Invest in Brazil

Invest in Brazil

Invest in Brazil

Brazil has overtaken the United States as the preferred place to invest, according to a new survey by Bloomberg.

A poll of around 1400 investors, analysts and traders rated Brazil and China joint first for potential returns over the next year ahead of India in third and the US in fourth. The US had held the top spot in the previous survey three months ago.

Last week Brazil's state-owned oil giant Petrobras, Latin America's largest companyby revenues and profits, made world history when it raised 44 billion in a share sale.

Petrobras's market value of 135 billion ranks only behind Exxon Mobil Corp., Apple Inc. and PetroChina Co. and puts it ahead of companies like Microsoft Corp. and Wal-Mart Stores Inc.

Meanwhile, the country's BM&F BOVESPA stock exchange has become the second largest in the world. Its market value of 11 billion is 25 per cent higher than the New York, London and Nasdaq Exchanges combined.

Another recent report from the United Nations Conference on Trade and Development (UNCTAD) has ranked Brazil third in terms of direct foreign investment plans for the next two years. It was placed behind China and India but ahead of the previous number two, the US.

Brazil's economy is set to grow by more than seven percent this year, according to government officials and private sector economists. That will further cement Brazil as the region's top economy and one of the 10largest in the world. As recently as six years ago, Brazil's economy ranked second in Latin America after Mexico.

All this means there has never been a better time to Invest in Brazil

POST COMMENT

Getting into Shape with the help of a Personal Trainer Palm Trees Green Palm co Many Unforgettable Times Spent At Barcelona New flying time record for Air Arabia Historical Shapes of Corsets A convenient way to have more essays in short time Deforestation 9 Signs Containing Twins Bollywood Star Aishwarya Rai Real Life Photos | Bollywood Star FHA Down Payment Gets Adjusted Skateboard Grip Tape Longboard Temperature Selling Air Elite With Delta Having A Jet Charter In Croatia