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Forestry Investment News
- 18/11/2011
Brazil has received the third upgrade of its credit rating this year, after Standard & Poor (S&P) followed moves by Moody's and Fitch in upgrading their foreign and local currency credit ratings for Latin America's largest economy.
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The overall stability of the Latin American economy has been emphasised by the news that the Chilean central bank has kept its benchmark interest rate unchanged for the fifth month running.
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- 14/11/2011
The latest figures have shown that consumer inflation in Brazil fell last month.
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- 11/11/2011
Brazil's finance minister Guido Mantega, has said that the country is in a strong enough position to "out run" the looming financial crisis caused by Europe's debt meltdown.
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- 09/11/2011
The director of international affairs at Brazil's central bank has said that the nation's credit growth is slowing to a steady, sustainable pace that will help the country avoid an inflation bubble.
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Profits in Brazil's banking system are bolstering the nation's excellent international economic reputation, with the country's big financial institutions showing new profit increases and better-than-expected results for the third quarter.
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- 04/11/2011
Investment in Brazil's rapid development of alternative and renewable energy sources has paid off significantly this week, after national energy giant Petrobas announced that its first complete wind farm project has been brought online some eight months ahead of schedule.
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- 02/11/2011
New economic projections have indicated that Brazil will overtake the UK to become the world's sixth biggest economy before the end of this year.
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Volkswagen AG and PSA Peugeot Citroen have both announced major new investment plans in Brazil, with the Brazilian production capacity of both companies expected to surge.
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- 28/10/2011
Brazil is continuing to demonstrate its ongoing resilience in the face of financial turmoil, after figures showed that credit grew in September at its fastest monthly rate for the whole of 2011.
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