brazilian economy

Brazil’s economy growing again, says finance chief


September 20th, 2012 - 11:47 am ICT by IANS
Paris, Sep 20 (IANS/EFE) The Brazilian economy is accelerating after a slow first half of 2012 and will remain on a growth trajectory, the country's finance minister said Wednesday in ... Read more...

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Brazil cuts electricity rates to spur economy


September 12th, 2012 - 11:27 am ICT by IANS
Brasilia, Sep 12 (IANS/EFE) President Dilma Rousseff Tuesday made official a reduction in electricity rates aimed at spurring economic growth and making Brazilian firms more competitive.The reductions, 16.2 percent for ... Read more...

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`Brazil withstanding worst year of global crisis’


August 31st, 2012 - 12:21 pm ICT by IANS
Brasilia, Aug 31 (IANS/EFE) Brazil's finance minister said Thursday that Latin America's largest economy is holding up well amid the "worst year" of the global economic crisis and that its ... Read more...

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No short-term solution to economic crisis: Brazil


July 5th, 2012 - 3:29 pm ICT by IANS
Rio De Janeiro, July 5 (IANS) There is no short-term solution to the current global economic woe, which is no less serious than the 2008 global financial crisis, said Brazilian ... Read more...

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`Brazil ready to tackle ripple effects of eurozone crisis’


May 23rd, 2012 - 1:22 pm ICT by IANS
Rio de Janeiro, May 23 (IANS) Brazilian Finance Minister Guido Mantega has said that his country is ready to cope with any possible ripple effects the eurozone debt crisis may ... Read more...

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Brazil not to take further steps to depreciate Real


March 24th, 2012 - 2:44 pm ICT by IANS
Rio de Janeiro, March 24 (IANS) The Brazilian government does not plan to further push down the exchange rate of the Brazilian Real against the US dollar, a senior finance ... Read more...

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Brazil must keep currency competitive, says minister


March 14th, 2012 - 11:39 am ICT by IANS
Brasilia, March 14 (IANS/EFE) The Brazilian government does not intend to directly intervene in the currency market, but will continue taking steps to stop the real from rising to a ... Read more...

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Brazilian economy grew 2.7 percent in 2011


March 7th, 2012 - 12:09 pm ICT by IANS
Rio de Janeiro, March 7 (IANS/EFE) The Brazilian economy grew 2.7 percent last year compared with 7.5 percent in 2010, a statistics agency said Tuesday.Brazil's gross domestic product climbed to ... Read more...

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Brazil announces plan to boost exports


February 18th, 2012 - 12:00 pm ICT by IANS
Sao Paulo, Feb 18 (IANS/EFE) President Dilma Rousseff said her government will do more to foster expanded output and exports with the aim of making Brazil more competitive."This year we ... Read more...

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Brazilian government sees economy expanding through 2014


February 14th, 2012 - 12:12 pm ICT by IANS
Sao Paulo, Feb 14 (IANS/EFE) Latin America's largest economy will grow 4.5 percent this year, 5.5 percent next year and 6 percent in 2014, the Brazilian finance ministry said Monday.Brazil's ... Read more...

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Brazil registers 23.5 percent less jobs in 2011


January 25th, 2012 - 2:46 pm ICT by IANS
Rio de Janeiro, Jan 25 (IANS) The Brazilian economy generated 1.94 million formal jobs in 2011, down 23.5 percent from 2010, the country's labor ministry said Tuesday. Yet the ministry ... Read more...

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`Brazil’s economic slowdown is temporary’


December 7th, 2011 - 11:17 am ICT by IANS
Rio de Janeiro, Dec 7 (IANS/EFE) The Brazilian economy stalled in the third quarter after eight consecutive quarters of growth, a sudden halt that the government both expected and considers ... Read more...

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Brazilian president meets IMF head on euro crisis


December 2nd, 2011 - 3:47 pm ICT by IANS
Rio De Janeiro, Dec 2 (IANS) Brazilian President Dilma Rousseff met International Monetary Fund (IMF) chief Christine Lagarde Thursday to discuss the ongoing eurozone debt crisis and its effects on ... Read more...

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Brazil cuts taxes to spur growth


December 2nd, 2011 - 11:10 am ICT by IANS
Brasilia, Dec 2 (IANS/EFE) Brazil's finance minister announced Thursday a series of tax cuts aimed at ensuring economic growth of 5 percent in 2012 and shielding the country from the ... Read more...

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Brazilian finance minister upbeat about economy


November 24th, 2011 - 2:02 pm ICT by IANS
Rio de Janeiro, Nov 24 (IANS) The Brazilian economy will resume growth from November, and will end on a positive note this year, said Finance Minister Guido Mantega Wednesday."It has ... Read more...

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Brazilian economy was flat in third quarter


November 23rd, 2011 - 11:57 am ICT by IANS
Brasilia, Nov 23 (IANS/EFE) Brazil's economy appears to have stalled in the third quarter, the country's deputy finance minister said Tuesday, while predicting a return to growth in the final ... Read more...

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Brazil to be world’s sixth largest economy in 2011


October 31st, 2011 - 1:57 pm ICT by IANS
Rio De Janeiro, Oct 31 (IANS) Brazil will become the world's sixth largest economy in 2011 due to the global financial crisis that has affected the main economic powers, the ... Read more...

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Fitch maintains Brazil’s investment rating at BBB


October 26th, 2011 - 1:50 pm ICT by IANS
Rio De Janeiro, Oct 26 (IANS) Fitch Ratings said it had decided to maintain Brazil's BBB investment grade credit rating and predicted the outlook for the South American country would ... Read more...

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Brazil on track for $60 bn in foreign investment


September 24th, 2011 - 5:59 pm ICT by IANS
Brasilia, Sep 24 (IANS/EFE) The Brazilian economy will net $60 billion in new foreign direct investment this year, the country's central bank said.As of Aug 31, FDI in the goods ... Read more...

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Brazil to tackle economic crisis by more investment


September 3rd, 2011 - 5:49 pm ICT by IANS
Rio De Janeiro, Sep 3 (IANS) Brazil's President Dilma Rousseff has said that the country would tide over the ongoing crisis by increasing consumption and investment."We will beat this crisis ... Read more...

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Brazilian economy creates 2.5 mn new jobs


December 17th, 2010 - 12:15 pm ICT by IANS
Rio de Janeiro, Dec 17 (IANS/EFE) Brazil's economy generated upwards of 2.5 million new jobs in the first 11 months of this year, 7.7 percent more than during all of 2009, the ... Read more...

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Brazilian president skips G20 summit due to flood


June 26th, 2010 - 5:39 am ICT by IANS
Brasilia, June 26 (IANS) Brazilian President Luis Inacio Lula da Silva has cancelled his visit to Canada for the G20 summit due to heavy floods in northeastern Brazil, a government spokesman said ... Read more...

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A day in the life of summit-hopping Manmohan (Brasilia Diary)


April 16th, 2010 - 3:37 pm ICT by IANS
By Manish Chand Brasilia, April 16 (IANS) Two summits and three bilateral meetings, all packed in one day. Trust Indian Prime Minister Manmohan Singh to manage a killing schedule of back-to-back meetings ... Read more...

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Brazil’s economy contracts after 17 years


March 12th, 2010 - 1:22 am ICT by IANS
Rio de Janeiro, March 11 (DPA) The Brazilian economy contracted for the first time in 17 years in 2009, falling by 0.2 per cent, the Brazilian Institute of Geography and Statistics (IBGE) ... Read more...

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Brazil’s economy will grow five percent in 2010: Minister


February 5th, 2010 - 1:09 pm ICT by IANS
Brasilia, Feb 5 (IANS/EFE) The Brazilian finance minister has said that his country's economy will grow by five percent this year and "pull away" from wealthy nations incapable of matching that pace. Only ... Read more...

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Brazil eyes 1.6 mn new jobs in 2010


January 22nd, 2010 - 7:25 am ICT by IANS
Brasilia, Jan 22 (IANS/EFE) The Brazilian economy will grow by 5.2 percent this year which would help create 1.6 million new jobs, an official said. Brazil's Finance Minister Guido Mantega Thursday offered ... Read more...

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Brazilian economy growing at eight percent


December 10th, 2009 - 4:48 pm ICT by IANS
Rio de Janeiro, Dec 10 (EFE) Brazil's economy grew at an annualised rate of eight percent in the third quarter and the result for the final three months of the year will ... Read more...

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Worst of recession over for Brazil: Government economists


March 26th, 2009 - 6:13 pm ICT by IANS
Rio de Janeiro, March 26 (EFE) Brazil will witness overall economic growth this year despite a 3.6 percent contraction in the fourth quarter of 2008, the state-funded Institute for Applied Economic Research ... Read more...

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In Brazil, hirings surpass dismissals for first time in four months


March 19th, 2009 - 1:43 pm ICT by IANS
Rio De Janeiro, March 19 (Xinhua) Over 9,000 new jobs were created in Brazil in February, the first time hirings surpassed dismissals in the country in four months, the Labour Ministry said ... Read more...

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Brazil economy back on rails early next year: minister


December 30th, 2008 - 2:19 pm ICT by IANS
Rio de Janeiro, Dec 30 (Xinhua) Brazil, recovering from the impact of the global financial meltdown, expects its economy to grow in the first half of 2009.Labour Minister Carlos Lupi said the ... Read more...

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Brazil’s economy safe, says president


November 7th, 2008 - 12:33 pm ICT by IANS
Rio de Janeiro, Nov 7 (Xinhua) The Brazilian economy is cushioned against any possible adverse impact of the global financial meltdown, President Luiz Inacio Lula da Silva has said. During a meeting ... Read more...

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