Plot: 'Rio' is a 3-D animation feature from the makers of the 'Ice Age' films. Set in the magnificent city of Rio de Janeiro and the lush rainforest of Brazil, the comedy-adventure centers on Blu, a rare macaw who thinks he is the last of his kind. When Blu discovers there's another -- and that she's a she -- he leaves the comforts of his cage in small town Minnesota and heads to Rio. But it's far from love at first sight between the
Why the Real Emerging Markets Boom Has Only Just Begun
Posted by Chris Hunter
There are many reasons why the next decade belongs to countries like Brazil -- one of the world’s emerging economies
The explosive growth potential of emerging markets is not mainstream news…yet.
We are still in what people will one day look back on as the “calm before the emerging markets storm.” A time when investors can still buy emerging markets growth at relatively cheap valuations. A time before the full force of the emerging markets bull market is felt.
To say it’s an exciting time for investors is an understatement. The emerging markets are about to take off on a rocket ride that could span a decade…and even more.
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.
“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 $5.5 Billion in Renewable Energy Sources by 2013
Posted by Greener Tomorrow on September 30th, 2010
The Brazilian government earlier this month held a wind, hydroelectric and biomass auction that is expected to prompt US$ 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.
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.
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
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."
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.