The Seattle Times was yesterday full of praises for Brazil’s leading position as a major economy. Tyler Bridges talks about Saturday’s G-20 summit in Washington and how President Lula is trying to convince G7 countries leaders to give a bigger say to developing countries. The idea is to create a permanent G14, including Brazil, Russia, [...]
Posts Tagged ‘commodities’
Seattle Times: Brazil has new standing in the world
Posted in Brazil's Economy, tagged Brazil, Brazil economy, BRIC, China, commodities, credit crunch, exports, G20, G20 Summit, G7, India, industry, Latin America, Russia, turmoil, world economy on November 13, 2008 | Leave a Comment »
Crisis? Not in Brazil
Posted in Brazil's Economy, tagged biofuels, Business in Brazil, commodities, crisis, ethanol, fiscal policy, foreign debt, foreign reserves, jobless rates, turmoil, unemployment on September 25, 2008 | 1 Comment »
Business in Brazil – Brazil is the world’s largest exporter of biofuels, including ethanol. But it is not only the high price of commodities which is sustaining the Brazilian economy. The country’s financial system has lower debt, a respectable fiscal policy and a central bank with more autonomy than many others in West Europe.
