Brazil’s Emerging Economy Equals Big Shift
Brazil has recently been showing distinct and overt signs of growth. The South American country now hosts an economy that has overtaken the UK as the sixth largest in the world. With a population of 200 million, Brazil is proving to be a major power player, especially given its close connection to fellow up and comer China, with both countries …
Read MoreBrazilian President Promises More Income and Jobs in 2012
President Dilma Rousseff has said recently that Brazilians can expect a 2012 with more income, jobs, opportunities and growth for the country. “We’ll have to work hard, but the year began with good news: the increase of the minimum wage,” said Rousseff in her usual Monday radio program with the President, in which she talked about a series of economic …
Read MoreRio de Janeiro air traffic up 20% in 2011
Rio de Janeiro’s Galeão International Airport hit a record 2011, handling almost 15 million passengers. Last week saw the arrival of the first Emirates flight from Dubai, which then continued on to Buenos Aires in Argentina. Around 25% of the airport’s traffic is on international services. In just eight years, passenger numbers at the airport have more than trebled from …
Read MoreBrazil’s economy storms into 2012
Brazil’s economy storms into 2012 Brazil’s economic future appears to be as impressive as the view from Francisco Itzaina’s high-rise office in downtown Rio de Janeiro. With cargo ships, ferries and cruise liners plying their trade on the sea, and other skyscrapers rising in the foreground, it is a picturesque sight. The giant scale of everything is also indicative of …
Read MoreBrazil’s Exports Surpass US$ 250 Billion for first time in history
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. …
Read MoreBrazil takes over UK as world’s sixth-largest economy
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 …
Read More