Brazil's Economy Picks Up With 2Q Growth
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Brazil's economy expanded at a 5.7 percent rate in the second quarter compared to a year earlier, putting it on solid ground after a recession last year that was the worst in a decade for South America's largest country.
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The economy expanded faster than expected in the last quarter of 2006 and remains strong.
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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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Emerging economic expansion in Latin America fuels continued growth.
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By Alberto Alerigi SAO PAULO, Brazil  - Brazil's drive to increasecomputer software exports is beginning to show results and thegovernment expects the sector to sell about $400 million abroadthis year, four times what it exported in 2001.
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The country&#39;s economy has accelerated, carried by strong household and government spending, to reach its fastest annual pace in nearly four years, official figures show.
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India's economy grew at a faster-than-expected annual rate of 9.3% in the second quarter,  official figures say.
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A decision by Brazil to raise its budget surplus target shows the government had &quot;solid control&quot; of the country&#39;s economic needs, an International Monetary Fund official said on Thursday.
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SAO PAULO, Brazil  - Brazil's drive to increase  computer software exports is beginning to show results and the  government expects the sector to sell about $400 million abroad  this year, four times what it exported in 2001.
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Japan's economy, the world's second largest, grew more quickly than many experts forecast, state figures show.
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The British economy has grown by 2.7 percent in 2006, in line with an initial estimate given last month.
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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 ...
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Chileâs economy expanded at the fastest pace in two years in the second quarter, bolstering expectations that the central bank will continue to raise interest rates to prevent accelerating growth and consumer demand from stoking inflation. The economy expanded 6.1 percent from a year earlier, the central bank reported on its Web site, the biggest expansion since 6.3 percent growth in the first quarter of 2005.
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The economy grew at an annual rate of 4 percent during the second quarter, its strongest pace in more than a year as international trade and business investment helped offset weakness in housing.
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The company delivered the kind of growth that was expected for its second quarter.
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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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Brazilian government released federal budget figures Friday showing an unprecedented primary budget surplus of 10.9 billion reals (&#36;3.8 billion) in August, putting Brazil well ahead of performance targets set in a loan agreement with the International Monetary Fund.