Brazil trade surplus hits record high despite meat woes

Brazil trade surplus hits record high despite meat woes

Its economy might be in tatters, and corruption scandals seem to hit a new sector every week, but Brazil is proving there is a silver lining to be found in every crisis. Latin America’s biggest...
Train Infrastructure

IBGE Brazilian Statistical and Geographic Instit : maps transportation infrastructure in Brazil

Brazil Business Today is a news analysis and monitoring service for business leaders and global professionals worldwide who need up-to-the-minute information related to Brazil.

Source: brazilbusiness.einnews.com

Australian super funds eye Latin American infrastructure

Stephen Anthony, chief economist of the Industry Super Association, told an audience of bankers and industry players from Chile, Mexico, Colombia and Peru that Australian industry super funds are ready to go to Latin...

Brazil passes Anti-Bribery Bill: key aspects for companies | Lexology

Brazil has passed a new Anti-Bribery Bill, which imposes civil and administrative liability on companies found to have engaged in corrupt practices while transacting business in Brazil or with Brazilian entities. The law will go into effect early in 2014. Companies should be aware of the Bill, and in particular, some of the following aspects of the Bill:

The law applies to bribery of Brazilian officials and foreign public officials. As a result, it applies not only to Brazilian companies doing business with foreign entities, but also to non-Brazilian companies, with a subsidiary, branch, office, or representative in Brazil. Companies can be liable for the acts of their officers, directors, employees, or agents through respondent superior, and in certain circumstances, may be strictly liable for their agents’ actions. The law provides a credit against sanctions for companies that have instituted compliance programs. Cooperation and self-reporting are also rewarded through reductions in the sanctions available against companies. It is expected that the Brazilian government will produce more detailed guidelines on the key components of compliance programs, and the exact meaning of ‘cooperation’ in the near future. Fines available under the law can reach as high as twenty percent of the company’s gross revenue from the year prior. If that amount cannot be calculated, fines can reach up to R$60 million (approximately US$26 million). Sanctions may also include suspension of the company’s activities and even dissolution of the legal entity. …

Source: www.lexology.com

Brazil's sugar cane

Brazil to rethink Thai sugar support challenge

Brazil is weighing whether to drop its actions at the World Trade Organisation (WTO) against Thailand's support for its sugar sector as part of its plan to improve trade strategies in line with the...

The Brazilian North-East: Brazil’s final frontier?

THERE is more to Brazil than football, carnival and questionable waxing techniques, writes Nynzi Maung.

Source: www.thenorthernecho.co.uk

Brazil's northeast. Opportunities for growth!

IMF

IMF maintains projections for Brazil’s economy and says the country is close to a...

The International Monetary Fund (IMF) left unchanged estimates for economic activity in Brazil this year and next, and stressed that the country seems close to turning the game as  effects of past shocks decline. IMF...
Brazil Reports 14.6% Jump In February Oil Output YoY

Brazil Reports 14.6% Jump In February Oil Output YoY

Brazilian oil output in February was 14.6 percent higher year-over-year, according to the latest data released by ANP, the South American country’s petroleum regulator. February production touched 2.676 million barrels per day, an ANP statement...
Rema 1000

Discount supermarkets disappearing in Denmark

Discount supermarkets, once a mainstay of the Danish shopping arena, are beginning to fade from the scene. As consumers increasingly choose quality over price, large chains are shutting down discount stores. The numbers have dropped...
Pound crash may harm EU's economy

Falling sterling is a threat to Denmark

Denmark may not be the first country you would think of when assessing the impact of Brexit, but the Nordic economy is already suffering from the fall of the British pound, analysts say. Amid a...
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