Monthly Archives: October 2012

Brazil Expands Exports to Middle East

Brazil Expands Exports to Middle East

Usually known for its flash and style, Brazil is getting a name for something completely unsexy:  Soybeans!  Looking into expanding and getting into new markets, BrazArtis, an import-export company based in Rio de Janeiro, Brazil, is set to expand its soybean and corn exports to the Middle East, an endeavor that is aligned with the growing Brazilian grain harvest and exports.

Driven by soybean and corn production, Brazilian grain harvest is estimated to exceed 180 million tons from 170 million last year. The soybean harvest alone for 2012/13 is set to increase by 20% and reach 81 million tons, from 66 million last year. Ranked as the second agricultural commodity export from Brazil, maize production is set to increase by 7% from 66 million tons to 70 million tons.

However, knowing the Brazilians, they will find a way to make agriculture interesting.

Read Middle East Online article here:

http://bit.ly/SoZUiM

-

Presented by Miami International Business Attorney.

Brazilian Supreme Court Sentencing Corrupt Politicians

For those who doubted it, the politicians convicted of corruption in Brazil are really going to jail.  Brazil’s Supreme Court has begun handing down sentences in a landmark corruption trial, according to a report in Wednesday’s Wall Street Journal.  The trial, which has gone on for months, centers on charges going back seven years thatContinue Reading

Brazil 2014 Likely Not Ready For Dress Rehearsal Confederations Cup in 2013

As the dates quickly approach, the general feeling is that Brazil is not up to speed for the Confederation Cup in 2013.  FIFA general secretary Jerome Valcke voiced doubts last week that Brazil will have all six stadiums ready for the Confederations Cup in June 2013 due to the slow pace of preparations. The tournamentContinue Reading

Brazilian Bonds Losing Their Luster

Brazilian company bonds reached 6.12 years this October exceeding all other BRIC countries. Corporate bonds in Brazil are becoming more vulnerable to losses than any major developing nation as companies exploit record-low borrowing costs to sell the longest-dated overseas debt in three years. While bond investors turn to Brazil in search of higher returns asContinue Reading

Weaker Real Brings Mo’ Money To Brazil

Following the world trend with depreciation of its currency, Brazil increases revenue with exports. The fall in the Brazilian real to a “more favorable” level this year has allowed manufacturers to boost exports even as global trade remains weak, Finance Minister Guido Mantega said. “Brazil today is much more competitive, and I perceive that thereContinue Reading

Brazilian Supreme Court Sends Lula Aid to Jail

As expected by many Brazil observers, the one-time right-hand-man of popular former Brazilian President Luiz Inacio Lula da Silva was found guilty on a corruption charge by a majority of 10 Supreme Court justices Tuesday, who ruled he orchestrated a widespread cash-for-votes scheme that came to light seven years ago. Six of the eight justicesContinue Reading