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


To: THE ANT who wrote (29653)2/19/2008 12:40:08 PM
From: elmatador  Respond to of 218871
 
on the way to bubble: Investment Case For Buying Property In Brazil Now Well Oiled
Oil rich nations such as Dubai and Norway have seen their property markets sky-rocket on the back of rising oil prices. Two oil and gas discoveries in the last three months off the coast of Rio de Jan


Related Website: HomesGofast.com Publish Date: 2008-02-19
The Full Story:
London, United Kingdom, February 19, 2008 -- With oil starting to flow in 2010, the economy of Brazil and thus property prices are expected to receive a major boost. Brazil Property Advisors has analysed the most attractive investments in the Brazilian property market and is delighted to discuss the opportunities.

Brazilian energy giant Petrobras announced on Jan. 21st a new, potentially sizeable natural gas reserve near the Tupi oil field, which was discovered in November 2007. Although Petrobras did not disclose the size of the newest find, named Jupiter, it did confirm the huge potential of the area where the deposit was found opening the door for yet additional discoveries. The Jupiter discovery adds to Brazil's already impressive energy resources, putting Petrobras' oil reserves higher than Royal Dutch/Shell's and Chevron's and barely below those of Exxon and BP. Brazil is now getting closer to becoming a full-fledged energy powerhouse. The sudden availability of financial resources to invest in the country's priority items, such as infrastructure and social programs, has the potential to boost the long-term growth rate of Brazil. This has been recognized by the financial community which has driven the Brazilian Real and the Brazilian stock market to new record highs at the end of 2007. The Sao Paulo Stock Exchange (Bovespa) closed 2007 with an accumulated rise of 72 percent in U.S. dollars, the third biggest rise among the world's large stock-exchanges. The annual rise was overcome only by China's Shenzhen (181 percent) and Shanghai (110 percent) stock market.

The confidence of international investors is best exemplified by the massive growth of foreign direct investments (FDI) flowing into Brazil in 2007. FDI doubled in 2007 to $37.4bn, exceeding FDI for Japan and India. Brazil was the third largest recipient - China was #1 and received $67.3bn. However, to put this into context, China's FDI is not even twice the FDI of Brazil although China has a seven times larger population.
Why are the oil discoveries and the FDIs so important for property investors in Brazil? Other countries which have seen a similar oil boom and foreign interest such as Norway and Dubai, have equally seen their property market post record price increases year after year. House prices in Norway and Dubai increased between 2000 and 2007 at an annual rate in excess of 15%.

However, Brazil has more to offer than exciting economic prospects. Great weather year round, fabulous beaches and a famous life-style make Brazil an attractive property hotspot for international investors. It also has a very affordable cost of living, only a fifth of the UK, making it a very reasonable place to stay for the short and long term. For a holiday home, second home or retirement home, this is one of the best places to look. The Brazilian property market today is where Spain and Portugal were 25 years ago. Investors in Brazil can acquire beautiful properties in stunning surroundings, at prices simply unobtainable in most other overseas destinations.
The attraction of property investments in Brazil has been recognized by a growing number of UK celebrities such as David Beckham and Naomi Campbell who have all acquired property in the North east of Brazil.

Brazil Property Advisors has many years of experience in Brazil. Its staff is regularly flying to Brazil to identify the best opportunities. Brazil Property Advisors spokesperson Luciane Pinto: ' Since Brazil is still an emerging property market, we guide UK buyers through the entire buying procedure. Many investors are bewildered by the procedures in Brazil we aim to make the purchase as easy as possible. We have a network of respected lawyers, financial advisers and money transfer companies in the UK and in Brazil.'

Brazil Property Advisors gives you the best choice of top quality developments and have many options of properties in the portfolio with prices starting from only £25,000.
Press Release Distribution By PressReleasePoint(http://www.pressreleasepoint.com)

Contact:
HomesGofast.com
Nicholas Marr
London, United Kingdom,
442070993392
nick@homesgofast.com
homesgofast.com




To: THE ANT who wrote (29653)2/22/2008 11:57:46 AM
From: elmatador  Respond to of 218871
 
Brazil poised for investment grade in '08
Brazil is poised to successfully weather a global economic slowdown and remains on track to reach an investment-grade credit rating this year, Finance Minister Guido Mantega said on Monday.

"We still haven't felt any major impact in Brazil, we haven't felt a slowdown. That doesn't mean there won't be one, but until now there hasn't been anything concrete," Mantega told reporters when asked about the possibility of a global economic slowdown.

Brazil's financial markets have been volatile since concerns emerged that the economic woes in the United States could deepen and spread globally. That scenario could diminish investment flows to emerging markets like Brazil.

Mantega said a robust domestic market will continue to drive the economy even in the event of a global slowdown. He added that the country's economic fundamentals are strong enough for an investment-grade credit rating, which would allow the government to borrow at lower interest rates and attract a wider pool of investors.

"International reserves keep rising, the country is more solvent than ever," Mantega said. "In my view, (investment grade) will come this year."

Brazil, Latin America's largest economy, is rated one notch below investment grade by the major credit rating agencies. Goldman Sachs said in a research report on Monday that Brazil's investment grade "appears on the horizon." (Reporting by Isabel Versiani; Translated by Todd Benson; Editing by Diane Craft)



To: THE ANT who wrote (29653)2/28/2008 10:03:10 AM
From: elmatador  Read Replies (1) | Respond to of 218871
 
Exchange rate may prompt CB change second half. Banks already informally working with USD between 1.50 and 1.55 at end of first semester.
Last 8 days USDS lost 4.62%. There will be some pauses ion the way but without invalidating the main low tendency.

At R$ 1,50, USD will force CB to review monetary policy. Could not keep SELIC on 11,25% until year end as COPOM wanted.

Econometric models estimate IPCA below 4% for 08 and 09. There won't be an "heterodox" drop in interest rates to dissuade incoming speculative capital which is increasing due to interest rate delta.
It will be return to flexibilization cycle due to the inflation pull back.

CB getting good argumentation against the idea the it is simply a matter of dropping SELIC to revert USD fall. The argument is: USD is dropping hard in countries that do not pay high interest rates.

Of all currencies appreciating against USD Brazil is just the fifth. rand rican rand (1,89%), NOK (1,61%), CAD(1,58%) e o CHF (1,47%). Note that big investors are running away from USD due to FED lenient monetary policy.

Weakening of USD was reinforced by Bernanke’s speech. Even though there are inflationary pressures in the US they won’t be fought at this juncture. Resulting from this speech expectancy for .5 cut

Selic keeping 11,25% will jack up delta from 8% to 8,54%. That's the yearly gain in arbitraging. Since JAN 21 until FEB 27 USD fell more than the delta: 8,63%.

economia.uol.com.br