Posted in ECON STUFF, tagged Brazil, economy, future, growth, The Economist on 12 November, 2009 | Leave a Comment »
Brazil Takes Off
Now the risk for Latin America’s big success story is hubris
Interesting article that gives a summary of how Brazil got where it is and the obstacles it faces to get where it wants to be. There are two links to other articles on Brazil that should also be read.
Go to Article
Posted in CITIES: Rio, DOING BUSINESS, ECON STUFF, WORKING IN BRAZIL(WIB):, tagged Brazil, commercial, DOING BUSINESS, property, renting on 11 November, 2009 | Leave a Comment »
Rio’s Risky Commercial Real Estate
Unless you are rich, earning a living in Brazil is what will make or break any expat who makes the move. Getting a well paid job once here is almost impossible unless you have fluent Portuguese and a Permanent Visa. If you, instead, plan to open a business, you still face [...]
Posted in ECON STUFF, tagged Brazil, BRIC, economy, EDUCATION, future, future growth, problems, projected growth on 8 November, 2009 | Leave a Comment »
Latin America will do well,
but not great
Brazil’s economy is on a roll now, but looking ahead the picture is not as bright as this article points out.
Brazil has made impressive progress over the last 15 years, but it needs to make some fundamental changes to get the country growing faster. Brazil is capable of [...]
Posted in ECON STUFF, tagged Brazil, budget, deficit, economy, Lula, spending on 1 November, 2009 | 1 Comment »
Brazil Sept. Budget Deficit Widens to Nine-Month High (Update3) – Bloomberg.com.
Posted in ECON STUFF, MULTINATIONALS:, tagged Brazil, cattle, chickens, goias, JBS, meat, MULTINATIONALS:, processing, production on 30 October, 2009 | Leave a Comment »
JBS Spreads Its Wings
Cluck, moo, oink, ka-ching
UNLESS you work with quadrupeds, it may have escaped your notice that a Brazilian company, JBS, is about to become the world’s largest processor of meat. Its recent acquisition of Pilgrim’s Pride, a big chicken processor in America and Mexico, and a pending merger with Bertin, another Brazilian firm, [...]
Posted in ECON STUFF, tagged Brazil, property, tax on 29 October, 2009 | Leave a Comment »
Brazilian Property Tax Made Simple
By Nicholas Storey, Contributing Reporter
Brazilian investment opportunities run from beach properties to historical purchases in towns such as Ouro Preto, in Minas Gerais, photo by Brazilian Ministry of Tourism.
RIO DE JANEIRO – All land purchased in Brazil is subject to [...]
Posted in ECON STUFF on 25 October, 2009 | 1 Comment »
Brazil’s Lula Turns to the Economic Left | Newsweek International | Newsweek.com.
Lula on spending spree
Although Brazil escaped the worse of the economic crisis and is being mentioned around the world as an up and coming economic power, increased government spending makes those of us who lived through the inflation years nervous. This combined with the [...]
Posted in ECON STUFF, tagged Brazil, fixed-income, foreign investment, IOF, stocks, tax on 20 October, 2009 | Leave a Comment »
FT.com / Americas / Finance & Markets – Brazil imposes tax on foreign investments.
Posted in BRAZILIAN NEWS:, ECON STUFF, tagged Brazil, CRIME, Financial Times, future, potential on 20 October, 2009 | Leave a Comment »
FT.com / Columnists / Michael Skapinker – Brazil is the 21st-century power to watch.
Posted in ECON STUFF, tagged Brazil, currency, decline, economy, Real, US Dollar on 14 October, 2009 | Leave a Comment »
On 2 December, 08, the US$ was worth 2.52 Reais. On 13 October 2009; 1.73.
The represents a drop of 31.34% in the US$.
Inflation over this period was approximately 3.4%.
The BR Real also strengthened again the EURO and British Pound.
Posted in ECON STUFF, tagged Brazil, consumer, cost brazil, custo brasil, purchasing power, retail, tax burden, Taxes on 4 October, 2009 | Leave a Comment »
click for larger image
The Association of Young Business People held a Tax Fair Saturday, whose aim was to show the tax rate on consumer goods. Attendees filled out coupons for specific products. If their name was drawn, they were able to purchase the product tax-free.
Product
Retail Cost
Tax-Free Cost
Savings
VW GOL
27,590
16,789
10,801
Motobike Dafra Super 125 cc
3,090
1,875
1,215
Posted in ECON STUFF on 2 October, 2009 | Leave a Comment »
How Brazil’s Lula Sees the Emerging World Order – BusinessWeek.
Posted in CITIES: Brasília, ECON STUFF, tagged Brazil, economic classes, economy, family income, middle class, poorest class, upper class on 25 September, 2009 | Leave a Comment »
25 Sept. 09 US$ = R$1.80 EURO = R$2.64
This is a summary of an article written by CIRILO JUNIOR in Folha Online
Fundação Getúlio Vargas criteria for the economic classes in Brazil are as follow:
(family income per month)
AB: income exceeding R$ 4,807
C: between R$ 1,115 and R$ 4,806
D: between R$ 768 to R$ 1,114
E: [...]
Posted in ECON STUFF, tagged Money, Brazil, credit cards, debt, using, spending, overdrafts, personal loans on 23 September, 2009 | Leave a Comment »
Brazilian Credit Card Debt Breaks A Record
Brasilia – Brazilians have never owed so much on their credit cards. Data from the Central Bank (BC) shows that the use of revolving credit, installment with interest and withdraws amounted to R $ 14.56 billion in July, a record. The debt also hit a record US$ [...]
Posted in ECON STUFF, tagged Brazil, government, Laws, mining, private, reform, sector on 22 September, 2009 | Leave a Comment »
* Brazil gov’t mulls higher royalties, more control
* Miners fear costs may drive investors elsewhere
By Reese Ewing and Peter Murphy
BELO HORIZONTE, Brazil, Sept 21 (Reuters) – Brazil’s plan to reform its mining code and potentially raise the royalties paid by mining companies must ensure the mineral-rich country can compete with up and coming resource providers [...]
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