Brazil's Economy Expands in 3Q on Exports
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Brazil's economy expanded 6.1 percent in the third quarter compared to same period a year ago, lifted by exports and rising domestic consumer demand, the government said Tuesday.
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The current-account surplus widened at the fastest rate in three years in April as exports rose and a weaker yen increased the value of investments abroad. The surplus expanded 50.3 percent, to 1.99 trillion yen ($16 billion), from a year earlier, as growth in exports to Asia and Europe helped offset a decline in shipments to the United States, the Ministry of Finance said. The trade balance climbed 34.7 percent. Exports climbed 7.3 percent from a year earlier, and imports advanced 3.2 percent.
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RIO DE JANEIRO, Brazil  - Brazil's unemployment  rate fell in July for the third straight month to a seven-month  low of 11.2 percent and wages rose, underscoring the  strengthening economy, official data showed on Thursday.
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Strong export demand helped Japan to grow at a rate of 3.7% in the last quarter of 2007, figures show.
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Brazil's industrial output grew 1.1 percent in August compared to July, the sixth straight month-to-month rise as the economy gathers steam following a recession last year and a slow start in 2004.
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Sifting through the best that Brazil has to offer.
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Brazil and Venezuela boost their strategic alliance by signing a range of trade agreements.
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Germany's economy grew at its fast rate in four years during 2004, driven by strong export sales.
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Brazil is the latest country to recognise China as a market economy in a move expected to consolidate their trade ties.
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A huge underwater oil field discovered late last year has the potential to transform Brazil into a sizable exporter and win it a seat at the table of the worldâs oil cartel.
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The Commerce Dept. today estimated that the nation's gross domestic product expanded at an annual rate of 3.1 percent.
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Brazil&#39;s debt rating was raised by Moody&#39;s Investors Service for the first time since 2000 as a surge in exports gives the country more hard currency to pay its foreign bonds.
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Brazil and India set targets to substantially increase trade, after meetings between Brazil's president and Indian leaders.
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It may be known as the land of slender supermodels, champion soccer players and itsy-bitsy bikinis, but Brazil is increasingly fattening up like the United States.
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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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Britain's economy expanded by 0.8 percent in the third quarter of this year, according to official data published Friday.
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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.