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05/07/08 A Boom Year for Brazil

If harried American investors are considering the old adage "Sell in May and go away," Brazil might prove a sunnier destination. Ratings agency Standard & Poor's upgraded Brazil to investment grade last week, and shares...

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05/06/08 Brazil Keeps Booming

Brazil reaches investment grade earlier than expected. Meanwhile, FDI is setting new records. Brazil's boom appears without end. It was only fitting that President Luiz Inacio Lula da Silva spent Friday receiving a delegation of...

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05/05/08 Gains consolidating after Brazil upgrade

Investors are expected to fine tune their emerging markets portfolios this week following a sharp rally set off by the upgrade of Brazil's sovereign ratings to investment grade on Wednesday.The week should start on a slow pace,...

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05/05/08 Brazil's Potential [Energy Central]

Brazilians are dancing in the streets. But will the hoopla last? The celebration comes amidst observations by key energy officials there that surveyors have discovered an area off-shore that may hold 33 billion barrels of oil....

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05/03/08 Examining Sustainability amid Tourism Growth in the Costa dos Coqueiros

The Costa dos Coqueiros, or Coconut Coast, the 120-mile stretch of coastline stretching from the northern edge of Salvador to Bahia’s border with Sergipe, is a hotspot for Brazilian tourism growth.  Based on land acquisitions and...

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05/03/08 Medical Travel: An Unexplored Opportunity for Brazil

A number of factors point toward rapid growth of the industry in coming years, among them: an increasing need for medical care associated with the aging of world and U.S. populations; a growing demand for “lifestyle” care such as...

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05/02/08 World Bank Announces Four-Year, US$ 7 Billion Partnership Strategy with Brazil

The World Bank Group on May 1 approved its new Country Partnership Strategy (CPS) for Brazil, which will guide the Group’s overall program in the country for 2008-2011.The World Bank Board expressed strong support for the new...

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04/30/08 Brazil forecasts record ethanol production in 2008

Brazilian officials forecast on Tuesday record sugar cane crops and record ethanol production for 2008 that will boost exports of ethanol by more than 23 percent. The Agriculture Ministry forecast that Brazil is expected to...

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04/30/08 Brazil Bank Lending Rises on Consumer, Company Demand

Brazil's bank lending expanded 3.5 percent in March, the biggest monthly increase in more than three years, as consumers borrowed to buy cars while companies sought more working capital. State and non-state bank lending was 992.7...

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04/30/08 The Liberalization of the Brazilian Reinsurance Market: on April 17th, 2008, Brazil opens its Reinsurance Market to Foreign and National Companies

After 69 years of the Brazilian reinsurance industry state-held monopoly centered on IRB-Brasil Re (IRB  BRASIL RESSEGUROS S.A., the compulsory reinsurer for all domestic risk), on the 17th of April of 2008, Brazil opens its...

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04/29/08 APC: Latin Sales Surge

Brazil, Venezuela and Colombia are helping boost APC sales in Latin America. Fernando Garcia is bullish on Latin America. As vice president for Latin America for U.S.-based American Power Conversion (APC) he is seeing dramatic...

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04/29/08 Brazil as a Top Tourist Destination: Making Giant Steps in the US Market

Brazilian tourism welcomed 2008 by celebrating a record: US$ 4.953 billion entered the country’s economy through the expenditures of nearly five million foreign tourists that chose Brazil as their destination last year. The...

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04/28/08 Big Oil Moves Upstream Into Brazil's Ethanol Industry

It's finally happened. Big oil's first major company, BP PLC (BP), has moved upstream into the green world of ethanol production. "We don't know what competitors are going to follow suit, but we are glad we got here first," said...

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04/25/08 Brazil's Oi to buy Brasil Telecom for $3.5 bln

Brazil's Oi Participacoes said on Friday it agreed to buy local rival Brasil Telecom  for 5.86 billion reais ($3.5 billion), forging a homegrown telecoms giant to compete with Spain's Telefonica  and Mexico's America Movil. The...

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04/25/08 The Liberalization of the Brazilian Reinsurance Market

On April 17th, 2008, Brazil opens its Reinsurance Market to Foreign and National CompaniesAfter 69 years of the Brazilian reinsurance industry state-held monopoly centered on IRB-Brasil Re (IRB  BRASIL RESSEGUROS S.A., the...

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04/21/08 When will Brazil achieve a full investment grading status?

A look at Brazil's credit rating trajectory in the last five years points at an increasing number of grading actions at a time-frame shorter than the average at S&P 500.  This reflects the dynamist in the Brazilian credit. ...

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04/10/08 Marriott Pledges $2 Million to Protect Brazilian Rainforest

Marriott International will commit $2 million to protect an endangered rainforest in the Brazilian state of Amazonas. The company is also furthering its environmental goals for reducing energy, greening its supply chain and...

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04/10/08 Petrobras:March Brazil Ethanol Sales Likely Outpaced Gasoline

The consumption of ethanol fuel in Brazil in March likely outpaced that of gasoline, the head of the fuel distribution unit of state-run oil firm Petroleo Brasileiro SA, or Petrobras, said Wednesday. "In February, ethanol and...

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04/07/08 Petrobras to Spend $15 Billion to Double Oil Output

 Petroleo Brasileiro SA, Brazil's state-controlled oil company, will invest $15 billion on overseas oil projects, aiming to double its crude oil production to capture growing demand in Asia and South America. The Rio de Janeiro-...

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04/03/08 Brazil: Full Speed Ahead

Brazil is set for another strong year despite the U.S. slowdown and growing global credit crunch, experts say. Last week, Brazil's and Latin America's aviation industry was abuzz with the news that David Neeleman, the founder and...

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