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08/07/08 ArcelorMittal to invest additional $1.6bn in Brazil

ArcelorMittal on Thursday unveiled plans to invest $1.6 billion in its long carbon steel operations in Brazil. This comes on top of the $1.2 billion investment previously announced for the expansion of the company's Monlevade...

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08/07/08 Why Brazil is a BRIC in IT

In the context of a global and connected economy driven by technological innovations, developing countries face the challenge of establishing an appropriate basis for building their capacity to create and develop knowledge and...

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08/07/08 2Q profits for Brazil miner Vale soar 22 percent

Brazil's Vale mining company will set new output and profit highs in 2008 as demand for iron ore soars in emerging economies, the company's chief executive predicted on Thursday, after Vale reported record second-quarter profits...

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08/03/08 Brazil Creates $21 Billion Fund to Slow Amazon Deforestation

Brazilian President Luiz Inacio Lula da Silva signed a decree creating an international fund that will seek to raise $21 billion over the next 13 years to fight deforestation in the Amazon. Norway will be the fund's first donor,...

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08/01/08 Brazilian Beef Clan Goes Global As Troubles Hit Market

"There are no limits" to expansion opportunities, says José Batista Jr., the founder's 48-year-old eldest son, who is member of the JBS board. The senior José Batista got his start a half century ago buying cows and selling them...

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07/31/08 Strong Economy Propels Brazil to World Stage

Desperate to escape her hand-to-mouth existence in one of Brazil’s poorest regions, Maria Benedita Sousa used a small loan five years ago to buy two sewing machines and start her own business making women’s underwear.Today Ms....

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07/30/08 Doha Collapse Slows Brazil's Rise on Global Stage

The collapse of world trade talks will not hit Brazil's booming economy immediately but the failure to gain new markets for its farm exports and to expose industry to more competition may slow its ascent to becoming a global...

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07/29/08 Brazil's oil giant Petrobras ranks second largest company in Latin America

    Brazil's state-owned oil and gas giant Petrobras ranked the second of the 500 largest companies in Latin America in 2007, the Chilean magazine America Economia reported Monday.     Brazilian companies occupied 210 of the 500...

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07/29/08 ADM to start ethanol production in Brazil

U.S. food and grains company Archer Daniels Midland will start cane-based ethanol production in Brazil with local partners, a Brazilian newspaper said on Monday. The company will participate in joint ventures to open two mills,...

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07/29/08 Analysts Share their Outlook for Brazil at Chamber Seminar

"My view is that if the global slow-down continues to see a continuous decoupling as it has seen in the past twelve-months, the risks to Brazil will be greater," said Gray Newman, managing director of the Latin American...

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07/28/08 Brazil's Central Bank May Say 2009 Outlook Worsened: Week Ahead

Brazil's central bank may say its outlook for 2009 inflation has worsened, stoking speculation policy makers will continue to raise interest rates faster than economists estimated. The minutes of bank's board July 22-23 meeting,...

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07/23/08 Brazil's Suzano to invest $4.8 bln to boost output

Brazilian paper and pulp company Suzano said on Wednesday it will invest $4.8 billion over the next seven years to more than double its production capacity. The company plans to build two new pulp production units in the...

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07/23/08 Brazilian ethanol plants to get $260m loan

Latin America’s biggest development institution is prepared to defy growing environmental concern about biofuels by lending money to a $1bn-plus Brazilian ethanol project. The board of the Inter-American Development Bank is set...

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07/22/08 Brazil races ahead of rivals

One emerging market attracting a flood of investment capital is Brazil. With more than $1bn (£400m, €628m) in commercial real estate deals signed each quarter, the country has raced ahead of other regional rivals such as...

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07/18/08 Brazil Stocks Upgraded at Morgan Stanley on Growth

Investors should buy Brazilian equities, which this month erased all the gains since the country was given investment-grade status in April, because of their earnings growth outlook, Morgan Stanley said. Brazil was upgraded to ``...

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07/18/08 NAMA Talks Show Little Progress In Advance Of Ministerial Meeting

In this week before a meeting of trade ministers, Geneva negotiators made little progress on narrowing their differences in the negotiations on non-agricultural market access (NAMA), with countries mostly maintaining their hard-...

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07/17/08 OECD Report Confirms Overall Benefits of Brazilian Sugarcane Ethanol

The Brazilian Sugarcane Industry Association (UNICA) welcomes the OECD Report "Economic Assessment of Biofuel Support Policies" as another major report that highlights the benefits of sugarcane ethanol in terms of greenhouse gas...

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07/16/08 Toyota May Invest $700 Million to Build Brazil Plant

   Toyota Motor Corp., the world's second-largest automaker, may invest as much as $700 million to build a new plant in Brazil, the country's trade minister said. Shozo Hasebe, Toyota chief executive for the Mercosur region, told...

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07/15/08 Brazil Consumers Draw Retail to Smaller Cities

Brazilians' biggest shopping spree since 2001, fueled by rising wages and credit, is drawing investments to smaller cities as retailers chase consumers outside of Sao Paulo and Rio de Janeiro. Macae, a former fishing village that...

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07/14/08 InBev's CEO Brito takes global stage with Bud bid

When Carlos Brito started working at Brazilian brewer Brahma in 1989 the company looked to Anheuser-Busch Cos for inspiration for its marketing strategy and sales techniques. As chief executive of Belgian-Brazilian brewer InBev...

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