The Economic Commission for Latin America and the Caribbean (Eclac) has informed that the volume of foreign investment into the region may drop by 35% or 45% this year as a consequence of global recession. The warning is part of a report on the matter launched by Eclac last Wednesday, at the organization's head offices in Santiago, Chile.
Last year, according to Eclac, the volume of foreign direct investment into Latin America and the Caribbean was US$ 128.3 billion, a record high figure.
Upon releasing the report, the executive secretary of Eclac, Alicia Bárcena, said that the flow of foreign direct investment into developing countries has increased.
South America recorded growth of 24% last year. In Mexico, however, due to the crisis in the neighboring United States. investment decreased by approximately 20%.
Despite the crisis, many companies on the American continent are expanding their trade by means of a process known as trans-Latin investment, as explained by the director of Eclac in Brazil, Renato Baumann, to the UN Radio, in Brazilian capital Brasília.
"It is about strong investment within the region, but also outside of it. Let us not forget that Vale purchased the Canadian mining industry. The Brazilian Gerdau bought steel mills in the United States. These are the trans-Latin companies. And this, in the specific case of the Brazilian economy, has led to a strengthening of domestic groups," he stated.
According to the Eclac, the United States and Spain remain the leading investors in Latin America. Last year, Canada and Japan increased their presence in the region, mainly with natural resource projects.
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written by Kent dentist, May 29, 2009
Its the time of recession and it has effected all over market in whole world.
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written by PThoreson, May 29, 2009
Somebody better get this memo out to the hedge funds. They apparently do not know this and have been sending dollars into Brasil like there was no tomorrow! This has made the Real the strongest of all currencies against the dollar recently.
It seems it is all about "compared to what" in other words, money is flowing into Brasil because compared to the alternatives it is attractive on a relative basis. Come hyper inflation, Brasil will be even more attractive due to its commodity based economy. I only wish and dream the inflows would fall 35%, I earn dollars but live in Brasil and below R2/dollar I can actually live cheaper in S.Florida than in Ipanema. And, as China and Brasil begin to dance closer to one another, China may well be sending more direct investment money here, perhaps as one way to rid itself of dollars.
It seems it is all about "compared to what" in other words, money is flowing into Brasil because compared to the alternatives it is attractive on a relative basis. Come hyper inflation, Brasil will be even more attractive due to its commodity based economy. I only wish and dream the inflows would fall 35%, I earn dollars but live in Brasil and below R2/dollar I can actually live cheaper in S.Florida than in Ipanema. And, as China and Brasil begin to dance closer to one another, China may well be sending more direct investment money here, perhaps as one way to rid itself of dollars.
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written by VinnyCarioca, May 31, 2009
Talk about a see saw. One day I'm reading that Brazil is immune to the global recession...another day to the contrary. If the U.S. goes down...believe me...everyone goes down. With all the GSEs in communist China and corruption/PERCEIVED stability in Brazil....don't bank on the decoupling myth.
On another note, I've noticed that the blogging on this site has seriously curtailed the last couple of months. I don't write too often but do look forward to the erudite opinions of ch.c and Joao et al. What's going on? COME BACK.
On another note, I've noticed that the blogging on this site has seriously curtailed the last couple of months. I don't write too often but do look forward to the erudite opinions of ch.c and Joao et al. What's going on? COME BACK.
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written by João da Silva, June 01, 2009
On another note, I've noticed that the blogging on this site has seriously curtailed the last couple of months. I don't write too often but do look forward to the erudite opinions of ch.c and Joao et al. What's going on? COME BACK.
Thanks Vinny. I was away for a month visiting your country and enjoying the American hospitality.
. I wouldn't be surprised if ch.c is somewhere there in CA or FL. I was reading this site once in a while to keep me informed about what was going on in Brazil. Not much useful news though. 
Will come back soon to comment.
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written by canadense, June 01, 2009
...have no idea why you want that idiot back on the site
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written by VinnyCarioca, June 01, 2009
If you are unemotional about it...he does have very well informed opinions.
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written by João da Silva, June 01, 2009
Let's hope the Swiss Jackass is gone for good
May be he is in N.B, buying properties.
. How is it going in the Canuck country?
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written by The Truth, June 02, 2009
You want him back because you enjoy licking his ass.. Get a life !
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written by asp, June 02, 2009
i dont think the average american really get what is happening with thier currency. if they did they would be near panic...
ive been warning americans for the last 7 years about the dollar going down and no one really takes it seriously. there have been enough warning articles in the new york times in the recent months to give everyone the truth about what can happen, but , the main media and average american just doesnt think about it
they need to live in a country where them currancy goes way down and inflation starts raking peoples lives over the coals. if they knew what could really happen there would be panic
"low dollar is good for exports" is the mantra of the rich ceos who are the only ones to gain money from that. most outsource the work anyway. the ceos make the money . but, when the average american realises that the low dollar is making all they earn and own worthless and prices for food and other things start rising very high, it will be too late
be afraid, be very afraid
ive been warning americans for the last 7 years about the dollar going down and no one really takes it seriously. there have been enough warning articles in the new york times in the recent months to give everyone the truth about what can happen, but , the main media and average american just doesnt think about it
they need to live in a country where them currancy goes way down and inflation starts raking peoples lives over the coals. if they knew what could really happen there would be panic
"low dollar is good for exports" is the mantra of the rich ceos who are the only ones to gain money from that. most outsource the work anyway. the ceos make the money . but, when the average american realises that the low dollar is making all they earn and own worthless and prices for food and other things start rising very high, it will be too late
be afraid, be very afraid
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written by VinnyCarioca, June 02, 2009
You want him back because you enjoy licking his ass.. Get a life !
Stop projecting....grow up.
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written by João da Silva, June 02, 2009
be afraid, be very afraid
You sound so ominous.
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written by asp, June 03, 2009
.....im afraid, ill tell you that...hope you are enjoying the cold that is destroying my beach life....
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written by João da Silva, June 03, 2009
welcome back from your trip, joao de silva...
Thanks ASP.
.....im afraid, ill tell you that...hope you are enjoying the cold that is destroying my beach life....
On the contrary, the weather was gorgeous in your native city. Wish I could have spent some more days there.BUT...BUT... the Motherland beaconed and welcomed me back with wet and cold weather.At least we have been having some sunshine for the past three days and that is a relief.
What happened to our other regular and distinguished fellow bloggers? Do you think ch.c has gone climbing Mt.Everest?
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written by asp, June 04, 2009
i guess with 5 articles on the indy 500 things thinned out a little but with the new sean news it should get heated up again around here...its just interesting that a lot of new people show up in droves on those threads , lambasting brazil, but cant contribure one iota to other threads, unless its some lambasting of brazil
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written by João da Silva, June 04, 2009
its just interesting that a lot of new people show up in droves on those threads , lambasting brazil, but cant contribure one iota to other threads, unless its some lambasting of brazil
Spot on.Constant Brasil bashing can get into your nerves. One must remember that the Brasilian readers of the articles in this site are educated and they can get pissed off with the lambasting. I enjoy reading your positive as well as critical views of Brasil. Keep up your good work. ch.c is okay, BUT...BUT... he tends to stereotype all the Brasilians as LIARS,CHEATERS,etc; That is totally unacceptable to me.
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written by ch.c., June 06, 2009
To the junkie and idiot Canadense :
STUPID QUESTION JUST FOR YOU....WHAT CANADIANS CAN EXPORT EXCEPT.....OIL PRODUCED FROM TAR SANDS AND POLLUTING THE WORLD......LUMBER/TIMBER....AND BASIC GRAINS ????????
What else ? You are somewhat similar to....BRAZIL....until proven otherwise.
A BASIC COMMODITIES EXPORTER.
Ohhhhhhh true you are also quite good at mass killingSSSSS the baby seals with A STICK HAVING A ICE PICK...for their fur ! ARENT YOU ??????
STUPID QUESTION JUST FOR YOU....WHAT CANADIANS CAN EXPORT EXCEPT.....OIL PRODUCED FROM TAR SANDS AND POLLUTING THE WORLD......LUMBER/TIMBER....AND BASIC GRAINS ????????
What else ? You are somewhat similar to....BRAZIL....until proven otherwise.
A BASIC COMMODITIES EXPORTER.
Ohhhhhhh true you are also quite good at mass killingSSSSS the baby seals with A STICK HAVING A ICE PICK...for their fur ! ARENT YOU ??????
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written by ch.c., June 06, 2009
About my Brazilian bashings :
WHY DONT YOU READ THE TENS OF PAGES ON BRAZILIANS BASHINGS...IN THIS SITE....AT THE RIGHT PLACE ?
http://www.brazzilbrief.com/viewforum.php?f=17
MANY MANY ARE HARSHER THAN ME !
Sorry for you....Da Silva family !!!!!!!!
And to my bashing stating never ever trust a brazilian when doing business with....
1) Why dont you ask....Forrest ?
2) Why dont you ask....Bo ?
Hmmmmmm !
You may as well refer to their own older comments on that subject !
SIMPLE...ISNT IT ?
WHY DONT YOU READ THE TENS OF PAGES ON BRAZILIANS BASHINGS...IN THIS SITE....AT THE RIGHT PLACE ?
http://www.brazzilbrief.com/viewforum.php?f=17
MANY MANY ARE HARSHER THAN ME !
Sorry for you....Da Silva family !!!!!!!!
And to my bashing stating never ever trust a brazilian when doing business with....
1) Why dont you ask....Forrest ?
2) Why dont you ask....Bo ?
Hmmmmmm !
You may as well refer to their own older comments on that subject !
SIMPLE...ISNT IT ?
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written by João da Silva, June 06, 2009
you can spot a ch c observation on the first recent article on sean
Thanks ASP, finally we managed to flush ch.c out of his hibernation.
He seems to be in good health and spirits .
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written by cosmetic dentistry guide, September 19, 2009
Its the time of recession and it has effected all markets local to me!
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written by Acne , October 08, 2009
Well dis is a bad news for all foreign investors..Brazil is a very fruitful place for foreign investment but recession has devastated every thing.
Acne | Teeth Whitening |Teeth Whitening | Acai Berry | Acne
Acne | Teeth Whitening |Teeth Whitening | Acai Berry | Acne
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written by keefe infection, October 26, 2009
I enjoy reading your positive as well as critical views of Brasil.
Yeast Infection
Yeast Infection
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written by Colon Cleanse, November 09, 2009
In a further boost to property owners in Brazil and those looking to visit on holiday, the National Civil Aviation Authority (ANAC) has recently granted permission for two new airlines to become operational by the end of this year.
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