Brazil’s agricultural output expected to rise
Brazil is an agricultural powerhouse and a world leader in exports of soybeans, sugar, orange juice, and coffee. It is also one of the top producers and exporters of cotton, poultry, and beef. This trend of Brazilian dominance in agriculture seems poised to continue with an expected 8.5% increase in production for grains, legumes, and [...]
Water Wars – Winners and Losers
The agricultural output of India over the next 3 decades could be severely curtailed if water shortages are not addressed. The populist measure of giving Indian farmers free power has resulted in rapid depletion of groundwater supplies for agriculture. I saved Andy Mukherjee’s Bloomberg columns from 2 years go where he wrote about problems created [...]
Jim Rogers Busy Turning Raw Land Into Farmland in Brazil
Recession or no recession there are no holidays or time-offs for eating…As Indians get richer, more of them will eat higher quality food – and about few hundred million will step up from 1/2 to 3 meals a day. Brazil is one of the few places where massive areas of land can be brought under [...]
U.S. offers farm subsidy cut but is asked for more
EcoDiario.es.
“My immediate response is it doesn’t pass the ‘laughtest’,” a senior Indian official told Reuters.
Brazil said it wanted deeper cuts. “This is only the secondday of the talks here, so we imagine there is room formanoeuvre to reduce them further,” a Brazilian diplomat said.
Brazil and India are key to the negotiations because theUnited States and [...]
Brazil boom breeds new generation of millionaires
Image via Wikipedia
Reuters.
By the time he was 29, Calderaro was worth well over a million reais ($630,000) thanks to big bets on steel, mining and banking stocks just as Brazil’s economy was taking off after decades of lackluster growth. Since then, his fortune has swelled even more, cementing his status as a full-fledged member of [...]
India can grow over 8-8.5%
SIFY
[Confederation of Indian Industry President and ICICI Bank Managing Director K V Kamath ] noted with satisfaction India having a strong savings rate of 34.8 per cent, investment rate of 35.9 per cent and incremental capital-output ratio (ICOR) of four per cent, better than China(4.3 per cent) and Brazil (5.1 per cent). The country had [...]
Brazil agribusiness wants looser ties to China, India in WTO talks
AFP
PFAN President Gilman Viana Rodrigues told reporters that that strategy benefited India and China more than Brazil.
It delivered “a certain level of concessions to protectionist countries that are not exporters … and these concessions are going to diminish the ambition of countries like Brazil,” he said.
Brazil’s agricultural sector accounts for 24 percent of gross [...]
Brazil: Another reason for high oil prices
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BloggingStocks
Oil workers at Petrobras, the Brazilian oil company, have gone out on strike. Brazil is a modestly important supplier of crude, but with the recent discovery of large off-shore deposits, its role is likely to grow.
According to Bloomberg, the strike “may cut Brazilian daily oil output by more than half.”
The strike raises two [...]
Why Brazilians Should Demand the Renationalization of Petrobras
Bold proposals. In India, future inflation can be tempered by redirecting investment into strengthening the extensive rail network – and diverting freight to rail from roads. Moving freight primarily by truck is folly in this era of expensive oil.
BrazzilMag
One of the central benefits obtained through the nationalization of the oil companies will be the immediate [...]
BRICs nations shift in growth pattern
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The Economic Times
The Asian tigers have lost their allure. And while growth in both China and India is still expected to be among the highest in the world, the sharp decline in their stock markets — China has fallen a whopping 41% since December 2007 with India a close second at 38% — [...]
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