MercoPress. South Atlantic News Agency
Stories for October 7th 2011
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Friday, October 7th 2011 - 05:30 UTC
Brazilian production feels the impact of cheap imports and global slowdown
Output at Brazil's mines and factories slowed in August, falling a seasonally adjusted 0.2% from July as production in the country's industrial sector suffered the impact of cheap imports and the sluggish global economy.
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Friday, October 7th 2011 - 05:26 UTC
Nissan announces 1.4bn factory in Brazil as it moves overseas fleeing Super Yen
Nissan Motor Co CEO Carlos Ghosn said Japan faces a “hollowing out” of its industrial base should the government fail to take steps to counter the Yen’s rise. Ghosn statements could also be interpreted as a subtle message since Brazilian manufacturing faces problems with a too strong Real.
