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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (18807)	5/26/2007 1:34:53 PM
From: elmatador	Respond to of 218659

Trade with China creates more jobs in Brazil as a result of exports to China than there were positions lost because of imports from the Asian giant, a Brazilian economist said Friday. According to a study by Marta Reis Castilho of the Federal Fluminense University, 559,598 jobs were created as a result of trade with China, while 237,455 positions were lost, which means a surplus of 322,143 to Brazil. The research also showed that the job surplus peaked at 379,000in 2003. Of the jobs that bilateral trade created in Brazil in 2005, approximately 396,000, or 71 percent, went to workers with basic education levels or less, as the major exports to China were agricultural products and iron ore.

To: TobagoJack who wrote (18807)	5/26/2007 1:35:00 PM
From: elmatador	Respond to of 218659

Sugar Price Drop May Discourage Brazil Investments, Unica Says By Carlos Caminada May 25 (Bloomberg) -- Brazilian sugar and ethanol makers will probably scale back investments in new mills in coming years as lower prices discourage spending, an industry leader said. Sugar, the worst-performing commodity in the past 12 months, will likely stay around 9 cents a pound this year, said Fernando Moreira Ribeiro, executive director of Brazil's Center- South Sugar and Ethanol Industry Association, known as Unica. ``At this price, the picture is not so rosy,'' Ribeiro in an interview. ``Many will reconsider the pace of investments.'' Sugar futures for July delivery rose 0.36 cent, or 4 percent, to 9.29 cents per pound at 9:40 a.m. on the New York Board of Trade. The price is down 43 percent from a year ago. About 80 projects for new mills are planned over the next three years in Brazil, the world's biggest maker and exporter of sugar and cane-based ethanol, Ribeiro said. Investors may hold off on that spending should the price of sugar hover around 9 cents, he said. Sugar cane output in Brazil's center-south, which accounts for more than 80 percent of the country's crop, will climb to a record in the current harvest after rising demand for sweetener and ethanol encouraged planting. The region will harvest 420 million metric tons of the plant in the current May-to-November season, compared with 373 million tons a year earlier, Antonio de Padua, Unica's technical director, said on April 24. Mills in the center-south of Brazil will turn the current cane harvest into 27.5 million tons of the sweetener and 18.6 billion liters (5 billion gallons) of ethanol, Padua said. To contact the reporter on this story: Carlos Caminada in Sao Paulo at at ccaminada1@bloomberg.net