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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (30403)	5/19/2005 9:36:20 AM
From: zonder	Respond to of 116555

LOL! -g-

To: Knighty Tin who wrote (30403)	5/19/2005 10:27:33 AM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 116555

Brazil Apr 12Mo Curr Acct Surplus $14.23B, 2.21% Of GDP BRASILIA (Dow Jones)--The central bank said Thursday that Brazil posted a current account surplus of $14.23 billion, or the equivalent of 2.21% of gross domestic product, in the 12 months ended April. For the month of April, Brazil posted a surplus of $757 billion, reversing a current account deficit of $764 million reported one year earlier. The Central Bank attributed the turnaround to hefty foreign investment, as well as the continuing strong trade surplus. Foreign direct investment reached $3.04 billion in April, up from $1.4 million in March. That brought the year-to-date total to $6.53 billion. The bank maintained its forecast for foreign investment of $16 billion this year. The result was "well above the average," the bank said. (MORE) Dow Jones Newswires May 19, 2005 10:05 ET (14:05 GMT)