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At last,​ the Brazilian economy rebounds spurred by construction and industrial production

Brazil’s economy rebounded strongly in the second quarter after having shrunk in the first, official figures showed on Thursday, indicating Latin America’s largest economy comfortably avoided falling back into recession. The 0.4% growth in the April-June period will be a relief to President Jair Bolsonaro’s government, which was in large part elected to revive an economy that was struggling to fully emerge from the devastating 2015-16 recession.  But economists were not convinced that…

Positive signs Brazils economy is recovering with Auto production in Brazil up 14.2% in July from a month early

Automobile production in Brazil jumped 14.2% and sales grew 9.1% in July from June, the best performance for the month since 2014, the national automakers’ association Anfavea said on Tuesday. Brazil’s auto industry is recovering from a crushing depression that cost the country its place as one of the world’s five biggest auto markets, even as automakers are still struggling with low margins. Auto exports to depressed Argentina, Brazil’s largest foreign destination for its cars, are…

Brazil flirts with a double-dip recession

Brazil’s economy shrank in the first quarter for the first time since 2016, data showed on Thursday, pushing Latin America’s largest economy closer to a double-dip recession. Optimism that President Jair Bolsonaro would quickly unlock Brazil’s growth potential faces the reality of lengthy negotiations between Congress and his inexperienced administration. The former military officer was swept into office in January after making market-friendly pledges to boost growth and after the…

Brazil grows as an agricultural powerhouse

A good relationship by farmers with the new government of Jair Bolsonaro which focuses on business plus a strong commitment to the incorporation of technology to improve agricultural results should make for a happy relationship. These factors point to what is happening today in Brazilian agriculture and could be felt in all its influence during Agrishow, a sample of its agricultural machinery options are this last week in Ribeirao Preto, which is located just 300 kilometres from San Pablo. A distance where…

Brazilian farmer optimism high with increasing soybean prices and cheap credit

Farm equipment manufacturers in Brazil are expecting strong sales this year, boosted by a second straight bumper soy crop and rising grain prices, which will more than offset weakness in the sugar cane sector, giving Brazilian grain farmers a new found optimism. Some machinery producers are forecasting sales growth as high as 8% in 2018 as farmers’ confidence rises and record-low interest rates encourage them to borrow and invest. “In the end, it all comes down to the price of soybeans. If…

20 years of Progress in Latin America Countries meant some are catching up with the rest of the world

20 years of Progress in Latin America Countries                   The 20-years view: Two decades of progress over the last two decades, Latin America has made significant progress in bridging the economic and social gap with more advanced economies. there has been significant improvement in living standards. 20 years ago, latin american countries were approximately somewhere in the middle on the United nations’ human Development index, whereas today the…
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