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BRASILIA , Dec 24, 2012 (BSS/AFP) - President Dilma Rousseff urged businesses Sunday to expand their investments as Brazil cuts energy costs, in a bid to curb poverty , improve flagging industrial competitiveness. "Our recipe for a stronger Brazil is to invest in overcoming poverty, guaranteeing home ownership, expanding employment, increasing education opportunities , improv...
Presentation OPERATOR: Good morning ladies , gentlemen. At this time we would like to welcome everyone to RaiaDrogasil Conference Call to Discuss its Results for the Q1 of 2013. The audio for this conference is being broadcast simultaneously through the internet in the website www.raiaidrogasil.com.br/ir . In that address you can also find the slideshow presentation available...
Global Banking News - 18 June 2013 The central bank of Brazil has said that it sees no limit for interest rate hikes. as reported by Reuters, the central bank w...
Brazilian economists have continued cutting their GDP growth estimates , hiking their monetary policy rate forecasts for this year, a weekly survey from the region's central bank (BCB) shows. The economists lowered their 2013 GDP expansion estimate to 2.49 % from the previous forecast of 2.53 % , from 2.98 % 4 weeks ago. At the same time they upped their year-end monetary policy rate ...
Due to the continued devaluation of the Brazilian Real versus the US dollar , the Euro, Sun Chemical will increase prices across all product lines for its Brazilian customers, effective 1 Jul 2013 . The percentage of the increase will vary dependent on the product composition , product line. Sun Chemical will communicate specific increases directly with...
High inflation rates in Brazil at above 6 % are set to continue until at least October before falling below the 6 %-mark, said Bank of America Merrill Lynch in a report. The year-on-year inflation rate rose marginally to 6.50 % in May from 6.49 %. Inflation has during the year been pressured upwards mainly by food , servic...
RIO DE JANEIRO , 2013-06-13 (BSS/AFP) - A spate of poor economic indicators -- rising inflation, sluggish economic growth , a swelling trade deficit -- has dented Brazilian President Dilma Rousseff's popularity 1 year before the next presidential polls. "The only positive signal has been the Central Bank's (0.5 %) hike of its key interest rate" to 8 % -- more than...
Brazil : region outlook FROM THE ECONOMIST INTELLIGENCE UNIT POLITICAL STABILITY: The political focus is shifting to the October 2014 general election. In February the president, Dilma Rousseff of the leftist Partido dos Trabalhadores (PT), announced her bid for another 4-year term, , the main parties are gearing up for the contest. Ms Rousseff continues to enjoy record-high pop...
BRASILIA, Brazil (AP) ? Brazilian President Dilma Rousseff's popularity has dipped slightly but remains strong enough to get her re-elected in 2014, as reported by a poll released on Tuesday. The National Transport Confederation poll shows that Rousseff enjoys the support of 73.7 % of the electorate compared to the 75.7 % registering suppor...
Given slow domestic growth , high inflation, as well as a poor technical picture, we believe Brazil's benchmark Bovespa equity index will remain in a broad downtrend in the coming weeks , underpinning our long-held neutral stance on the index . Indeed, consumer price inflation remains around the upper limit of the central banks 4.5 % ± 2.0 % ...
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