With the value of the EV battery market projected to reach $133.5bn by 2027, it was…
Brazil
Business news and investment opportunities in Brazil
STATS
Source: World Bank
Currency: Brazilian realGDP: 1.869 trillion USD (2018)
GDP per capita: 8,920.76 USD (2018)
GDP growth rate: 1.1% annual change (2018)
Gross national income: 3.32 trillion PPP dollars (2018)
GNI per capita: 15,850 PPP dollars (2018)
Internet users: 60.9% of the population (2016)
Internet users: 60.9% of the population (2016)
Chile snubs China with Transoceanic Cable decision
Chile has chosen Australia as the final destination for the Transoceanic Cable, the first fibre-optic subsea…
Petrobas and China’s CDB agree $10bn loan as bonds hit junk status
Brazil’s financially pressed state-controlled energy company Petróleo Brasileiro (Petrobas) has secured a $10bn loan from the China Development…
Silk Road countries lead World Bank 3-year growth rankings
[visualizer id=”23457″]The Silk Road countries of India, China, Bangladesh, Pakistan, China, Iran and Indonesia are set…
Brazil to build another Glonass ground station
Brazil is to build a fourth ground station for Russia’s Glonass satellite navigation network in its southernmost state of…
Putin looks to use BRICS summit to shift balance of power
The leaders of Brazil, Russia, India, China and South Africa begin gathering in the remote Russian…
BRICS Development Bank due to begin operations by April
The newly conceived BRICS Development Bank will swing into action in April next year, its president elect Kundapur Vaman…
Rosneft Brazil takes full control of Solimoes Basin oilfields
Rosneft Brazil is to buy PetroRio’s 55% stake in the Amazonian Solimoes Basin oilfields by the…
Iranian oil could be heading to India, Brazil and Iraq, says energy chief
Iranian oil: Iran is discussing the possibility of building oil refineries in Brazil and India –…
$100bn BRICS foreign currency reserve pool ratified by Russia’s Upper House
Russia’s Federation Council has ratified the establishment of a $100bn BRICS foreign currency reserve pool aimed at protecting national currencies from…
Russian bonds recommended to investors by HSBC emerging market specialist
Russian bonds: In an interview with the Spanish newspaper El Confidencial last week, HSBC Vice President and…
AIIB Asian Infrastructure Investment Bank admits five new member states
AIIB, the newly formed Asian Infrastructure Investment Bank, has formally welcomed Brazil, Georgia, Finland, Denmark and…
Brazilian pork imports to Russia double thanks to sanctions
Brazilian pork imports to Russia more than doubled year-on-year in the first eleven months of 2014…
Brazilian meat imports helping to fill Russia’s European void
Brazilian meat imports: Brazil is supplying Russia with almost 40% of its meat imports and has…
Brazilian poultry exports to Russia up 19% year on year
Brazilian poultry exports to Russia increased from 8,000 tonnes in August to 20,000 tonnes in September, according…
Brazilian dairy exporters get Russian green light
Brazilian dairy exporters: Three Brazilian companies have obtained permission to export dairy products to Russia. Some 37 Brazilian…
Gazprom in Brazilian talks as it stakes out South America
Gazprom in Brazilian talks: Gazprom’s international subsidiary is looking to buy stakes in a number of…
Brazilian chicken imports may replace banned US poultry
Brazilian chicken imports: The Brazilian Poultry Association has offered to increase exports of chickens to Russia from…
Russia moves up Global Innovation Index 2014
The Global Innovation Index 2014 sees Russia move up from 62nd to 49th place. China attained…
BRICS energy association on summit agenda
BRICS energy association: Russia has announced its intention to propose the formation of a BRICS energy…
BRICS bank working capital set at $10bn
BRICS bank working capital: The working capital of the new BRICS bank is to be set at $10bn to…
BRIC investment destination for Russian investors
BRIC investment destination: 73% of Russian companies surveyed in a new report from Ernst & Young told its researchers that…