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Brazilian exports exceeded for the first time, the mark of US$ 250 billion this year, according to figures released today, December 26, by the Ministry of Development, Industry and Foreign Trade. The record volume of US$ 250.3 billion recorded between January and the fourth week of December is 24% higher than in the past year, which had been 201.9 billion. …

Britain has lost its spot as the world’s sixth largest economy to Brazil, according the Centre for Economics and Business Research. The resource-rich South American economy has surged on exports to China, unhampered by the 2008 financial crisis that has hit growth in the UK. CEBR chief executive Douglas McWilliams said: “Brazil has beaten the European countries at soccer for …

Brazil’s government statistics agency says the unemployment rate in Latin America’s biggest economy was 5.2 percent in November — the lowest level since the government started keeping records in 2002. The state agency known as IBGE says the figures are a sign of the country’s solid economy in a time of global crisis. Unemployment has been decreasing in Brazil since …

Investors worried about an overheated Chinese housing market need only turn to Brazil. This real estate market has legs. And the recent five year real estate boom there has a good five more years before home values stop appreciating. Housing prices have cooled in recent months, but are rising year over year. Interest rates are falling to single digits once …

Brazil’s economy is weathering the global economic turmoil and the crisis in the eurozone thanks to “solid” economic policies, International Monetary Fund president Christine Lagarde said Thursday. “Brazil from the IMF point of view has had a very solid track record, it’s in very good economic condition, thanks to very solid macroeconomic policies,” Lagarde said in a visit to the …