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 ‘exports’
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 »
No recession in Brazil, as finance minister announces new credit lines
Posted in Brazil's Economy, tagged Brazil, Brazil's Economy, consumption, credit crunch, credit lines, crisis, exports, Finance Minister, growth, Guido Mantega, liquidity crunch, recession, Risk, South America on October 31, 2008 | Leave a Comment »
Brazil is perhaps one of the few countries in the world that hasn’t been talking about recession. The R word is not being mentioned in any of the large newspapers in the country. Moreover, Brazil’s economic team will unveil new credit measures for exporters suffering the consequences of the liquidity crunch. “For now, activity levels [...]