US President regards recent trip to Brazil as a “Historic Opportunity”
US President Barack Obama recently concluded a 5 day trip to Latin America aimed at building markets for US exports and extending US influence. Mr Obama commenced the trip hoping to bolster ties with new Brazilian President Dilma Rousseff. ‘Historic opportunity’ In a joint news conference, both leaders flagged up Brazil’s rising economic power. And Ms Rousseff promised that there …
Read MoreBrazil sees record high tourist arrivals in 2011
Brazil received more than 5.4 million international visitors in 2011, up 5.3 percent from 2010, the Tourism Ministry announced Friday. The number of visitors from other South American nations rose from 2.384 million in 2010 to 2.628 million in 2011, with Argentinean visitors remaining in the lead,totaling 1.593 million last year, up 13.9 percent from 2010. Chinese and Russian tourists …
Read MoreBrazil has become the fourth largest source of tourists to the US
Visa issuances to Brazilians tripled between 2006 and 2011, and are on pace for significant gains in 2012. As of February, visa processing was up 57% in 2012 from the same timeframe in 2011. The Department of Commerce forecasts that 2.8 million Brazilians will travel to the United States in 2016, an increase of 87% from 2011. Visa interview wait …
Read MoreBrazilian Real Estate Market Growing Fast
From a thriving hotel market to its burgeoning office and industrial sectors, the commercial real estate industry in Brazil is showing signs that it will continue growing for years to come. “The Brazilian real estate sector is booming and is expected grow at a very fast pace in the next few years,” said Andre Viola Ferreira, a partner with Ernst …
Read MoreBrazil property investors celebrate bumper year
Brazil was the standout success in the Knight Frank global house price index with more than double the increase experienced by the second-fastest growing country, Estonia. Property investors in Brazil had a fiesta last year as house prices jumped by 26.3%, while buyers in Ireland watched prices slump by a further 16.7%. Brazil was the standout success in the Knight …
Read MoreBrazil’s economy overtakes the UK
Brazil’s finance minister said that it has become the sixth largest economy in the world, surpassing the United Kingdom, despite a slowdown in its economic growth. According to the BBC, the National Institute of Economic and Social Research and the Centre for Economics and Business Research confirmed that Brazil’s economy had overtaken the United Kingdom, standing at $2.52 trillion, compared …
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