World Business Briefing: Brazil Economic Outlook Revised
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BrazilÂs central bank cut its forecasts for inflation and growth in 2006, indicating that there may be more interest rate cuts this year as price increases stay tame amid an economic slowdown. In its quarterly inflation report, the bank reduced its 2006 inflation forecast to 3.4 percent, from 3.8 percent, while it raised its 2007 projection to 4.3 percent, from 4.2 percent. The bank also reduced its forecast of growth in the gross domestic product for 2006 to 3.5 percent, from 4 percent. ÂThis report indicates more interest rate cuts, not fewer,Â said Guilherme da NÃ³brega, chief economist at the ItaÃº Corretora brokerage in SÃ£o Paulo. ÂIt shows G.D.P. growth is lower than the bank previously expected and so the inflation outlook is calmer.Â.
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The United States and Brazil will look for ways this weekend to bridge bitter divisions between rich and poor nations that led to the collapse of trade liberalization talks, Washington's chief trade negotiator said Friday.
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Brazil and Venezuela boost their strategic alliance by signing a range of trade agreements.
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World economic growth will be higher than predicted, the IMF says at the start of Singapore meetings.
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BUENOS AIRES, March 8 -- As President Bush arrived in Brazil on Thursday, he brought with him a message that he believes has been lost on the region: U.S. concerns about persistent poverty have prompted a doubling of economic aid to Latin America since 2001.
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RIO DE JANEIRO, Brazil  - Brazil's uraniumenrichment plant in Resende will start working before the endof the year after getting a go-ahead from the United Nations'nuclear watchdog, the country's Science and Technology Ministersaid on Wednesday.
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Our South American neighbor expands its production of ethanol and biodiesel. Partnering with Brazil would benefit the economy of a democracy and clean our skies. In Autopia.
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Brazil made progress in its ambitious plan to hand out land to poor peasants in 2004, but still fell short of goals aimed at narrowing chronic wealth inequality, government data released on Wednesday show.
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Trade deficit figures headline a light week for economic data.
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LISBON, Nov 8 (IPS) - Both the rapid modernisation of Portugal since it   joined the European Union (EU, or European Economic Community at  the time)  in 1986 and the fact that Brazil is now among the  world's ten largest  economies have increased the mutual  respect between the two countries.
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New Zealand has revised its growth forecasts upwards as reports out showed the economy was withstanding the current downturn better than expected.
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China pledged to invest $10 billion in Brazil over the next two years as the two countries strengthen economic and trade ties. China agreed to invest in railroads, ports, steel mills
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Brazil racked up its biggest trade surplus in history last year, but the country's export boom of everything from soybeans to automobiles is expected to ease in 2005.
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By Carlos A. DeJuana SAO PAULO, Brazil  - If Ken Marshall were back inhis native Australia, he reckons he would need only half thestaff he has in Brazil to run his small import-export business.
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Brazil is expected to overtake the United States and end the year as the world's No. 1 chicken exporter.
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Company has revised its financial forecasts for the current quarter.
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Brazil stands to lose billions of dollars in trade benefits from the United States if it does not prove by the end of September that it is making progress in combating copyright piracy.