By Juan Forero, Thursday (The Washington Post)
The following piece is a brief history of a Brazilian family business which in a few decades, climbed aggressively to become the world’s largest provider of meat. The piece however, we believe, lacks reference to the Brazilian government’s strong financial support to these enterprises that become global corporations flying the green/yellow colours.
The United States lacks a credible plan to cut its deficit over the medium term, the International Monetary Fund's chief economist Olivier Blanchard told French daily Le Monde in an interview published Wednesday.
Pascal Lamy head of the World Trade Organization is holding talks to try and salvage the ailing Doha Round of trade liberalization talks that have been stalled for almost a decade.
Argentina's industrial production expanded strongly in March over a year ago, 8.8%, as the consumer boom continues to fuel demand for everything from cars to home appliances. However monthly output slowed to a standstill and was unchanged from February, according to the national statistics institute, Indec release on Wednesday.
China opened its market significantly for Brazilian beef and chicken said Brazil’s Agriculture minister Wagner Rossi on his return from a week long visit to China with a business delegation headed by President Dilma Rousseff.
Argentina’s National Statistics Agency, Indec, announced Wednesday that poverty levels lowered in the second half of 2010, with 527,000 households below the poverty line (6.8%), which include a total of 2,475,000 people (9,9%).
Brazil's tax revenue surged in March on the back of consumer demand that has continued to be robust the federal tax authority said this week.
March inflation in Brazil accelerated to its fastest rate since November 2008, driven by food, beverages and fuel prices. Consumer prices as measured by the IPCA-15 index rose 6.44% in the year through mid-April, the national statistics agency announced Wednesday in Rio do Janeiro.
Cruise ships calling in Gibraltar will be allowed to open their on-board casinos and shops to their passengers after 6pm, providing an incentive to remain alongside until the early hours of the following morning, was announced by the Rock’s Deputy Chief Minister Joe Holliday.
Brazil’s central bank raised its benchmark interest rates a quarter of a percentage point from 11.75% to 12%. The decision surprised the market since it was a smaller raise than two previous hikes of half a percentage point earlier this year.