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


To: Maurice Winn who wrote (78585)8/27/2011 1:59:39 AM
From: elmatador  Read Replies (1) | Respond to of 217784
 
growing at an "encouraging" pace and "don't seem to be slowing at all given volatility in the rest of the world," Immelt said.

You see?

This volatility thing is for finance based economies.

GE's revenues in Brazil--now expected to grow more 30% this year--were $2.6 billion in 2010. The company is investing $570 million in Brazil in the 2010-13 period to expand its health-care equipment, locomotives, turbines, wind power equipment production and other industrial areas.

Around $170 million of the total will be spent on a new research center in Rio de Janeiro, to start up in 2013 to develop "four or five key technologies to support local customers, including in oil and gas exploration, health care and smart grid technology," Immelt said.

...

Marcos Leal, corporate marketing director for GE in Brazil, said the company's current investments in the South American country involve doubling capacity to 120 units a year at the locomotives production facility in Minas Gerais state, which is starting to export to Africa.

Health-care equipment production facilities in Minas Gerais are also being expanded as is the aircraft turbine servicing center in Petropolis.

GE produces wind-power generation turbines in Sao Paulo state, and will supply Brazilian billionaire Eike Batista's EBX Group with solar power-generation equipment, according to Leal.

"We want to be together with EBX in its growth in mining, oil, power generation and logistics," he said.

Oil and gas producer Petroleo Brasileiro SA (PBR, PETR4.BR) and miner Vale SA (VALE, VALE5.BR) are existing big customers of GE in Brazil, Leal said.

foxbusiness.com



To: Maurice Winn who wrote (78585)8/27/2011 2:20:33 AM
From: elmatador  Read Replies (1) | Respond to of 217784
 
MQ as those African countries discover that we can fill the tummies of their populaces they will beat a track to Brasilia offering their land.

Not only that! We can put lots of negroes to work productively and provide hard cash through exports.

It is that or Tunisisa, Egypt, Yemen, Syria, Libya outcomes...



To: Maurice Winn who wrote (78585)8/27/2011 2:57:57 AM
From: TobagoJack2 Recommendations  Read Replies (2) | Respond to of 217784
 
Buffett is as much a human slug as the treasury secretay is a crook

Warren Buffett:

taxprof.typepad.com

Americans for Limited Government researcher Richard McCarty, who was alerted to the controversy by a federal government lawyer, said, “The company has been short-changing the tax collection agency for much of the past decade. Mr. Buffett’s company has not fully settled its tax bills from 2002-2009. Yet he says he’d happily pay more. Except the IRS has apparently been asking him to pay more going on nine years.”



To: Maurice Winn who wrote (78585)8/27/2011 3:02:23 AM
From: maceng2  Read Replies (2) | Respond to of 217784
 
Hi MQ,

If you have some time, have a look at this and tell me what you think.

Message 27598459

as for WB, I think he should gracefully retire why he still has a chance.