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HSBC profit falls 86% on Brazil disposal

Pre-tax profit at Europe's largest bank dropped to $843m (£678m), down from $6.1bn in the same period a year ago. HSBC took a $1.7bn loss on the sale of its Brazilian unit, and it also...
maos dadas brasil e estados unidos

Business in Brazil according to All Abroad Consulting

There is a lot of talk on the right about Brazil's movement to the left. Lots of people are using words like Bolivar, Chavez, Cuba and Morales thus making the inference that Brazil is becoming som...

Source: allabroadconsulting.wordpress.com

excellent article Why Brazil shouldnt be compared to Venezuela or Argentina
Mobile sales in Brazil

Middle Class Leads Mobile Internet Growth in Brazil

In Brazil, mobile phones are driving the rapid expansion of the internet user base, with over half of the population going online via their phone.

Source: www.emarketer.com

The president has a chance to pass a reform that will stop Brazil going bust

Reducing Brazil’s pension burden

The faded modernist façades along Copacabana’s beachfront hark back to Brazil’s optimistic past. The seaside promenade, where walking sticks outnumber G-strings, offers a glimpse of its demographic future. A quarter of the inhabitants of...
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...
Carbon Pollution

The extraordinary decoupling between economic growth and carbon pollution is happening

Producing more stuff takes more energy. Using more energy means more pollution. That statement would once have seemed like common sense. Because most of our energy has historically come from fossil fuels, rising economic growth...

Brazil surprises with aggressive rate cut to rescue economy

Brazil surprised markets with a larger-than-expected interest rate cut on Wednesday, as the worst recession in Brazilian history threatens to stretch into a third year. In a unanimous vote, the central bank's nine-member monetary policy...
A man counts a bundle of bolivares, the currency of Venezuela, in the city of Pacaraima, where Venezuelans come to buy food and commodities scarce in their country.

Venezuela’s crisis brings economic boom but social tensions to Brazil border town

At first sight, the small Amazonian border community of Pacaraima appears to be doing well amid the humanitarian crisis afflicting Venezuela, transforming itself into a giant grain warehouse, and supplying food – at considerable...
Brazil's plan to allow foreigners to buy large tracts of farmland to spur growth in South America's biggest country is being closely monitored by foreign investors.

What impact will Brazil’s plan to allow foreign ownership of land have?

Brazil's plan to allow foreigners to buy large tracts of farmland to spur growth in South America's biggest country is being closely monitored by foreign investors, such as pension funds looking for stable, long-term...
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