine-tool [...]