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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (57666)	12/27/2004 8:46:08 PM
From: elmatador	Read Replies (1) \| Respond to of 74559

what are interest rates not in Brazil? went from 17,25% to 17,75% about two weeks ago. Analysts expect to go up to 18% in January. <<profitability achieved by four great Brazilian banks (Bradesco, Itaú, Unibanco and Banespa) was of 20.03% from January to September against 21.95% in the same period in 2003. "And don't forget that rain or shine the banks always have excellent profitability," said Almeida. He added that profitability above 10% is considered reasonable; between 15% and 20% it is good; and above 20% it is very good.>> ... Brazilian Capital Abroad Although Brazil is not in the list as the main nations sources of foreign direct investments, another study prepared by Unctad, also released recently, shows that the flow of this kind of capital from Brazil to other countries increased and should reach record values of US$ 9.5 billion until the end of 2004. According to the report, the accumulated stock of Brazilian direct investments in foreign countries should reach US$ 66 billion, the largest volume registered amongst the Latin American countries and the 4th largest amongst the developing countries, losing only to Hong Kong, China, Singapore and Taiwan. "While Brazil has succeeded in attracting sizeable amounts of foreign direct investments in the past, it's only now that investment abroad by Brazilian companies appears poised to take off," stated Karl Sauvant, director of Unctad's investment division. Amongst the Brazilian companies that invest the most in foreign countries are Petrobras, Vale do Rio Doce, Gerdau and Construtora Norbert Odebrecht. brazzilmag.com