*******www.gwm-tv**** - Foreign investors are still seeing Brazil as one of the best nations in which to put their money, a survey by financial services firm, KPMG, has shown.
More than 41 per cent of the 185 current investors in Brazil who were surveyed said they were looking to expand their investments, and 66 per cent said they wanted to expand their access to local and regional markets.
Mark Barnes, of KPMG, said the country's long-term growth forecast and appetite for goods and services make it attractive to international companies seeking to broaden their customer bases.
*******www.gwm-tv**** - Electricity consumption in Brazil rose by 7.8 per cent in 2010, led by a surge in demand from the nation's booming industrial consumers.
The national energy research company, EPE, found that energy consumption in 2010 totalled 419 gigawatt hours, up 7.8 percent from the 388.7 gigawatt hours measured in 2009.
The industrialised and most densely populated south-east of the nation saw an 8.4 per cent rise in consumption, while the smaller, but rapidly developing north-east of the nation saw its consumption rise by 8.8 per cent.
Brazil's new president, Dilma Rousseff, is make forging greater ties with the world's other emerging a major part of her presidency.
The country's first female president - who officially took office on January 1 - is thought to want to encourage growth and investment through lucrative relations with Russia, India, China and South Africa.
Brazil's abundant natural resources have already created a close relationship with China, and the recent discovery of new oil fields is likely to make Rousseff only more keen draw the greatest benefit from them.
Italian car maker, Fiat SpA, is investing 1.8 billion US dollars into a new factory in the north-east of Brazil.
The manufacturer - which holds a larger share of the Brazilian car market than any other European brand - has completed a deal to begin work next year on a new plant in the city of Pernambuco.
The factory's capacity will allow it to build 200,000 cars annually by 2014, and will also be Fiat's research and development headquarters on the continent.
The plant will also create a surge in demand for steel and the eucalyptus charcoal that is increasing being used to power such plants.
The Brazilian state of Amazonas has used an extensive inventory of flood-prone parts of its forests as the basis for its new sustainable logging legislation for the floodplain forests.
The state's leaders used the inventory - which was the result of extensive research by a team of German scientists - to pass the new law, which governs how often a species may be logged, how much timber may be taken and the necessary tree circumference.
The areas - known as the Várzea forests - are regularly flooded by the Amazon and Solimões rivers. The forests provide unique systems but they are at risk from intensive logging.
Brazil is taking strident action against companies that are seen to exploit their workers, in a bid to bring their working standards in line with other developed powers.
The Brazilian labour ministry this week added 88 new firms to its 'black list' of companies with failing working standards, bringing the total to 220.
Companies on the list must pay heavy fines, are denied access to credit lines at public banks and are prohibited from selling their products to government entities. To come off the list they must change their leadership and prove they have corrected any hiring and lobar use irregularities.
A new eucalyptus clone has been developed by the bioenergy arm of the world's largest steel company, ArcelorMittal, specifically for use as a fuel source in steel-making processes.
It is hoped that charcoal from the fast-growing timber will be a renewable alternative to coal in the manufacturing processes. Prior to its development, charcoal had been unsuitable for use in steel making as it could not withstand the weights needed to be put on it during the process.
Tests on the new charcoal, however, have shown that it can withstand pressure of up to 220 pounds per square inch.
Leading analysts from global investment firm, Goldman Sachs, have predicted the Brazil's Bovespa index will likely rise by 26 per cent over the course of 2011.
Analysts, Stephen Graham and Alexander Kazan, told clients that the index would reach 85,500 next year, citing compelling valuations after Brazilian stocks trailed emerging-market peers.
The pair warned, however, that the economic performance in Brazil could still remain constrained in the near terms, particularly if, as expected, the central bank starts raising interest rates in January.
*******www.gwm-tv**** - Wireless tracking technology is currently being introduced across Brazil as part of continued efforts to clamp down on the illegal timber trade.
The Radio Frequency Identification - or RFID - tags contain implanted antennae and can either be attached to standing trees or to logs. Each tagged tree is given an identification number, which is uploaded to a database that is shared between logging companies and timber control authorities.
Information contained in the system will include species, coordinates of harvest, current location, planting year and logging permit and will also help with the development of sustainable forest management.
*******www.gwm-tv**** - Brazil's growing prosperity and assured economic status has been highlighted by a 30.5 per cent year-on-year rise in the number of cars sold across the country.
November 2010 saw 328,473 cars sold across the country, which was also an 8.3 per cent rise on the number of cars sold in October this year.
Financial analysts have said auto sales have benefited from the country's strong economy, healthy consumer confidence and the widespread availability of credit.
The November figures bring the total number of cars sold in Brazil so far this year to 3.133 million - up 10 per cent on the figure for 2009.
*******www.gwm-tv**** - Renewable energy in Brazil will be under the spotlight at the simultaneous United Nations Climate Change Conference (COP-16) and the World Climate Summit (WCS) taking place over the next two weeks.
Brazilian Sugarcane Industry Association (UNICA) president, Marcos Jank, will be presenting at the summits. He said Brazil plays an inspirational role for other nations in the search for solutions for global warming and climate change.
Nearly 50 per cent of all the energy used in Brazil comes from renewable sources, which is three times the global average and can largely be attributed to the development and production of sugarcane ethanol.
*******www.gwm-tv**** - A report into the timber market in the Brazilian state of Pará has concluded that it is a decisive key to the area’s economy.
The research, carried out by the Para Forestry Institute, said that the state’s forest sector revenues topped $4.46 billion US dollars in 2008. This accounted to 9.6 per cent of the state’s total GDD and, with 30,481 jobs, supported 3.6 per cent of its total employment.
The report said that even though the state’s timber trade supported low value-added products, it remained a net exporter of timber products.
*******www.gwm-tv**** - Steelmakers in Brazil are luring the top-performing stock funds in the country, amid prospects that the President-elect Dilma Roussef has steps planned to protect the steel industry from foreign competitors.
Top manufacturer, Gerdau SA, has seen shares snapped up amid speculation that Roussef is planning tax rises for imports.
It is also expected that the boom in construction that will be created by the 2014 World Cup and 2016 Olympic Games, will offer a significant boost to what had previously been referred to as “massacred” steel prices.
*******www.gwm-tv**** - Brazil will need to invest billions in its air transport system if it is to provide sufficient infrastructure for an expected aviation boom.
Air travel in the emerging economy is expected to treble in the next 20 years, having already grown from 68 million annual passengers in 2000 to 113 million in 2008.
Infraero, the state controlled company that runs the 67 largest airports in Brazil, has said it plans to invest 2 billion Brazilian reals in improving São Paulo's airports alone, with privatization also being seriously considered for the necessary improvements to other airports.
*******www.gwm-tv**** - An Irish trade delegation is embarking on a mission to Brazil with hopes of strengthening business ties with the South American nation.
The Enterprise Ireland mission has given a high priority to cultivating Brazilian links, due to the investment opportunities there and its booming telecoms, finance and construction sectors.
The trip is being spearheaded by the minister for trade and commerce, Billy Kelleher, who said 34 Irish companies would be represented on the mission. He added that the 2014 World Cup and 2016 Olympic Games would offer a huge range of investment opportunities.
*******www.gwm-tv**** - Brazilian forestry professionals are gathering in South Mato Grosso this week to attend the second annual symposium on the planting of eucalyptus and rubber tree forests.
A series of seminars and lectures are being held to present options and tips on the planting of the fast-growing species. New technology will be demonstrated, while investment and business opportunities are also due to be highlighted.
The aim of the symposium will be to look at ways of making full use of Mato Grosso's abundant natural resources and perfect growing climate.
*******www.gwm-tv**** - A new steel plant is to be built in the Brazilian state of Ceara after Korean steel producer, POSCO, signed a deal with Brazil's Vale S.A. and the Dongkuk Steel Mill.
The deal will see Vale hold a 50 per cent stake, Posco hold 30 per cent and Dongkuk hold the remaining 20 per cent.
Construction is expected to begin early in 2011 and its initial production capacity will see it produce three million tons of steel slabs annually. A future second phase aims to expand this to six million tons annually.
*******www.gwm-tv**** - Charcoal is no longer listed as a dangerous cargo for road transportation in Brazil, following a scientific study on the burning point of charcoal.
The reclassification came as a result of the tests, carried out by the Cientec laboratories, that showed that the incendiary point of charcoal - largely made from farmed eucalyptus - is 450 degrees centigrade. It also dispelled the myth that charcoal can spontaneously combust when subjected to certain conditions, such as being stacked or pressed.
The study was regulated by The National Land Transport Association, which has said that it is applicable for the transportation of charcoal across all Brazilian states.