Brazil prepares for major tourism boost
Sipping a very cold beer on Rio de Janeiro’s famous Copacabana beach, it is immediately obvious that Brazil has huge potential as a tourist destination. As the city’s young and beautiful strut their stuff under the azure sky, the sea in front of you, and mountains towering behind you, Rio is a picturesque spot. Add weather seemingly sent direct from …
Read MoreBrazil aims for sustainable economy
2012 is set to be a big year for Brazil, which is saying something given that every one of the seven years the country was under the stewardship of Luiz Inacio Lula da Silva, there were seminal accomplishments achieved. Nevertheless, next year sees Rio de Janeiro host the United Nations Conference on Sustainable Development, an event that takes place from …
Read MoreTelegraph chooses Canada as number one safe haven for property abroad
As an economic hurricane rages through traditional destinations in Europe and the US, buyers must look abroad to property safe havens. In a recent study, top British newspaper The Telegraph has reported Canada as being the number one safe haven for property abroad. While the euro is in crisis. stock markets are in freefall, two prime ministers have been sacked, …
Read MoreStandard and Poor’s raises Brazil’s ratings to triple B
Standard and Poor’s (S&P), the credit ratings agency, said that it decided to upgrade Brazil’s credit ratings to triple B from BBB- as a result of the country’s commitment to implement its financial targets. The agency added that the ratings were related to the country’s long-term foreign currency sovereign credit with a stable outlook, whereas Brazil’s long-term local currency ratings …
Read MoreAirbus Sees $82bn A380 Demand in Brazil
Brazil will need 701 new aircraft valued at about $82 billion in the next 20 years to meet surging domestic demand. Airbus, the world’s largest aircraft maker, aims to sell as many as 26 A380 super-jumbo jets in the South American nation, says Rafael Alonso, executive vice president for Latin America and the Caribbean. The Toulouse, France-based company controls about …
Read MoreNova Scotia’s economy is under a fair wind heading into 2012
There are definite signs, mid-way through the final quarter of 2011, that the wind is filling the sails of Nova Scotia’s economy. The most visible indicator of this improvement is the fact that the province’s unemployment rate has trended steadily lower since the beginning of the year and is now at its lowest level since March of 2010. More significantly, …
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