The Brazil economy saw Brazilian consumer spending slow twice the rate of GDP between 2008 and 2009 according to Bloomberg. According to Itau analyst, it is estimated that Brazilian personal consumption may slow 7.9 percent this year to 5.2 percent in 2009. Nonetheless, despite the concern that the Brazil government’s attempt to control inflation will [...]
![](http://www.economynews.us/wp-content/themes/WpAdvNewspaper13/timthumb.php?src=images/black_gold_logo.jpg&h=&q=90&w=90&h=65&zc=1"){kind=logo}
Lack of Cash has caused Indian Oil, Bharat Petroleum and Hindustan Petroleum to postpone their plans of investing in sugarcane farms of Brazil. The investment of USD 600 million was to fetch ethanol for mixing it with petrol. The three units had thought of buying or leasing sugarcane plantations in Brazil. Ethanol is a by-product [...]
As per an official US report, the much awaited and expected deal between Washington and New Delhi that took place last year has made it much more plausible for US exports to reach India. The report of USTR (US Trade Representative), titled 2009 Trade Policy Agenda and 2008 Annual Report, the Nuclear Agreement that after [...]
With the fast pace at which countries China, India and Brazil are progressing, these will help in supporting the non-uniform trade levels of the world, according to an official US report. The report named 2009 Trade Policy Agenda and 2008 Annual Report states that the three countries are increasingly having positive global influence, which has [...]
Nation’s largest market researcher, AC Nielsen is believed to add to its sample survey by increasing it from 16,000 to 22,000-23,000 due to being pressurized by FMCG players. These companies have been facing a downfall in their share prices when compared to rivals. The newly included entities will be from modern institutional and trade areas [...]