Here’s a quick news round up, about the largest merger in the Brazilian banking history. Itau and Unibanco have announced a joint-venture yesterday creating the largest bank in Latin America – arguably the first major banking player in Latin America – combining about $260 billion in assets. The new Itau-Unibanco has also already announced investments [...]
Posts Tagged ‘washington post’
Brazilian merger creates largest bank in South America
Posted in Brazil's Economy, Business, tagged AFP, banking, Brazil, credit crunch, crisis, Financial Times, Itau, joint-venture, Latin America, media, Mercosur, merger, The New York Times, The Wall Street Journal, Unibanco, washington post on November 4, 2008 | Leave a Comment »
Biofuel in Brazil is not a dream, it is a reality
Posted in Green Energy, tagged biofuel, Brazil, corn, energy, ethanol, fuel technology, gasoline, gaz, green alternative, maize, oil, Organization for Economic Cooperation, petroleum, public opinion, sugar cane, washington post on October 29, 2008 | Leave a Comment »
The Washington Post today compares the biofuel industry in the US and in Brazil. If on one side the American public opinion is in doubt about ethanol’s green credentials, the tecnology in Brazil has overcome all the obstacle and today produces a greener, cheap alternative to gasoline. The production of ethanol in the South American [...]