BRAZIL NEIGHBOR ARGENTINA POISED TO GROW IN 2011, BUT HIGHLY DEPENDENT ON BRAZIL ECONOMY

Argentina poised to grow 6% in 2011, but highly exposed to Brazil dependency

Strong demand in Brazil and Latin America has created the conditions for a stronger-than-expected economic rebound in Argentina, an IMF official said on Monday.

 

IMF economist Jorg Decressin recommends anti cyclical policies

“As far as growth is concerned, we are seeing a stronger rebound in Argentina than what we had expected, partly driven by very buoyant demand in the region including in Brazil” IMF economist Jorg Decressin told reporters in Washington.

However, he said Argentina needs to change some policies to be in stronger shape to withstand future shocks.

“Over time we believe that policies in Argentina will need to become somewhat less pro-cyclical than they are right now to rebuild policy space for the future. And if that happens, then the economy will also be in good shape to weather new shocks, if and when they arrive,” Decressin said.

BRAZIL TO INVEST $5.5 BILLION IN RENEWABLE ENERGY BY 2013

Brazil to Invest $5.5 Billion in Renewable Energy Sources by 2013

Posted by Greener Tomorrow on September 30th, 2010

 

The Brazilian government earlier this month held a wind, hydroelectric and biomass auction that is expected to prompt US$ 5.52 billion in investments in renewable energies in Brazil. The resulting investments are expected to come primarily from private enterprise.

The auction, which contracted power from 89 wind farms, small hydroelectric plants and biomass plants, will add an installed capacity of 2,892.2 MW to the national energy matrix.

Renewable Energy - BRIC (Brazil, Russia, India, China) Industry Guide

Brazil’s alternative energy auction was conducted through a process whereby the government first announced the energy demand stated by distributors to serve the market by 2013, and then electricity generators competed to provide energy to fill that demand at the lowest price.

BRAZIL BOOM: 9.1 MILLION FAMILIES PLAN TO BUY HOME IN NEXT 12 MONTHS

A total of 9.1 million families plan to buy real estate in Brazil over the next 12 months which is a huge increase since the Minha Casa Minha Vida (My House, My Life) program was introduced in 2009.

A recent survey carried out by the Data Popular Institute has found that 9.1 million Brazilian families intend to buy a property in Brazil over the next year. This purchase would allow them to leave rental accommodation and become property owners.

The subsidies and benefits included in the social housing program Minha Casa Minha Vida mean that buying instead of renting is an increasingly popular option. Minha Casa Minha Vida offers reduced mortgage interest rates to qualifying families so monthly mortgage payments are invariably cheaper than rent.

The number of potential buyers of Brazilian real estate has

WHILE THE WORLD BURST ITS BUBBLE, GOOD TIMES FOR BRAZIL HAVE JUST STARTED

It's been over 3 years since the majority of the developed world's housing markets saw their bubbles burst. Yet, along with a number of other so-called 'emerging' countries, Brazil has witnessed what many commentators and professionals have termed as the start of a long-term growth trajectory.


In 2010, renowned real estate developer Donald Trump, for example, talking about Brazil, commented to the Los Angeles Times that: "It is one of the few places in this troubled world I feel confident to make an investment."



And the modern day sage of value investing, Warren Buffett, told Fox News: "Brazil has cleverly positioned itself to become one of the world's greatest investment opportunities in modern times."

THE ZEN OF BRAZIL

Written by B. Michael Rubin

Thursday, 27 January 2011 14:52

It's a cliché to say it takes longer to get things done in Brazil. Everyone knows life moves a little more slowly in the developing world than in developed countries. From an American perspective, Brazilians are never in a hurry, and conveniently, it's impossible to be late in Brazil. The irony of clichés, of course, is they state the obvious, so people tend to forget them. However, there is something in this cliché - the ability of Brazilians to face schedules and deadlines with a less-than-rigid attitude - worth remembering. There is a depth and history here that goes beyond cliché.  Brazilians have an inherent faith that everything will work out in the end, one way or another, even if it's not as planned. And if things do not work out in the end, it's because you haven't yet reached the end, so just be patient.

RAISING AMERICAN CHILDREN IN BRAZIL

Here is a story that I came across.  Something that I can relate to, except my wife and I are both American but nevertheless we are raising our children in Brazil.  Enjoy

Raising American Children in Brazil

By David Persons February 15, 2011   Back in the USA my wife (Brazilian) and I never really gave much thought to raising our family in Brazil, since we were well established there, but late 2006 as we felt the crisis coming we started to discuss the possibilities of international relocation. Since the US economy was heading towards a collapse and by mid 2007 we had made the final decision to relocate to Brazil after carefully considering the alternatives... By relocating we would be able to maintain a similar quality of life and continue private schooling for our children, which was and has always been our priority from the beginning. We then made the "Move" internationally, we loaded up our house into a container and shipped it out. In 45 days our home would arrive so we had

OBAMA: BRAZIL AN EXAMPLE TO THE ARAB WORLD!

A Família de Obama vai chego aqui no Brasil neste fim de semana.  (transl. The Obama Family just arrived in Brazil this weekend.)

“ My mother is gone now, but she would’ve never imagined that her son’s first trip to Brazil would be as President of the United States,” Obama said. “And I never imagined that this country would be even more stunning than it was in the movie.”

President Obama is greatly admired in Brazil and has helped greatly with the image and status of the U.S. after some rough diplomatic years with former President Bush.

Obama: Brazil's democracy an example to Arab world

RIO DE JANEIRO – As U.S. warplanes pounded faraway Libya, President Barack Obama praised Brazil's transition from dictatorship to democracy as a model for the Arab world where decades of stability enforced by strongmen are giving way to an uncertain but potentially brighter future.