European Union Conference Room · CONSULTORES AUTÓNOMOS, LDA . N QM Consu Consulting. Hugo...
Transcript of European Union Conference Room · CONSULTORES AUTÓNOMOS, LDA . N QM Consu Consulting. Hugo...
European Union Conference Room Pohjoisesplanadi
31 Helsinki
Message
From
Chairman
of Brazil Brazil Finland DayFinland Day MARCO Cardoso
26April11 Tuesday
1This is a enlarged version of what was presented Click on the pictures so you get more information o)
2(c) CCO Consulting Helsinki 260411
ToshibaToshiba is from March 2010 (the month I bought it) ldquoinventingrdquo excuses for not fixing my laptophellip so if vertical and coloured stripes shows up during presentation we thank ToshibaToshiba
1 ndash Thank You2 ndash Vision3 ndash The Brazil Finland Day4 ndash Next Steps5 ‐ Additional
3(c) CCO Consulting Helsinki 260411
1
ndash
Thank
YouKiitos
Obrigado
4(c) CCO Consulting Helsinki 260411
To ones
who
were
present
and the ones
that
could
not
be
present
and encouraged
the Brazil
Finland Day
The size
of the pictures
reflects
my
ignorance
on
design and NOT the importance
of my
deep
appreciation
for each
person
ldquoFallor
ergo sumrdquo
2
ndash Vision
5(c) CCO Consulting Helsinki 260411
How does CCO ConsultingCCO Consulting add value
I I -- CCO ConsultingCCO Consulting advises companies on getting finance through debt andor equity
II II -- CCO ConsultingCCO Consulting advises companies on getting finance through clients by for example IMPROVINGINNOVATING their INTERNATIONALIZATION areas (including MARKETINGSALES)
III III -- CCO ConsultingCCO Consulting through II and II II contributes to competencies development
IV IV -- CCO ConsultingCCO Consulting had been centered on Nordic Countries ANDAND Portuguese Speaking Communities
2
ndash Vision
6(c) CCO Consulting Helsinki 260411
Who does CCO ConsultingCCO Consulting support
By helping Portuguese companies to reinforce their international presence
Next page has got the companies associated with CCO ConsultingCCO Consulting in this initiative
OrsquoNEILL E SANTOS -
CONSULTORES AUTOacuteNOMOS LDA
N ConsuQMConsulting
Hugo OrsquoNeillConsultor Autoacutenomo
Investment Management Certificate (UK Society of Investment Professionals)
Poacutes-graduaccedilatildeo - PADE (Programa de Alta Direcccedilatildeo de Empresa)
Joatildeo Cantiga EstevesProfessor
Universitaacuterio e Senior Partner e
presidente da Ephi- ciecircncia financeira
MBA in International Finance
Ana Alberto Santos
Consultora Autoacutenoma
Revisora Oficial de Contas desde
1995
Poacutes-graduaccedilatildeo em Estudos Europeus
Nuno Quaresma
MartinsConsultor de
Gestatildeo
Poacutes-graduaccedilatildeo em Financcedilas e
Controlo Empresariais
Marco CardosoConsultor
MBA ndash BI Norwegian School of Management
INTERNEURSRua Satildeo Domingos de Benfica 33 RC Dto1500-556 Lisboa - Portugal
wwwinterneurseu
2
ndash Vision
8(c) CCO Consulting Helsinki 260411
Who does CCO ConsultingCCO Consulting support
By helping companies to excel with media so we developed the ldquoMedia Training Prordquo
Focus Portugal North African Countries Cabo Verde Mozambique and Poland
Will be a foundation one day On the meantime we dedicate to organize ldquowisingsrdquo (please visit the website) The next WISING will be in Kotka
WWW means
Work for a Wiser World
2
ndash
Vision
9(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallengeWorld is
shifting
from being
Atlantic‐Indian
Centric
to become
Pacific‐
Indian
CentricI strongly
believe
that
LinkingLinking
NordicNordic
CommunitiesCommunities
amp Portuguese amp Portuguese SpeakingSpeaking CommunitiesCommunities
CAN MAKE A POSITIVEPOSITIVE
DIFFERENCE for a better
WORLDPlease lets
make
the effort
togethertogetherhellip
alone
or
independently
is
BORING
20102011
2
ndash Vision
10(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
(NC) amp Portuguese Speaking
Communities
(PSC)
Through
Nordic
Communities Portuguese
Speaking
Communities
can
access
to BRIC called
Through
Portuguese
Speaking
Communities
Nordic
Communities
can
access
to BRIC called
2
ndash Vision
11(c) CCO Consulting Helsinki 260411
Some Relevant DetailsNordic
CommunitiesPortuguese Speaking
Communities
Geography Continuity
Stimulates ldquostandardizationrdquo ldquosisurdquo
Discontinuity
Stimulates
ldquorandomnessrdquo ldquodesenrascarrdquo vaguely related with ldquoto
improviserdquo
Environment HardStimulates
ldquoNo sympathy for failuresrdquo
MildStimulates
ldquoThere is always a second chancehellip
even after the Nth
opportunityhelliprdquo
StateNation First they focus on nation buildinghellip
then the statehellip
Stimulates
ldquoThinking before Actionsrdquo
First they focus creating the statehellip
then the nationhellip
Stimulates
ldquoTalking and Making Lawsrdquo
2
ndash Vision
12(c) CCO Consulting Helsinki 260411
Are we aware of realities such as for example the one of the next slide or do we think that is a problem for OTHERS to solve and we keep on doing ldquobusiness as usualrdquo
2
ndash Vision
13(c) CCO Consulting Helsinki 260411
httpwwwles-crisesfrprix-alimentaires
2
ndash Vision
14(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Power Distance Index (PDI) that is the extent to which the less powerful members of organizations and institutions (like the family) accept and expect that power is distributed unequally This represents inequality (more versus less) but defined from below not from above It suggests that a societys level of inequality is endorsed by the followers as much as by the leaders Power and inequality of course are extremely fundamental facts of any society and anybody with some international experience will be aware that all societies are unequal but some are more unequal than others Individualism (IDV) on the one side versus its opposite collectivism that is the degree to which individuals are inte-grated into groups On the individualist side we find societies in which the ties between individuals are loose everyone is expected to look after himherself and hisher immediate family On the collectivist side we find societies in which people from birth onwards are integrated into strong cohesive in- groups often extended families (with uncles aunts and grandparents) which continue protecting them in exchange for unquestioning loyalty The word collectivism in this sense has no political meaning it refers to the group not to the state Again the issue addressed by this dimension is an extremely fundamental one regarding all societies in the world
2
ndash Vision
15(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Masculinity (MAS) versus its opposite femininity refers to the distribution of roles between the genders which is another fundamental issue for any society to which a range of solutions are found The IBM studies revealed that (a) womens values differ less among societies than mens values (b) mens values from one country to another contain a dimension from very assertive and competitive and maximally different from womens values on the one side to modest and caring and similar to womens values on the other The assertive pole has been called masculine and the modest caring pole feminine The women in feminine countries have the same modest caring values as the men in the masculine countries they are somewhat assertive and competitive but not as much as the men so that these countries show a gap between mens values and womens values
2
ndash Vision
16(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Uncertainty Avoidance Index (UAI) deals with a societys tolerance for uncertainty and ambiguity it ultimately refers to mans search for Truth It indicates to what extent a culture programs its members to feel either uncomfortable or comfortable in unstructured situations Unstructured situations are novel unknown surprising different from usual Uncertainty avoiding cultures try to minimize the possibility of such situations by strict laws and rules safety and security measures and on the philosophical and religious level by a belief in absolute Truth there can only be one Truth and we have it People in uncertainty avoiding countries are also more emotional and motivated by inner nervous energy The opposite type uncertainty accepting cultures are more tolerant of opinions different from what they are used to they try to have as few rules as possible and on the philosophical and religious level they are relativist and allow many currents to flow side by side People within these cultures are more phlegmatic and contemplative and not expected by their environment to express emotions
2
ndash Vision
17(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Long-Term Orientation (LTO) versus short-term orientation this fifth dimension was found in a study among students in 23 countries around the world using a questionnaire designed by Chinese scholars It can be said to deal with Virtue regardless of Truth Values associated with Long Term Orientation are thrift and perseverance values associated with Short Term Orientation are respect for tradition fulfilling social obligations and protecting ones face Both the positively and the negatively rated values of this dimension are found in the teachings of Confucius the most influential Chinese philosopher who lived around 500 BC however the dimension also applies to countries without a Confucian heritage
2
ndash Vision
18(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
2
ndash Vision
19(c) CCO Consulting Helsinki 260411
In case you are not familiar with Geert Hofstede workhellip make sure you do not die with that ignorancehellip why not start NOW
2
ndash Vision
20(c) CCO Consulting Helsinki 260411
How Finland (through Penedo) got involved with rising awareness of Fernando Pessoahellip
2
ndash Vision
21(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallengeLinking
Nordic
Communities
(NC) amp Portuguese Speaking
Communities
(PSC)
PSC = 6th in
world
today 4th in
2050
Facts
PSC = Largest
in
the south
hemisphere
NC = Population
of Mozambique
= Territory
of Angola = 70 GDP of Brazil
Finland amp Brazil = Dignity
of Women
What
Unites
Finland amp Brazil = Cultural RichnessFinland amp Brazil = Environment
Awareness
Finland rarr Brazil = Population
Optimization
Sources
o Mutual Learning
Brazil rarr Finland = TEAMNEURSHIP (entrepreneur
amp intrapreneur)
Finland rarr Brazil = Resource
Use Solutions
Brazil rarr Finland = HUGE MARKETFinland rarr Brazil = On
competition
and cooperation
Brazil rarr Finland = HUGE RELIABLE SUPPLIER
2
ndash Vision
22(c) CCO Consulting Helsinki 260411
Snapshots about Brazil
Fast Forward
2
ndash Vision
23(c) CCO Consulting Helsinki 260411
GDP GDP ComparingAbsolute Population per capita with Portugal
Sweden 444600000000 9059651 49075 235Finland 232000000000 5250275 44188 212Norway 413500000000 4660539 88724 425Iceland 12770000000 306694 41638 199Denmark 305600000000 5500510 55558 266Portugal 223700000000 10707924 20891 100
Nordic Countries 1408470000000 56844Nordic Countries GDP 696 as of Brazil GDP 2024000000000Nordic Countries Population 24777669 Brazil Population 203429773 Brazil GDP pc 9949Nordic Countries GDP is 5713 of the Brazil GDP pcGDP of Portugal with the average GDP of Nordic CountriesPortuguese anual GDP Waste
Source httpenwikipediaorgwikiList_of_countries_by_GDP_28nominal29 030511 GDPhttpswwwciagovlibrarypublicationsthe-world-factbookgeosbrhtml 030511 Population
608684768381384984768381
USD 2010
2
ndash Vision
24(c) CCO Consulting Helsinki 260411
Have Fun with Samba
Be Careful with Security
2
ndash Vision
25(c) CCO Consulting Helsinki 260411
Average Growth Rates of Brazil
1998-2002 17
2003-2008 42
2009-2014 45 (expected of course)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
26(c) CCO Consulting Helsinki 260411
UNCTAD survey 2010-2012 shows Brazil being the THIRD country to be the priority for investment (FDI) from Multinational Companies
First
Second
Fourth
Fifth
So BRICs on the TOP of course
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
27(c) CCO Consulting Helsinki 260411
Brazil a economy with low credit as percentage of GDP
Source Eduardo Giannetti (Insper-SP)
A+B C D+E Total2003 13 66 96 1752009 20 95 73 1882014 31 113 56 200
millions of persons
A+B C D+E2003 7 38 552009 11 51 392014 16 57 28
Brazil MiracleSource Eduardo Giannetti (Insper-SP)
Class
Class
Source Eduardo Giannetti (Insper-SP)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
30(c) CCO Consulting Helsinki 260411
Complementing the two economies the largest companies
1 Petrobras-Petroacuteleo Brasil Oil amp gas operations Nokia Technology hardware amp equipment2 Banco do Brasil Banking Sampo Insurance3 Banco Bradesco Banking Fortum Oil amp gas operations4 Vale do Rio Doce Materials UPM-Kymmene Materials5 Itauacute Banking Stora Enso Materials6 Unibanco Group Banking Neste Oil Oil amp gas operations7 Eletrobraacutes Utilities OKO Bank Banking8 Usiminas Materials Rautaruukki Materials9 CSN-Cia Siderurgica Materials Metso Capital goods
10 Tele Norte Leste Telecommunications services Kesko Group Food markets11 Metalurgica Gerdau Materials Outokumpu Materials12 Embraer Aerospace amp defense M-real Materials13 Cemig Utilities Kone Construction14 Braskem Chemicals SanomaWSOY Media15 Brasil Telecom Telecommunications services Alma Media Media16 Aracruz Celulose Materials17 CBD-Brasil Distribuiccedilatildeo Food markets18 Ipiranga Oil amp gas operations19 CPFL Energia Utilities
Source httpwwweconomywatchcomcompaniesforbes-listbrazilhtmlhttpwwweconomywatchcomcompaniesforbes-listfinlandhtml
Brazil FinlandName of the company and Industry Type
Finland 1 billionaire per 5000000 persons
Brazil 30 billionaires per 200000000 personshellip
ldquoshould haverdquo at least 40 o)
2
ndash Vision
31(c) CCO Consulting Helsinki 260411
The largest banks in Brazil by total assets criteriaThe largest banks in Brazil by total assets criteria
For the For the completecomplete file click herefile click here
2
ndash Vision
32(c) CCO Consulting Helsinki 260411
Brazil NOW Brazil IN THE FUTURE
Brazilacutes Demographic Bonus started in 1999 and it will end in 2034
Demographic window is defined to be that period of time in a nations demographic evolution when the proportion of population of working age group is particularly prominenthellip But this so called demographic bonus (or demographic dividend) remains only a potential advantage as low participation rates (for instance among women) or rampant unemployment may limit the impact of favorable age structures
More at httpenwikipediaorgwikiDemographic_window
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
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FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
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RELATED SERVICES
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LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
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Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
To comment you must sign in or register
Sign in Register
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RECRUITERS
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Save over 70 on an FT subscription Plus get FREEdelivery to your home of office
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LATEST HEADLINES FROM CNN
US hits firms working with IranVolcanic ash cloud to close Berlin airportsSuicide bomber attacks Pakistan policeJordan Interim council represents LibyansChina keeps mum on N Korean leaders visit
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Internal Control Manager - MediaMedia Entertainment Advertising
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Jobs
EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
SEARCH
RECRUITERS
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
US hits firms working with Iran
Netanyahu lays out peace terms
Children join desperate flight from Syria
NATO chopper crashes in Afghanistan
Mubarak faces charges for corruption deaths
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FTcom can deliver talented individuals across all industries
around the world
Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
2(c) CCO Consulting Helsinki 260411
ToshibaToshiba is from March 2010 (the month I bought it) ldquoinventingrdquo excuses for not fixing my laptophellip so if vertical and coloured stripes shows up during presentation we thank ToshibaToshiba
1 ndash Thank You2 ndash Vision3 ndash The Brazil Finland Day4 ndash Next Steps5 ‐ Additional
3(c) CCO Consulting Helsinki 260411
1
ndash
Thank
YouKiitos
Obrigado
4(c) CCO Consulting Helsinki 260411
To ones
who
were
present
and the ones
that
could
not
be
present
and encouraged
the Brazil
Finland Day
The size
of the pictures
reflects
my
ignorance
on
design and NOT the importance
of my
deep
appreciation
for each
person
ldquoFallor
ergo sumrdquo
2
ndash Vision
5(c) CCO Consulting Helsinki 260411
How does CCO ConsultingCCO Consulting add value
I I -- CCO ConsultingCCO Consulting advises companies on getting finance through debt andor equity
II II -- CCO ConsultingCCO Consulting advises companies on getting finance through clients by for example IMPROVINGINNOVATING their INTERNATIONALIZATION areas (including MARKETINGSALES)
III III -- CCO ConsultingCCO Consulting through II and II II contributes to competencies development
IV IV -- CCO ConsultingCCO Consulting had been centered on Nordic Countries ANDAND Portuguese Speaking Communities
2
ndash Vision
6(c) CCO Consulting Helsinki 260411
Who does CCO ConsultingCCO Consulting support
By helping Portuguese companies to reinforce their international presence
Next page has got the companies associated with CCO ConsultingCCO Consulting in this initiative
OrsquoNEILL E SANTOS -
CONSULTORES AUTOacuteNOMOS LDA
N ConsuQMConsulting
Hugo OrsquoNeillConsultor Autoacutenomo
Investment Management Certificate (UK Society of Investment Professionals)
Poacutes-graduaccedilatildeo - PADE (Programa de Alta Direcccedilatildeo de Empresa)
Joatildeo Cantiga EstevesProfessor
Universitaacuterio e Senior Partner e
presidente da Ephi- ciecircncia financeira
MBA in International Finance
Ana Alberto Santos
Consultora Autoacutenoma
Revisora Oficial de Contas desde
1995
Poacutes-graduaccedilatildeo em Estudos Europeus
Nuno Quaresma
MartinsConsultor de
Gestatildeo
Poacutes-graduaccedilatildeo em Financcedilas e
Controlo Empresariais
Marco CardosoConsultor
MBA ndash BI Norwegian School of Management
INTERNEURSRua Satildeo Domingos de Benfica 33 RC Dto1500-556 Lisboa - Portugal
wwwinterneurseu
2
ndash Vision
8(c) CCO Consulting Helsinki 260411
Who does CCO ConsultingCCO Consulting support
By helping companies to excel with media so we developed the ldquoMedia Training Prordquo
Focus Portugal North African Countries Cabo Verde Mozambique and Poland
Will be a foundation one day On the meantime we dedicate to organize ldquowisingsrdquo (please visit the website) The next WISING will be in Kotka
WWW means
Work for a Wiser World
2
ndash
Vision
9(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallengeWorld is
shifting
from being
Atlantic‐Indian
Centric
to become
Pacific‐
Indian
CentricI strongly
believe
that
LinkingLinking
NordicNordic
CommunitiesCommunities
amp Portuguese amp Portuguese SpeakingSpeaking CommunitiesCommunities
CAN MAKE A POSITIVEPOSITIVE
DIFFERENCE for a better
WORLDPlease lets
make
the effort
togethertogetherhellip
alone
or
independently
is
BORING
20102011
2
ndash Vision
10(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
(NC) amp Portuguese Speaking
Communities
(PSC)
Through
Nordic
Communities Portuguese
Speaking
Communities
can
access
to BRIC called
Through
Portuguese
Speaking
Communities
Nordic
Communities
can
access
to BRIC called
2
ndash Vision
11(c) CCO Consulting Helsinki 260411
Some Relevant DetailsNordic
CommunitiesPortuguese Speaking
Communities
Geography Continuity
Stimulates ldquostandardizationrdquo ldquosisurdquo
Discontinuity
Stimulates
ldquorandomnessrdquo ldquodesenrascarrdquo vaguely related with ldquoto
improviserdquo
Environment HardStimulates
ldquoNo sympathy for failuresrdquo
MildStimulates
ldquoThere is always a second chancehellip
even after the Nth
opportunityhelliprdquo
StateNation First they focus on nation buildinghellip
then the statehellip
Stimulates
ldquoThinking before Actionsrdquo
First they focus creating the statehellip
then the nationhellip
Stimulates
ldquoTalking and Making Lawsrdquo
2
ndash Vision
12(c) CCO Consulting Helsinki 260411
Are we aware of realities such as for example the one of the next slide or do we think that is a problem for OTHERS to solve and we keep on doing ldquobusiness as usualrdquo
2
ndash Vision
13(c) CCO Consulting Helsinki 260411
httpwwwles-crisesfrprix-alimentaires
2
ndash Vision
14(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Power Distance Index (PDI) that is the extent to which the less powerful members of organizations and institutions (like the family) accept and expect that power is distributed unequally This represents inequality (more versus less) but defined from below not from above It suggests that a societys level of inequality is endorsed by the followers as much as by the leaders Power and inequality of course are extremely fundamental facts of any society and anybody with some international experience will be aware that all societies are unequal but some are more unequal than others Individualism (IDV) on the one side versus its opposite collectivism that is the degree to which individuals are inte-grated into groups On the individualist side we find societies in which the ties between individuals are loose everyone is expected to look after himherself and hisher immediate family On the collectivist side we find societies in which people from birth onwards are integrated into strong cohesive in- groups often extended families (with uncles aunts and grandparents) which continue protecting them in exchange for unquestioning loyalty The word collectivism in this sense has no political meaning it refers to the group not to the state Again the issue addressed by this dimension is an extremely fundamental one regarding all societies in the world
2
ndash Vision
15(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Masculinity (MAS) versus its opposite femininity refers to the distribution of roles between the genders which is another fundamental issue for any society to which a range of solutions are found The IBM studies revealed that (a) womens values differ less among societies than mens values (b) mens values from one country to another contain a dimension from very assertive and competitive and maximally different from womens values on the one side to modest and caring and similar to womens values on the other The assertive pole has been called masculine and the modest caring pole feminine The women in feminine countries have the same modest caring values as the men in the masculine countries they are somewhat assertive and competitive but not as much as the men so that these countries show a gap between mens values and womens values
2
ndash Vision
16(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Uncertainty Avoidance Index (UAI) deals with a societys tolerance for uncertainty and ambiguity it ultimately refers to mans search for Truth It indicates to what extent a culture programs its members to feel either uncomfortable or comfortable in unstructured situations Unstructured situations are novel unknown surprising different from usual Uncertainty avoiding cultures try to minimize the possibility of such situations by strict laws and rules safety and security measures and on the philosophical and religious level by a belief in absolute Truth there can only be one Truth and we have it People in uncertainty avoiding countries are also more emotional and motivated by inner nervous energy The opposite type uncertainty accepting cultures are more tolerant of opinions different from what they are used to they try to have as few rules as possible and on the philosophical and religious level they are relativist and allow many currents to flow side by side People within these cultures are more phlegmatic and contemplative and not expected by their environment to express emotions
2
ndash Vision
17(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Long-Term Orientation (LTO) versus short-term orientation this fifth dimension was found in a study among students in 23 countries around the world using a questionnaire designed by Chinese scholars It can be said to deal with Virtue regardless of Truth Values associated with Long Term Orientation are thrift and perseverance values associated with Short Term Orientation are respect for tradition fulfilling social obligations and protecting ones face Both the positively and the negatively rated values of this dimension are found in the teachings of Confucius the most influential Chinese philosopher who lived around 500 BC however the dimension also applies to countries without a Confucian heritage
2
ndash Vision
18(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
2
ndash Vision
19(c) CCO Consulting Helsinki 260411
In case you are not familiar with Geert Hofstede workhellip make sure you do not die with that ignorancehellip why not start NOW
2
ndash Vision
20(c) CCO Consulting Helsinki 260411
How Finland (through Penedo) got involved with rising awareness of Fernando Pessoahellip
2
ndash Vision
21(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallengeLinking
Nordic
Communities
(NC) amp Portuguese Speaking
Communities
(PSC)
PSC = 6th in
world
today 4th in
2050
Facts
PSC = Largest
in
the south
hemisphere
NC = Population
of Mozambique
= Territory
of Angola = 70 GDP of Brazil
Finland amp Brazil = Dignity
of Women
What
Unites
Finland amp Brazil = Cultural RichnessFinland amp Brazil = Environment
Awareness
Finland rarr Brazil = Population
Optimization
Sources
o Mutual Learning
Brazil rarr Finland = TEAMNEURSHIP (entrepreneur
amp intrapreneur)
Finland rarr Brazil = Resource
Use Solutions
Brazil rarr Finland = HUGE MARKETFinland rarr Brazil = On
competition
and cooperation
Brazil rarr Finland = HUGE RELIABLE SUPPLIER
2
ndash Vision
22(c) CCO Consulting Helsinki 260411
Snapshots about Brazil
Fast Forward
2
ndash Vision
23(c) CCO Consulting Helsinki 260411
GDP GDP ComparingAbsolute Population per capita with Portugal
Sweden 444600000000 9059651 49075 235Finland 232000000000 5250275 44188 212Norway 413500000000 4660539 88724 425Iceland 12770000000 306694 41638 199Denmark 305600000000 5500510 55558 266Portugal 223700000000 10707924 20891 100
Nordic Countries 1408470000000 56844Nordic Countries GDP 696 as of Brazil GDP 2024000000000Nordic Countries Population 24777669 Brazil Population 203429773 Brazil GDP pc 9949Nordic Countries GDP is 5713 of the Brazil GDP pcGDP of Portugal with the average GDP of Nordic CountriesPortuguese anual GDP Waste
Source httpenwikipediaorgwikiList_of_countries_by_GDP_28nominal29 030511 GDPhttpswwwciagovlibrarypublicationsthe-world-factbookgeosbrhtml 030511 Population
608684768381384984768381
USD 2010
2
ndash Vision
24(c) CCO Consulting Helsinki 260411
Have Fun with Samba
Be Careful with Security
2
ndash Vision
25(c) CCO Consulting Helsinki 260411
Average Growth Rates of Brazil
1998-2002 17
2003-2008 42
2009-2014 45 (expected of course)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
26(c) CCO Consulting Helsinki 260411
UNCTAD survey 2010-2012 shows Brazil being the THIRD country to be the priority for investment (FDI) from Multinational Companies
First
Second
Fourth
Fifth
So BRICs on the TOP of course
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
27(c) CCO Consulting Helsinki 260411
Brazil a economy with low credit as percentage of GDP
Source Eduardo Giannetti (Insper-SP)
A+B C D+E Total2003 13 66 96 1752009 20 95 73 1882014 31 113 56 200
millions of persons
A+B C D+E2003 7 38 552009 11 51 392014 16 57 28
Brazil MiracleSource Eduardo Giannetti (Insper-SP)
Class
Class
Source Eduardo Giannetti (Insper-SP)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
30(c) CCO Consulting Helsinki 260411
Complementing the two economies the largest companies
1 Petrobras-Petroacuteleo Brasil Oil amp gas operations Nokia Technology hardware amp equipment2 Banco do Brasil Banking Sampo Insurance3 Banco Bradesco Banking Fortum Oil amp gas operations4 Vale do Rio Doce Materials UPM-Kymmene Materials5 Itauacute Banking Stora Enso Materials6 Unibanco Group Banking Neste Oil Oil amp gas operations7 Eletrobraacutes Utilities OKO Bank Banking8 Usiminas Materials Rautaruukki Materials9 CSN-Cia Siderurgica Materials Metso Capital goods
10 Tele Norte Leste Telecommunications services Kesko Group Food markets11 Metalurgica Gerdau Materials Outokumpu Materials12 Embraer Aerospace amp defense M-real Materials13 Cemig Utilities Kone Construction14 Braskem Chemicals SanomaWSOY Media15 Brasil Telecom Telecommunications services Alma Media Media16 Aracruz Celulose Materials17 CBD-Brasil Distribuiccedilatildeo Food markets18 Ipiranga Oil amp gas operations19 CPFL Energia Utilities
Source httpwwweconomywatchcomcompaniesforbes-listbrazilhtmlhttpwwweconomywatchcomcompaniesforbes-listfinlandhtml
Brazil FinlandName of the company and Industry Type
Finland 1 billionaire per 5000000 persons
Brazil 30 billionaires per 200000000 personshellip
ldquoshould haverdquo at least 40 o)
2
ndash Vision
31(c) CCO Consulting Helsinki 260411
The largest banks in Brazil by total assets criteriaThe largest banks in Brazil by total assets criteria
For the For the completecomplete file click herefile click here
2
ndash Vision
32(c) CCO Consulting Helsinki 260411
Brazil NOW Brazil IN THE FUTURE
Brazilacutes Demographic Bonus started in 1999 and it will end in 2034
Demographic window is defined to be that period of time in a nations demographic evolution when the proportion of population of working age group is particularly prominenthellip But this so called demographic bonus (or demographic dividend) remains only a potential advantage as low participation rates (for instance among women) or rampant unemployment may limit the impact of favorable age structures
More at httpenwikipediaorgwikiDemographic_window
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
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RECRUITERS
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MBA-DirectcomFT Newspaper subscriptionsFT DiariesFT ConferencesFT Syndication servicesThe Non-Executive Director
Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
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Jobs
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
RECRUITERS
FT Lexicon
FT Bespoke Forums
Market research
Growth companies
Corporate subscriptions
Luxury Travel brochures
Analyst Research
MBA-Directcom
FT Newspaper subscriptions
FT Diaries
FT Conferences
FT Syndication services
The Non-Executive Director
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
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More
LATEST HEADLINES FROM CNN
Erdogan speaks of brotherhood at rally
US demands answers in death of Iranian dissident
Virginity tests and the abuse of Egypts women
Many questions remain in Pakistani journalists death
Hopes fade for peaceful Arab transition to democracy
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Consulting Associates (Client Acquisition)
Consulting Associates (Project Management)
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around the world
Post a job now
RELATED SERVICES
Jobs
LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
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Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
To comment you must sign in or register
Sign in Register
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US hits firms working with IranVolcanic ash cloud to close Berlin airportsSuicide bomber attacks Pakistan policeJordan Interim council represents LibyansChina keeps mum on N Korean leaders visit
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Internal Control Manager - MediaMedia Entertainment Advertising
Chief of Staff
Financial Services
FTcom can deliver talented individuals across all industriesaround the worldPost a job now
Jobs
EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
SEARCH
RECRUITERS
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
US hits firms working with Iran
Netanyahu lays out peace terms
Children join desperate flight from Syria
NATO chopper crashes in Afghanistan
Mubarak faces charges for corruption deaths
More
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Consulting Associates (Client Acquisition)
FTcom can deliver talented individuals across all industries
around the world
Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
1 ndash Thank You2 ndash Vision3 ndash The Brazil Finland Day4 ndash Next Steps5 ‐ Additional
3(c) CCO Consulting Helsinki 260411
1
ndash
Thank
YouKiitos
Obrigado
4(c) CCO Consulting Helsinki 260411
To ones
who
were
present
and the ones
that
could
not
be
present
and encouraged
the Brazil
Finland Day
The size
of the pictures
reflects
my
ignorance
on
design and NOT the importance
of my
deep
appreciation
for each
person
ldquoFallor
ergo sumrdquo
2
ndash Vision
5(c) CCO Consulting Helsinki 260411
How does CCO ConsultingCCO Consulting add value
I I -- CCO ConsultingCCO Consulting advises companies on getting finance through debt andor equity
II II -- CCO ConsultingCCO Consulting advises companies on getting finance through clients by for example IMPROVINGINNOVATING their INTERNATIONALIZATION areas (including MARKETINGSALES)
III III -- CCO ConsultingCCO Consulting through II and II II contributes to competencies development
IV IV -- CCO ConsultingCCO Consulting had been centered on Nordic Countries ANDAND Portuguese Speaking Communities
2
ndash Vision
6(c) CCO Consulting Helsinki 260411
Who does CCO ConsultingCCO Consulting support
By helping Portuguese companies to reinforce their international presence
Next page has got the companies associated with CCO ConsultingCCO Consulting in this initiative
OrsquoNEILL E SANTOS -
CONSULTORES AUTOacuteNOMOS LDA
N ConsuQMConsulting
Hugo OrsquoNeillConsultor Autoacutenomo
Investment Management Certificate (UK Society of Investment Professionals)
Poacutes-graduaccedilatildeo - PADE (Programa de Alta Direcccedilatildeo de Empresa)
Joatildeo Cantiga EstevesProfessor
Universitaacuterio e Senior Partner e
presidente da Ephi- ciecircncia financeira
MBA in International Finance
Ana Alberto Santos
Consultora Autoacutenoma
Revisora Oficial de Contas desde
1995
Poacutes-graduaccedilatildeo em Estudos Europeus
Nuno Quaresma
MartinsConsultor de
Gestatildeo
Poacutes-graduaccedilatildeo em Financcedilas e
Controlo Empresariais
Marco CardosoConsultor
MBA ndash BI Norwegian School of Management
INTERNEURSRua Satildeo Domingos de Benfica 33 RC Dto1500-556 Lisboa - Portugal
wwwinterneurseu
2
ndash Vision
8(c) CCO Consulting Helsinki 260411
Who does CCO ConsultingCCO Consulting support
By helping companies to excel with media so we developed the ldquoMedia Training Prordquo
Focus Portugal North African Countries Cabo Verde Mozambique and Poland
Will be a foundation one day On the meantime we dedicate to organize ldquowisingsrdquo (please visit the website) The next WISING will be in Kotka
WWW means
Work for a Wiser World
2
ndash
Vision
9(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallengeWorld is
shifting
from being
Atlantic‐Indian
Centric
to become
Pacific‐
Indian
CentricI strongly
believe
that
LinkingLinking
NordicNordic
CommunitiesCommunities
amp Portuguese amp Portuguese SpeakingSpeaking CommunitiesCommunities
CAN MAKE A POSITIVEPOSITIVE
DIFFERENCE for a better
WORLDPlease lets
make
the effort
togethertogetherhellip
alone
or
independently
is
BORING
20102011
2
ndash Vision
10(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
(NC) amp Portuguese Speaking
Communities
(PSC)
Through
Nordic
Communities Portuguese
Speaking
Communities
can
access
to BRIC called
Through
Portuguese
Speaking
Communities
Nordic
Communities
can
access
to BRIC called
2
ndash Vision
11(c) CCO Consulting Helsinki 260411
Some Relevant DetailsNordic
CommunitiesPortuguese Speaking
Communities
Geography Continuity
Stimulates ldquostandardizationrdquo ldquosisurdquo
Discontinuity
Stimulates
ldquorandomnessrdquo ldquodesenrascarrdquo vaguely related with ldquoto
improviserdquo
Environment HardStimulates
ldquoNo sympathy for failuresrdquo
MildStimulates
ldquoThere is always a second chancehellip
even after the Nth
opportunityhelliprdquo
StateNation First they focus on nation buildinghellip
then the statehellip
Stimulates
ldquoThinking before Actionsrdquo
First they focus creating the statehellip
then the nationhellip
Stimulates
ldquoTalking and Making Lawsrdquo
2
ndash Vision
12(c) CCO Consulting Helsinki 260411
Are we aware of realities such as for example the one of the next slide or do we think that is a problem for OTHERS to solve and we keep on doing ldquobusiness as usualrdquo
2
ndash Vision
13(c) CCO Consulting Helsinki 260411
httpwwwles-crisesfrprix-alimentaires
2
ndash Vision
14(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Power Distance Index (PDI) that is the extent to which the less powerful members of organizations and institutions (like the family) accept and expect that power is distributed unequally This represents inequality (more versus less) but defined from below not from above It suggests that a societys level of inequality is endorsed by the followers as much as by the leaders Power and inequality of course are extremely fundamental facts of any society and anybody with some international experience will be aware that all societies are unequal but some are more unequal than others Individualism (IDV) on the one side versus its opposite collectivism that is the degree to which individuals are inte-grated into groups On the individualist side we find societies in which the ties between individuals are loose everyone is expected to look after himherself and hisher immediate family On the collectivist side we find societies in which people from birth onwards are integrated into strong cohesive in- groups often extended families (with uncles aunts and grandparents) which continue protecting them in exchange for unquestioning loyalty The word collectivism in this sense has no political meaning it refers to the group not to the state Again the issue addressed by this dimension is an extremely fundamental one regarding all societies in the world
2
ndash Vision
15(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Masculinity (MAS) versus its opposite femininity refers to the distribution of roles between the genders which is another fundamental issue for any society to which a range of solutions are found The IBM studies revealed that (a) womens values differ less among societies than mens values (b) mens values from one country to another contain a dimension from very assertive and competitive and maximally different from womens values on the one side to modest and caring and similar to womens values on the other The assertive pole has been called masculine and the modest caring pole feminine The women in feminine countries have the same modest caring values as the men in the masculine countries they are somewhat assertive and competitive but not as much as the men so that these countries show a gap between mens values and womens values
2
ndash Vision
16(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Uncertainty Avoidance Index (UAI) deals with a societys tolerance for uncertainty and ambiguity it ultimately refers to mans search for Truth It indicates to what extent a culture programs its members to feel either uncomfortable or comfortable in unstructured situations Unstructured situations are novel unknown surprising different from usual Uncertainty avoiding cultures try to minimize the possibility of such situations by strict laws and rules safety and security measures and on the philosophical and religious level by a belief in absolute Truth there can only be one Truth and we have it People in uncertainty avoiding countries are also more emotional and motivated by inner nervous energy The opposite type uncertainty accepting cultures are more tolerant of opinions different from what they are used to they try to have as few rules as possible and on the philosophical and religious level they are relativist and allow many currents to flow side by side People within these cultures are more phlegmatic and contemplative and not expected by their environment to express emotions
2
ndash Vision
17(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Long-Term Orientation (LTO) versus short-term orientation this fifth dimension was found in a study among students in 23 countries around the world using a questionnaire designed by Chinese scholars It can be said to deal with Virtue regardless of Truth Values associated with Long Term Orientation are thrift and perseverance values associated with Short Term Orientation are respect for tradition fulfilling social obligations and protecting ones face Both the positively and the negatively rated values of this dimension are found in the teachings of Confucius the most influential Chinese philosopher who lived around 500 BC however the dimension also applies to countries without a Confucian heritage
2
ndash Vision
18(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
2
ndash Vision
19(c) CCO Consulting Helsinki 260411
In case you are not familiar with Geert Hofstede workhellip make sure you do not die with that ignorancehellip why not start NOW
2
ndash Vision
20(c) CCO Consulting Helsinki 260411
How Finland (through Penedo) got involved with rising awareness of Fernando Pessoahellip
2
ndash Vision
21(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallengeLinking
Nordic
Communities
(NC) amp Portuguese Speaking
Communities
(PSC)
PSC = 6th in
world
today 4th in
2050
Facts
PSC = Largest
in
the south
hemisphere
NC = Population
of Mozambique
= Territory
of Angola = 70 GDP of Brazil
Finland amp Brazil = Dignity
of Women
What
Unites
Finland amp Brazil = Cultural RichnessFinland amp Brazil = Environment
Awareness
Finland rarr Brazil = Population
Optimization
Sources
o Mutual Learning
Brazil rarr Finland = TEAMNEURSHIP (entrepreneur
amp intrapreneur)
Finland rarr Brazil = Resource
Use Solutions
Brazil rarr Finland = HUGE MARKETFinland rarr Brazil = On
competition
and cooperation
Brazil rarr Finland = HUGE RELIABLE SUPPLIER
2
ndash Vision
22(c) CCO Consulting Helsinki 260411
Snapshots about Brazil
Fast Forward
2
ndash Vision
23(c) CCO Consulting Helsinki 260411
GDP GDP ComparingAbsolute Population per capita with Portugal
Sweden 444600000000 9059651 49075 235Finland 232000000000 5250275 44188 212Norway 413500000000 4660539 88724 425Iceland 12770000000 306694 41638 199Denmark 305600000000 5500510 55558 266Portugal 223700000000 10707924 20891 100
Nordic Countries 1408470000000 56844Nordic Countries GDP 696 as of Brazil GDP 2024000000000Nordic Countries Population 24777669 Brazil Population 203429773 Brazil GDP pc 9949Nordic Countries GDP is 5713 of the Brazil GDP pcGDP of Portugal with the average GDP of Nordic CountriesPortuguese anual GDP Waste
Source httpenwikipediaorgwikiList_of_countries_by_GDP_28nominal29 030511 GDPhttpswwwciagovlibrarypublicationsthe-world-factbookgeosbrhtml 030511 Population
608684768381384984768381
USD 2010
2
ndash Vision
24(c) CCO Consulting Helsinki 260411
Have Fun with Samba
Be Careful with Security
2
ndash Vision
25(c) CCO Consulting Helsinki 260411
Average Growth Rates of Brazil
1998-2002 17
2003-2008 42
2009-2014 45 (expected of course)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
26(c) CCO Consulting Helsinki 260411
UNCTAD survey 2010-2012 shows Brazil being the THIRD country to be the priority for investment (FDI) from Multinational Companies
First
Second
Fourth
Fifth
So BRICs on the TOP of course
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
27(c) CCO Consulting Helsinki 260411
Brazil a economy with low credit as percentage of GDP
Source Eduardo Giannetti (Insper-SP)
A+B C D+E Total2003 13 66 96 1752009 20 95 73 1882014 31 113 56 200
millions of persons
A+B C D+E2003 7 38 552009 11 51 392014 16 57 28
Brazil MiracleSource Eduardo Giannetti (Insper-SP)
Class
Class
Source Eduardo Giannetti (Insper-SP)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
30(c) CCO Consulting Helsinki 260411
Complementing the two economies the largest companies
1 Petrobras-Petroacuteleo Brasil Oil amp gas operations Nokia Technology hardware amp equipment2 Banco do Brasil Banking Sampo Insurance3 Banco Bradesco Banking Fortum Oil amp gas operations4 Vale do Rio Doce Materials UPM-Kymmene Materials5 Itauacute Banking Stora Enso Materials6 Unibanco Group Banking Neste Oil Oil amp gas operations7 Eletrobraacutes Utilities OKO Bank Banking8 Usiminas Materials Rautaruukki Materials9 CSN-Cia Siderurgica Materials Metso Capital goods
10 Tele Norte Leste Telecommunications services Kesko Group Food markets11 Metalurgica Gerdau Materials Outokumpu Materials12 Embraer Aerospace amp defense M-real Materials13 Cemig Utilities Kone Construction14 Braskem Chemicals SanomaWSOY Media15 Brasil Telecom Telecommunications services Alma Media Media16 Aracruz Celulose Materials17 CBD-Brasil Distribuiccedilatildeo Food markets18 Ipiranga Oil amp gas operations19 CPFL Energia Utilities
Source httpwwweconomywatchcomcompaniesforbes-listbrazilhtmlhttpwwweconomywatchcomcompaniesforbes-listfinlandhtml
Brazil FinlandName of the company and Industry Type
Finland 1 billionaire per 5000000 persons
Brazil 30 billionaires per 200000000 personshellip
ldquoshould haverdquo at least 40 o)
2
ndash Vision
31(c) CCO Consulting Helsinki 260411
The largest banks in Brazil by total assets criteriaThe largest banks in Brazil by total assets criteria
For the For the completecomplete file click herefile click here
2
ndash Vision
32(c) CCO Consulting Helsinki 260411
Brazil NOW Brazil IN THE FUTURE
Brazilacutes Demographic Bonus started in 1999 and it will end in 2034
Demographic window is defined to be that period of time in a nations demographic evolution when the proportion of population of working age group is particularly prominenthellip But this so called demographic bonus (or demographic dividend) remains only a potential advantage as low participation rates (for instance among women) or rampant unemployment may limit the impact of favorable age structures
More at httpenwikipediaorgwikiDemographic_window
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
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FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
RECRUITERS
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RELATED SERVICES
Jobs
LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
To comment you must sign in or register
Sign in Register
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RECRUITERS
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Save over 70 on an FT subscription Plus get FREEdelivery to your home of office
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LATEST HEADLINES FROM CNN
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Jobs
EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
SEARCH
RECRUITERS
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
US hits firms working with Iran
Netanyahu lays out peace terms
Children join desperate flight from Syria
NATO chopper crashes in Afghanistan
Mubarak faces charges for corruption deaths
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Consulting Associates (Client Acquisition)
FTcom can deliver talented individuals across all industries
around the world
Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
1
ndash
Thank
YouKiitos
Obrigado
4(c) CCO Consulting Helsinki 260411
To ones
who
were
present
and the ones
that
could
not
be
present
and encouraged
the Brazil
Finland Day
The size
of the pictures
reflects
my
ignorance
on
design and NOT the importance
of my
deep
appreciation
for each
person
ldquoFallor
ergo sumrdquo
2
ndash Vision
5(c) CCO Consulting Helsinki 260411
How does CCO ConsultingCCO Consulting add value
I I -- CCO ConsultingCCO Consulting advises companies on getting finance through debt andor equity
II II -- CCO ConsultingCCO Consulting advises companies on getting finance through clients by for example IMPROVINGINNOVATING their INTERNATIONALIZATION areas (including MARKETINGSALES)
III III -- CCO ConsultingCCO Consulting through II and II II contributes to competencies development
IV IV -- CCO ConsultingCCO Consulting had been centered on Nordic Countries ANDAND Portuguese Speaking Communities
2
ndash Vision
6(c) CCO Consulting Helsinki 260411
Who does CCO ConsultingCCO Consulting support
By helping Portuguese companies to reinforce their international presence
Next page has got the companies associated with CCO ConsultingCCO Consulting in this initiative
OrsquoNEILL E SANTOS -
CONSULTORES AUTOacuteNOMOS LDA
N ConsuQMConsulting
Hugo OrsquoNeillConsultor Autoacutenomo
Investment Management Certificate (UK Society of Investment Professionals)
Poacutes-graduaccedilatildeo - PADE (Programa de Alta Direcccedilatildeo de Empresa)
Joatildeo Cantiga EstevesProfessor
Universitaacuterio e Senior Partner e
presidente da Ephi- ciecircncia financeira
MBA in International Finance
Ana Alberto Santos
Consultora Autoacutenoma
Revisora Oficial de Contas desde
1995
Poacutes-graduaccedilatildeo em Estudos Europeus
Nuno Quaresma
MartinsConsultor de
Gestatildeo
Poacutes-graduaccedilatildeo em Financcedilas e
Controlo Empresariais
Marco CardosoConsultor
MBA ndash BI Norwegian School of Management
INTERNEURSRua Satildeo Domingos de Benfica 33 RC Dto1500-556 Lisboa - Portugal
wwwinterneurseu
2
ndash Vision
8(c) CCO Consulting Helsinki 260411
Who does CCO ConsultingCCO Consulting support
By helping companies to excel with media so we developed the ldquoMedia Training Prordquo
Focus Portugal North African Countries Cabo Verde Mozambique and Poland
Will be a foundation one day On the meantime we dedicate to organize ldquowisingsrdquo (please visit the website) The next WISING will be in Kotka
WWW means
Work for a Wiser World
2
ndash
Vision
9(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallengeWorld is
shifting
from being
Atlantic‐Indian
Centric
to become
Pacific‐
Indian
CentricI strongly
believe
that
LinkingLinking
NordicNordic
CommunitiesCommunities
amp Portuguese amp Portuguese SpeakingSpeaking CommunitiesCommunities
CAN MAKE A POSITIVEPOSITIVE
DIFFERENCE for a better
WORLDPlease lets
make
the effort
togethertogetherhellip
alone
or
independently
is
BORING
20102011
2
ndash Vision
10(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
(NC) amp Portuguese Speaking
Communities
(PSC)
Through
Nordic
Communities Portuguese
Speaking
Communities
can
access
to BRIC called
Through
Portuguese
Speaking
Communities
Nordic
Communities
can
access
to BRIC called
2
ndash Vision
11(c) CCO Consulting Helsinki 260411
Some Relevant DetailsNordic
CommunitiesPortuguese Speaking
Communities
Geography Continuity
Stimulates ldquostandardizationrdquo ldquosisurdquo
Discontinuity
Stimulates
ldquorandomnessrdquo ldquodesenrascarrdquo vaguely related with ldquoto
improviserdquo
Environment HardStimulates
ldquoNo sympathy for failuresrdquo
MildStimulates
ldquoThere is always a second chancehellip
even after the Nth
opportunityhelliprdquo
StateNation First they focus on nation buildinghellip
then the statehellip
Stimulates
ldquoThinking before Actionsrdquo
First they focus creating the statehellip
then the nationhellip
Stimulates
ldquoTalking and Making Lawsrdquo
2
ndash Vision
12(c) CCO Consulting Helsinki 260411
Are we aware of realities such as for example the one of the next slide or do we think that is a problem for OTHERS to solve and we keep on doing ldquobusiness as usualrdquo
2
ndash Vision
13(c) CCO Consulting Helsinki 260411
httpwwwles-crisesfrprix-alimentaires
2
ndash Vision
14(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Power Distance Index (PDI) that is the extent to which the less powerful members of organizations and institutions (like the family) accept and expect that power is distributed unequally This represents inequality (more versus less) but defined from below not from above It suggests that a societys level of inequality is endorsed by the followers as much as by the leaders Power and inequality of course are extremely fundamental facts of any society and anybody with some international experience will be aware that all societies are unequal but some are more unequal than others Individualism (IDV) on the one side versus its opposite collectivism that is the degree to which individuals are inte-grated into groups On the individualist side we find societies in which the ties between individuals are loose everyone is expected to look after himherself and hisher immediate family On the collectivist side we find societies in which people from birth onwards are integrated into strong cohesive in- groups often extended families (with uncles aunts and grandparents) which continue protecting them in exchange for unquestioning loyalty The word collectivism in this sense has no political meaning it refers to the group not to the state Again the issue addressed by this dimension is an extremely fundamental one regarding all societies in the world
2
ndash Vision
15(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Masculinity (MAS) versus its opposite femininity refers to the distribution of roles between the genders which is another fundamental issue for any society to which a range of solutions are found The IBM studies revealed that (a) womens values differ less among societies than mens values (b) mens values from one country to another contain a dimension from very assertive and competitive and maximally different from womens values on the one side to modest and caring and similar to womens values on the other The assertive pole has been called masculine and the modest caring pole feminine The women in feminine countries have the same modest caring values as the men in the masculine countries they are somewhat assertive and competitive but not as much as the men so that these countries show a gap between mens values and womens values
2
ndash Vision
16(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Uncertainty Avoidance Index (UAI) deals with a societys tolerance for uncertainty and ambiguity it ultimately refers to mans search for Truth It indicates to what extent a culture programs its members to feel either uncomfortable or comfortable in unstructured situations Unstructured situations are novel unknown surprising different from usual Uncertainty avoiding cultures try to minimize the possibility of such situations by strict laws and rules safety and security measures and on the philosophical and religious level by a belief in absolute Truth there can only be one Truth and we have it People in uncertainty avoiding countries are also more emotional and motivated by inner nervous energy The opposite type uncertainty accepting cultures are more tolerant of opinions different from what they are used to they try to have as few rules as possible and on the philosophical and religious level they are relativist and allow many currents to flow side by side People within these cultures are more phlegmatic and contemplative and not expected by their environment to express emotions
2
ndash Vision
17(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Long-Term Orientation (LTO) versus short-term orientation this fifth dimension was found in a study among students in 23 countries around the world using a questionnaire designed by Chinese scholars It can be said to deal with Virtue regardless of Truth Values associated with Long Term Orientation are thrift and perseverance values associated with Short Term Orientation are respect for tradition fulfilling social obligations and protecting ones face Both the positively and the negatively rated values of this dimension are found in the teachings of Confucius the most influential Chinese philosopher who lived around 500 BC however the dimension also applies to countries without a Confucian heritage
2
ndash Vision
18(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
2
ndash Vision
19(c) CCO Consulting Helsinki 260411
In case you are not familiar with Geert Hofstede workhellip make sure you do not die with that ignorancehellip why not start NOW
2
ndash Vision
20(c) CCO Consulting Helsinki 260411
How Finland (through Penedo) got involved with rising awareness of Fernando Pessoahellip
2
ndash Vision
21(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallengeLinking
Nordic
Communities
(NC) amp Portuguese Speaking
Communities
(PSC)
PSC = 6th in
world
today 4th in
2050
Facts
PSC = Largest
in
the south
hemisphere
NC = Population
of Mozambique
= Territory
of Angola = 70 GDP of Brazil
Finland amp Brazil = Dignity
of Women
What
Unites
Finland amp Brazil = Cultural RichnessFinland amp Brazil = Environment
Awareness
Finland rarr Brazil = Population
Optimization
Sources
o Mutual Learning
Brazil rarr Finland = TEAMNEURSHIP (entrepreneur
amp intrapreneur)
Finland rarr Brazil = Resource
Use Solutions
Brazil rarr Finland = HUGE MARKETFinland rarr Brazil = On
competition
and cooperation
Brazil rarr Finland = HUGE RELIABLE SUPPLIER
2
ndash Vision
22(c) CCO Consulting Helsinki 260411
Snapshots about Brazil
Fast Forward
2
ndash Vision
23(c) CCO Consulting Helsinki 260411
GDP GDP ComparingAbsolute Population per capita with Portugal
Sweden 444600000000 9059651 49075 235Finland 232000000000 5250275 44188 212Norway 413500000000 4660539 88724 425Iceland 12770000000 306694 41638 199Denmark 305600000000 5500510 55558 266Portugal 223700000000 10707924 20891 100
Nordic Countries 1408470000000 56844Nordic Countries GDP 696 as of Brazil GDP 2024000000000Nordic Countries Population 24777669 Brazil Population 203429773 Brazil GDP pc 9949Nordic Countries GDP is 5713 of the Brazil GDP pcGDP of Portugal with the average GDP of Nordic CountriesPortuguese anual GDP Waste
Source httpenwikipediaorgwikiList_of_countries_by_GDP_28nominal29 030511 GDPhttpswwwciagovlibrarypublicationsthe-world-factbookgeosbrhtml 030511 Population
608684768381384984768381
USD 2010
2
ndash Vision
24(c) CCO Consulting Helsinki 260411
Have Fun with Samba
Be Careful with Security
2
ndash Vision
25(c) CCO Consulting Helsinki 260411
Average Growth Rates of Brazil
1998-2002 17
2003-2008 42
2009-2014 45 (expected of course)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
26(c) CCO Consulting Helsinki 260411
UNCTAD survey 2010-2012 shows Brazil being the THIRD country to be the priority for investment (FDI) from Multinational Companies
First
Second
Fourth
Fifth
So BRICs on the TOP of course
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
27(c) CCO Consulting Helsinki 260411
Brazil a economy with low credit as percentage of GDP
Source Eduardo Giannetti (Insper-SP)
A+B C D+E Total2003 13 66 96 1752009 20 95 73 1882014 31 113 56 200
millions of persons
A+B C D+E2003 7 38 552009 11 51 392014 16 57 28
Brazil MiracleSource Eduardo Giannetti (Insper-SP)
Class
Class
Source Eduardo Giannetti (Insper-SP)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
30(c) CCO Consulting Helsinki 260411
Complementing the two economies the largest companies
1 Petrobras-Petroacuteleo Brasil Oil amp gas operations Nokia Technology hardware amp equipment2 Banco do Brasil Banking Sampo Insurance3 Banco Bradesco Banking Fortum Oil amp gas operations4 Vale do Rio Doce Materials UPM-Kymmene Materials5 Itauacute Banking Stora Enso Materials6 Unibanco Group Banking Neste Oil Oil amp gas operations7 Eletrobraacutes Utilities OKO Bank Banking8 Usiminas Materials Rautaruukki Materials9 CSN-Cia Siderurgica Materials Metso Capital goods
10 Tele Norte Leste Telecommunications services Kesko Group Food markets11 Metalurgica Gerdau Materials Outokumpu Materials12 Embraer Aerospace amp defense M-real Materials13 Cemig Utilities Kone Construction14 Braskem Chemicals SanomaWSOY Media15 Brasil Telecom Telecommunications services Alma Media Media16 Aracruz Celulose Materials17 CBD-Brasil Distribuiccedilatildeo Food markets18 Ipiranga Oil amp gas operations19 CPFL Energia Utilities
Source httpwwweconomywatchcomcompaniesforbes-listbrazilhtmlhttpwwweconomywatchcomcompaniesforbes-listfinlandhtml
Brazil FinlandName of the company and Industry Type
Finland 1 billionaire per 5000000 persons
Brazil 30 billionaires per 200000000 personshellip
ldquoshould haverdquo at least 40 o)
2
ndash Vision
31(c) CCO Consulting Helsinki 260411
The largest banks in Brazil by total assets criteriaThe largest banks in Brazil by total assets criteria
For the For the completecomplete file click herefile click here
2
ndash Vision
32(c) CCO Consulting Helsinki 260411
Brazil NOW Brazil IN THE FUTURE
Brazilacutes Demographic Bonus started in 1999 and it will end in 2034
Demographic window is defined to be that period of time in a nations demographic evolution when the proportion of population of working age group is particularly prominenthellip But this so called demographic bonus (or demographic dividend) remains only a potential advantage as low participation rates (for instance among women) or rampant unemployment may limit the impact of favorable age structures
More at httpenwikipediaorgwikiDemographic_window
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
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MBA-DirectcomFT Newspaper subscriptionsFT DiariesFT ConferencesFT Syndication servicesThe Non-Executive Director
Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
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FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
RECRUITERS
FT Lexicon
FT Bespoke Forums
Market research
Growth companies
Corporate subscriptions
Luxury Travel brochures
Analyst Research
MBA-Directcom
FT Newspaper subscriptions
FT Diaries
FT Conferences
FT Syndication services
The Non-Executive Director
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Save over 70 on an FT subscription Plus get FREE
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LATEST HEADLINES FROM CNN
Erdogan speaks of brotherhood at rally
US demands answers in death of Iranian dissident
Virginity tests and the abuse of Egypts women
Many questions remain in Pakistani journalists death
Hopes fade for peaceful Arab transition to democracy
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RELATED SERVICES
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LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
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Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
To comment you must sign in or register
Sign in Register
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Internal Control Manager - MediaMedia Entertainment Advertising
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Jobs
EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
SEARCH
RECRUITERS
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
US hits firms working with Iran
Netanyahu lays out peace terms
Children join desperate flight from Syria
NATO chopper crashes in Afghanistan
Mubarak faces charges for corruption deaths
More
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Consulting Associates (Client Acquisition)
FTcom can deliver talented individuals across all industries
around the world
Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
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- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
2
ndash Vision
5(c) CCO Consulting Helsinki 260411
How does CCO ConsultingCCO Consulting add value
I I -- CCO ConsultingCCO Consulting advises companies on getting finance through debt andor equity
II II -- CCO ConsultingCCO Consulting advises companies on getting finance through clients by for example IMPROVINGINNOVATING their INTERNATIONALIZATION areas (including MARKETINGSALES)
III III -- CCO ConsultingCCO Consulting through II and II II contributes to competencies development
IV IV -- CCO ConsultingCCO Consulting had been centered on Nordic Countries ANDAND Portuguese Speaking Communities
2
ndash Vision
6(c) CCO Consulting Helsinki 260411
Who does CCO ConsultingCCO Consulting support
By helping Portuguese companies to reinforce their international presence
Next page has got the companies associated with CCO ConsultingCCO Consulting in this initiative
OrsquoNEILL E SANTOS -
CONSULTORES AUTOacuteNOMOS LDA
N ConsuQMConsulting
Hugo OrsquoNeillConsultor Autoacutenomo
Investment Management Certificate (UK Society of Investment Professionals)
Poacutes-graduaccedilatildeo - PADE (Programa de Alta Direcccedilatildeo de Empresa)
Joatildeo Cantiga EstevesProfessor
Universitaacuterio e Senior Partner e
presidente da Ephi- ciecircncia financeira
MBA in International Finance
Ana Alberto Santos
Consultora Autoacutenoma
Revisora Oficial de Contas desde
1995
Poacutes-graduaccedilatildeo em Estudos Europeus
Nuno Quaresma
MartinsConsultor de
Gestatildeo
Poacutes-graduaccedilatildeo em Financcedilas e
Controlo Empresariais
Marco CardosoConsultor
MBA ndash BI Norwegian School of Management
INTERNEURSRua Satildeo Domingos de Benfica 33 RC Dto1500-556 Lisboa - Portugal
wwwinterneurseu
2
ndash Vision
8(c) CCO Consulting Helsinki 260411
Who does CCO ConsultingCCO Consulting support
By helping companies to excel with media so we developed the ldquoMedia Training Prordquo
Focus Portugal North African Countries Cabo Verde Mozambique and Poland
Will be a foundation one day On the meantime we dedicate to organize ldquowisingsrdquo (please visit the website) The next WISING will be in Kotka
WWW means
Work for a Wiser World
2
ndash
Vision
9(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallengeWorld is
shifting
from being
Atlantic‐Indian
Centric
to become
Pacific‐
Indian
CentricI strongly
believe
that
LinkingLinking
NordicNordic
CommunitiesCommunities
amp Portuguese amp Portuguese SpeakingSpeaking CommunitiesCommunities
CAN MAKE A POSITIVEPOSITIVE
DIFFERENCE for a better
WORLDPlease lets
make
the effort
togethertogetherhellip
alone
or
independently
is
BORING
20102011
2
ndash Vision
10(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
(NC) amp Portuguese Speaking
Communities
(PSC)
Through
Nordic
Communities Portuguese
Speaking
Communities
can
access
to BRIC called
Through
Portuguese
Speaking
Communities
Nordic
Communities
can
access
to BRIC called
2
ndash Vision
11(c) CCO Consulting Helsinki 260411
Some Relevant DetailsNordic
CommunitiesPortuguese Speaking
Communities
Geography Continuity
Stimulates ldquostandardizationrdquo ldquosisurdquo
Discontinuity
Stimulates
ldquorandomnessrdquo ldquodesenrascarrdquo vaguely related with ldquoto
improviserdquo
Environment HardStimulates
ldquoNo sympathy for failuresrdquo
MildStimulates
ldquoThere is always a second chancehellip
even after the Nth
opportunityhelliprdquo
StateNation First they focus on nation buildinghellip
then the statehellip
Stimulates
ldquoThinking before Actionsrdquo
First they focus creating the statehellip
then the nationhellip
Stimulates
ldquoTalking and Making Lawsrdquo
2
ndash Vision
12(c) CCO Consulting Helsinki 260411
Are we aware of realities such as for example the one of the next slide or do we think that is a problem for OTHERS to solve and we keep on doing ldquobusiness as usualrdquo
2
ndash Vision
13(c) CCO Consulting Helsinki 260411
httpwwwles-crisesfrprix-alimentaires
2
ndash Vision
14(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Power Distance Index (PDI) that is the extent to which the less powerful members of organizations and institutions (like the family) accept and expect that power is distributed unequally This represents inequality (more versus less) but defined from below not from above It suggests that a societys level of inequality is endorsed by the followers as much as by the leaders Power and inequality of course are extremely fundamental facts of any society and anybody with some international experience will be aware that all societies are unequal but some are more unequal than others Individualism (IDV) on the one side versus its opposite collectivism that is the degree to which individuals are inte-grated into groups On the individualist side we find societies in which the ties between individuals are loose everyone is expected to look after himherself and hisher immediate family On the collectivist side we find societies in which people from birth onwards are integrated into strong cohesive in- groups often extended families (with uncles aunts and grandparents) which continue protecting them in exchange for unquestioning loyalty The word collectivism in this sense has no political meaning it refers to the group not to the state Again the issue addressed by this dimension is an extremely fundamental one regarding all societies in the world
2
ndash Vision
15(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Masculinity (MAS) versus its opposite femininity refers to the distribution of roles between the genders which is another fundamental issue for any society to which a range of solutions are found The IBM studies revealed that (a) womens values differ less among societies than mens values (b) mens values from one country to another contain a dimension from very assertive and competitive and maximally different from womens values on the one side to modest and caring and similar to womens values on the other The assertive pole has been called masculine and the modest caring pole feminine The women in feminine countries have the same modest caring values as the men in the masculine countries they are somewhat assertive and competitive but not as much as the men so that these countries show a gap between mens values and womens values
2
ndash Vision
16(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Uncertainty Avoidance Index (UAI) deals with a societys tolerance for uncertainty and ambiguity it ultimately refers to mans search for Truth It indicates to what extent a culture programs its members to feel either uncomfortable or comfortable in unstructured situations Unstructured situations are novel unknown surprising different from usual Uncertainty avoiding cultures try to minimize the possibility of such situations by strict laws and rules safety and security measures and on the philosophical and religious level by a belief in absolute Truth there can only be one Truth and we have it People in uncertainty avoiding countries are also more emotional and motivated by inner nervous energy The opposite type uncertainty accepting cultures are more tolerant of opinions different from what they are used to they try to have as few rules as possible and on the philosophical and religious level they are relativist and allow many currents to flow side by side People within these cultures are more phlegmatic and contemplative and not expected by their environment to express emotions
2
ndash Vision
17(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Long-Term Orientation (LTO) versus short-term orientation this fifth dimension was found in a study among students in 23 countries around the world using a questionnaire designed by Chinese scholars It can be said to deal with Virtue regardless of Truth Values associated with Long Term Orientation are thrift and perseverance values associated with Short Term Orientation are respect for tradition fulfilling social obligations and protecting ones face Both the positively and the negatively rated values of this dimension are found in the teachings of Confucius the most influential Chinese philosopher who lived around 500 BC however the dimension also applies to countries without a Confucian heritage
2
ndash Vision
18(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
2
ndash Vision
19(c) CCO Consulting Helsinki 260411
In case you are not familiar with Geert Hofstede workhellip make sure you do not die with that ignorancehellip why not start NOW
2
ndash Vision
20(c) CCO Consulting Helsinki 260411
How Finland (through Penedo) got involved with rising awareness of Fernando Pessoahellip
2
ndash Vision
21(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallengeLinking
Nordic
Communities
(NC) amp Portuguese Speaking
Communities
(PSC)
PSC = 6th in
world
today 4th in
2050
Facts
PSC = Largest
in
the south
hemisphere
NC = Population
of Mozambique
= Territory
of Angola = 70 GDP of Brazil
Finland amp Brazil = Dignity
of Women
What
Unites
Finland amp Brazil = Cultural RichnessFinland amp Brazil = Environment
Awareness
Finland rarr Brazil = Population
Optimization
Sources
o Mutual Learning
Brazil rarr Finland = TEAMNEURSHIP (entrepreneur
amp intrapreneur)
Finland rarr Brazil = Resource
Use Solutions
Brazil rarr Finland = HUGE MARKETFinland rarr Brazil = On
competition
and cooperation
Brazil rarr Finland = HUGE RELIABLE SUPPLIER
2
ndash Vision
22(c) CCO Consulting Helsinki 260411
Snapshots about Brazil
Fast Forward
2
ndash Vision
23(c) CCO Consulting Helsinki 260411
GDP GDP ComparingAbsolute Population per capita with Portugal
Sweden 444600000000 9059651 49075 235Finland 232000000000 5250275 44188 212Norway 413500000000 4660539 88724 425Iceland 12770000000 306694 41638 199Denmark 305600000000 5500510 55558 266Portugal 223700000000 10707924 20891 100
Nordic Countries 1408470000000 56844Nordic Countries GDP 696 as of Brazil GDP 2024000000000Nordic Countries Population 24777669 Brazil Population 203429773 Brazil GDP pc 9949Nordic Countries GDP is 5713 of the Brazil GDP pcGDP of Portugal with the average GDP of Nordic CountriesPortuguese anual GDP Waste
Source httpenwikipediaorgwikiList_of_countries_by_GDP_28nominal29 030511 GDPhttpswwwciagovlibrarypublicationsthe-world-factbookgeosbrhtml 030511 Population
608684768381384984768381
USD 2010
2
ndash Vision
24(c) CCO Consulting Helsinki 260411
Have Fun with Samba
Be Careful with Security
2
ndash Vision
25(c) CCO Consulting Helsinki 260411
Average Growth Rates of Brazil
1998-2002 17
2003-2008 42
2009-2014 45 (expected of course)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
26(c) CCO Consulting Helsinki 260411
UNCTAD survey 2010-2012 shows Brazil being the THIRD country to be the priority for investment (FDI) from Multinational Companies
First
Second
Fourth
Fifth
So BRICs on the TOP of course
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
27(c) CCO Consulting Helsinki 260411
Brazil a economy with low credit as percentage of GDP
Source Eduardo Giannetti (Insper-SP)
A+B C D+E Total2003 13 66 96 1752009 20 95 73 1882014 31 113 56 200
millions of persons
A+B C D+E2003 7 38 552009 11 51 392014 16 57 28
Brazil MiracleSource Eduardo Giannetti (Insper-SP)
Class
Class
Source Eduardo Giannetti (Insper-SP)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
30(c) CCO Consulting Helsinki 260411
Complementing the two economies the largest companies
1 Petrobras-Petroacuteleo Brasil Oil amp gas operations Nokia Technology hardware amp equipment2 Banco do Brasil Banking Sampo Insurance3 Banco Bradesco Banking Fortum Oil amp gas operations4 Vale do Rio Doce Materials UPM-Kymmene Materials5 Itauacute Banking Stora Enso Materials6 Unibanco Group Banking Neste Oil Oil amp gas operations7 Eletrobraacutes Utilities OKO Bank Banking8 Usiminas Materials Rautaruukki Materials9 CSN-Cia Siderurgica Materials Metso Capital goods
10 Tele Norte Leste Telecommunications services Kesko Group Food markets11 Metalurgica Gerdau Materials Outokumpu Materials12 Embraer Aerospace amp defense M-real Materials13 Cemig Utilities Kone Construction14 Braskem Chemicals SanomaWSOY Media15 Brasil Telecom Telecommunications services Alma Media Media16 Aracruz Celulose Materials17 CBD-Brasil Distribuiccedilatildeo Food markets18 Ipiranga Oil amp gas operations19 CPFL Energia Utilities
Source httpwwweconomywatchcomcompaniesforbes-listbrazilhtmlhttpwwweconomywatchcomcompaniesforbes-listfinlandhtml
Brazil FinlandName of the company and Industry Type
Finland 1 billionaire per 5000000 persons
Brazil 30 billionaires per 200000000 personshellip
ldquoshould haverdquo at least 40 o)
2
ndash Vision
31(c) CCO Consulting Helsinki 260411
The largest banks in Brazil by total assets criteriaThe largest banks in Brazil by total assets criteria
For the For the completecomplete file click herefile click here
2
ndash Vision
32(c) CCO Consulting Helsinki 260411
Brazil NOW Brazil IN THE FUTURE
Brazilacutes Demographic Bonus started in 1999 and it will end in 2034
Demographic window is defined to be that period of time in a nations demographic evolution when the proportion of population of working age group is particularly prominenthellip But this so called demographic bonus (or demographic dividend) remains only a potential advantage as low participation rates (for instance among women) or rampant unemployment may limit the impact of favorable age structures
More at httpenwikipediaorgwikiDemographic_window
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
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reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
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FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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FinancialBreadcrumb
SEARCH
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RELATED SERVICES
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LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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reddit BX Facebook stumbleupon Viadeo
Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
To comment you must sign in or register
Sign in Register
SEARCH
RECRUITERS
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Save over 70 on an FT subscription Plus get FREEdelivery to your home of office
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LATEST HEADLINES FROM CNN
US hits firms working with IranVolcanic ash cloud to close Berlin airportsSuicide bomber attacks Pakistan policeJordan Interim council represents LibyansChina keeps mum on N Korean leaders visit
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Internal Control Manager - MediaMedia Entertainment Advertising
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Jobs
EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
SEARCH
RECRUITERS
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
US hits firms working with Iran
Netanyahu lays out peace terms
Children join desperate flight from Syria
NATO chopper crashes in Afghanistan
Mubarak faces charges for corruption deaths
More
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Consulting Associates (Client Acquisition)
FTcom can deliver talented individuals across all industries
around the world
Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
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- Slide Number 12
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- Slide Number 14
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- Slide Number 17
- Slide Number 18
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- Slide Number 31
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- Slide Number 34
- Slide Number 35
- Slide Number 36
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- Slide Number 38
- Slide Number 39
- Slide Number 40
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- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
2
ndash Vision
6(c) CCO Consulting Helsinki 260411
Who does CCO ConsultingCCO Consulting support
By helping Portuguese companies to reinforce their international presence
Next page has got the companies associated with CCO ConsultingCCO Consulting in this initiative
OrsquoNEILL E SANTOS -
CONSULTORES AUTOacuteNOMOS LDA
N ConsuQMConsulting
Hugo OrsquoNeillConsultor Autoacutenomo
Investment Management Certificate (UK Society of Investment Professionals)
Poacutes-graduaccedilatildeo - PADE (Programa de Alta Direcccedilatildeo de Empresa)
Joatildeo Cantiga EstevesProfessor
Universitaacuterio e Senior Partner e
presidente da Ephi- ciecircncia financeira
MBA in International Finance
Ana Alberto Santos
Consultora Autoacutenoma
Revisora Oficial de Contas desde
1995
Poacutes-graduaccedilatildeo em Estudos Europeus
Nuno Quaresma
MartinsConsultor de
Gestatildeo
Poacutes-graduaccedilatildeo em Financcedilas e
Controlo Empresariais
Marco CardosoConsultor
MBA ndash BI Norwegian School of Management
INTERNEURSRua Satildeo Domingos de Benfica 33 RC Dto1500-556 Lisboa - Portugal
wwwinterneurseu
2
ndash Vision
8(c) CCO Consulting Helsinki 260411
Who does CCO ConsultingCCO Consulting support
By helping companies to excel with media so we developed the ldquoMedia Training Prordquo
Focus Portugal North African Countries Cabo Verde Mozambique and Poland
Will be a foundation one day On the meantime we dedicate to organize ldquowisingsrdquo (please visit the website) The next WISING will be in Kotka
WWW means
Work for a Wiser World
2
ndash
Vision
9(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallengeWorld is
shifting
from being
Atlantic‐Indian
Centric
to become
Pacific‐
Indian
CentricI strongly
believe
that
LinkingLinking
NordicNordic
CommunitiesCommunities
amp Portuguese amp Portuguese SpeakingSpeaking CommunitiesCommunities
CAN MAKE A POSITIVEPOSITIVE
DIFFERENCE for a better
WORLDPlease lets
make
the effort
togethertogetherhellip
alone
or
independently
is
BORING
20102011
2
ndash Vision
10(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
(NC) amp Portuguese Speaking
Communities
(PSC)
Through
Nordic
Communities Portuguese
Speaking
Communities
can
access
to BRIC called
Through
Portuguese
Speaking
Communities
Nordic
Communities
can
access
to BRIC called
2
ndash Vision
11(c) CCO Consulting Helsinki 260411
Some Relevant DetailsNordic
CommunitiesPortuguese Speaking
Communities
Geography Continuity
Stimulates ldquostandardizationrdquo ldquosisurdquo
Discontinuity
Stimulates
ldquorandomnessrdquo ldquodesenrascarrdquo vaguely related with ldquoto
improviserdquo
Environment HardStimulates
ldquoNo sympathy for failuresrdquo
MildStimulates
ldquoThere is always a second chancehellip
even after the Nth
opportunityhelliprdquo
StateNation First they focus on nation buildinghellip
then the statehellip
Stimulates
ldquoThinking before Actionsrdquo
First they focus creating the statehellip
then the nationhellip
Stimulates
ldquoTalking and Making Lawsrdquo
2
ndash Vision
12(c) CCO Consulting Helsinki 260411
Are we aware of realities such as for example the one of the next slide or do we think that is a problem for OTHERS to solve and we keep on doing ldquobusiness as usualrdquo
2
ndash Vision
13(c) CCO Consulting Helsinki 260411
httpwwwles-crisesfrprix-alimentaires
2
ndash Vision
14(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Power Distance Index (PDI) that is the extent to which the less powerful members of organizations and institutions (like the family) accept and expect that power is distributed unequally This represents inequality (more versus less) but defined from below not from above It suggests that a societys level of inequality is endorsed by the followers as much as by the leaders Power and inequality of course are extremely fundamental facts of any society and anybody with some international experience will be aware that all societies are unequal but some are more unequal than others Individualism (IDV) on the one side versus its opposite collectivism that is the degree to which individuals are inte-grated into groups On the individualist side we find societies in which the ties between individuals are loose everyone is expected to look after himherself and hisher immediate family On the collectivist side we find societies in which people from birth onwards are integrated into strong cohesive in- groups often extended families (with uncles aunts and grandparents) which continue protecting them in exchange for unquestioning loyalty The word collectivism in this sense has no political meaning it refers to the group not to the state Again the issue addressed by this dimension is an extremely fundamental one regarding all societies in the world
2
ndash Vision
15(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Masculinity (MAS) versus its opposite femininity refers to the distribution of roles between the genders which is another fundamental issue for any society to which a range of solutions are found The IBM studies revealed that (a) womens values differ less among societies than mens values (b) mens values from one country to another contain a dimension from very assertive and competitive and maximally different from womens values on the one side to modest and caring and similar to womens values on the other The assertive pole has been called masculine and the modest caring pole feminine The women in feminine countries have the same modest caring values as the men in the masculine countries they are somewhat assertive and competitive but not as much as the men so that these countries show a gap between mens values and womens values
2
ndash Vision
16(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Uncertainty Avoidance Index (UAI) deals with a societys tolerance for uncertainty and ambiguity it ultimately refers to mans search for Truth It indicates to what extent a culture programs its members to feel either uncomfortable or comfortable in unstructured situations Unstructured situations are novel unknown surprising different from usual Uncertainty avoiding cultures try to minimize the possibility of such situations by strict laws and rules safety and security measures and on the philosophical and religious level by a belief in absolute Truth there can only be one Truth and we have it People in uncertainty avoiding countries are also more emotional and motivated by inner nervous energy The opposite type uncertainty accepting cultures are more tolerant of opinions different from what they are used to they try to have as few rules as possible and on the philosophical and religious level they are relativist and allow many currents to flow side by side People within these cultures are more phlegmatic and contemplative and not expected by their environment to express emotions
2
ndash Vision
17(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Long-Term Orientation (LTO) versus short-term orientation this fifth dimension was found in a study among students in 23 countries around the world using a questionnaire designed by Chinese scholars It can be said to deal with Virtue regardless of Truth Values associated with Long Term Orientation are thrift and perseverance values associated with Short Term Orientation are respect for tradition fulfilling social obligations and protecting ones face Both the positively and the negatively rated values of this dimension are found in the teachings of Confucius the most influential Chinese philosopher who lived around 500 BC however the dimension also applies to countries without a Confucian heritage
2
ndash Vision
18(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
2
ndash Vision
19(c) CCO Consulting Helsinki 260411
In case you are not familiar with Geert Hofstede workhellip make sure you do not die with that ignorancehellip why not start NOW
2
ndash Vision
20(c) CCO Consulting Helsinki 260411
How Finland (through Penedo) got involved with rising awareness of Fernando Pessoahellip
2
ndash Vision
21(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallengeLinking
Nordic
Communities
(NC) amp Portuguese Speaking
Communities
(PSC)
PSC = 6th in
world
today 4th in
2050
Facts
PSC = Largest
in
the south
hemisphere
NC = Population
of Mozambique
= Territory
of Angola = 70 GDP of Brazil
Finland amp Brazil = Dignity
of Women
What
Unites
Finland amp Brazil = Cultural RichnessFinland amp Brazil = Environment
Awareness
Finland rarr Brazil = Population
Optimization
Sources
o Mutual Learning
Brazil rarr Finland = TEAMNEURSHIP (entrepreneur
amp intrapreneur)
Finland rarr Brazil = Resource
Use Solutions
Brazil rarr Finland = HUGE MARKETFinland rarr Brazil = On
competition
and cooperation
Brazil rarr Finland = HUGE RELIABLE SUPPLIER
2
ndash Vision
22(c) CCO Consulting Helsinki 260411
Snapshots about Brazil
Fast Forward
2
ndash Vision
23(c) CCO Consulting Helsinki 260411
GDP GDP ComparingAbsolute Population per capita with Portugal
Sweden 444600000000 9059651 49075 235Finland 232000000000 5250275 44188 212Norway 413500000000 4660539 88724 425Iceland 12770000000 306694 41638 199Denmark 305600000000 5500510 55558 266Portugal 223700000000 10707924 20891 100
Nordic Countries 1408470000000 56844Nordic Countries GDP 696 as of Brazil GDP 2024000000000Nordic Countries Population 24777669 Brazil Population 203429773 Brazil GDP pc 9949Nordic Countries GDP is 5713 of the Brazil GDP pcGDP of Portugal with the average GDP of Nordic CountriesPortuguese anual GDP Waste
Source httpenwikipediaorgwikiList_of_countries_by_GDP_28nominal29 030511 GDPhttpswwwciagovlibrarypublicationsthe-world-factbookgeosbrhtml 030511 Population
608684768381384984768381
USD 2010
2
ndash Vision
24(c) CCO Consulting Helsinki 260411
Have Fun with Samba
Be Careful with Security
2
ndash Vision
25(c) CCO Consulting Helsinki 260411
Average Growth Rates of Brazil
1998-2002 17
2003-2008 42
2009-2014 45 (expected of course)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
26(c) CCO Consulting Helsinki 260411
UNCTAD survey 2010-2012 shows Brazil being the THIRD country to be the priority for investment (FDI) from Multinational Companies
First
Second
Fourth
Fifth
So BRICs on the TOP of course
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
27(c) CCO Consulting Helsinki 260411
Brazil a economy with low credit as percentage of GDP
Source Eduardo Giannetti (Insper-SP)
A+B C D+E Total2003 13 66 96 1752009 20 95 73 1882014 31 113 56 200
millions of persons
A+B C D+E2003 7 38 552009 11 51 392014 16 57 28
Brazil MiracleSource Eduardo Giannetti (Insper-SP)
Class
Class
Source Eduardo Giannetti (Insper-SP)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
30(c) CCO Consulting Helsinki 260411
Complementing the two economies the largest companies
1 Petrobras-Petroacuteleo Brasil Oil amp gas operations Nokia Technology hardware amp equipment2 Banco do Brasil Banking Sampo Insurance3 Banco Bradesco Banking Fortum Oil amp gas operations4 Vale do Rio Doce Materials UPM-Kymmene Materials5 Itauacute Banking Stora Enso Materials6 Unibanco Group Banking Neste Oil Oil amp gas operations7 Eletrobraacutes Utilities OKO Bank Banking8 Usiminas Materials Rautaruukki Materials9 CSN-Cia Siderurgica Materials Metso Capital goods
10 Tele Norte Leste Telecommunications services Kesko Group Food markets11 Metalurgica Gerdau Materials Outokumpu Materials12 Embraer Aerospace amp defense M-real Materials13 Cemig Utilities Kone Construction14 Braskem Chemicals SanomaWSOY Media15 Brasil Telecom Telecommunications services Alma Media Media16 Aracruz Celulose Materials17 CBD-Brasil Distribuiccedilatildeo Food markets18 Ipiranga Oil amp gas operations19 CPFL Energia Utilities
Source httpwwweconomywatchcomcompaniesforbes-listbrazilhtmlhttpwwweconomywatchcomcompaniesforbes-listfinlandhtml
Brazil FinlandName of the company and Industry Type
Finland 1 billionaire per 5000000 persons
Brazil 30 billionaires per 200000000 personshellip
ldquoshould haverdquo at least 40 o)
2
ndash Vision
31(c) CCO Consulting Helsinki 260411
The largest banks in Brazil by total assets criteriaThe largest banks in Brazil by total assets criteria
For the For the completecomplete file click herefile click here
2
ndash Vision
32(c) CCO Consulting Helsinki 260411
Brazil NOW Brazil IN THE FUTURE
Brazilacutes Demographic Bonus started in 1999 and it will end in 2034
Demographic window is defined to be that period of time in a nations demographic evolution when the proportion of population of working age group is particularly prominenthellip But this so called demographic bonus (or demographic dividend) remains only a potential advantage as low participation rates (for instance among women) or rampant unemployment may limit the impact of favorable age structures
More at httpenwikipediaorgwikiDemographic_window
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
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RECRUITERS
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MBA-DirectcomFT Newspaper subscriptionsFT DiariesFT ConferencesFT Syndication servicesThe Non-Executive Director
Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
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FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
RECRUITERS
FT Lexicon
FT Bespoke Forums
Market research
Growth companies
Corporate subscriptions
Luxury Travel brochures
Analyst Research
MBA-Directcom
FT Newspaper subscriptions
FT Diaries
FT Conferences
FT Syndication services
The Non-Executive Director
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
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LATEST HEADLINES FROM CNN
Erdogan speaks of brotherhood at rally
US demands answers in death of Iranian dissident
Virginity tests and the abuse of Egypts women
Many questions remain in Pakistani journalists death
Hopes fade for peaceful Arab transition to democracy
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Consulting Associates (Client Acquisition)
Consulting Associates (Project Management)
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Post a job now
RELATED SERVICES
Jobs
LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
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Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
To comment you must sign in or register
Sign in Register
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Internal Control Manager - MediaMedia Entertainment Advertising
Chief of Staff
Financial Services
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Jobs
EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
SEARCH
RECRUITERS
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
US hits firms working with Iran
Netanyahu lays out peace terms
Children join desperate flight from Syria
NATO chopper crashes in Afghanistan
Mubarak faces charges for corruption deaths
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Consulting Associates (Client Acquisition)
FTcom can deliver talented individuals across all industries
around the world
Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
OrsquoNEILL E SANTOS -
CONSULTORES AUTOacuteNOMOS LDA
N ConsuQMConsulting
Hugo OrsquoNeillConsultor Autoacutenomo
Investment Management Certificate (UK Society of Investment Professionals)
Poacutes-graduaccedilatildeo - PADE (Programa de Alta Direcccedilatildeo de Empresa)
Joatildeo Cantiga EstevesProfessor
Universitaacuterio e Senior Partner e
presidente da Ephi- ciecircncia financeira
MBA in International Finance
Ana Alberto Santos
Consultora Autoacutenoma
Revisora Oficial de Contas desde
1995
Poacutes-graduaccedilatildeo em Estudos Europeus
Nuno Quaresma
MartinsConsultor de
Gestatildeo
Poacutes-graduaccedilatildeo em Financcedilas e
Controlo Empresariais
Marco CardosoConsultor
MBA ndash BI Norwegian School of Management
INTERNEURSRua Satildeo Domingos de Benfica 33 RC Dto1500-556 Lisboa - Portugal
wwwinterneurseu
2
ndash Vision
8(c) CCO Consulting Helsinki 260411
Who does CCO ConsultingCCO Consulting support
By helping companies to excel with media so we developed the ldquoMedia Training Prordquo
Focus Portugal North African Countries Cabo Verde Mozambique and Poland
Will be a foundation one day On the meantime we dedicate to organize ldquowisingsrdquo (please visit the website) The next WISING will be in Kotka
WWW means
Work for a Wiser World
2
ndash
Vision
9(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallengeWorld is
shifting
from being
Atlantic‐Indian
Centric
to become
Pacific‐
Indian
CentricI strongly
believe
that
LinkingLinking
NordicNordic
CommunitiesCommunities
amp Portuguese amp Portuguese SpeakingSpeaking CommunitiesCommunities
CAN MAKE A POSITIVEPOSITIVE
DIFFERENCE for a better
WORLDPlease lets
make
the effort
togethertogetherhellip
alone
or
independently
is
BORING
20102011
2
ndash Vision
10(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
(NC) amp Portuguese Speaking
Communities
(PSC)
Through
Nordic
Communities Portuguese
Speaking
Communities
can
access
to BRIC called
Through
Portuguese
Speaking
Communities
Nordic
Communities
can
access
to BRIC called
2
ndash Vision
11(c) CCO Consulting Helsinki 260411
Some Relevant DetailsNordic
CommunitiesPortuguese Speaking
Communities
Geography Continuity
Stimulates ldquostandardizationrdquo ldquosisurdquo
Discontinuity
Stimulates
ldquorandomnessrdquo ldquodesenrascarrdquo vaguely related with ldquoto
improviserdquo
Environment HardStimulates
ldquoNo sympathy for failuresrdquo
MildStimulates
ldquoThere is always a second chancehellip
even after the Nth
opportunityhelliprdquo
StateNation First they focus on nation buildinghellip
then the statehellip
Stimulates
ldquoThinking before Actionsrdquo
First they focus creating the statehellip
then the nationhellip
Stimulates
ldquoTalking and Making Lawsrdquo
2
ndash Vision
12(c) CCO Consulting Helsinki 260411
Are we aware of realities such as for example the one of the next slide or do we think that is a problem for OTHERS to solve and we keep on doing ldquobusiness as usualrdquo
2
ndash Vision
13(c) CCO Consulting Helsinki 260411
httpwwwles-crisesfrprix-alimentaires
2
ndash Vision
14(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Power Distance Index (PDI) that is the extent to which the less powerful members of organizations and institutions (like the family) accept and expect that power is distributed unequally This represents inequality (more versus less) but defined from below not from above It suggests that a societys level of inequality is endorsed by the followers as much as by the leaders Power and inequality of course are extremely fundamental facts of any society and anybody with some international experience will be aware that all societies are unequal but some are more unequal than others Individualism (IDV) on the one side versus its opposite collectivism that is the degree to which individuals are inte-grated into groups On the individualist side we find societies in which the ties between individuals are loose everyone is expected to look after himherself and hisher immediate family On the collectivist side we find societies in which people from birth onwards are integrated into strong cohesive in- groups often extended families (with uncles aunts and grandparents) which continue protecting them in exchange for unquestioning loyalty The word collectivism in this sense has no political meaning it refers to the group not to the state Again the issue addressed by this dimension is an extremely fundamental one regarding all societies in the world
2
ndash Vision
15(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Masculinity (MAS) versus its opposite femininity refers to the distribution of roles between the genders which is another fundamental issue for any society to which a range of solutions are found The IBM studies revealed that (a) womens values differ less among societies than mens values (b) mens values from one country to another contain a dimension from very assertive and competitive and maximally different from womens values on the one side to modest and caring and similar to womens values on the other The assertive pole has been called masculine and the modest caring pole feminine The women in feminine countries have the same modest caring values as the men in the masculine countries they are somewhat assertive and competitive but not as much as the men so that these countries show a gap between mens values and womens values
2
ndash Vision
16(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Uncertainty Avoidance Index (UAI) deals with a societys tolerance for uncertainty and ambiguity it ultimately refers to mans search for Truth It indicates to what extent a culture programs its members to feel either uncomfortable or comfortable in unstructured situations Unstructured situations are novel unknown surprising different from usual Uncertainty avoiding cultures try to minimize the possibility of such situations by strict laws and rules safety and security measures and on the philosophical and religious level by a belief in absolute Truth there can only be one Truth and we have it People in uncertainty avoiding countries are also more emotional and motivated by inner nervous energy The opposite type uncertainty accepting cultures are more tolerant of opinions different from what they are used to they try to have as few rules as possible and on the philosophical and religious level they are relativist and allow many currents to flow side by side People within these cultures are more phlegmatic and contemplative and not expected by their environment to express emotions
2
ndash Vision
17(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Long-Term Orientation (LTO) versus short-term orientation this fifth dimension was found in a study among students in 23 countries around the world using a questionnaire designed by Chinese scholars It can be said to deal with Virtue regardless of Truth Values associated with Long Term Orientation are thrift and perseverance values associated with Short Term Orientation are respect for tradition fulfilling social obligations and protecting ones face Both the positively and the negatively rated values of this dimension are found in the teachings of Confucius the most influential Chinese philosopher who lived around 500 BC however the dimension also applies to countries without a Confucian heritage
2
ndash Vision
18(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
2
ndash Vision
19(c) CCO Consulting Helsinki 260411
In case you are not familiar with Geert Hofstede workhellip make sure you do not die with that ignorancehellip why not start NOW
2
ndash Vision
20(c) CCO Consulting Helsinki 260411
How Finland (through Penedo) got involved with rising awareness of Fernando Pessoahellip
2
ndash Vision
21(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallengeLinking
Nordic
Communities
(NC) amp Portuguese Speaking
Communities
(PSC)
PSC = 6th in
world
today 4th in
2050
Facts
PSC = Largest
in
the south
hemisphere
NC = Population
of Mozambique
= Territory
of Angola = 70 GDP of Brazil
Finland amp Brazil = Dignity
of Women
What
Unites
Finland amp Brazil = Cultural RichnessFinland amp Brazil = Environment
Awareness
Finland rarr Brazil = Population
Optimization
Sources
o Mutual Learning
Brazil rarr Finland = TEAMNEURSHIP (entrepreneur
amp intrapreneur)
Finland rarr Brazil = Resource
Use Solutions
Brazil rarr Finland = HUGE MARKETFinland rarr Brazil = On
competition
and cooperation
Brazil rarr Finland = HUGE RELIABLE SUPPLIER
2
ndash Vision
22(c) CCO Consulting Helsinki 260411
Snapshots about Brazil
Fast Forward
2
ndash Vision
23(c) CCO Consulting Helsinki 260411
GDP GDP ComparingAbsolute Population per capita with Portugal
Sweden 444600000000 9059651 49075 235Finland 232000000000 5250275 44188 212Norway 413500000000 4660539 88724 425Iceland 12770000000 306694 41638 199Denmark 305600000000 5500510 55558 266Portugal 223700000000 10707924 20891 100
Nordic Countries 1408470000000 56844Nordic Countries GDP 696 as of Brazil GDP 2024000000000Nordic Countries Population 24777669 Brazil Population 203429773 Brazil GDP pc 9949Nordic Countries GDP is 5713 of the Brazil GDP pcGDP of Portugal with the average GDP of Nordic CountriesPortuguese anual GDP Waste
Source httpenwikipediaorgwikiList_of_countries_by_GDP_28nominal29 030511 GDPhttpswwwciagovlibrarypublicationsthe-world-factbookgeosbrhtml 030511 Population
608684768381384984768381
USD 2010
2
ndash Vision
24(c) CCO Consulting Helsinki 260411
Have Fun with Samba
Be Careful with Security
2
ndash Vision
25(c) CCO Consulting Helsinki 260411
Average Growth Rates of Brazil
1998-2002 17
2003-2008 42
2009-2014 45 (expected of course)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
26(c) CCO Consulting Helsinki 260411
UNCTAD survey 2010-2012 shows Brazil being the THIRD country to be the priority for investment (FDI) from Multinational Companies
First
Second
Fourth
Fifth
So BRICs on the TOP of course
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
27(c) CCO Consulting Helsinki 260411
Brazil a economy with low credit as percentage of GDP
Source Eduardo Giannetti (Insper-SP)
A+B C D+E Total2003 13 66 96 1752009 20 95 73 1882014 31 113 56 200
millions of persons
A+B C D+E2003 7 38 552009 11 51 392014 16 57 28
Brazil MiracleSource Eduardo Giannetti (Insper-SP)
Class
Class
Source Eduardo Giannetti (Insper-SP)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
30(c) CCO Consulting Helsinki 260411
Complementing the two economies the largest companies
1 Petrobras-Petroacuteleo Brasil Oil amp gas operations Nokia Technology hardware amp equipment2 Banco do Brasil Banking Sampo Insurance3 Banco Bradesco Banking Fortum Oil amp gas operations4 Vale do Rio Doce Materials UPM-Kymmene Materials5 Itauacute Banking Stora Enso Materials6 Unibanco Group Banking Neste Oil Oil amp gas operations7 Eletrobraacutes Utilities OKO Bank Banking8 Usiminas Materials Rautaruukki Materials9 CSN-Cia Siderurgica Materials Metso Capital goods
10 Tele Norte Leste Telecommunications services Kesko Group Food markets11 Metalurgica Gerdau Materials Outokumpu Materials12 Embraer Aerospace amp defense M-real Materials13 Cemig Utilities Kone Construction14 Braskem Chemicals SanomaWSOY Media15 Brasil Telecom Telecommunications services Alma Media Media16 Aracruz Celulose Materials17 CBD-Brasil Distribuiccedilatildeo Food markets18 Ipiranga Oil amp gas operations19 CPFL Energia Utilities
Source httpwwweconomywatchcomcompaniesforbes-listbrazilhtmlhttpwwweconomywatchcomcompaniesforbes-listfinlandhtml
Brazil FinlandName of the company and Industry Type
Finland 1 billionaire per 5000000 persons
Brazil 30 billionaires per 200000000 personshellip
ldquoshould haverdquo at least 40 o)
2
ndash Vision
31(c) CCO Consulting Helsinki 260411
The largest banks in Brazil by total assets criteriaThe largest banks in Brazil by total assets criteria
For the For the completecomplete file click herefile click here
2
ndash Vision
32(c) CCO Consulting Helsinki 260411
Brazil NOW Brazil IN THE FUTURE
Brazilacutes Demographic Bonus started in 1999 and it will end in 2034
Demographic window is defined to be that period of time in a nations demographic evolution when the proportion of population of working age group is particularly prominenthellip But this so called demographic bonus (or demographic dividend) remains only a potential advantage as low participation rates (for instance among women) or rampant unemployment may limit the impact of favorable age structures
More at httpenwikipediaorgwikiDemographic_window
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
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FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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FinancialBreadcrumb
SEARCH
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LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
To comment you must sign in or register
Sign in Register
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RECRUITERS
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Jobs
EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
SEARCH
RECRUITERS
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
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Netanyahu lays out peace terms
Children join desperate flight from Syria
NATO chopper crashes in Afghanistan
Mubarak faces charges for corruption deaths
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FTcom can deliver talented individuals across all industries
around the world
Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
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- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
2
ndash Vision
8(c) CCO Consulting Helsinki 260411
Who does CCO ConsultingCCO Consulting support
By helping companies to excel with media so we developed the ldquoMedia Training Prordquo
Focus Portugal North African Countries Cabo Verde Mozambique and Poland
Will be a foundation one day On the meantime we dedicate to organize ldquowisingsrdquo (please visit the website) The next WISING will be in Kotka
WWW means
Work for a Wiser World
2
ndash
Vision
9(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallengeWorld is
shifting
from being
Atlantic‐Indian
Centric
to become
Pacific‐
Indian
CentricI strongly
believe
that
LinkingLinking
NordicNordic
CommunitiesCommunities
amp Portuguese amp Portuguese SpeakingSpeaking CommunitiesCommunities
CAN MAKE A POSITIVEPOSITIVE
DIFFERENCE for a better
WORLDPlease lets
make
the effort
togethertogetherhellip
alone
or
independently
is
BORING
20102011
2
ndash Vision
10(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
(NC) amp Portuguese Speaking
Communities
(PSC)
Through
Nordic
Communities Portuguese
Speaking
Communities
can
access
to BRIC called
Through
Portuguese
Speaking
Communities
Nordic
Communities
can
access
to BRIC called
2
ndash Vision
11(c) CCO Consulting Helsinki 260411
Some Relevant DetailsNordic
CommunitiesPortuguese Speaking
Communities
Geography Continuity
Stimulates ldquostandardizationrdquo ldquosisurdquo
Discontinuity
Stimulates
ldquorandomnessrdquo ldquodesenrascarrdquo vaguely related with ldquoto
improviserdquo
Environment HardStimulates
ldquoNo sympathy for failuresrdquo
MildStimulates
ldquoThere is always a second chancehellip
even after the Nth
opportunityhelliprdquo
StateNation First they focus on nation buildinghellip
then the statehellip
Stimulates
ldquoThinking before Actionsrdquo
First they focus creating the statehellip
then the nationhellip
Stimulates
ldquoTalking and Making Lawsrdquo
2
ndash Vision
12(c) CCO Consulting Helsinki 260411
Are we aware of realities such as for example the one of the next slide or do we think that is a problem for OTHERS to solve and we keep on doing ldquobusiness as usualrdquo
2
ndash Vision
13(c) CCO Consulting Helsinki 260411
httpwwwles-crisesfrprix-alimentaires
2
ndash Vision
14(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Power Distance Index (PDI) that is the extent to which the less powerful members of organizations and institutions (like the family) accept and expect that power is distributed unequally This represents inequality (more versus less) but defined from below not from above It suggests that a societys level of inequality is endorsed by the followers as much as by the leaders Power and inequality of course are extremely fundamental facts of any society and anybody with some international experience will be aware that all societies are unequal but some are more unequal than others Individualism (IDV) on the one side versus its opposite collectivism that is the degree to which individuals are inte-grated into groups On the individualist side we find societies in which the ties between individuals are loose everyone is expected to look after himherself and hisher immediate family On the collectivist side we find societies in which people from birth onwards are integrated into strong cohesive in- groups often extended families (with uncles aunts and grandparents) which continue protecting them in exchange for unquestioning loyalty The word collectivism in this sense has no political meaning it refers to the group not to the state Again the issue addressed by this dimension is an extremely fundamental one regarding all societies in the world
2
ndash Vision
15(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Masculinity (MAS) versus its opposite femininity refers to the distribution of roles between the genders which is another fundamental issue for any society to which a range of solutions are found The IBM studies revealed that (a) womens values differ less among societies than mens values (b) mens values from one country to another contain a dimension from very assertive and competitive and maximally different from womens values on the one side to modest and caring and similar to womens values on the other The assertive pole has been called masculine and the modest caring pole feminine The women in feminine countries have the same modest caring values as the men in the masculine countries they are somewhat assertive and competitive but not as much as the men so that these countries show a gap between mens values and womens values
2
ndash Vision
16(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Uncertainty Avoidance Index (UAI) deals with a societys tolerance for uncertainty and ambiguity it ultimately refers to mans search for Truth It indicates to what extent a culture programs its members to feel either uncomfortable or comfortable in unstructured situations Unstructured situations are novel unknown surprising different from usual Uncertainty avoiding cultures try to minimize the possibility of such situations by strict laws and rules safety and security measures and on the philosophical and religious level by a belief in absolute Truth there can only be one Truth and we have it People in uncertainty avoiding countries are also more emotional and motivated by inner nervous energy The opposite type uncertainty accepting cultures are more tolerant of opinions different from what they are used to they try to have as few rules as possible and on the philosophical and religious level they are relativist and allow many currents to flow side by side People within these cultures are more phlegmatic and contemplative and not expected by their environment to express emotions
2
ndash Vision
17(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Long-Term Orientation (LTO) versus short-term orientation this fifth dimension was found in a study among students in 23 countries around the world using a questionnaire designed by Chinese scholars It can be said to deal with Virtue regardless of Truth Values associated with Long Term Orientation are thrift and perseverance values associated with Short Term Orientation are respect for tradition fulfilling social obligations and protecting ones face Both the positively and the negatively rated values of this dimension are found in the teachings of Confucius the most influential Chinese philosopher who lived around 500 BC however the dimension also applies to countries without a Confucian heritage
2
ndash Vision
18(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
2
ndash Vision
19(c) CCO Consulting Helsinki 260411
In case you are not familiar with Geert Hofstede workhellip make sure you do not die with that ignorancehellip why not start NOW
2
ndash Vision
20(c) CCO Consulting Helsinki 260411
How Finland (through Penedo) got involved with rising awareness of Fernando Pessoahellip
2
ndash Vision
21(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallengeLinking
Nordic
Communities
(NC) amp Portuguese Speaking
Communities
(PSC)
PSC = 6th in
world
today 4th in
2050
Facts
PSC = Largest
in
the south
hemisphere
NC = Population
of Mozambique
= Territory
of Angola = 70 GDP of Brazil
Finland amp Brazil = Dignity
of Women
What
Unites
Finland amp Brazil = Cultural RichnessFinland amp Brazil = Environment
Awareness
Finland rarr Brazil = Population
Optimization
Sources
o Mutual Learning
Brazil rarr Finland = TEAMNEURSHIP (entrepreneur
amp intrapreneur)
Finland rarr Brazil = Resource
Use Solutions
Brazil rarr Finland = HUGE MARKETFinland rarr Brazil = On
competition
and cooperation
Brazil rarr Finland = HUGE RELIABLE SUPPLIER
2
ndash Vision
22(c) CCO Consulting Helsinki 260411
Snapshots about Brazil
Fast Forward
2
ndash Vision
23(c) CCO Consulting Helsinki 260411
GDP GDP ComparingAbsolute Population per capita with Portugal
Sweden 444600000000 9059651 49075 235Finland 232000000000 5250275 44188 212Norway 413500000000 4660539 88724 425Iceland 12770000000 306694 41638 199Denmark 305600000000 5500510 55558 266Portugal 223700000000 10707924 20891 100
Nordic Countries 1408470000000 56844Nordic Countries GDP 696 as of Brazil GDP 2024000000000Nordic Countries Population 24777669 Brazil Population 203429773 Brazil GDP pc 9949Nordic Countries GDP is 5713 of the Brazil GDP pcGDP of Portugal with the average GDP of Nordic CountriesPortuguese anual GDP Waste
Source httpenwikipediaorgwikiList_of_countries_by_GDP_28nominal29 030511 GDPhttpswwwciagovlibrarypublicationsthe-world-factbookgeosbrhtml 030511 Population
608684768381384984768381
USD 2010
2
ndash Vision
24(c) CCO Consulting Helsinki 260411
Have Fun with Samba
Be Careful with Security
2
ndash Vision
25(c) CCO Consulting Helsinki 260411
Average Growth Rates of Brazil
1998-2002 17
2003-2008 42
2009-2014 45 (expected of course)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
26(c) CCO Consulting Helsinki 260411
UNCTAD survey 2010-2012 shows Brazil being the THIRD country to be the priority for investment (FDI) from Multinational Companies
First
Second
Fourth
Fifth
So BRICs on the TOP of course
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
27(c) CCO Consulting Helsinki 260411
Brazil a economy with low credit as percentage of GDP
Source Eduardo Giannetti (Insper-SP)
A+B C D+E Total2003 13 66 96 1752009 20 95 73 1882014 31 113 56 200
millions of persons
A+B C D+E2003 7 38 552009 11 51 392014 16 57 28
Brazil MiracleSource Eduardo Giannetti (Insper-SP)
Class
Class
Source Eduardo Giannetti (Insper-SP)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
30(c) CCO Consulting Helsinki 260411
Complementing the two economies the largest companies
1 Petrobras-Petroacuteleo Brasil Oil amp gas operations Nokia Technology hardware amp equipment2 Banco do Brasil Banking Sampo Insurance3 Banco Bradesco Banking Fortum Oil amp gas operations4 Vale do Rio Doce Materials UPM-Kymmene Materials5 Itauacute Banking Stora Enso Materials6 Unibanco Group Banking Neste Oil Oil amp gas operations7 Eletrobraacutes Utilities OKO Bank Banking8 Usiminas Materials Rautaruukki Materials9 CSN-Cia Siderurgica Materials Metso Capital goods
10 Tele Norte Leste Telecommunications services Kesko Group Food markets11 Metalurgica Gerdau Materials Outokumpu Materials12 Embraer Aerospace amp defense M-real Materials13 Cemig Utilities Kone Construction14 Braskem Chemicals SanomaWSOY Media15 Brasil Telecom Telecommunications services Alma Media Media16 Aracruz Celulose Materials17 CBD-Brasil Distribuiccedilatildeo Food markets18 Ipiranga Oil amp gas operations19 CPFL Energia Utilities
Source httpwwweconomywatchcomcompaniesforbes-listbrazilhtmlhttpwwweconomywatchcomcompaniesforbes-listfinlandhtml
Brazil FinlandName of the company and Industry Type
Finland 1 billionaire per 5000000 persons
Brazil 30 billionaires per 200000000 personshellip
ldquoshould haverdquo at least 40 o)
2
ndash Vision
31(c) CCO Consulting Helsinki 260411
The largest banks in Brazil by total assets criteriaThe largest banks in Brazil by total assets criteria
For the For the completecomplete file click herefile click here
2
ndash Vision
32(c) CCO Consulting Helsinki 260411
Brazil NOW Brazil IN THE FUTURE
Brazilacutes Demographic Bonus started in 1999 and it will end in 2034
Demographic window is defined to be that period of time in a nations demographic evolution when the proportion of population of working age group is particularly prominenthellip But this so called demographic bonus (or demographic dividend) remains only a potential advantage as low participation rates (for instance among women) or rampant unemployment may limit the impact of favorable age structures
More at httpenwikipediaorgwikiDemographic_window
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
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MBA-DirectcomFT Newspaper subscriptionsFT DiariesFT ConferencesFT Syndication servicesThe Non-Executive Director
Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
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FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
RECRUITERS
FT Lexicon
FT Bespoke Forums
Market research
Growth companies
Corporate subscriptions
Luxury Travel brochures
Analyst Research
MBA-Directcom
FT Newspaper subscriptions
FT Diaries
FT Conferences
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SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
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LATEST HEADLINES FROM CNN
Erdogan speaks of brotherhood at rally
US demands answers in death of Iranian dissident
Virginity tests and the abuse of Egypts women
Many questions remain in Pakistani journalists death
Hopes fade for peaceful Arab transition to democracy
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Consulting Associates (Project Management)
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Post a job now
RELATED SERVICES
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LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
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Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
To comment you must sign in or register
Sign in Register
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Internal Control Manager - MediaMedia Entertainment Advertising
Chief of Staff
Financial Services
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Jobs
EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
SEARCH
RECRUITERS
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
US hits firms working with Iran
Netanyahu lays out peace terms
Children join desperate flight from Syria
NATO chopper crashes in Afghanistan
Mubarak faces charges for corruption deaths
More
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Consulting Associates (Client Acquisition)
FTcom can deliver talented individuals across all industries
around the world
Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
2
ndash
Vision
9(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallengeWorld is
shifting
from being
Atlantic‐Indian
Centric
to become
Pacific‐
Indian
CentricI strongly
believe
that
LinkingLinking
NordicNordic
CommunitiesCommunities
amp Portuguese amp Portuguese SpeakingSpeaking CommunitiesCommunities
CAN MAKE A POSITIVEPOSITIVE
DIFFERENCE for a better
WORLDPlease lets
make
the effort
togethertogetherhellip
alone
or
independently
is
BORING
20102011
2
ndash Vision
10(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
(NC) amp Portuguese Speaking
Communities
(PSC)
Through
Nordic
Communities Portuguese
Speaking
Communities
can
access
to BRIC called
Through
Portuguese
Speaking
Communities
Nordic
Communities
can
access
to BRIC called
2
ndash Vision
11(c) CCO Consulting Helsinki 260411
Some Relevant DetailsNordic
CommunitiesPortuguese Speaking
Communities
Geography Continuity
Stimulates ldquostandardizationrdquo ldquosisurdquo
Discontinuity
Stimulates
ldquorandomnessrdquo ldquodesenrascarrdquo vaguely related with ldquoto
improviserdquo
Environment HardStimulates
ldquoNo sympathy for failuresrdquo
MildStimulates
ldquoThere is always a second chancehellip
even after the Nth
opportunityhelliprdquo
StateNation First they focus on nation buildinghellip
then the statehellip
Stimulates
ldquoThinking before Actionsrdquo
First they focus creating the statehellip
then the nationhellip
Stimulates
ldquoTalking and Making Lawsrdquo
2
ndash Vision
12(c) CCO Consulting Helsinki 260411
Are we aware of realities such as for example the one of the next slide or do we think that is a problem for OTHERS to solve and we keep on doing ldquobusiness as usualrdquo
2
ndash Vision
13(c) CCO Consulting Helsinki 260411
httpwwwles-crisesfrprix-alimentaires
2
ndash Vision
14(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Power Distance Index (PDI) that is the extent to which the less powerful members of organizations and institutions (like the family) accept and expect that power is distributed unequally This represents inequality (more versus less) but defined from below not from above It suggests that a societys level of inequality is endorsed by the followers as much as by the leaders Power and inequality of course are extremely fundamental facts of any society and anybody with some international experience will be aware that all societies are unequal but some are more unequal than others Individualism (IDV) on the one side versus its opposite collectivism that is the degree to which individuals are inte-grated into groups On the individualist side we find societies in which the ties between individuals are loose everyone is expected to look after himherself and hisher immediate family On the collectivist side we find societies in which people from birth onwards are integrated into strong cohesive in- groups often extended families (with uncles aunts and grandparents) which continue protecting them in exchange for unquestioning loyalty The word collectivism in this sense has no political meaning it refers to the group not to the state Again the issue addressed by this dimension is an extremely fundamental one regarding all societies in the world
2
ndash Vision
15(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Masculinity (MAS) versus its opposite femininity refers to the distribution of roles between the genders which is another fundamental issue for any society to which a range of solutions are found The IBM studies revealed that (a) womens values differ less among societies than mens values (b) mens values from one country to another contain a dimension from very assertive and competitive and maximally different from womens values on the one side to modest and caring and similar to womens values on the other The assertive pole has been called masculine and the modest caring pole feminine The women in feminine countries have the same modest caring values as the men in the masculine countries they are somewhat assertive and competitive but not as much as the men so that these countries show a gap between mens values and womens values
2
ndash Vision
16(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Uncertainty Avoidance Index (UAI) deals with a societys tolerance for uncertainty and ambiguity it ultimately refers to mans search for Truth It indicates to what extent a culture programs its members to feel either uncomfortable or comfortable in unstructured situations Unstructured situations are novel unknown surprising different from usual Uncertainty avoiding cultures try to minimize the possibility of such situations by strict laws and rules safety and security measures and on the philosophical and religious level by a belief in absolute Truth there can only be one Truth and we have it People in uncertainty avoiding countries are also more emotional and motivated by inner nervous energy The opposite type uncertainty accepting cultures are more tolerant of opinions different from what they are used to they try to have as few rules as possible and on the philosophical and religious level they are relativist and allow many currents to flow side by side People within these cultures are more phlegmatic and contemplative and not expected by their environment to express emotions
2
ndash Vision
17(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Long-Term Orientation (LTO) versus short-term orientation this fifth dimension was found in a study among students in 23 countries around the world using a questionnaire designed by Chinese scholars It can be said to deal with Virtue regardless of Truth Values associated with Long Term Orientation are thrift and perseverance values associated with Short Term Orientation are respect for tradition fulfilling social obligations and protecting ones face Both the positively and the negatively rated values of this dimension are found in the teachings of Confucius the most influential Chinese philosopher who lived around 500 BC however the dimension also applies to countries without a Confucian heritage
2
ndash Vision
18(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
2
ndash Vision
19(c) CCO Consulting Helsinki 260411
In case you are not familiar with Geert Hofstede workhellip make sure you do not die with that ignorancehellip why not start NOW
2
ndash Vision
20(c) CCO Consulting Helsinki 260411
How Finland (through Penedo) got involved with rising awareness of Fernando Pessoahellip
2
ndash Vision
21(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallengeLinking
Nordic
Communities
(NC) amp Portuguese Speaking
Communities
(PSC)
PSC = 6th in
world
today 4th in
2050
Facts
PSC = Largest
in
the south
hemisphere
NC = Population
of Mozambique
= Territory
of Angola = 70 GDP of Brazil
Finland amp Brazil = Dignity
of Women
What
Unites
Finland amp Brazil = Cultural RichnessFinland amp Brazil = Environment
Awareness
Finland rarr Brazil = Population
Optimization
Sources
o Mutual Learning
Brazil rarr Finland = TEAMNEURSHIP (entrepreneur
amp intrapreneur)
Finland rarr Brazil = Resource
Use Solutions
Brazil rarr Finland = HUGE MARKETFinland rarr Brazil = On
competition
and cooperation
Brazil rarr Finland = HUGE RELIABLE SUPPLIER
2
ndash Vision
22(c) CCO Consulting Helsinki 260411
Snapshots about Brazil
Fast Forward
2
ndash Vision
23(c) CCO Consulting Helsinki 260411
GDP GDP ComparingAbsolute Population per capita with Portugal
Sweden 444600000000 9059651 49075 235Finland 232000000000 5250275 44188 212Norway 413500000000 4660539 88724 425Iceland 12770000000 306694 41638 199Denmark 305600000000 5500510 55558 266Portugal 223700000000 10707924 20891 100
Nordic Countries 1408470000000 56844Nordic Countries GDP 696 as of Brazil GDP 2024000000000Nordic Countries Population 24777669 Brazil Population 203429773 Brazil GDP pc 9949Nordic Countries GDP is 5713 of the Brazil GDP pcGDP of Portugal with the average GDP of Nordic CountriesPortuguese anual GDP Waste
Source httpenwikipediaorgwikiList_of_countries_by_GDP_28nominal29 030511 GDPhttpswwwciagovlibrarypublicationsthe-world-factbookgeosbrhtml 030511 Population
608684768381384984768381
USD 2010
2
ndash Vision
24(c) CCO Consulting Helsinki 260411
Have Fun with Samba
Be Careful with Security
2
ndash Vision
25(c) CCO Consulting Helsinki 260411
Average Growth Rates of Brazil
1998-2002 17
2003-2008 42
2009-2014 45 (expected of course)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
26(c) CCO Consulting Helsinki 260411
UNCTAD survey 2010-2012 shows Brazil being the THIRD country to be the priority for investment (FDI) from Multinational Companies
First
Second
Fourth
Fifth
So BRICs on the TOP of course
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
27(c) CCO Consulting Helsinki 260411
Brazil a economy with low credit as percentage of GDP
Source Eduardo Giannetti (Insper-SP)
A+B C D+E Total2003 13 66 96 1752009 20 95 73 1882014 31 113 56 200
millions of persons
A+B C D+E2003 7 38 552009 11 51 392014 16 57 28
Brazil MiracleSource Eduardo Giannetti (Insper-SP)
Class
Class
Source Eduardo Giannetti (Insper-SP)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
30(c) CCO Consulting Helsinki 260411
Complementing the two economies the largest companies
1 Petrobras-Petroacuteleo Brasil Oil amp gas operations Nokia Technology hardware amp equipment2 Banco do Brasil Banking Sampo Insurance3 Banco Bradesco Banking Fortum Oil amp gas operations4 Vale do Rio Doce Materials UPM-Kymmene Materials5 Itauacute Banking Stora Enso Materials6 Unibanco Group Banking Neste Oil Oil amp gas operations7 Eletrobraacutes Utilities OKO Bank Banking8 Usiminas Materials Rautaruukki Materials9 CSN-Cia Siderurgica Materials Metso Capital goods
10 Tele Norte Leste Telecommunications services Kesko Group Food markets11 Metalurgica Gerdau Materials Outokumpu Materials12 Embraer Aerospace amp defense M-real Materials13 Cemig Utilities Kone Construction14 Braskem Chemicals SanomaWSOY Media15 Brasil Telecom Telecommunications services Alma Media Media16 Aracruz Celulose Materials17 CBD-Brasil Distribuiccedilatildeo Food markets18 Ipiranga Oil amp gas operations19 CPFL Energia Utilities
Source httpwwweconomywatchcomcompaniesforbes-listbrazilhtmlhttpwwweconomywatchcomcompaniesforbes-listfinlandhtml
Brazil FinlandName of the company and Industry Type
Finland 1 billionaire per 5000000 persons
Brazil 30 billionaires per 200000000 personshellip
ldquoshould haverdquo at least 40 o)
2
ndash Vision
31(c) CCO Consulting Helsinki 260411
The largest banks in Brazil by total assets criteriaThe largest banks in Brazil by total assets criteria
For the For the completecomplete file click herefile click here
2
ndash Vision
32(c) CCO Consulting Helsinki 260411
Brazil NOW Brazil IN THE FUTURE
Brazilacutes Demographic Bonus started in 1999 and it will end in 2034
Demographic window is defined to be that period of time in a nations demographic evolution when the proportion of population of working age group is particularly prominenthellip But this so called demographic bonus (or demographic dividend) remains only a potential advantage as low participation rates (for instance among women) or rampant unemployment may limit the impact of favorable age structures
More at httpenwikipediaorgwikiDemographic_window
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
SEARCH
RECRUITERS
FT LexiconFT Bespoke ForumsMarket researchGrowth companiesCorporate subscriptionsLuxury Travel brochuresAnalyst Research
MBA-DirectcomFT Newspaper subscriptionsFT DiariesFT ConferencesFT Syndication servicesThe Non-Executive Director
Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
FTcom can deliver talented individuals across all industriesaround the worldPost a job now
RELATED SERVICES
FT Home Site map Contact us About us Help
Jobs
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
RECRUITERS
FT Lexicon
FT Bespoke Forums
Market research
Growth companies
Corporate subscriptions
Luxury Travel brochures
Analyst Research
MBA-Directcom
FT Newspaper subscriptions
FT Diaries
FT Conferences
FT Syndication services
The Non-Executive Director
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
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LATEST HEADLINES FROM CNN
Erdogan speaks of brotherhood at rally
US demands answers in death of Iranian dissident
Virginity tests and the abuse of Egypts women
Many questions remain in Pakistani journalists death
Hopes fade for peaceful Arab transition to democracy
More
Consulting Associates (Client Acquisition)
Consulting Associates (Project Management)
FTcom can deliver talented individuals across all industries
around the world
Post a job now
RELATED SERVICES
Jobs
LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
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FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
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delivery to your home of office
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LATEST HEADLINES FROM CNN
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ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
2
ndash Vision
10(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
(NC) amp Portuguese Speaking
Communities
(PSC)
Through
Nordic
Communities Portuguese
Speaking
Communities
can
access
to BRIC called
Through
Portuguese
Speaking
Communities
Nordic
Communities
can
access
to BRIC called
2
ndash Vision
11(c) CCO Consulting Helsinki 260411
Some Relevant DetailsNordic
CommunitiesPortuguese Speaking
Communities
Geography Continuity
Stimulates ldquostandardizationrdquo ldquosisurdquo
Discontinuity
Stimulates
ldquorandomnessrdquo ldquodesenrascarrdquo vaguely related with ldquoto
improviserdquo
Environment HardStimulates
ldquoNo sympathy for failuresrdquo
MildStimulates
ldquoThere is always a second chancehellip
even after the Nth
opportunityhelliprdquo
StateNation First they focus on nation buildinghellip
then the statehellip
Stimulates
ldquoThinking before Actionsrdquo
First they focus creating the statehellip
then the nationhellip
Stimulates
ldquoTalking and Making Lawsrdquo
2
ndash Vision
12(c) CCO Consulting Helsinki 260411
Are we aware of realities such as for example the one of the next slide or do we think that is a problem for OTHERS to solve and we keep on doing ldquobusiness as usualrdquo
2
ndash Vision
13(c) CCO Consulting Helsinki 260411
httpwwwles-crisesfrprix-alimentaires
2
ndash Vision
14(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Power Distance Index (PDI) that is the extent to which the less powerful members of organizations and institutions (like the family) accept and expect that power is distributed unequally This represents inequality (more versus less) but defined from below not from above It suggests that a societys level of inequality is endorsed by the followers as much as by the leaders Power and inequality of course are extremely fundamental facts of any society and anybody with some international experience will be aware that all societies are unequal but some are more unequal than others Individualism (IDV) on the one side versus its opposite collectivism that is the degree to which individuals are inte-grated into groups On the individualist side we find societies in which the ties between individuals are loose everyone is expected to look after himherself and hisher immediate family On the collectivist side we find societies in which people from birth onwards are integrated into strong cohesive in- groups often extended families (with uncles aunts and grandparents) which continue protecting them in exchange for unquestioning loyalty The word collectivism in this sense has no political meaning it refers to the group not to the state Again the issue addressed by this dimension is an extremely fundamental one regarding all societies in the world
2
ndash Vision
15(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Masculinity (MAS) versus its opposite femininity refers to the distribution of roles between the genders which is another fundamental issue for any society to which a range of solutions are found The IBM studies revealed that (a) womens values differ less among societies than mens values (b) mens values from one country to another contain a dimension from very assertive and competitive and maximally different from womens values on the one side to modest and caring and similar to womens values on the other The assertive pole has been called masculine and the modest caring pole feminine The women in feminine countries have the same modest caring values as the men in the masculine countries they are somewhat assertive and competitive but not as much as the men so that these countries show a gap between mens values and womens values
2
ndash Vision
16(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Uncertainty Avoidance Index (UAI) deals with a societys tolerance for uncertainty and ambiguity it ultimately refers to mans search for Truth It indicates to what extent a culture programs its members to feel either uncomfortable or comfortable in unstructured situations Unstructured situations are novel unknown surprising different from usual Uncertainty avoiding cultures try to minimize the possibility of such situations by strict laws and rules safety and security measures and on the philosophical and religious level by a belief in absolute Truth there can only be one Truth and we have it People in uncertainty avoiding countries are also more emotional and motivated by inner nervous energy The opposite type uncertainty accepting cultures are more tolerant of opinions different from what they are used to they try to have as few rules as possible and on the philosophical and religious level they are relativist and allow many currents to flow side by side People within these cultures are more phlegmatic and contemplative and not expected by their environment to express emotions
2
ndash Vision
17(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Long-Term Orientation (LTO) versus short-term orientation this fifth dimension was found in a study among students in 23 countries around the world using a questionnaire designed by Chinese scholars It can be said to deal with Virtue regardless of Truth Values associated with Long Term Orientation are thrift and perseverance values associated with Short Term Orientation are respect for tradition fulfilling social obligations and protecting ones face Both the positively and the negatively rated values of this dimension are found in the teachings of Confucius the most influential Chinese philosopher who lived around 500 BC however the dimension also applies to countries without a Confucian heritage
2
ndash Vision
18(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
2
ndash Vision
19(c) CCO Consulting Helsinki 260411
In case you are not familiar with Geert Hofstede workhellip make sure you do not die with that ignorancehellip why not start NOW
2
ndash Vision
20(c) CCO Consulting Helsinki 260411
How Finland (through Penedo) got involved with rising awareness of Fernando Pessoahellip
2
ndash Vision
21(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallengeLinking
Nordic
Communities
(NC) amp Portuguese Speaking
Communities
(PSC)
PSC = 6th in
world
today 4th in
2050
Facts
PSC = Largest
in
the south
hemisphere
NC = Population
of Mozambique
= Territory
of Angola = 70 GDP of Brazil
Finland amp Brazil = Dignity
of Women
What
Unites
Finland amp Brazil = Cultural RichnessFinland amp Brazil = Environment
Awareness
Finland rarr Brazil = Population
Optimization
Sources
o Mutual Learning
Brazil rarr Finland = TEAMNEURSHIP (entrepreneur
amp intrapreneur)
Finland rarr Brazil = Resource
Use Solutions
Brazil rarr Finland = HUGE MARKETFinland rarr Brazil = On
competition
and cooperation
Brazil rarr Finland = HUGE RELIABLE SUPPLIER
2
ndash Vision
22(c) CCO Consulting Helsinki 260411
Snapshots about Brazil
Fast Forward
2
ndash Vision
23(c) CCO Consulting Helsinki 260411
GDP GDP ComparingAbsolute Population per capita with Portugal
Sweden 444600000000 9059651 49075 235Finland 232000000000 5250275 44188 212Norway 413500000000 4660539 88724 425Iceland 12770000000 306694 41638 199Denmark 305600000000 5500510 55558 266Portugal 223700000000 10707924 20891 100
Nordic Countries 1408470000000 56844Nordic Countries GDP 696 as of Brazil GDP 2024000000000Nordic Countries Population 24777669 Brazil Population 203429773 Brazil GDP pc 9949Nordic Countries GDP is 5713 of the Brazil GDP pcGDP of Portugal with the average GDP of Nordic CountriesPortuguese anual GDP Waste
Source httpenwikipediaorgwikiList_of_countries_by_GDP_28nominal29 030511 GDPhttpswwwciagovlibrarypublicationsthe-world-factbookgeosbrhtml 030511 Population
608684768381384984768381
USD 2010
2
ndash Vision
24(c) CCO Consulting Helsinki 260411
Have Fun with Samba
Be Careful with Security
2
ndash Vision
25(c) CCO Consulting Helsinki 260411
Average Growth Rates of Brazil
1998-2002 17
2003-2008 42
2009-2014 45 (expected of course)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
26(c) CCO Consulting Helsinki 260411
UNCTAD survey 2010-2012 shows Brazil being the THIRD country to be the priority for investment (FDI) from Multinational Companies
First
Second
Fourth
Fifth
So BRICs on the TOP of course
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
27(c) CCO Consulting Helsinki 260411
Brazil a economy with low credit as percentage of GDP
Source Eduardo Giannetti (Insper-SP)
A+B C D+E Total2003 13 66 96 1752009 20 95 73 1882014 31 113 56 200
millions of persons
A+B C D+E2003 7 38 552009 11 51 392014 16 57 28
Brazil MiracleSource Eduardo Giannetti (Insper-SP)
Class
Class
Source Eduardo Giannetti (Insper-SP)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
30(c) CCO Consulting Helsinki 260411
Complementing the two economies the largest companies
1 Petrobras-Petroacuteleo Brasil Oil amp gas operations Nokia Technology hardware amp equipment2 Banco do Brasil Banking Sampo Insurance3 Banco Bradesco Banking Fortum Oil amp gas operations4 Vale do Rio Doce Materials UPM-Kymmene Materials5 Itauacute Banking Stora Enso Materials6 Unibanco Group Banking Neste Oil Oil amp gas operations7 Eletrobraacutes Utilities OKO Bank Banking8 Usiminas Materials Rautaruukki Materials9 CSN-Cia Siderurgica Materials Metso Capital goods
10 Tele Norte Leste Telecommunications services Kesko Group Food markets11 Metalurgica Gerdau Materials Outokumpu Materials12 Embraer Aerospace amp defense M-real Materials13 Cemig Utilities Kone Construction14 Braskem Chemicals SanomaWSOY Media15 Brasil Telecom Telecommunications services Alma Media Media16 Aracruz Celulose Materials17 CBD-Brasil Distribuiccedilatildeo Food markets18 Ipiranga Oil amp gas operations19 CPFL Energia Utilities
Source httpwwweconomywatchcomcompaniesforbes-listbrazilhtmlhttpwwweconomywatchcomcompaniesforbes-listfinlandhtml
Brazil FinlandName of the company and Industry Type
Finland 1 billionaire per 5000000 persons
Brazil 30 billionaires per 200000000 personshellip
ldquoshould haverdquo at least 40 o)
2
ndash Vision
31(c) CCO Consulting Helsinki 260411
The largest banks in Brazil by total assets criteriaThe largest banks in Brazil by total assets criteria
For the For the completecomplete file click herefile click here
2
ndash Vision
32(c) CCO Consulting Helsinki 260411
Brazil NOW Brazil IN THE FUTURE
Brazilacutes Demographic Bonus started in 1999 and it will end in 2034
Demographic window is defined to be that period of time in a nations demographic evolution when the proportion of population of working age group is particularly prominenthellip But this so called demographic bonus (or demographic dividend) remains only a potential advantage as low participation rates (for instance among women) or rampant unemployment may limit the impact of favorable age structures
More at httpenwikipediaorgwikiDemographic_window
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
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copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
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Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
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2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
RECRUITERS
FT Lexicon
FT Bespoke Forums
Market research
Growth companies
Corporate subscriptions
Luxury Travel brochures
Analyst Research
MBA-Directcom
FT Newspaper subscriptions
FT Diaries
FT Conferences
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RELATED SERVICES
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LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
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Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
To comment you must sign in or register
Sign in Register
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EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
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SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
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Netanyahu lays out peace terms
Children join desperate flight from Syria
NATO chopper crashes in Afghanistan
Mubarak faces charges for corruption deaths
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Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
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- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
2
ndash Vision
11(c) CCO Consulting Helsinki 260411
Some Relevant DetailsNordic
CommunitiesPortuguese Speaking
Communities
Geography Continuity
Stimulates ldquostandardizationrdquo ldquosisurdquo
Discontinuity
Stimulates
ldquorandomnessrdquo ldquodesenrascarrdquo vaguely related with ldquoto
improviserdquo
Environment HardStimulates
ldquoNo sympathy for failuresrdquo
MildStimulates
ldquoThere is always a second chancehellip
even after the Nth
opportunityhelliprdquo
StateNation First they focus on nation buildinghellip
then the statehellip
Stimulates
ldquoThinking before Actionsrdquo
First they focus creating the statehellip
then the nationhellip
Stimulates
ldquoTalking and Making Lawsrdquo
2
ndash Vision
12(c) CCO Consulting Helsinki 260411
Are we aware of realities such as for example the one of the next slide or do we think that is a problem for OTHERS to solve and we keep on doing ldquobusiness as usualrdquo
2
ndash Vision
13(c) CCO Consulting Helsinki 260411
httpwwwles-crisesfrprix-alimentaires
2
ndash Vision
14(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Power Distance Index (PDI) that is the extent to which the less powerful members of organizations and institutions (like the family) accept and expect that power is distributed unequally This represents inequality (more versus less) but defined from below not from above It suggests that a societys level of inequality is endorsed by the followers as much as by the leaders Power and inequality of course are extremely fundamental facts of any society and anybody with some international experience will be aware that all societies are unequal but some are more unequal than others Individualism (IDV) on the one side versus its opposite collectivism that is the degree to which individuals are inte-grated into groups On the individualist side we find societies in which the ties between individuals are loose everyone is expected to look after himherself and hisher immediate family On the collectivist side we find societies in which people from birth onwards are integrated into strong cohesive in- groups often extended families (with uncles aunts and grandparents) which continue protecting them in exchange for unquestioning loyalty The word collectivism in this sense has no political meaning it refers to the group not to the state Again the issue addressed by this dimension is an extremely fundamental one regarding all societies in the world
2
ndash Vision
15(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Masculinity (MAS) versus its opposite femininity refers to the distribution of roles between the genders which is another fundamental issue for any society to which a range of solutions are found The IBM studies revealed that (a) womens values differ less among societies than mens values (b) mens values from one country to another contain a dimension from very assertive and competitive and maximally different from womens values on the one side to modest and caring and similar to womens values on the other The assertive pole has been called masculine and the modest caring pole feminine The women in feminine countries have the same modest caring values as the men in the masculine countries they are somewhat assertive and competitive but not as much as the men so that these countries show a gap between mens values and womens values
2
ndash Vision
16(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Uncertainty Avoidance Index (UAI) deals with a societys tolerance for uncertainty and ambiguity it ultimately refers to mans search for Truth It indicates to what extent a culture programs its members to feel either uncomfortable or comfortable in unstructured situations Unstructured situations are novel unknown surprising different from usual Uncertainty avoiding cultures try to minimize the possibility of such situations by strict laws and rules safety and security measures and on the philosophical and religious level by a belief in absolute Truth there can only be one Truth and we have it People in uncertainty avoiding countries are also more emotional and motivated by inner nervous energy The opposite type uncertainty accepting cultures are more tolerant of opinions different from what they are used to they try to have as few rules as possible and on the philosophical and religious level they are relativist and allow many currents to flow side by side People within these cultures are more phlegmatic and contemplative and not expected by their environment to express emotions
2
ndash Vision
17(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Long-Term Orientation (LTO) versus short-term orientation this fifth dimension was found in a study among students in 23 countries around the world using a questionnaire designed by Chinese scholars It can be said to deal with Virtue regardless of Truth Values associated with Long Term Orientation are thrift and perseverance values associated with Short Term Orientation are respect for tradition fulfilling social obligations and protecting ones face Both the positively and the negatively rated values of this dimension are found in the teachings of Confucius the most influential Chinese philosopher who lived around 500 BC however the dimension also applies to countries without a Confucian heritage
2
ndash Vision
18(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
2
ndash Vision
19(c) CCO Consulting Helsinki 260411
In case you are not familiar with Geert Hofstede workhellip make sure you do not die with that ignorancehellip why not start NOW
2
ndash Vision
20(c) CCO Consulting Helsinki 260411
How Finland (through Penedo) got involved with rising awareness of Fernando Pessoahellip
2
ndash Vision
21(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallengeLinking
Nordic
Communities
(NC) amp Portuguese Speaking
Communities
(PSC)
PSC = 6th in
world
today 4th in
2050
Facts
PSC = Largest
in
the south
hemisphere
NC = Population
of Mozambique
= Territory
of Angola = 70 GDP of Brazil
Finland amp Brazil = Dignity
of Women
What
Unites
Finland amp Brazil = Cultural RichnessFinland amp Brazil = Environment
Awareness
Finland rarr Brazil = Population
Optimization
Sources
o Mutual Learning
Brazil rarr Finland = TEAMNEURSHIP (entrepreneur
amp intrapreneur)
Finland rarr Brazil = Resource
Use Solutions
Brazil rarr Finland = HUGE MARKETFinland rarr Brazil = On
competition
and cooperation
Brazil rarr Finland = HUGE RELIABLE SUPPLIER
2
ndash Vision
22(c) CCO Consulting Helsinki 260411
Snapshots about Brazil
Fast Forward
2
ndash Vision
23(c) CCO Consulting Helsinki 260411
GDP GDP ComparingAbsolute Population per capita with Portugal
Sweden 444600000000 9059651 49075 235Finland 232000000000 5250275 44188 212Norway 413500000000 4660539 88724 425Iceland 12770000000 306694 41638 199Denmark 305600000000 5500510 55558 266Portugal 223700000000 10707924 20891 100
Nordic Countries 1408470000000 56844Nordic Countries GDP 696 as of Brazil GDP 2024000000000Nordic Countries Population 24777669 Brazil Population 203429773 Brazil GDP pc 9949Nordic Countries GDP is 5713 of the Brazil GDP pcGDP of Portugal with the average GDP of Nordic CountriesPortuguese anual GDP Waste
Source httpenwikipediaorgwikiList_of_countries_by_GDP_28nominal29 030511 GDPhttpswwwciagovlibrarypublicationsthe-world-factbookgeosbrhtml 030511 Population
608684768381384984768381
USD 2010
2
ndash Vision
24(c) CCO Consulting Helsinki 260411
Have Fun with Samba
Be Careful with Security
2
ndash Vision
25(c) CCO Consulting Helsinki 260411
Average Growth Rates of Brazil
1998-2002 17
2003-2008 42
2009-2014 45 (expected of course)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
26(c) CCO Consulting Helsinki 260411
UNCTAD survey 2010-2012 shows Brazil being the THIRD country to be the priority for investment (FDI) from Multinational Companies
First
Second
Fourth
Fifth
So BRICs on the TOP of course
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
27(c) CCO Consulting Helsinki 260411
Brazil a economy with low credit as percentage of GDP
Source Eduardo Giannetti (Insper-SP)
A+B C D+E Total2003 13 66 96 1752009 20 95 73 1882014 31 113 56 200
millions of persons
A+B C D+E2003 7 38 552009 11 51 392014 16 57 28
Brazil MiracleSource Eduardo Giannetti (Insper-SP)
Class
Class
Source Eduardo Giannetti (Insper-SP)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
30(c) CCO Consulting Helsinki 260411
Complementing the two economies the largest companies
1 Petrobras-Petroacuteleo Brasil Oil amp gas operations Nokia Technology hardware amp equipment2 Banco do Brasil Banking Sampo Insurance3 Banco Bradesco Banking Fortum Oil amp gas operations4 Vale do Rio Doce Materials UPM-Kymmene Materials5 Itauacute Banking Stora Enso Materials6 Unibanco Group Banking Neste Oil Oil amp gas operations7 Eletrobraacutes Utilities OKO Bank Banking8 Usiminas Materials Rautaruukki Materials9 CSN-Cia Siderurgica Materials Metso Capital goods
10 Tele Norte Leste Telecommunications services Kesko Group Food markets11 Metalurgica Gerdau Materials Outokumpu Materials12 Embraer Aerospace amp defense M-real Materials13 Cemig Utilities Kone Construction14 Braskem Chemicals SanomaWSOY Media15 Brasil Telecom Telecommunications services Alma Media Media16 Aracruz Celulose Materials17 CBD-Brasil Distribuiccedilatildeo Food markets18 Ipiranga Oil amp gas operations19 CPFL Energia Utilities
Source httpwwweconomywatchcomcompaniesforbes-listbrazilhtmlhttpwwweconomywatchcomcompaniesforbes-listfinlandhtml
Brazil FinlandName of the company and Industry Type
Finland 1 billionaire per 5000000 persons
Brazil 30 billionaires per 200000000 personshellip
ldquoshould haverdquo at least 40 o)
2
ndash Vision
31(c) CCO Consulting Helsinki 260411
The largest banks in Brazil by total assets criteriaThe largest banks in Brazil by total assets criteria
For the For the completecomplete file click herefile click here
2
ndash Vision
32(c) CCO Consulting Helsinki 260411
Brazil NOW Brazil IN THE FUTURE
Brazilacutes Demographic Bonus started in 1999 and it will end in 2034
Demographic window is defined to be that period of time in a nations demographic evolution when the proportion of population of working age group is particularly prominenthellip But this so called demographic bonus (or demographic dividend) remains only a potential advantage as low participation rates (for instance among women) or rampant unemployment may limit the impact of favorable age structures
More at httpenwikipediaorgwikiDemographic_window
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
SEARCH
RECRUITERS
FT LexiconFT Bespoke ForumsMarket researchGrowth companiesCorporate subscriptionsLuxury Travel brochuresAnalyst Research
MBA-DirectcomFT Newspaper subscriptionsFT DiariesFT ConferencesFT Syndication servicesThe Non-Executive Director
Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
FTcom can deliver talented individuals across all industriesaround the worldPost a job now
RELATED SERVICES
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Jobs
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
RECRUITERS
FT Lexicon
FT Bespoke Forums
Market research
Growth companies
Corporate subscriptions
Luxury Travel brochures
Analyst Research
MBA-Directcom
FT Newspaper subscriptions
FT Diaries
FT Conferences
FT Syndication services
The Non-Executive Director
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
Erdogan speaks of brotherhood at rally
US demands answers in death of Iranian dissident
Virginity tests and the abuse of Egypts women
Many questions remain in Pakistani journalists death
Hopes fade for peaceful Arab transition to democracy
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Consulting Associates (Project Management)
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around the world
Post a job now
RELATED SERVICES
Jobs
LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
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Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
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Sign in Register
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Internal Control Manager - MediaMedia Entertainment Advertising
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Jobs
EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
SEARCH
RECRUITERS
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
US hits firms working with Iran
Netanyahu lays out peace terms
Children join desperate flight from Syria
NATO chopper crashes in Afghanistan
Mubarak faces charges for corruption deaths
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Consulting Associates (Project Management)
Consulting Associates (Client Acquisition)
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FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
2
ndash Vision
12(c) CCO Consulting Helsinki 260411
Are we aware of realities such as for example the one of the next slide or do we think that is a problem for OTHERS to solve and we keep on doing ldquobusiness as usualrdquo
2
ndash Vision
13(c) CCO Consulting Helsinki 260411
httpwwwles-crisesfrprix-alimentaires
2
ndash Vision
14(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Power Distance Index (PDI) that is the extent to which the less powerful members of organizations and institutions (like the family) accept and expect that power is distributed unequally This represents inequality (more versus less) but defined from below not from above It suggests that a societys level of inequality is endorsed by the followers as much as by the leaders Power and inequality of course are extremely fundamental facts of any society and anybody with some international experience will be aware that all societies are unequal but some are more unequal than others Individualism (IDV) on the one side versus its opposite collectivism that is the degree to which individuals are inte-grated into groups On the individualist side we find societies in which the ties between individuals are loose everyone is expected to look after himherself and hisher immediate family On the collectivist side we find societies in which people from birth onwards are integrated into strong cohesive in- groups often extended families (with uncles aunts and grandparents) which continue protecting them in exchange for unquestioning loyalty The word collectivism in this sense has no political meaning it refers to the group not to the state Again the issue addressed by this dimension is an extremely fundamental one regarding all societies in the world
2
ndash Vision
15(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Masculinity (MAS) versus its opposite femininity refers to the distribution of roles between the genders which is another fundamental issue for any society to which a range of solutions are found The IBM studies revealed that (a) womens values differ less among societies than mens values (b) mens values from one country to another contain a dimension from very assertive and competitive and maximally different from womens values on the one side to modest and caring and similar to womens values on the other The assertive pole has been called masculine and the modest caring pole feminine The women in feminine countries have the same modest caring values as the men in the masculine countries they are somewhat assertive and competitive but not as much as the men so that these countries show a gap between mens values and womens values
2
ndash Vision
16(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Uncertainty Avoidance Index (UAI) deals with a societys tolerance for uncertainty and ambiguity it ultimately refers to mans search for Truth It indicates to what extent a culture programs its members to feel either uncomfortable or comfortable in unstructured situations Unstructured situations are novel unknown surprising different from usual Uncertainty avoiding cultures try to minimize the possibility of such situations by strict laws and rules safety and security measures and on the philosophical and religious level by a belief in absolute Truth there can only be one Truth and we have it People in uncertainty avoiding countries are also more emotional and motivated by inner nervous energy The opposite type uncertainty accepting cultures are more tolerant of opinions different from what they are used to they try to have as few rules as possible and on the philosophical and religious level they are relativist and allow many currents to flow side by side People within these cultures are more phlegmatic and contemplative and not expected by their environment to express emotions
2
ndash Vision
17(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Long-Term Orientation (LTO) versus short-term orientation this fifth dimension was found in a study among students in 23 countries around the world using a questionnaire designed by Chinese scholars It can be said to deal with Virtue regardless of Truth Values associated with Long Term Orientation are thrift and perseverance values associated with Short Term Orientation are respect for tradition fulfilling social obligations and protecting ones face Both the positively and the negatively rated values of this dimension are found in the teachings of Confucius the most influential Chinese philosopher who lived around 500 BC however the dimension also applies to countries without a Confucian heritage
2
ndash Vision
18(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
2
ndash Vision
19(c) CCO Consulting Helsinki 260411
In case you are not familiar with Geert Hofstede workhellip make sure you do not die with that ignorancehellip why not start NOW
2
ndash Vision
20(c) CCO Consulting Helsinki 260411
How Finland (through Penedo) got involved with rising awareness of Fernando Pessoahellip
2
ndash Vision
21(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallengeLinking
Nordic
Communities
(NC) amp Portuguese Speaking
Communities
(PSC)
PSC = 6th in
world
today 4th in
2050
Facts
PSC = Largest
in
the south
hemisphere
NC = Population
of Mozambique
= Territory
of Angola = 70 GDP of Brazil
Finland amp Brazil = Dignity
of Women
What
Unites
Finland amp Brazil = Cultural RichnessFinland amp Brazil = Environment
Awareness
Finland rarr Brazil = Population
Optimization
Sources
o Mutual Learning
Brazil rarr Finland = TEAMNEURSHIP (entrepreneur
amp intrapreneur)
Finland rarr Brazil = Resource
Use Solutions
Brazil rarr Finland = HUGE MARKETFinland rarr Brazil = On
competition
and cooperation
Brazil rarr Finland = HUGE RELIABLE SUPPLIER
2
ndash Vision
22(c) CCO Consulting Helsinki 260411
Snapshots about Brazil
Fast Forward
2
ndash Vision
23(c) CCO Consulting Helsinki 260411
GDP GDP ComparingAbsolute Population per capita with Portugal
Sweden 444600000000 9059651 49075 235Finland 232000000000 5250275 44188 212Norway 413500000000 4660539 88724 425Iceland 12770000000 306694 41638 199Denmark 305600000000 5500510 55558 266Portugal 223700000000 10707924 20891 100
Nordic Countries 1408470000000 56844Nordic Countries GDP 696 as of Brazil GDP 2024000000000Nordic Countries Population 24777669 Brazil Population 203429773 Brazil GDP pc 9949Nordic Countries GDP is 5713 of the Brazil GDP pcGDP of Portugal with the average GDP of Nordic CountriesPortuguese anual GDP Waste
Source httpenwikipediaorgwikiList_of_countries_by_GDP_28nominal29 030511 GDPhttpswwwciagovlibrarypublicationsthe-world-factbookgeosbrhtml 030511 Population
608684768381384984768381
USD 2010
2
ndash Vision
24(c) CCO Consulting Helsinki 260411
Have Fun with Samba
Be Careful with Security
2
ndash Vision
25(c) CCO Consulting Helsinki 260411
Average Growth Rates of Brazil
1998-2002 17
2003-2008 42
2009-2014 45 (expected of course)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
26(c) CCO Consulting Helsinki 260411
UNCTAD survey 2010-2012 shows Brazil being the THIRD country to be the priority for investment (FDI) from Multinational Companies
First
Second
Fourth
Fifth
So BRICs on the TOP of course
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
27(c) CCO Consulting Helsinki 260411
Brazil a economy with low credit as percentage of GDP
Source Eduardo Giannetti (Insper-SP)
A+B C D+E Total2003 13 66 96 1752009 20 95 73 1882014 31 113 56 200
millions of persons
A+B C D+E2003 7 38 552009 11 51 392014 16 57 28
Brazil MiracleSource Eduardo Giannetti (Insper-SP)
Class
Class
Source Eduardo Giannetti (Insper-SP)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
30(c) CCO Consulting Helsinki 260411
Complementing the two economies the largest companies
1 Petrobras-Petroacuteleo Brasil Oil amp gas operations Nokia Technology hardware amp equipment2 Banco do Brasil Banking Sampo Insurance3 Banco Bradesco Banking Fortum Oil amp gas operations4 Vale do Rio Doce Materials UPM-Kymmene Materials5 Itauacute Banking Stora Enso Materials6 Unibanco Group Banking Neste Oil Oil amp gas operations7 Eletrobraacutes Utilities OKO Bank Banking8 Usiminas Materials Rautaruukki Materials9 CSN-Cia Siderurgica Materials Metso Capital goods
10 Tele Norte Leste Telecommunications services Kesko Group Food markets11 Metalurgica Gerdau Materials Outokumpu Materials12 Embraer Aerospace amp defense M-real Materials13 Cemig Utilities Kone Construction14 Braskem Chemicals SanomaWSOY Media15 Brasil Telecom Telecommunications services Alma Media Media16 Aracruz Celulose Materials17 CBD-Brasil Distribuiccedilatildeo Food markets18 Ipiranga Oil amp gas operations19 CPFL Energia Utilities
Source httpwwweconomywatchcomcompaniesforbes-listbrazilhtmlhttpwwweconomywatchcomcompaniesforbes-listfinlandhtml
Brazil FinlandName of the company and Industry Type
Finland 1 billionaire per 5000000 persons
Brazil 30 billionaires per 200000000 personshellip
ldquoshould haverdquo at least 40 o)
2
ndash Vision
31(c) CCO Consulting Helsinki 260411
The largest banks in Brazil by total assets criteriaThe largest banks in Brazil by total assets criteria
For the For the completecomplete file click herefile click here
2
ndash Vision
32(c) CCO Consulting Helsinki 260411
Brazil NOW Brazil IN THE FUTURE
Brazilacutes Demographic Bonus started in 1999 and it will end in 2034
Demographic window is defined to be that period of time in a nations demographic evolution when the proportion of population of working age group is particularly prominenthellip But this so called demographic bonus (or demographic dividend) remains only a potential advantage as low participation rates (for instance among women) or rampant unemployment may limit the impact of favorable age structures
More at httpenwikipediaorgwikiDemographic_window
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
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reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
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FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
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RELATED SERVICES
Jobs
LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
To comment you must sign in or register
Sign in Register
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US hits firms working with IranVolcanic ash cloud to close Berlin airportsSuicide bomber attacks Pakistan policeJordan Interim council represents LibyansChina keeps mum on N Korean leaders visit
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Internal Control Manager - MediaMedia Entertainment Advertising
Chief of Staff
Financial Services
FTcom can deliver talented individuals across all industriesaround the worldPost a job now
Jobs
EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
SEARCH
RECRUITERS
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
US hits firms working with Iran
Netanyahu lays out peace terms
Children join desperate flight from Syria
NATO chopper crashes in Afghanistan
Mubarak faces charges for corruption deaths
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FTcom can deliver talented individuals across all industries
around the world
Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
2
ndash Vision
13(c) CCO Consulting Helsinki 260411
httpwwwles-crisesfrprix-alimentaires
2
ndash Vision
14(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Power Distance Index (PDI) that is the extent to which the less powerful members of organizations and institutions (like the family) accept and expect that power is distributed unequally This represents inequality (more versus less) but defined from below not from above It suggests that a societys level of inequality is endorsed by the followers as much as by the leaders Power and inequality of course are extremely fundamental facts of any society and anybody with some international experience will be aware that all societies are unequal but some are more unequal than others Individualism (IDV) on the one side versus its opposite collectivism that is the degree to which individuals are inte-grated into groups On the individualist side we find societies in which the ties between individuals are loose everyone is expected to look after himherself and hisher immediate family On the collectivist side we find societies in which people from birth onwards are integrated into strong cohesive in- groups often extended families (with uncles aunts and grandparents) which continue protecting them in exchange for unquestioning loyalty The word collectivism in this sense has no political meaning it refers to the group not to the state Again the issue addressed by this dimension is an extremely fundamental one regarding all societies in the world
2
ndash Vision
15(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Masculinity (MAS) versus its opposite femininity refers to the distribution of roles between the genders which is another fundamental issue for any society to which a range of solutions are found The IBM studies revealed that (a) womens values differ less among societies than mens values (b) mens values from one country to another contain a dimension from very assertive and competitive and maximally different from womens values on the one side to modest and caring and similar to womens values on the other The assertive pole has been called masculine and the modest caring pole feminine The women in feminine countries have the same modest caring values as the men in the masculine countries they are somewhat assertive and competitive but not as much as the men so that these countries show a gap between mens values and womens values
2
ndash Vision
16(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Uncertainty Avoidance Index (UAI) deals with a societys tolerance for uncertainty and ambiguity it ultimately refers to mans search for Truth It indicates to what extent a culture programs its members to feel either uncomfortable or comfortable in unstructured situations Unstructured situations are novel unknown surprising different from usual Uncertainty avoiding cultures try to minimize the possibility of such situations by strict laws and rules safety and security measures and on the philosophical and religious level by a belief in absolute Truth there can only be one Truth and we have it People in uncertainty avoiding countries are also more emotional and motivated by inner nervous energy The opposite type uncertainty accepting cultures are more tolerant of opinions different from what they are used to they try to have as few rules as possible and on the philosophical and religious level they are relativist and allow many currents to flow side by side People within these cultures are more phlegmatic and contemplative and not expected by their environment to express emotions
2
ndash Vision
17(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Long-Term Orientation (LTO) versus short-term orientation this fifth dimension was found in a study among students in 23 countries around the world using a questionnaire designed by Chinese scholars It can be said to deal with Virtue regardless of Truth Values associated with Long Term Orientation are thrift and perseverance values associated with Short Term Orientation are respect for tradition fulfilling social obligations and protecting ones face Both the positively and the negatively rated values of this dimension are found in the teachings of Confucius the most influential Chinese philosopher who lived around 500 BC however the dimension also applies to countries without a Confucian heritage
2
ndash Vision
18(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
2
ndash Vision
19(c) CCO Consulting Helsinki 260411
In case you are not familiar with Geert Hofstede workhellip make sure you do not die with that ignorancehellip why not start NOW
2
ndash Vision
20(c) CCO Consulting Helsinki 260411
How Finland (through Penedo) got involved with rising awareness of Fernando Pessoahellip
2
ndash Vision
21(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallengeLinking
Nordic
Communities
(NC) amp Portuguese Speaking
Communities
(PSC)
PSC = 6th in
world
today 4th in
2050
Facts
PSC = Largest
in
the south
hemisphere
NC = Population
of Mozambique
= Territory
of Angola = 70 GDP of Brazil
Finland amp Brazil = Dignity
of Women
What
Unites
Finland amp Brazil = Cultural RichnessFinland amp Brazil = Environment
Awareness
Finland rarr Brazil = Population
Optimization
Sources
o Mutual Learning
Brazil rarr Finland = TEAMNEURSHIP (entrepreneur
amp intrapreneur)
Finland rarr Brazil = Resource
Use Solutions
Brazil rarr Finland = HUGE MARKETFinland rarr Brazil = On
competition
and cooperation
Brazil rarr Finland = HUGE RELIABLE SUPPLIER
2
ndash Vision
22(c) CCO Consulting Helsinki 260411
Snapshots about Brazil
Fast Forward
2
ndash Vision
23(c) CCO Consulting Helsinki 260411
GDP GDP ComparingAbsolute Population per capita with Portugal
Sweden 444600000000 9059651 49075 235Finland 232000000000 5250275 44188 212Norway 413500000000 4660539 88724 425Iceland 12770000000 306694 41638 199Denmark 305600000000 5500510 55558 266Portugal 223700000000 10707924 20891 100
Nordic Countries 1408470000000 56844Nordic Countries GDP 696 as of Brazil GDP 2024000000000Nordic Countries Population 24777669 Brazil Population 203429773 Brazil GDP pc 9949Nordic Countries GDP is 5713 of the Brazil GDP pcGDP of Portugal with the average GDP of Nordic CountriesPortuguese anual GDP Waste
Source httpenwikipediaorgwikiList_of_countries_by_GDP_28nominal29 030511 GDPhttpswwwciagovlibrarypublicationsthe-world-factbookgeosbrhtml 030511 Population
608684768381384984768381
USD 2010
2
ndash Vision
24(c) CCO Consulting Helsinki 260411
Have Fun with Samba
Be Careful with Security
2
ndash Vision
25(c) CCO Consulting Helsinki 260411
Average Growth Rates of Brazil
1998-2002 17
2003-2008 42
2009-2014 45 (expected of course)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
26(c) CCO Consulting Helsinki 260411
UNCTAD survey 2010-2012 shows Brazil being the THIRD country to be the priority for investment (FDI) from Multinational Companies
First
Second
Fourth
Fifth
So BRICs on the TOP of course
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
27(c) CCO Consulting Helsinki 260411
Brazil a economy with low credit as percentage of GDP
Source Eduardo Giannetti (Insper-SP)
A+B C D+E Total2003 13 66 96 1752009 20 95 73 1882014 31 113 56 200
millions of persons
A+B C D+E2003 7 38 552009 11 51 392014 16 57 28
Brazil MiracleSource Eduardo Giannetti (Insper-SP)
Class
Class
Source Eduardo Giannetti (Insper-SP)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
30(c) CCO Consulting Helsinki 260411
Complementing the two economies the largest companies
1 Petrobras-Petroacuteleo Brasil Oil amp gas operations Nokia Technology hardware amp equipment2 Banco do Brasil Banking Sampo Insurance3 Banco Bradesco Banking Fortum Oil amp gas operations4 Vale do Rio Doce Materials UPM-Kymmene Materials5 Itauacute Banking Stora Enso Materials6 Unibanco Group Banking Neste Oil Oil amp gas operations7 Eletrobraacutes Utilities OKO Bank Banking8 Usiminas Materials Rautaruukki Materials9 CSN-Cia Siderurgica Materials Metso Capital goods
10 Tele Norte Leste Telecommunications services Kesko Group Food markets11 Metalurgica Gerdau Materials Outokumpu Materials12 Embraer Aerospace amp defense M-real Materials13 Cemig Utilities Kone Construction14 Braskem Chemicals SanomaWSOY Media15 Brasil Telecom Telecommunications services Alma Media Media16 Aracruz Celulose Materials17 CBD-Brasil Distribuiccedilatildeo Food markets18 Ipiranga Oil amp gas operations19 CPFL Energia Utilities
Source httpwwweconomywatchcomcompaniesforbes-listbrazilhtmlhttpwwweconomywatchcomcompaniesforbes-listfinlandhtml
Brazil FinlandName of the company and Industry Type
Finland 1 billionaire per 5000000 persons
Brazil 30 billionaires per 200000000 personshellip
ldquoshould haverdquo at least 40 o)
2
ndash Vision
31(c) CCO Consulting Helsinki 260411
The largest banks in Brazil by total assets criteriaThe largest banks in Brazil by total assets criteria
For the For the completecomplete file click herefile click here
2
ndash Vision
32(c) CCO Consulting Helsinki 260411
Brazil NOW Brazil IN THE FUTURE
Brazilacutes Demographic Bonus started in 1999 and it will end in 2034
Demographic window is defined to be that period of time in a nations demographic evolution when the proportion of population of working age group is particularly prominenthellip But this so called demographic bonus (or demographic dividend) remains only a potential advantage as low participation rates (for instance among women) or rampant unemployment may limit the impact of favorable age structures
More at httpenwikipediaorgwikiDemographic_window
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
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FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
RECRUITERS
FT Lexicon
FT Bespoke Forums
Market research
Growth companies
Corporate subscriptions
Luxury Travel brochures
Analyst Research
MBA-Directcom
FT Newspaper subscriptions
FT Diaries
FT Conferences
FT Syndication services
The Non-Executive Director
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
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LATEST HEADLINES FROM CNN
Erdogan speaks of brotherhood at rally
US demands answers in death of Iranian dissident
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Many questions remain in Pakistani journalists death
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RELATED SERVICES
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LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
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Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
To comment you must sign in or register
Sign in Register
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Internal Control Manager - MediaMedia Entertainment Advertising
Chief of Staff
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Jobs
EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
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RECRUITERS
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
US hits firms working with Iran
Netanyahu lays out peace terms
Children join desperate flight from Syria
NATO chopper crashes in Afghanistan
Mubarak faces charges for corruption deaths
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Consulting Associates (Client Acquisition)
FTcom can deliver talented individuals across all industries
around the world
Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
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- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
2
ndash Vision
14(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Power Distance Index (PDI) that is the extent to which the less powerful members of organizations and institutions (like the family) accept and expect that power is distributed unequally This represents inequality (more versus less) but defined from below not from above It suggests that a societys level of inequality is endorsed by the followers as much as by the leaders Power and inequality of course are extremely fundamental facts of any society and anybody with some international experience will be aware that all societies are unequal but some are more unequal than others Individualism (IDV) on the one side versus its opposite collectivism that is the degree to which individuals are inte-grated into groups On the individualist side we find societies in which the ties between individuals are loose everyone is expected to look after himherself and hisher immediate family On the collectivist side we find societies in which people from birth onwards are integrated into strong cohesive in- groups often extended families (with uncles aunts and grandparents) which continue protecting them in exchange for unquestioning loyalty The word collectivism in this sense has no political meaning it refers to the group not to the state Again the issue addressed by this dimension is an extremely fundamental one regarding all societies in the world
2
ndash Vision
15(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Masculinity (MAS) versus its opposite femininity refers to the distribution of roles between the genders which is another fundamental issue for any society to which a range of solutions are found The IBM studies revealed that (a) womens values differ less among societies than mens values (b) mens values from one country to another contain a dimension from very assertive and competitive and maximally different from womens values on the one side to modest and caring and similar to womens values on the other The assertive pole has been called masculine and the modest caring pole feminine The women in feminine countries have the same modest caring values as the men in the masculine countries they are somewhat assertive and competitive but not as much as the men so that these countries show a gap between mens values and womens values
2
ndash Vision
16(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Uncertainty Avoidance Index (UAI) deals with a societys tolerance for uncertainty and ambiguity it ultimately refers to mans search for Truth It indicates to what extent a culture programs its members to feel either uncomfortable or comfortable in unstructured situations Unstructured situations are novel unknown surprising different from usual Uncertainty avoiding cultures try to minimize the possibility of such situations by strict laws and rules safety and security measures and on the philosophical and religious level by a belief in absolute Truth there can only be one Truth and we have it People in uncertainty avoiding countries are also more emotional and motivated by inner nervous energy The opposite type uncertainty accepting cultures are more tolerant of opinions different from what they are used to they try to have as few rules as possible and on the philosophical and religious level they are relativist and allow many currents to flow side by side People within these cultures are more phlegmatic and contemplative and not expected by their environment to express emotions
2
ndash Vision
17(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Long-Term Orientation (LTO) versus short-term orientation this fifth dimension was found in a study among students in 23 countries around the world using a questionnaire designed by Chinese scholars It can be said to deal with Virtue regardless of Truth Values associated with Long Term Orientation are thrift and perseverance values associated with Short Term Orientation are respect for tradition fulfilling social obligations and protecting ones face Both the positively and the negatively rated values of this dimension are found in the teachings of Confucius the most influential Chinese philosopher who lived around 500 BC however the dimension also applies to countries without a Confucian heritage
2
ndash Vision
18(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
2
ndash Vision
19(c) CCO Consulting Helsinki 260411
In case you are not familiar with Geert Hofstede workhellip make sure you do not die with that ignorancehellip why not start NOW
2
ndash Vision
20(c) CCO Consulting Helsinki 260411
How Finland (through Penedo) got involved with rising awareness of Fernando Pessoahellip
2
ndash Vision
21(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallengeLinking
Nordic
Communities
(NC) amp Portuguese Speaking
Communities
(PSC)
PSC = 6th in
world
today 4th in
2050
Facts
PSC = Largest
in
the south
hemisphere
NC = Population
of Mozambique
= Territory
of Angola = 70 GDP of Brazil
Finland amp Brazil = Dignity
of Women
What
Unites
Finland amp Brazil = Cultural RichnessFinland amp Brazil = Environment
Awareness
Finland rarr Brazil = Population
Optimization
Sources
o Mutual Learning
Brazil rarr Finland = TEAMNEURSHIP (entrepreneur
amp intrapreneur)
Finland rarr Brazil = Resource
Use Solutions
Brazil rarr Finland = HUGE MARKETFinland rarr Brazil = On
competition
and cooperation
Brazil rarr Finland = HUGE RELIABLE SUPPLIER
2
ndash Vision
22(c) CCO Consulting Helsinki 260411
Snapshots about Brazil
Fast Forward
2
ndash Vision
23(c) CCO Consulting Helsinki 260411
GDP GDP ComparingAbsolute Population per capita with Portugal
Sweden 444600000000 9059651 49075 235Finland 232000000000 5250275 44188 212Norway 413500000000 4660539 88724 425Iceland 12770000000 306694 41638 199Denmark 305600000000 5500510 55558 266Portugal 223700000000 10707924 20891 100
Nordic Countries 1408470000000 56844Nordic Countries GDP 696 as of Brazil GDP 2024000000000Nordic Countries Population 24777669 Brazil Population 203429773 Brazil GDP pc 9949Nordic Countries GDP is 5713 of the Brazil GDP pcGDP of Portugal with the average GDP of Nordic CountriesPortuguese anual GDP Waste
Source httpenwikipediaorgwikiList_of_countries_by_GDP_28nominal29 030511 GDPhttpswwwciagovlibrarypublicationsthe-world-factbookgeosbrhtml 030511 Population
608684768381384984768381
USD 2010
2
ndash Vision
24(c) CCO Consulting Helsinki 260411
Have Fun with Samba
Be Careful with Security
2
ndash Vision
25(c) CCO Consulting Helsinki 260411
Average Growth Rates of Brazil
1998-2002 17
2003-2008 42
2009-2014 45 (expected of course)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
26(c) CCO Consulting Helsinki 260411
UNCTAD survey 2010-2012 shows Brazil being the THIRD country to be the priority for investment (FDI) from Multinational Companies
First
Second
Fourth
Fifth
So BRICs on the TOP of course
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
27(c) CCO Consulting Helsinki 260411
Brazil a economy with low credit as percentage of GDP
Source Eduardo Giannetti (Insper-SP)
A+B C D+E Total2003 13 66 96 1752009 20 95 73 1882014 31 113 56 200
millions of persons
A+B C D+E2003 7 38 552009 11 51 392014 16 57 28
Brazil MiracleSource Eduardo Giannetti (Insper-SP)
Class
Class
Source Eduardo Giannetti (Insper-SP)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
30(c) CCO Consulting Helsinki 260411
Complementing the two economies the largest companies
1 Petrobras-Petroacuteleo Brasil Oil amp gas operations Nokia Technology hardware amp equipment2 Banco do Brasil Banking Sampo Insurance3 Banco Bradesco Banking Fortum Oil amp gas operations4 Vale do Rio Doce Materials UPM-Kymmene Materials5 Itauacute Banking Stora Enso Materials6 Unibanco Group Banking Neste Oil Oil amp gas operations7 Eletrobraacutes Utilities OKO Bank Banking8 Usiminas Materials Rautaruukki Materials9 CSN-Cia Siderurgica Materials Metso Capital goods
10 Tele Norte Leste Telecommunications services Kesko Group Food markets11 Metalurgica Gerdau Materials Outokumpu Materials12 Embraer Aerospace amp defense M-real Materials13 Cemig Utilities Kone Construction14 Braskem Chemicals SanomaWSOY Media15 Brasil Telecom Telecommunications services Alma Media Media16 Aracruz Celulose Materials17 CBD-Brasil Distribuiccedilatildeo Food markets18 Ipiranga Oil amp gas operations19 CPFL Energia Utilities
Source httpwwweconomywatchcomcompaniesforbes-listbrazilhtmlhttpwwweconomywatchcomcompaniesforbes-listfinlandhtml
Brazil FinlandName of the company and Industry Type
Finland 1 billionaire per 5000000 persons
Brazil 30 billionaires per 200000000 personshellip
ldquoshould haverdquo at least 40 o)
2
ndash Vision
31(c) CCO Consulting Helsinki 260411
The largest banks in Brazil by total assets criteriaThe largest banks in Brazil by total assets criteria
For the For the completecomplete file click herefile click here
2
ndash Vision
32(c) CCO Consulting Helsinki 260411
Brazil NOW Brazil IN THE FUTURE
Brazilacutes Demographic Bonus started in 1999 and it will end in 2034
Demographic window is defined to be that period of time in a nations demographic evolution when the proportion of population of working age group is particularly prominenthellip But this so called demographic bonus (or demographic dividend) remains only a potential advantage as low participation rates (for instance among women) or rampant unemployment may limit the impact of favorable age structures
More at httpenwikipediaorgwikiDemographic_window
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
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RECRUITERS
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MBA-DirectcomFT Newspaper subscriptionsFT DiariesFT ConferencesFT Syndication servicesThe Non-Executive Director
Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
FTcom can deliver talented individuals across all industriesaround the worldPost a job now
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Jobs
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
RECRUITERS
FT Lexicon
FT Bespoke Forums
Market research
Growth companies
Corporate subscriptions
Luxury Travel brochures
Analyst Research
MBA-Directcom
FT Newspaper subscriptions
FT Diaries
FT Conferences
FT Syndication services
The Non-Executive Director
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
Erdogan speaks of brotherhood at rally
US demands answers in death of Iranian dissident
Virginity tests and the abuse of Egypts women
Many questions remain in Pakistani journalists death
Hopes fade for peaceful Arab transition to democracy
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Consulting Associates (Client Acquisition)
Consulting Associates (Project Management)
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around the world
Post a job now
RELATED SERVICES
Jobs
LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
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Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
To comment you must sign in or register
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Internal Control Manager - MediaMedia Entertainment Advertising
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Jobs
EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
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FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
2
ndash Vision
15(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Masculinity (MAS) versus its opposite femininity refers to the distribution of roles between the genders which is another fundamental issue for any society to which a range of solutions are found The IBM studies revealed that (a) womens values differ less among societies than mens values (b) mens values from one country to another contain a dimension from very assertive and competitive and maximally different from womens values on the one side to modest and caring and similar to womens values on the other The assertive pole has been called masculine and the modest caring pole feminine The women in feminine countries have the same modest caring values as the men in the masculine countries they are somewhat assertive and competitive but not as much as the men so that these countries show a gap between mens values and womens values
2
ndash Vision
16(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Uncertainty Avoidance Index (UAI) deals with a societys tolerance for uncertainty and ambiguity it ultimately refers to mans search for Truth It indicates to what extent a culture programs its members to feel either uncomfortable or comfortable in unstructured situations Unstructured situations are novel unknown surprising different from usual Uncertainty avoiding cultures try to minimize the possibility of such situations by strict laws and rules safety and security measures and on the philosophical and religious level by a belief in absolute Truth there can only be one Truth and we have it People in uncertainty avoiding countries are also more emotional and motivated by inner nervous energy The opposite type uncertainty accepting cultures are more tolerant of opinions different from what they are used to they try to have as few rules as possible and on the philosophical and religious level they are relativist and allow many currents to flow side by side People within these cultures are more phlegmatic and contemplative and not expected by their environment to express emotions
2
ndash Vision
17(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Long-Term Orientation (LTO) versus short-term orientation this fifth dimension was found in a study among students in 23 countries around the world using a questionnaire designed by Chinese scholars It can be said to deal with Virtue regardless of Truth Values associated with Long Term Orientation are thrift and perseverance values associated with Short Term Orientation are respect for tradition fulfilling social obligations and protecting ones face Both the positively and the negatively rated values of this dimension are found in the teachings of Confucius the most influential Chinese philosopher who lived around 500 BC however the dimension also applies to countries without a Confucian heritage
2
ndash Vision
18(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
2
ndash Vision
19(c) CCO Consulting Helsinki 260411
In case you are not familiar with Geert Hofstede workhellip make sure you do not die with that ignorancehellip why not start NOW
2
ndash Vision
20(c) CCO Consulting Helsinki 260411
How Finland (through Penedo) got involved with rising awareness of Fernando Pessoahellip
2
ndash Vision
21(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallengeLinking
Nordic
Communities
(NC) amp Portuguese Speaking
Communities
(PSC)
PSC = 6th in
world
today 4th in
2050
Facts
PSC = Largest
in
the south
hemisphere
NC = Population
of Mozambique
= Territory
of Angola = 70 GDP of Brazil
Finland amp Brazil = Dignity
of Women
What
Unites
Finland amp Brazil = Cultural RichnessFinland amp Brazil = Environment
Awareness
Finland rarr Brazil = Population
Optimization
Sources
o Mutual Learning
Brazil rarr Finland = TEAMNEURSHIP (entrepreneur
amp intrapreneur)
Finland rarr Brazil = Resource
Use Solutions
Brazil rarr Finland = HUGE MARKETFinland rarr Brazil = On
competition
and cooperation
Brazil rarr Finland = HUGE RELIABLE SUPPLIER
2
ndash Vision
22(c) CCO Consulting Helsinki 260411
Snapshots about Brazil
Fast Forward
2
ndash Vision
23(c) CCO Consulting Helsinki 260411
GDP GDP ComparingAbsolute Population per capita with Portugal
Sweden 444600000000 9059651 49075 235Finland 232000000000 5250275 44188 212Norway 413500000000 4660539 88724 425Iceland 12770000000 306694 41638 199Denmark 305600000000 5500510 55558 266Portugal 223700000000 10707924 20891 100
Nordic Countries 1408470000000 56844Nordic Countries GDP 696 as of Brazil GDP 2024000000000Nordic Countries Population 24777669 Brazil Population 203429773 Brazil GDP pc 9949Nordic Countries GDP is 5713 of the Brazil GDP pcGDP of Portugal with the average GDP of Nordic CountriesPortuguese anual GDP Waste
Source httpenwikipediaorgwikiList_of_countries_by_GDP_28nominal29 030511 GDPhttpswwwciagovlibrarypublicationsthe-world-factbookgeosbrhtml 030511 Population
608684768381384984768381
USD 2010
2
ndash Vision
24(c) CCO Consulting Helsinki 260411
Have Fun with Samba
Be Careful with Security
2
ndash Vision
25(c) CCO Consulting Helsinki 260411
Average Growth Rates of Brazil
1998-2002 17
2003-2008 42
2009-2014 45 (expected of course)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
26(c) CCO Consulting Helsinki 260411
UNCTAD survey 2010-2012 shows Brazil being the THIRD country to be the priority for investment (FDI) from Multinational Companies
First
Second
Fourth
Fifth
So BRICs on the TOP of course
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
27(c) CCO Consulting Helsinki 260411
Brazil a economy with low credit as percentage of GDP
Source Eduardo Giannetti (Insper-SP)
A+B C D+E Total2003 13 66 96 1752009 20 95 73 1882014 31 113 56 200
millions of persons
A+B C D+E2003 7 38 552009 11 51 392014 16 57 28
Brazil MiracleSource Eduardo Giannetti (Insper-SP)
Class
Class
Source Eduardo Giannetti (Insper-SP)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
30(c) CCO Consulting Helsinki 260411
Complementing the two economies the largest companies
1 Petrobras-Petroacuteleo Brasil Oil amp gas operations Nokia Technology hardware amp equipment2 Banco do Brasil Banking Sampo Insurance3 Banco Bradesco Banking Fortum Oil amp gas operations4 Vale do Rio Doce Materials UPM-Kymmene Materials5 Itauacute Banking Stora Enso Materials6 Unibanco Group Banking Neste Oil Oil amp gas operations7 Eletrobraacutes Utilities OKO Bank Banking8 Usiminas Materials Rautaruukki Materials9 CSN-Cia Siderurgica Materials Metso Capital goods
10 Tele Norte Leste Telecommunications services Kesko Group Food markets11 Metalurgica Gerdau Materials Outokumpu Materials12 Embraer Aerospace amp defense M-real Materials13 Cemig Utilities Kone Construction14 Braskem Chemicals SanomaWSOY Media15 Brasil Telecom Telecommunications services Alma Media Media16 Aracruz Celulose Materials17 CBD-Brasil Distribuiccedilatildeo Food markets18 Ipiranga Oil amp gas operations19 CPFL Energia Utilities
Source httpwwweconomywatchcomcompaniesforbes-listbrazilhtmlhttpwwweconomywatchcomcompaniesforbes-listfinlandhtml
Brazil FinlandName of the company and Industry Type
Finland 1 billionaire per 5000000 persons
Brazil 30 billionaires per 200000000 personshellip
ldquoshould haverdquo at least 40 o)
2
ndash Vision
31(c) CCO Consulting Helsinki 260411
The largest banks in Brazil by total assets criteriaThe largest banks in Brazil by total assets criteria
For the For the completecomplete file click herefile click here
2
ndash Vision
32(c) CCO Consulting Helsinki 260411
Brazil NOW Brazil IN THE FUTURE
Brazilacutes Demographic Bonus started in 1999 and it will end in 2034
Demographic window is defined to be that period of time in a nations demographic evolution when the proportion of population of working age group is particularly prominenthellip But this so called demographic bonus (or demographic dividend) remains only a potential advantage as low participation rates (for instance among women) or rampant unemployment may limit the impact of favorable age structures
More at httpenwikipediaorgwikiDemographic_window
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
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FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
RECRUITERS
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RELATED SERVICES
Jobs
LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
To comment you must sign in or register
Sign in Register
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US hits firms working with IranVolcanic ash cloud to close Berlin airportsSuicide bomber attacks Pakistan policeJordan Interim council represents LibyansChina keeps mum on N Korean leaders visit
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Jobs
EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
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SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
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Netanyahu lays out peace terms
Children join desperate flight from Syria
NATO chopper crashes in Afghanistan
Mubarak faces charges for corruption deaths
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FTcom can deliver talented individuals across all industries
around the world
Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
2
ndash Vision
16(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Uncertainty Avoidance Index (UAI) deals with a societys tolerance for uncertainty and ambiguity it ultimately refers to mans search for Truth It indicates to what extent a culture programs its members to feel either uncomfortable or comfortable in unstructured situations Unstructured situations are novel unknown surprising different from usual Uncertainty avoiding cultures try to minimize the possibility of such situations by strict laws and rules safety and security measures and on the philosophical and religious level by a belief in absolute Truth there can only be one Truth and we have it People in uncertainty avoiding countries are also more emotional and motivated by inner nervous energy The opposite type uncertainty accepting cultures are more tolerant of opinions different from what they are used to they try to have as few rules as possible and on the philosophical and religious level they are relativist and allow many currents to flow side by side People within these cultures are more phlegmatic and contemplative and not expected by their environment to express emotions
2
ndash Vision
17(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Long-Term Orientation (LTO) versus short-term orientation this fifth dimension was found in a study among students in 23 countries around the world using a questionnaire designed by Chinese scholars It can be said to deal with Virtue regardless of Truth Values associated with Long Term Orientation are thrift and perseverance values associated with Short Term Orientation are respect for tradition fulfilling social obligations and protecting ones face Both the positively and the negatively rated values of this dimension are found in the teachings of Confucius the most influential Chinese philosopher who lived around 500 BC however the dimension also applies to countries without a Confucian heritage
2
ndash Vision
18(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
2
ndash Vision
19(c) CCO Consulting Helsinki 260411
In case you are not familiar with Geert Hofstede workhellip make sure you do not die with that ignorancehellip why not start NOW
2
ndash Vision
20(c) CCO Consulting Helsinki 260411
How Finland (through Penedo) got involved with rising awareness of Fernando Pessoahellip
2
ndash Vision
21(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallengeLinking
Nordic
Communities
(NC) amp Portuguese Speaking
Communities
(PSC)
PSC = 6th in
world
today 4th in
2050
Facts
PSC = Largest
in
the south
hemisphere
NC = Population
of Mozambique
= Territory
of Angola = 70 GDP of Brazil
Finland amp Brazil = Dignity
of Women
What
Unites
Finland amp Brazil = Cultural RichnessFinland amp Brazil = Environment
Awareness
Finland rarr Brazil = Population
Optimization
Sources
o Mutual Learning
Brazil rarr Finland = TEAMNEURSHIP (entrepreneur
amp intrapreneur)
Finland rarr Brazil = Resource
Use Solutions
Brazil rarr Finland = HUGE MARKETFinland rarr Brazil = On
competition
and cooperation
Brazil rarr Finland = HUGE RELIABLE SUPPLIER
2
ndash Vision
22(c) CCO Consulting Helsinki 260411
Snapshots about Brazil
Fast Forward
2
ndash Vision
23(c) CCO Consulting Helsinki 260411
GDP GDP ComparingAbsolute Population per capita with Portugal
Sweden 444600000000 9059651 49075 235Finland 232000000000 5250275 44188 212Norway 413500000000 4660539 88724 425Iceland 12770000000 306694 41638 199Denmark 305600000000 5500510 55558 266Portugal 223700000000 10707924 20891 100
Nordic Countries 1408470000000 56844Nordic Countries GDP 696 as of Brazil GDP 2024000000000Nordic Countries Population 24777669 Brazil Population 203429773 Brazil GDP pc 9949Nordic Countries GDP is 5713 of the Brazil GDP pcGDP of Portugal with the average GDP of Nordic CountriesPortuguese anual GDP Waste
Source httpenwikipediaorgwikiList_of_countries_by_GDP_28nominal29 030511 GDPhttpswwwciagovlibrarypublicationsthe-world-factbookgeosbrhtml 030511 Population
608684768381384984768381
USD 2010
2
ndash Vision
24(c) CCO Consulting Helsinki 260411
Have Fun with Samba
Be Careful with Security
2
ndash Vision
25(c) CCO Consulting Helsinki 260411
Average Growth Rates of Brazil
1998-2002 17
2003-2008 42
2009-2014 45 (expected of course)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
26(c) CCO Consulting Helsinki 260411
UNCTAD survey 2010-2012 shows Brazil being the THIRD country to be the priority for investment (FDI) from Multinational Companies
First
Second
Fourth
Fifth
So BRICs on the TOP of course
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
27(c) CCO Consulting Helsinki 260411
Brazil a economy with low credit as percentage of GDP
Source Eduardo Giannetti (Insper-SP)
A+B C D+E Total2003 13 66 96 1752009 20 95 73 1882014 31 113 56 200
millions of persons
A+B C D+E2003 7 38 552009 11 51 392014 16 57 28
Brazil MiracleSource Eduardo Giannetti (Insper-SP)
Class
Class
Source Eduardo Giannetti (Insper-SP)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
30(c) CCO Consulting Helsinki 260411
Complementing the two economies the largest companies
1 Petrobras-Petroacuteleo Brasil Oil amp gas operations Nokia Technology hardware amp equipment2 Banco do Brasil Banking Sampo Insurance3 Banco Bradesco Banking Fortum Oil amp gas operations4 Vale do Rio Doce Materials UPM-Kymmene Materials5 Itauacute Banking Stora Enso Materials6 Unibanco Group Banking Neste Oil Oil amp gas operations7 Eletrobraacutes Utilities OKO Bank Banking8 Usiminas Materials Rautaruukki Materials9 CSN-Cia Siderurgica Materials Metso Capital goods
10 Tele Norte Leste Telecommunications services Kesko Group Food markets11 Metalurgica Gerdau Materials Outokumpu Materials12 Embraer Aerospace amp defense M-real Materials13 Cemig Utilities Kone Construction14 Braskem Chemicals SanomaWSOY Media15 Brasil Telecom Telecommunications services Alma Media Media16 Aracruz Celulose Materials17 CBD-Brasil Distribuiccedilatildeo Food markets18 Ipiranga Oil amp gas operations19 CPFL Energia Utilities
Source httpwwweconomywatchcomcompaniesforbes-listbrazilhtmlhttpwwweconomywatchcomcompaniesforbes-listfinlandhtml
Brazil FinlandName of the company and Industry Type
Finland 1 billionaire per 5000000 persons
Brazil 30 billionaires per 200000000 personshellip
ldquoshould haverdquo at least 40 o)
2
ndash Vision
31(c) CCO Consulting Helsinki 260411
The largest banks in Brazil by total assets criteriaThe largest banks in Brazil by total assets criteria
For the For the completecomplete file click herefile click here
2
ndash Vision
32(c) CCO Consulting Helsinki 260411
Brazil NOW Brazil IN THE FUTURE
Brazilacutes Demographic Bonus started in 1999 and it will end in 2034
Demographic window is defined to be that period of time in a nations demographic evolution when the proportion of population of working age group is particularly prominenthellip But this so called demographic bonus (or demographic dividend) remains only a potential advantage as low participation rates (for instance among women) or rampant unemployment may limit the impact of favorable age structures
More at httpenwikipediaorgwikiDemographic_window
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
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MBA-DirectcomFT Newspaper subscriptionsFT DiariesFT ConferencesFT Syndication servicesThe Non-Executive Director
Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
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FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
RECRUITERS
FT Lexicon
FT Bespoke Forums
Market research
Growth companies
Corporate subscriptions
Luxury Travel brochures
Analyst Research
MBA-Directcom
FT Newspaper subscriptions
FT Diaries
FT Conferences
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RELATED SERVICES
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LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
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Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
To comment you must sign in or register
Sign in Register
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Jobs
EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
SEARCH
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SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
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Netanyahu lays out peace terms
Children join desperate flight from Syria
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Mubarak faces charges for corruption deaths
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Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
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- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
2
ndash Vision
17(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
Long-Term Orientation (LTO) versus short-term orientation this fifth dimension was found in a study among students in 23 countries around the world using a questionnaire designed by Chinese scholars It can be said to deal with Virtue regardless of Truth Values associated with Long Term Orientation are thrift and perseverance values associated with Short Term Orientation are respect for tradition fulfilling social obligations and protecting ones face Both the positively and the negatively rated values of this dimension are found in the teachings of Confucius the most influential Chinese philosopher who lived around 500 BC however the dimension also applies to countries without a Confucian heritage
2
ndash Vision
18(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
2
ndash Vision
19(c) CCO Consulting Helsinki 260411
In case you are not familiar with Geert Hofstede workhellip make sure you do not die with that ignorancehellip why not start NOW
2
ndash Vision
20(c) CCO Consulting Helsinki 260411
How Finland (through Penedo) got involved with rising awareness of Fernando Pessoahellip
2
ndash Vision
21(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallengeLinking
Nordic
Communities
(NC) amp Portuguese Speaking
Communities
(PSC)
PSC = 6th in
world
today 4th in
2050
Facts
PSC = Largest
in
the south
hemisphere
NC = Population
of Mozambique
= Territory
of Angola = 70 GDP of Brazil
Finland amp Brazil = Dignity
of Women
What
Unites
Finland amp Brazil = Cultural RichnessFinland amp Brazil = Environment
Awareness
Finland rarr Brazil = Population
Optimization
Sources
o Mutual Learning
Brazil rarr Finland = TEAMNEURSHIP (entrepreneur
amp intrapreneur)
Finland rarr Brazil = Resource
Use Solutions
Brazil rarr Finland = HUGE MARKETFinland rarr Brazil = On
competition
and cooperation
Brazil rarr Finland = HUGE RELIABLE SUPPLIER
2
ndash Vision
22(c) CCO Consulting Helsinki 260411
Snapshots about Brazil
Fast Forward
2
ndash Vision
23(c) CCO Consulting Helsinki 260411
GDP GDP ComparingAbsolute Population per capita with Portugal
Sweden 444600000000 9059651 49075 235Finland 232000000000 5250275 44188 212Norway 413500000000 4660539 88724 425Iceland 12770000000 306694 41638 199Denmark 305600000000 5500510 55558 266Portugal 223700000000 10707924 20891 100
Nordic Countries 1408470000000 56844Nordic Countries GDP 696 as of Brazil GDP 2024000000000Nordic Countries Population 24777669 Brazil Population 203429773 Brazil GDP pc 9949Nordic Countries GDP is 5713 of the Brazil GDP pcGDP of Portugal with the average GDP of Nordic CountriesPortuguese anual GDP Waste
Source httpenwikipediaorgwikiList_of_countries_by_GDP_28nominal29 030511 GDPhttpswwwciagovlibrarypublicationsthe-world-factbookgeosbrhtml 030511 Population
608684768381384984768381
USD 2010
2
ndash Vision
24(c) CCO Consulting Helsinki 260411
Have Fun with Samba
Be Careful with Security
2
ndash Vision
25(c) CCO Consulting Helsinki 260411
Average Growth Rates of Brazil
1998-2002 17
2003-2008 42
2009-2014 45 (expected of course)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
26(c) CCO Consulting Helsinki 260411
UNCTAD survey 2010-2012 shows Brazil being the THIRD country to be the priority for investment (FDI) from Multinational Companies
First
Second
Fourth
Fifth
So BRICs on the TOP of course
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
27(c) CCO Consulting Helsinki 260411
Brazil a economy with low credit as percentage of GDP
Source Eduardo Giannetti (Insper-SP)
A+B C D+E Total2003 13 66 96 1752009 20 95 73 1882014 31 113 56 200
millions of persons
A+B C D+E2003 7 38 552009 11 51 392014 16 57 28
Brazil MiracleSource Eduardo Giannetti (Insper-SP)
Class
Class
Source Eduardo Giannetti (Insper-SP)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
30(c) CCO Consulting Helsinki 260411
Complementing the two economies the largest companies
1 Petrobras-Petroacuteleo Brasil Oil amp gas operations Nokia Technology hardware amp equipment2 Banco do Brasil Banking Sampo Insurance3 Banco Bradesco Banking Fortum Oil amp gas operations4 Vale do Rio Doce Materials UPM-Kymmene Materials5 Itauacute Banking Stora Enso Materials6 Unibanco Group Banking Neste Oil Oil amp gas operations7 Eletrobraacutes Utilities OKO Bank Banking8 Usiminas Materials Rautaruukki Materials9 CSN-Cia Siderurgica Materials Metso Capital goods
10 Tele Norte Leste Telecommunications services Kesko Group Food markets11 Metalurgica Gerdau Materials Outokumpu Materials12 Embraer Aerospace amp defense M-real Materials13 Cemig Utilities Kone Construction14 Braskem Chemicals SanomaWSOY Media15 Brasil Telecom Telecommunications services Alma Media Media16 Aracruz Celulose Materials17 CBD-Brasil Distribuiccedilatildeo Food markets18 Ipiranga Oil amp gas operations19 CPFL Energia Utilities
Source httpwwweconomywatchcomcompaniesforbes-listbrazilhtmlhttpwwweconomywatchcomcompaniesforbes-listfinlandhtml
Brazil FinlandName of the company and Industry Type
Finland 1 billionaire per 5000000 persons
Brazil 30 billionaires per 200000000 personshellip
ldquoshould haverdquo at least 40 o)
2
ndash Vision
31(c) CCO Consulting Helsinki 260411
The largest banks in Brazil by total assets criteriaThe largest banks in Brazil by total assets criteria
For the For the completecomplete file click herefile click here
2
ndash Vision
32(c) CCO Consulting Helsinki 260411
Brazil NOW Brazil IN THE FUTURE
Brazilacutes Demographic Bonus started in 1999 and it will end in 2034
Demographic window is defined to be that period of time in a nations demographic evolution when the proportion of population of working age group is particularly prominenthellip But this so called demographic bonus (or demographic dividend) remains only a potential advantage as low participation rates (for instance among women) or rampant unemployment may limit the impact of favorable age structures
More at httpenwikipediaorgwikiDemographic_window
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
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MBA-DirectcomFT Newspaper subscriptionsFT DiariesFT ConferencesFT Syndication servicesThe Non-Executive Director
Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
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FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
RECRUITERS
FT Lexicon
FT Bespoke Forums
Market research
Growth companies
Corporate subscriptions
Luxury Travel brochures
Analyst Research
MBA-Directcom
FT Newspaper subscriptions
FT Diaries
FT Conferences
FT Syndication services
The Non-Executive Director
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Save over 70 on an FT subscription Plus get FREE
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LATEST HEADLINES FROM CNN
Erdogan speaks of brotherhood at rally
US demands answers in death of Iranian dissident
Virginity tests and the abuse of Egypts women
Many questions remain in Pakistani journalists death
Hopes fade for peaceful Arab transition to democracy
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RELATED SERVICES
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LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
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Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
To comment you must sign in or register
Sign in Register
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Internal Control Manager - MediaMedia Entertainment Advertising
Chief of Staff
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Jobs
EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
SEARCH
RECRUITERS
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
US hits firms working with Iran
Netanyahu lays out peace terms
Children join desperate flight from Syria
NATO chopper crashes in Afghanistan
Mubarak faces charges for corruption deaths
More
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Consulting Associates (Client Acquisition)
FTcom can deliver talented individuals across all industries
around the world
Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
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- Slide Number 12
- Slide Number 13
- Slide Number 14
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- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
2
ndash Vision
18(c) CCO Consulting Helsinki 260411
Geert Hofstedetrade Cultural Dimensions
2
ndash Vision
19(c) CCO Consulting Helsinki 260411
In case you are not familiar with Geert Hofstede workhellip make sure you do not die with that ignorancehellip why not start NOW
2
ndash Vision
20(c) CCO Consulting Helsinki 260411
How Finland (through Penedo) got involved with rising awareness of Fernando Pessoahellip
2
ndash Vision
21(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallengeLinking
Nordic
Communities
(NC) amp Portuguese Speaking
Communities
(PSC)
PSC = 6th in
world
today 4th in
2050
Facts
PSC = Largest
in
the south
hemisphere
NC = Population
of Mozambique
= Territory
of Angola = 70 GDP of Brazil
Finland amp Brazil = Dignity
of Women
What
Unites
Finland amp Brazil = Cultural RichnessFinland amp Brazil = Environment
Awareness
Finland rarr Brazil = Population
Optimization
Sources
o Mutual Learning
Brazil rarr Finland = TEAMNEURSHIP (entrepreneur
amp intrapreneur)
Finland rarr Brazil = Resource
Use Solutions
Brazil rarr Finland = HUGE MARKETFinland rarr Brazil = On
competition
and cooperation
Brazil rarr Finland = HUGE RELIABLE SUPPLIER
2
ndash Vision
22(c) CCO Consulting Helsinki 260411
Snapshots about Brazil
Fast Forward
2
ndash Vision
23(c) CCO Consulting Helsinki 260411
GDP GDP ComparingAbsolute Population per capita with Portugal
Sweden 444600000000 9059651 49075 235Finland 232000000000 5250275 44188 212Norway 413500000000 4660539 88724 425Iceland 12770000000 306694 41638 199Denmark 305600000000 5500510 55558 266Portugal 223700000000 10707924 20891 100
Nordic Countries 1408470000000 56844Nordic Countries GDP 696 as of Brazil GDP 2024000000000Nordic Countries Population 24777669 Brazil Population 203429773 Brazil GDP pc 9949Nordic Countries GDP is 5713 of the Brazil GDP pcGDP of Portugal with the average GDP of Nordic CountriesPortuguese anual GDP Waste
Source httpenwikipediaorgwikiList_of_countries_by_GDP_28nominal29 030511 GDPhttpswwwciagovlibrarypublicationsthe-world-factbookgeosbrhtml 030511 Population
608684768381384984768381
USD 2010
2
ndash Vision
24(c) CCO Consulting Helsinki 260411
Have Fun with Samba
Be Careful with Security
2
ndash Vision
25(c) CCO Consulting Helsinki 260411
Average Growth Rates of Brazil
1998-2002 17
2003-2008 42
2009-2014 45 (expected of course)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
26(c) CCO Consulting Helsinki 260411
UNCTAD survey 2010-2012 shows Brazil being the THIRD country to be the priority for investment (FDI) from Multinational Companies
First
Second
Fourth
Fifth
So BRICs on the TOP of course
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
27(c) CCO Consulting Helsinki 260411
Brazil a economy with low credit as percentage of GDP
Source Eduardo Giannetti (Insper-SP)
A+B C D+E Total2003 13 66 96 1752009 20 95 73 1882014 31 113 56 200
millions of persons
A+B C D+E2003 7 38 552009 11 51 392014 16 57 28
Brazil MiracleSource Eduardo Giannetti (Insper-SP)
Class
Class
Source Eduardo Giannetti (Insper-SP)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
30(c) CCO Consulting Helsinki 260411
Complementing the two economies the largest companies
1 Petrobras-Petroacuteleo Brasil Oil amp gas operations Nokia Technology hardware amp equipment2 Banco do Brasil Banking Sampo Insurance3 Banco Bradesco Banking Fortum Oil amp gas operations4 Vale do Rio Doce Materials UPM-Kymmene Materials5 Itauacute Banking Stora Enso Materials6 Unibanco Group Banking Neste Oil Oil amp gas operations7 Eletrobraacutes Utilities OKO Bank Banking8 Usiminas Materials Rautaruukki Materials9 CSN-Cia Siderurgica Materials Metso Capital goods
10 Tele Norte Leste Telecommunications services Kesko Group Food markets11 Metalurgica Gerdau Materials Outokumpu Materials12 Embraer Aerospace amp defense M-real Materials13 Cemig Utilities Kone Construction14 Braskem Chemicals SanomaWSOY Media15 Brasil Telecom Telecommunications services Alma Media Media16 Aracruz Celulose Materials17 CBD-Brasil Distribuiccedilatildeo Food markets18 Ipiranga Oil amp gas operations19 CPFL Energia Utilities
Source httpwwweconomywatchcomcompaniesforbes-listbrazilhtmlhttpwwweconomywatchcomcompaniesforbes-listfinlandhtml
Brazil FinlandName of the company and Industry Type
Finland 1 billionaire per 5000000 persons
Brazil 30 billionaires per 200000000 personshellip
ldquoshould haverdquo at least 40 o)
2
ndash Vision
31(c) CCO Consulting Helsinki 260411
The largest banks in Brazil by total assets criteriaThe largest banks in Brazil by total assets criteria
For the For the completecomplete file click herefile click here
2
ndash Vision
32(c) CCO Consulting Helsinki 260411
Brazil NOW Brazil IN THE FUTURE
Brazilacutes Demographic Bonus started in 1999 and it will end in 2034
Demographic window is defined to be that period of time in a nations demographic evolution when the proportion of population of working age group is particularly prominenthellip But this so called demographic bonus (or demographic dividend) remains only a potential advantage as low participation rates (for instance among women) or rampant unemployment may limit the impact of favorable age structures
More at httpenwikipediaorgwikiDemographic_window
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
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RECRUITERS
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MBA-DirectcomFT Newspaper subscriptionsFT DiariesFT ConferencesFT Syndication servicesThe Non-Executive Director
Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
FTcom can deliver talented individuals across all industriesaround the worldPost a job now
RELATED SERVICES
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Jobs
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
RECRUITERS
FT Lexicon
FT Bespoke Forums
Market research
Growth companies
Corporate subscriptions
Luxury Travel brochures
Analyst Research
MBA-Directcom
FT Newspaper subscriptions
FT Diaries
FT Conferences
FT Syndication services
The Non-Executive Director
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
Erdogan speaks of brotherhood at rally
US demands answers in death of Iranian dissident
Virginity tests and the abuse of Egypts women
Many questions remain in Pakistani journalists death
Hopes fade for peaceful Arab transition to democracy
More
Consulting Associates (Client Acquisition)
Consulting Associates (Project Management)
FTcom can deliver talented individuals across all industries
around the world
Post a job now
RELATED SERVICES
Jobs
LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
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Save over 70 on an FT subscription Plus get FREEdelivery to your home of office
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Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
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FinancialBreadcrumb
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FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
2
ndash Vision
19(c) CCO Consulting Helsinki 260411
In case you are not familiar with Geert Hofstede workhellip make sure you do not die with that ignorancehellip why not start NOW
2
ndash Vision
20(c) CCO Consulting Helsinki 260411
How Finland (through Penedo) got involved with rising awareness of Fernando Pessoahellip
2
ndash Vision
21(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallengeLinking
Nordic
Communities
(NC) amp Portuguese Speaking
Communities
(PSC)
PSC = 6th in
world
today 4th in
2050
Facts
PSC = Largest
in
the south
hemisphere
NC = Population
of Mozambique
= Territory
of Angola = 70 GDP of Brazil
Finland amp Brazil = Dignity
of Women
What
Unites
Finland amp Brazil = Cultural RichnessFinland amp Brazil = Environment
Awareness
Finland rarr Brazil = Population
Optimization
Sources
o Mutual Learning
Brazil rarr Finland = TEAMNEURSHIP (entrepreneur
amp intrapreneur)
Finland rarr Brazil = Resource
Use Solutions
Brazil rarr Finland = HUGE MARKETFinland rarr Brazil = On
competition
and cooperation
Brazil rarr Finland = HUGE RELIABLE SUPPLIER
2
ndash Vision
22(c) CCO Consulting Helsinki 260411
Snapshots about Brazil
Fast Forward
2
ndash Vision
23(c) CCO Consulting Helsinki 260411
GDP GDP ComparingAbsolute Population per capita with Portugal
Sweden 444600000000 9059651 49075 235Finland 232000000000 5250275 44188 212Norway 413500000000 4660539 88724 425Iceland 12770000000 306694 41638 199Denmark 305600000000 5500510 55558 266Portugal 223700000000 10707924 20891 100
Nordic Countries 1408470000000 56844Nordic Countries GDP 696 as of Brazil GDP 2024000000000Nordic Countries Population 24777669 Brazil Population 203429773 Brazil GDP pc 9949Nordic Countries GDP is 5713 of the Brazil GDP pcGDP of Portugal with the average GDP of Nordic CountriesPortuguese anual GDP Waste
Source httpenwikipediaorgwikiList_of_countries_by_GDP_28nominal29 030511 GDPhttpswwwciagovlibrarypublicationsthe-world-factbookgeosbrhtml 030511 Population
608684768381384984768381
USD 2010
2
ndash Vision
24(c) CCO Consulting Helsinki 260411
Have Fun with Samba
Be Careful with Security
2
ndash Vision
25(c) CCO Consulting Helsinki 260411
Average Growth Rates of Brazil
1998-2002 17
2003-2008 42
2009-2014 45 (expected of course)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
26(c) CCO Consulting Helsinki 260411
UNCTAD survey 2010-2012 shows Brazil being the THIRD country to be the priority for investment (FDI) from Multinational Companies
First
Second
Fourth
Fifth
So BRICs on the TOP of course
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
27(c) CCO Consulting Helsinki 260411
Brazil a economy with low credit as percentage of GDP
Source Eduardo Giannetti (Insper-SP)
A+B C D+E Total2003 13 66 96 1752009 20 95 73 1882014 31 113 56 200
millions of persons
A+B C D+E2003 7 38 552009 11 51 392014 16 57 28
Brazil MiracleSource Eduardo Giannetti (Insper-SP)
Class
Class
Source Eduardo Giannetti (Insper-SP)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
30(c) CCO Consulting Helsinki 260411
Complementing the two economies the largest companies
1 Petrobras-Petroacuteleo Brasil Oil amp gas operations Nokia Technology hardware amp equipment2 Banco do Brasil Banking Sampo Insurance3 Banco Bradesco Banking Fortum Oil amp gas operations4 Vale do Rio Doce Materials UPM-Kymmene Materials5 Itauacute Banking Stora Enso Materials6 Unibanco Group Banking Neste Oil Oil amp gas operations7 Eletrobraacutes Utilities OKO Bank Banking8 Usiminas Materials Rautaruukki Materials9 CSN-Cia Siderurgica Materials Metso Capital goods
10 Tele Norte Leste Telecommunications services Kesko Group Food markets11 Metalurgica Gerdau Materials Outokumpu Materials12 Embraer Aerospace amp defense M-real Materials13 Cemig Utilities Kone Construction14 Braskem Chemicals SanomaWSOY Media15 Brasil Telecom Telecommunications services Alma Media Media16 Aracruz Celulose Materials17 CBD-Brasil Distribuiccedilatildeo Food markets18 Ipiranga Oil amp gas operations19 CPFL Energia Utilities
Source httpwwweconomywatchcomcompaniesforbes-listbrazilhtmlhttpwwweconomywatchcomcompaniesforbes-listfinlandhtml
Brazil FinlandName of the company and Industry Type
Finland 1 billionaire per 5000000 persons
Brazil 30 billionaires per 200000000 personshellip
ldquoshould haverdquo at least 40 o)
2
ndash Vision
31(c) CCO Consulting Helsinki 260411
The largest banks in Brazil by total assets criteriaThe largest banks in Brazil by total assets criteria
For the For the completecomplete file click herefile click here
2
ndash Vision
32(c) CCO Consulting Helsinki 260411
Brazil NOW Brazil IN THE FUTURE
Brazilacutes Demographic Bonus started in 1999 and it will end in 2034
Demographic window is defined to be that period of time in a nations demographic evolution when the proportion of population of working age group is particularly prominenthellip But this so called demographic bonus (or demographic dividend) remains only a potential advantage as low participation rates (for instance among women) or rampant unemployment may limit the impact of favorable age structures
More at httpenwikipediaorgwikiDemographic_window
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
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Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
FTcom can deliver talented individuals across all industriesaround the worldPost a job now
RELATED SERVICES
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Jobs
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
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RELATED SERVICES
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LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
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Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
To comment you must sign in or register
Sign in Register
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Jobs
EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
SEARCH
RECRUITERS
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
US hits firms working with Iran
Netanyahu lays out peace terms
Children join desperate flight from Syria
NATO chopper crashes in Afghanistan
Mubarak faces charges for corruption deaths
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Consulting Associates (Client Acquisition)
FTcom can deliver talented individuals across all industries
around the world
Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
2
ndash Vision
20(c) CCO Consulting Helsinki 260411
How Finland (through Penedo) got involved with rising awareness of Fernando Pessoahellip
2
ndash Vision
21(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallengeLinking
Nordic
Communities
(NC) amp Portuguese Speaking
Communities
(PSC)
PSC = 6th in
world
today 4th in
2050
Facts
PSC = Largest
in
the south
hemisphere
NC = Population
of Mozambique
= Territory
of Angola = 70 GDP of Brazil
Finland amp Brazil = Dignity
of Women
What
Unites
Finland amp Brazil = Cultural RichnessFinland amp Brazil = Environment
Awareness
Finland rarr Brazil = Population
Optimization
Sources
o Mutual Learning
Brazil rarr Finland = TEAMNEURSHIP (entrepreneur
amp intrapreneur)
Finland rarr Brazil = Resource
Use Solutions
Brazil rarr Finland = HUGE MARKETFinland rarr Brazil = On
competition
and cooperation
Brazil rarr Finland = HUGE RELIABLE SUPPLIER
2
ndash Vision
22(c) CCO Consulting Helsinki 260411
Snapshots about Brazil
Fast Forward
2
ndash Vision
23(c) CCO Consulting Helsinki 260411
GDP GDP ComparingAbsolute Population per capita with Portugal
Sweden 444600000000 9059651 49075 235Finland 232000000000 5250275 44188 212Norway 413500000000 4660539 88724 425Iceland 12770000000 306694 41638 199Denmark 305600000000 5500510 55558 266Portugal 223700000000 10707924 20891 100
Nordic Countries 1408470000000 56844Nordic Countries GDP 696 as of Brazil GDP 2024000000000Nordic Countries Population 24777669 Brazil Population 203429773 Brazil GDP pc 9949Nordic Countries GDP is 5713 of the Brazil GDP pcGDP of Portugal with the average GDP of Nordic CountriesPortuguese anual GDP Waste
Source httpenwikipediaorgwikiList_of_countries_by_GDP_28nominal29 030511 GDPhttpswwwciagovlibrarypublicationsthe-world-factbookgeosbrhtml 030511 Population
608684768381384984768381
USD 2010
2
ndash Vision
24(c) CCO Consulting Helsinki 260411
Have Fun with Samba
Be Careful with Security
2
ndash Vision
25(c) CCO Consulting Helsinki 260411
Average Growth Rates of Brazil
1998-2002 17
2003-2008 42
2009-2014 45 (expected of course)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
26(c) CCO Consulting Helsinki 260411
UNCTAD survey 2010-2012 shows Brazil being the THIRD country to be the priority for investment (FDI) from Multinational Companies
First
Second
Fourth
Fifth
So BRICs on the TOP of course
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
27(c) CCO Consulting Helsinki 260411
Brazil a economy with low credit as percentage of GDP
Source Eduardo Giannetti (Insper-SP)
A+B C D+E Total2003 13 66 96 1752009 20 95 73 1882014 31 113 56 200
millions of persons
A+B C D+E2003 7 38 552009 11 51 392014 16 57 28
Brazil MiracleSource Eduardo Giannetti (Insper-SP)
Class
Class
Source Eduardo Giannetti (Insper-SP)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
30(c) CCO Consulting Helsinki 260411
Complementing the two economies the largest companies
1 Petrobras-Petroacuteleo Brasil Oil amp gas operations Nokia Technology hardware amp equipment2 Banco do Brasil Banking Sampo Insurance3 Banco Bradesco Banking Fortum Oil amp gas operations4 Vale do Rio Doce Materials UPM-Kymmene Materials5 Itauacute Banking Stora Enso Materials6 Unibanco Group Banking Neste Oil Oil amp gas operations7 Eletrobraacutes Utilities OKO Bank Banking8 Usiminas Materials Rautaruukki Materials9 CSN-Cia Siderurgica Materials Metso Capital goods
10 Tele Norte Leste Telecommunications services Kesko Group Food markets11 Metalurgica Gerdau Materials Outokumpu Materials12 Embraer Aerospace amp defense M-real Materials13 Cemig Utilities Kone Construction14 Braskem Chemicals SanomaWSOY Media15 Brasil Telecom Telecommunications services Alma Media Media16 Aracruz Celulose Materials17 CBD-Brasil Distribuiccedilatildeo Food markets18 Ipiranga Oil amp gas operations19 CPFL Energia Utilities
Source httpwwweconomywatchcomcompaniesforbes-listbrazilhtmlhttpwwweconomywatchcomcompaniesforbes-listfinlandhtml
Brazil FinlandName of the company and Industry Type
Finland 1 billionaire per 5000000 persons
Brazil 30 billionaires per 200000000 personshellip
ldquoshould haverdquo at least 40 o)
2
ndash Vision
31(c) CCO Consulting Helsinki 260411
The largest banks in Brazil by total assets criteriaThe largest banks in Brazil by total assets criteria
For the For the completecomplete file click herefile click here
2
ndash Vision
32(c) CCO Consulting Helsinki 260411
Brazil NOW Brazil IN THE FUTURE
Brazilacutes Demographic Bonus started in 1999 and it will end in 2034
Demographic window is defined to be that period of time in a nations demographic evolution when the proportion of population of working age group is particularly prominenthellip But this so called demographic bonus (or demographic dividend) remains only a potential advantage as low participation rates (for instance among women) or rampant unemployment may limit the impact of favorable age structures
More at httpenwikipediaorgwikiDemographic_window
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
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MBA-DirectcomFT Newspaper subscriptionsFT DiariesFT ConferencesFT Syndication servicesThe Non-Executive Director
Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
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FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
RECRUITERS
FT Lexicon
FT Bespoke Forums
Market research
Growth companies
Corporate subscriptions
Luxury Travel brochures
Analyst Research
MBA-Directcom
FT Newspaper subscriptions
FT Diaries
FT Conferences
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US demands answers in death of Iranian dissident
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RELATED SERVICES
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LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
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Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
To comment you must sign in or register
Sign in Register
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Jobs
EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
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SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
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Netanyahu lays out peace terms
Children join desperate flight from Syria
NATO chopper crashes in Afghanistan
Mubarak faces charges for corruption deaths
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Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
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- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
2
ndash Vision
21(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallengeLinking
Nordic
Communities
(NC) amp Portuguese Speaking
Communities
(PSC)
PSC = 6th in
world
today 4th in
2050
Facts
PSC = Largest
in
the south
hemisphere
NC = Population
of Mozambique
= Territory
of Angola = 70 GDP of Brazil
Finland amp Brazil = Dignity
of Women
What
Unites
Finland amp Brazil = Cultural RichnessFinland amp Brazil = Environment
Awareness
Finland rarr Brazil = Population
Optimization
Sources
o Mutual Learning
Brazil rarr Finland = TEAMNEURSHIP (entrepreneur
amp intrapreneur)
Finland rarr Brazil = Resource
Use Solutions
Brazil rarr Finland = HUGE MARKETFinland rarr Brazil = On
competition
and cooperation
Brazil rarr Finland = HUGE RELIABLE SUPPLIER
2
ndash Vision
22(c) CCO Consulting Helsinki 260411
Snapshots about Brazil
Fast Forward
2
ndash Vision
23(c) CCO Consulting Helsinki 260411
GDP GDP ComparingAbsolute Population per capita with Portugal
Sweden 444600000000 9059651 49075 235Finland 232000000000 5250275 44188 212Norway 413500000000 4660539 88724 425Iceland 12770000000 306694 41638 199Denmark 305600000000 5500510 55558 266Portugal 223700000000 10707924 20891 100
Nordic Countries 1408470000000 56844Nordic Countries GDP 696 as of Brazil GDP 2024000000000Nordic Countries Population 24777669 Brazil Population 203429773 Brazil GDP pc 9949Nordic Countries GDP is 5713 of the Brazil GDP pcGDP of Portugal with the average GDP of Nordic CountriesPortuguese anual GDP Waste
Source httpenwikipediaorgwikiList_of_countries_by_GDP_28nominal29 030511 GDPhttpswwwciagovlibrarypublicationsthe-world-factbookgeosbrhtml 030511 Population
608684768381384984768381
USD 2010
2
ndash Vision
24(c) CCO Consulting Helsinki 260411
Have Fun with Samba
Be Careful with Security
2
ndash Vision
25(c) CCO Consulting Helsinki 260411
Average Growth Rates of Brazil
1998-2002 17
2003-2008 42
2009-2014 45 (expected of course)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
26(c) CCO Consulting Helsinki 260411
UNCTAD survey 2010-2012 shows Brazil being the THIRD country to be the priority for investment (FDI) from Multinational Companies
First
Second
Fourth
Fifth
So BRICs on the TOP of course
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
27(c) CCO Consulting Helsinki 260411
Brazil a economy with low credit as percentage of GDP
Source Eduardo Giannetti (Insper-SP)
A+B C D+E Total2003 13 66 96 1752009 20 95 73 1882014 31 113 56 200
millions of persons
A+B C D+E2003 7 38 552009 11 51 392014 16 57 28
Brazil MiracleSource Eduardo Giannetti (Insper-SP)
Class
Class
Source Eduardo Giannetti (Insper-SP)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
30(c) CCO Consulting Helsinki 260411
Complementing the two economies the largest companies
1 Petrobras-Petroacuteleo Brasil Oil amp gas operations Nokia Technology hardware amp equipment2 Banco do Brasil Banking Sampo Insurance3 Banco Bradesco Banking Fortum Oil amp gas operations4 Vale do Rio Doce Materials UPM-Kymmene Materials5 Itauacute Banking Stora Enso Materials6 Unibanco Group Banking Neste Oil Oil amp gas operations7 Eletrobraacutes Utilities OKO Bank Banking8 Usiminas Materials Rautaruukki Materials9 CSN-Cia Siderurgica Materials Metso Capital goods
10 Tele Norte Leste Telecommunications services Kesko Group Food markets11 Metalurgica Gerdau Materials Outokumpu Materials12 Embraer Aerospace amp defense M-real Materials13 Cemig Utilities Kone Construction14 Braskem Chemicals SanomaWSOY Media15 Brasil Telecom Telecommunications services Alma Media Media16 Aracruz Celulose Materials17 CBD-Brasil Distribuiccedilatildeo Food markets18 Ipiranga Oil amp gas operations19 CPFL Energia Utilities
Source httpwwweconomywatchcomcompaniesforbes-listbrazilhtmlhttpwwweconomywatchcomcompaniesforbes-listfinlandhtml
Brazil FinlandName of the company and Industry Type
Finland 1 billionaire per 5000000 persons
Brazil 30 billionaires per 200000000 personshellip
ldquoshould haverdquo at least 40 o)
2
ndash Vision
31(c) CCO Consulting Helsinki 260411
The largest banks in Brazil by total assets criteriaThe largest banks in Brazil by total assets criteria
For the For the completecomplete file click herefile click here
2
ndash Vision
32(c) CCO Consulting Helsinki 260411
Brazil NOW Brazil IN THE FUTURE
Brazilacutes Demographic Bonus started in 1999 and it will end in 2034
Demographic window is defined to be that period of time in a nations demographic evolution when the proportion of population of working age group is particularly prominenthellip But this so called demographic bonus (or demographic dividend) remains only a potential advantage as low participation rates (for instance among women) or rampant unemployment may limit the impact of favorable age structures
More at httpenwikipediaorgwikiDemographic_window
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
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MBA-DirectcomFT Newspaper subscriptionsFT DiariesFT ConferencesFT Syndication servicesThe Non-Executive Director
Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
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FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
RECRUITERS
FT Lexicon
FT Bespoke Forums
Market research
Growth companies
Corporate subscriptions
Luxury Travel brochures
Analyst Research
MBA-Directcom
FT Newspaper subscriptions
FT Diaries
FT Conferences
FT Syndication services
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SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
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LATEST HEADLINES FROM CNN
Erdogan speaks of brotherhood at rally
US demands answers in death of Iranian dissident
Virginity tests and the abuse of Egypts women
Many questions remain in Pakistani journalists death
Hopes fade for peaceful Arab transition to democracy
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Consulting Associates (Project Management)
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Post a job now
RELATED SERVICES
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LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
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Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
To comment you must sign in or register
Sign in Register
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Internal Control Manager - MediaMedia Entertainment Advertising
Chief of Staff
Financial Services
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Jobs
EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
SEARCH
RECRUITERS
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
US hits firms working with Iran
Netanyahu lays out peace terms
Children join desperate flight from Syria
NATO chopper crashes in Afghanistan
Mubarak faces charges for corruption deaths
More
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Consulting Associates (Client Acquisition)
FTcom can deliver talented individuals across all industries
around the world
Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
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- Slide Number 13
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- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
2
ndash Vision
22(c) CCO Consulting Helsinki 260411
Snapshots about Brazil
Fast Forward
2
ndash Vision
23(c) CCO Consulting Helsinki 260411
GDP GDP ComparingAbsolute Population per capita with Portugal
Sweden 444600000000 9059651 49075 235Finland 232000000000 5250275 44188 212Norway 413500000000 4660539 88724 425Iceland 12770000000 306694 41638 199Denmark 305600000000 5500510 55558 266Portugal 223700000000 10707924 20891 100
Nordic Countries 1408470000000 56844Nordic Countries GDP 696 as of Brazil GDP 2024000000000Nordic Countries Population 24777669 Brazil Population 203429773 Brazil GDP pc 9949Nordic Countries GDP is 5713 of the Brazil GDP pcGDP of Portugal with the average GDP of Nordic CountriesPortuguese anual GDP Waste
Source httpenwikipediaorgwikiList_of_countries_by_GDP_28nominal29 030511 GDPhttpswwwciagovlibrarypublicationsthe-world-factbookgeosbrhtml 030511 Population
608684768381384984768381
USD 2010
2
ndash Vision
24(c) CCO Consulting Helsinki 260411
Have Fun with Samba
Be Careful with Security
2
ndash Vision
25(c) CCO Consulting Helsinki 260411
Average Growth Rates of Brazil
1998-2002 17
2003-2008 42
2009-2014 45 (expected of course)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
26(c) CCO Consulting Helsinki 260411
UNCTAD survey 2010-2012 shows Brazil being the THIRD country to be the priority for investment (FDI) from Multinational Companies
First
Second
Fourth
Fifth
So BRICs on the TOP of course
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
27(c) CCO Consulting Helsinki 260411
Brazil a economy with low credit as percentage of GDP
Source Eduardo Giannetti (Insper-SP)
A+B C D+E Total2003 13 66 96 1752009 20 95 73 1882014 31 113 56 200
millions of persons
A+B C D+E2003 7 38 552009 11 51 392014 16 57 28
Brazil MiracleSource Eduardo Giannetti (Insper-SP)
Class
Class
Source Eduardo Giannetti (Insper-SP)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
30(c) CCO Consulting Helsinki 260411
Complementing the two economies the largest companies
1 Petrobras-Petroacuteleo Brasil Oil amp gas operations Nokia Technology hardware amp equipment2 Banco do Brasil Banking Sampo Insurance3 Banco Bradesco Banking Fortum Oil amp gas operations4 Vale do Rio Doce Materials UPM-Kymmene Materials5 Itauacute Banking Stora Enso Materials6 Unibanco Group Banking Neste Oil Oil amp gas operations7 Eletrobraacutes Utilities OKO Bank Banking8 Usiminas Materials Rautaruukki Materials9 CSN-Cia Siderurgica Materials Metso Capital goods
10 Tele Norte Leste Telecommunications services Kesko Group Food markets11 Metalurgica Gerdau Materials Outokumpu Materials12 Embraer Aerospace amp defense M-real Materials13 Cemig Utilities Kone Construction14 Braskem Chemicals SanomaWSOY Media15 Brasil Telecom Telecommunications services Alma Media Media16 Aracruz Celulose Materials17 CBD-Brasil Distribuiccedilatildeo Food markets18 Ipiranga Oil amp gas operations19 CPFL Energia Utilities
Source httpwwweconomywatchcomcompaniesforbes-listbrazilhtmlhttpwwweconomywatchcomcompaniesforbes-listfinlandhtml
Brazil FinlandName of the company and Industry Type
Finland 1 billionaire per 5000000 persons
Brazil 30 billionaires per 200000000 personshellip
ldquoshould haverdquo at least 40 o)
2
ndash Vision
31(c) CCO Consulting Helsinki 260411
The largest banks in Brazil by total assets criteriaThe largest banks in Brazil by total assets criteria
For the For the completecomplete file click herefile click here
2
ndash Vision
32(c) CCO Consulting Helsinki 260411
Brazil NOW Brazil IN THE FUTURE
Brazilacutes Demographic Bonus started in 1999 and it will end in 2034
Demographic window is defined to be that period of time in a nations demographic evolution when the proportion of population of working age group is particularly prominenthellip But this so called demographic bonus (or demographic dividend) remains only a potential advantage as low participation rates (for instance among women) or rampant unemployment may limit the impact of favorable age structures
More at httpenwikipediaorgwikiDemographic_window
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
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MBA-DirectcomFT Newspaper subscriptionsFT DiariesFT ConferencesFT Syndication servicesThe Non-Executive Director
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FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
RECRUITERS
FT Lexicon
FT Bespoke Forums
Market research
Growth companies
Corporate subscriptions
Luxury Travel brochures
Analyst Research
MBA-Directcom
FT Newspaper subscriptions
FT Diaries
FT Conferences
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Save over 70 on an FT subscription Plus get FREE
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LATEST HEADLINES FROM CNN
Erdogan speaks of brotherhood at rally
US demands answers in death of Iranian dissident
Virginity tests and the abuse of Egypts women
Many questions remain in Pakistani journalists death
Hopes fade for peaceful Arab transition to democracy
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Consulting Associates (Project Management)
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Post a job now
RELATED SERVICES
Jobs
LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
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Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
To comment you must sign in or register
Sign in Register
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Jobs
EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
SEARCH
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SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
US hits firms working with Iran
Netanyahu lays out peace terms
Children join desperate flight from Syria
NATO chopper crashes in Afghanistan
Mubarak faces charges for corruption deaths
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Consulting Associates (Project Management)
Consulting Associates (Client Acquisition)
FTcom can deliver talented individuals across all industries
around the world
Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
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- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
2
ndash Vision
23(c) CCO Consulting Helsinki 260411
GDP GDP ComparingAbsolute Population per capita with Portugal
Sweden 444600000000 9059651 49075 235Finland 232000000000 5250275 44188 212Norway 413500000000 4660539 88724 425Iceland 12770000000 306694 41638 199Denmark 305600000000 5500510 55558 266Portugal 223700000000 10707924 20891 100
Nordic Countries 1408470000000 56844Nordic Countries GDP 696 as of Brazil GDP 2024000000000Nordic Countries Population 24777669 Brazil Population 203429773 Brazil GDP pc 9949Nordic Countries GDP is 5713 of the Brazil GDP pcGDP of Portugal with the average GDP of Nordic CountriesPortuguese anual GDP Waste
Source httpenwikipediaorgwikiList_of_countries_by_GDP_28nominal29 030511 GDPhttpswwwciagovlibrarypublicationsthe-world-factbookgeosbrhtml 030511 Population
608684768381384984768381
USD 2010
2
ndash Vision
24(c) CCO Consulting Helsinki 260411
Have Fun with Samba
Be Careful with Security
2
ndash Vision
25(c) CCO Consulting Helsinki 260411
Average Growth Rates of Brazil
1998-2002 17
2003-2008 42
2009-2014 45 (expected of course)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
26(c) CCO Consulting Helsinki 260411
UNCTAD survey 2010-2012 shows Brazil being the THIRD country to be the priority for investment (FDI) from Multinational Companies
First
Second
Fourth
Fifth
So BRICs on the TOP of course
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
27(c) CCO Consulting Helsinki 260411
Brazil a economy with low credit as percentage of GDP
Source Eduardo Giannetti (Insper-SP)
A+B C D+E Total2003 13 66 96 1752009 20 95 73 1882014 31 113 56 200
millions of persons
A+B C D+E2003 7 38 552009 11 51 392014 16 57 28
Brazil MiracleSource Eduardo Giannetti (Insper-SP)
Class
Class
Source Eduardo Giannetti (Insper-SP)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
30(c) CCO Consulting Helsinki 260411
Complementing the two economies the largest companies
1 Petrobras-Petroacuteleo Brasil Oil amp gas operations Nokia Technology hardware amp equipment2 Banco do Brasil Banking Sampo Insurance3 Banco Bradesco Banking Fortum Oil amp gas operations4 Vale do Rio Doce Materials UPM-Kymmene Materials5 Itauacute Banking Stora Enso Materials6 Unibanco Group Banking Neste Oil Oil amp gas operations7 Eletrobraacutes Utilities OKO Bank Banking8 Usiminas Materials Rautaruukki Materials9 CSN-Cia Siderurgica Materials Metso Capital goods
10 Tele Norte Leste Telecommunications services Kesko Group Food markets11 Metalurgica Gerdau Materials Outokumpu Materials12 Embraer Aerospace amp defense M-real Materials13 Cemig Utilities Kone Construction14 Braskem Chemicals SanomaWSOY Media15 Brasil Telecom Telecommunications services Alma Media Media16 Aracruz Celulose Materials17 CBD-Brasil Distribuiccedilatildeo Food markets18 Ipiranga Oil amp gas operations19 CPFL Energia Utilities
Source httpwwweconomywatchcomcompaniesforbes-listbrazilhtmlhttpwwweconomywatchcomcompaniesforbes-listfinlandhtml
Brazil FinlandName of the company and Industry Type
Finland 1 billionaire per 5000000 persons
Brazil 30 billionaires per 200000000 personshellip
ldquoshould haverdquo at least 40 o)
2
ndash Vision
31(c) CCO Consulting Helsinki 260411
The largest banks in Brazil by total assets criteriaThe largest banks in Brazil by total assets criteria
For the For the completecomplete file click herefile click here
2
ndash Vision
32(c) CCO Consulting Helsinki 260411
Brazil NOW Brazil IN THE FUTURE
Brazilacutes Demographic Bonus started in 1999 and it will end in 2034
Demographic window is defined to be that period of time in a nations demographic evolution when the proportion of population of working age group is particularly prominenthellip But this so called demographic bonus (or demographic dividend) remains only a potential advantage as low participation rates (for instance among women) or rampant unemployment may limit the impact of favorable age structures
More at httpenwikipediaorgwikiDemographic_window
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
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FTcom can deliver talented individuals across all industriesaround the worldPost a job now
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Jobs
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
RECRUITERS
FT Lexicon
FT Bespoke Forums
Market research
Growth companies
Corporate subscriptions
Luxury Travel brochures
Analyst Research
MBA-Directcom
FT Newspaper subscriptions
FT Diaries
FT Conferences
FT Syndication services
The Non-Executive Director
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Save over 70 on an FT subscription Plus get FREE
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LATEST HEADLINES FROM CNN
Erdogan speaks of brotherhood at rally
US demands answers in death of Iranian dissident
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around the world
Post a job now
RELATED SERVICES
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LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
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LATEST HEADLINES FROM CNN
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Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
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MORE IN THIS SECTION
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Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
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around the world
Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
2
ndash Vision
24(c) CCO Consulting Helsinki 260411
Have Fun with Samba
Be Careful with Security
2
ndash Vision
25(c) CCO Consulting Helsinki 260411
Average Growth Rates of Brazil
1998-2002 17
2003-2008 42
2009-2014 45 (expected of course)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
26(c) CCO Consulting Helsinki 260411
UNCTAD survey 2010-2012 shows Brazil being the THIRD country to be the priority for investment (FDI) from Multinational Companies
First
Second
Fourth
Fifth
So BRICs on the TOP of course
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
27(c) CCO Consulting Helsinki 260411
Brazil a economy with low credit as percentage of GDP
Source Eduardo Giannetti (Insper-SP)
A+B C D+E Total2003 13 66 96 1752009 20 95 73 1882014 31 113 56 200
millions of persons
A+B C D+E2003 7 38 552009 11 51 392014 16 57 28
Brazil MiracleSource Eduardo Giannetti (Insper-SP)
Class
Class
Source Eduardo Giannetti (Insper-SP)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
30(c) CCO Consulting Helsinki 260411
Complementing the two economies the largest companies
1 Petrobras-Petroacuteleo Brasil Oil amp gas operations Nokia Technology hardware amp equipment2 Banco do Brasil Banking Sampo Insurance3 Banco Bradesco Banking Fortum Oil amp gas operations4 Vale do Rio Doce Materials UPM-Kymmene Materials5 Itauacute Banking Stora Enso Materials6 Unibanco Group Banking Neste Oil Oil amp gas operations7 Eletrobraacutes Utilities OKO Bank Banking8 Usiminas Materials Rautaruukki Materials9 CSN-Cia Siderurgica Materials Metso Capital goods
10 Tele Norte Leste Telecommunications services Kesko Group Food markets11 Metalurgica Gerdau Materials Outokumpu Materials12 Embraer Aerospace amp defense M-real Materials13 Cemig Utilities Kone Construction14 Braskem Chemicals SanomaWSOY Media15 Brasil Telecom Telecommunications services Alma Media Media16 Aracruz Celulose Materials17 CBD-Brasil Distribuiccedilatildeo Food markets18 Ipiranga Oil amp gas operations19 CPFL Energia Utilities
Source httpwwweconomywatchcomcompaniesforbes-listbrazilhtmlhttpwwweconomywatchcomcompaniesforbes-listfinlandhtml
Brazil FinlandName of the company and Industry Type
Finland 1 billionaire per 5000000 persons
Brazil 30 billionaires per 200000000 personshellip
ldquoshould haverdquo at least 40 o)
2
ndash Vision
31(c) CCO Consulting Helsinki 260411
The largest banks in Brazil by total assets criteriaThe largest banks in Brazil by total assets criteria
For the For the completecomplete file click herefile click here
2
ndash Vision
32(c) CCO Consulting Helsinki 260411
Brazil NOW Brazil IN THE FUTURE
Brazilacutes Demographic Bonus started in 1999 and it will end in 2034
Demographic window is defined to be that period of time in a nations demographic evolution when the proportion of population of working age group is particularly prominenthellip But this so called demographic bonus (or demographic dividend) remains only a potential advantage as low participation rates (for instance among women) or rampant unemployment may limit the impact of favorable age structures
More at httpenwikipediaorgwikiDemographic_window
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
SEARCH
RECRUITERS
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MBA-DirectcomFT Newspaper subscriptionsFT DiariesFT ConferencesFT Syndication servicesThe Non-Executive Director
Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
FTcom can deliver talented individuals across all industriesaround the worldPost a job now
RELATED SERVICES
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Jobs
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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FinancialBreadcrumb
SEARCH
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RELATED SERVICES
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LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
To comment you must sign in or register
Sign in Register
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Financial Services
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EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
SEARCH
RECRUITERS
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
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Netanyahu lays out peace terms
Children join desperate flight from Syria
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Mubarak faces charges for corruption deaths
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FTcom can deliver talented individuals across all industries
around the world
Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
2
ndash Vision
25(c) CCO Consulting Helsinki 260411
Average Growth Rates of Brazil
1998-2002 17
2003-2008 42
2009-2014 45 (expected of course)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
26(c) CCO Consulting Helsinki 260411
UNCTAD survey 2010-2012 shows Brazil being the THIRD country to be the priority for investment (FDI) from Multinational Companies
First
Second
Fourth
Fifth
So BRICs on the TOP of course
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
27(c) CCO Consulting Helsinki 260411
Brazil a economy with low credit as percentage of GDP
Source Eduardo Giannetti (Insper-SP)
A+B C D+E Total2003 13 66 96 1752009 20 95 73 1882014 31 113 56 200
millions of persons
A+B C D+E2003 7 38 552009 11 51 392014 16 57 28
Brazil MiracleSource Eduardo Giannetti (Insper-SP)
Class
Class
Source Eduardo Giannetti (Insper-SP)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
30(c) CCO Consulting Helsinki 260411
Complementing the two economies the largest companies
1 Petrobras-Petroacuteleo Brasil Oil amp gas operations Nokia Technology hardware amp equipment2 Banco do Brasil Banking Sampo Insurance3 Banco Bradesco Banking Fortum Oil amp gas operations4 Vale do Rio Doce Materials UPM-Kymmene Materials5 Itauacute Banking Stora Enso Materials6 Unibanco Group Banking Neste Oil Oil amp gas operations7 Eletrobraacutes Utilities OKO Bank Banking8 Usiminas Materials Rautaruukki Materials9 CSN-Cia Siderurgica Materials Metso Capital goods
10 Tele Norte Leste Telecommunications services Kesko Group Food markets11 Metalurgica Gerdau Materials Outokumpu Materials12 Embraer Aerospace amp defense M-real Materials13 Cemig Utilities Kone Construction14 Braskem Chemicals SanomaWSOY Media15 Brasil Telecom Telecommunications services Alma Media Media16 Aracruz Celulose Materials17 CBD-Brasil Distribuiccedilatildeo Food markets18 Ipiranga Oil amp gas operations19 CPFL Energia Utilities
Source httpwwweconomywatchcomcompaniesforbes-listbrazilhtmlhttpwwweconomywatchcomcompaniesforbes-listfinlandhtml
Brazil FinlandName of the company and Industry Type
Finland 1 billionaire per 5000000 persons
Brazil 30 billionaires per 200000000 personshellip
ldquoshould haverdquo at least 40 o)
2
ndash Vision
31(c) CCO Consulting Helsinki 260411
The largest banks in Brazil by total assets criteriaThe largest banks in Brazil by total assets criteria
For the For the completecomplete file click herefile click here
2
ndash Vision
32(c) CCO Consulting Helsinki 260411
Brazil NOW Brazil IN THE FUTURE
Brazilacutes Demographic Bonus started in 1999 and it will end in 2034
Demographic window is defined to be that period of time in a nations demographic evolution when the proportion of population of working age group is particularly prominenthellip But this so called demographic bonus (or demographic dividend) remains only a potential advantage as low participation rates (for instance among women) or rampant unemployment may limit the impact of favorable age structures
More at httpenwikipediaorgwikiDemographic_window
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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reddit BX Facebook stumbleupon Viadeo
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Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
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Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
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FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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FinancialBreadcrumb
SEARCH
RECRUITERS
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FT Bespoke Forums
Market research
Growth companies
Corporate subscriptions
Luxury Travel brochures
Analyst Research
MBA-Directcom
FT Newspaper subscriptions
FT Diaries
FT Conferences
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Save over 70 on an FT subscription Plus get FREE
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RELATED SERVICES
Jobs
LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
To comment you must sign in or register
Sign in Register
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Chief of Staff
Financial Services
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Jobs
EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
SEARCH
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SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
US hits firms working with Iran
Netanyahu lays out peace terms
Children join desperate flight from Syria
NATO chopper crashes in Afghanistan
Mubarak faces charges for corruption deaths
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Consulting Associates (Client Acquisition)
FTcom can deliver talented individuals across all industries
around the world
Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
2
ndash Vision
26(c) CCO Consulting Helsinki 260411
UNCTAD survey 2010-2012 shows Brazil being the THIRD country to be the priority for investment (FDI) from Multinational Companies
First
Second
Fourth
Fifth
So BRICs on the TOP of course
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
27(c) CCO Consulting Helsinki 260411
Brazil a economy with low credit as percentage of GDP
Source Eduardo Giannetti (Insper-SP)
A+B C D+E Total2003 13 66 96 1752009 20 95 73 1882014 31 113 56 200
millions of persons
A+B C D+E2003 7 38 552009 11 51 392014 16 57 28
Brazil MiracleSource Eduardo Giannetti (Insper-SP)
Class
Class
Source Eduardo Giannetti (Insper-SP)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
30(c) CCO Consulting Helsinki 260411
Complementing the two economies the largest companies
1 Petrobras-Petroacuteleo Brasil Oil amp gas operations Nokia Technology hardware amp equipment2 Banco do Brasil Banking Sampo Insurance3 Banco Bradesco Banking Fortum Oil amp gas operations4 Vale do Rio Doce Materials UPM-Kymmene Materials5 Itauacute Banking Stora Enso Materials6 Unibanco Group Banking Neste Oil Oil amp gas operations7 Eletrobraacutes Utilities OKO Bank Banking8 Usiminas Materials Rautaruukki Materials9 CSN-Cia Siderurgica Materials Metso Capital goods
10 Tele Norte Leste Telecommunications services Kesko Group Food markets11 Metalurgica Gerdau Materials Outokumpu Materials12 Embraer Aerospace amp defense M-real Materials13 Cemig Utilities Kone Construction14 Braskem Chemicals SanomaWSOY Media15 Brasil Telecom Telecommunications services Alma Media Media16 Aracruz Celulose Materials17 CBD-Brasil Distribuiccedilatildeo Food markets18 Ipiranga Oil amp gas operations19 CPFL Energia Utilities
Source httpwwweconomywatchcomcompaniesforbes-listbrazilhtmlhttpwwweconomywatchcomcompaniesforbes-listfinlandhtml
Brazil FinlandName of the company and Industry Type
Finland 1 billionaire per 5000000 persons
Brazil 30 billionaires per 200000000 personshellip
ldquoshould haverdquo at least 40 o)
2
ndash Vision
31(c) CCO Consulting Helsinki 260411
The largest banks in Brazil by total assets criteriaThe largest banks in Brazil by total assets criteria
For the For the completecomplete file click herefile click here
2
ndash Vision
32(c) CCO Consulting Helsinki 260411
Brazil NOW Brazil IN THE FUTURE
Brazilacutes Demographic Bonus started in 1999 and it will end in 2034
Demographic window is defined to be that period of time in a nations demographic evolution when the proportion of population of working age group is particularly prominenthellip But this so called demographic bonus (or demographic dividend) remains only a potential advantage as low participation rates (for instance among women) or rampant unemployment may limit the impact of favorable age structures
More at httpenwikipediaorgwikiDemographic_window
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
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FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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FinancialBreadcrumb
SEARCH
RECRUITERS
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FT Bespoke Forums
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Growth companies
Corporate subscriptions
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MBA-Directcom
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RELATED SERVICES
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LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
To comment you must sign in or register
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Jobs
EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
SEARCH
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SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
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LATEST HEADLINES FROM CNN
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Netanyahu lays out peace terms
Children join desperate flight from Syria
NATO chopper crashes in Afghanistan
Mubarak faces charges for corruption deaths
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around the world
Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
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- Slide Number 40
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-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
2
ndash Vision
27(c) CCO Consulting Helsinki 260411
Brazil a economy with low credit as percentage of GDP
Source Eduardo Giannetti (Insper-SP)
A+B C D+E Total2003 13 66 96 1752009 20 95 73 1882014 31 113 56 200
millions of persons
A+B C D+E2003 7 38 552009 11 51 392014 16 57 28
Brazil MiracleSource Eduardo Giannetti (Insper-SP)
Class
Class
Source Eduardo Giannetti (Insper-SP)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
30(c) CCO Consulting Helsinki 260411
Complementing the two economies the largest companies
1 Petrobras-Petroacuteleo Brasil Oil amp gas operations Nokia Technology hardware amp equipment2 Banco do Brasil Banking Sampo Insurance3 Banco Bradesco Banking Fortum Oil amp gas operations4 Vale do Rio Doce Materials UPM-Kymmene Materials5 Itauacute Banking Stora Enso Materials6 Unibanco Group Banking Neste Oil Oil amp gas operations7 Eletrobraacutes Utilities OKO Bank Banking8 Usiminas Materials Rautaruukki Materials9 CSN-Cia Siderurgica Materials Metso Capital goods
10 Tele Norte Leste Telecommunications services Kesko Group Food markets11 Metalurgica Gerdau Materials Outokumpu Materials12 Embraer Aerospace amp defense M-real Materials13 Cemig Utilities Kone Construction14 Braskem Chemicals SanomaWSOY Media15 Brasil Telecom Telecommunications services Alma Media Media16 Aracruz Celulose Materials17 CBD-Brasil Distribuiccedilatildeo Food markets18 Ipiranga Oil amp gas operations19 CPFL Energia Utilities
Source httpwwweconomywatchcomcompaniesforbes-listbrazilhtmlhttpwwweconomywatchcomcompaniesforbes-listfinlandhtml
Brazil FinlandName of the company and Industry Type
Finland 1 billionaire per 5000000 persons
Brazil 30 billionaires per 200000000 personshellip
ldquoshould haverdquo at least 40 o)
2
ndash Vision
31(c) CCO Consulting Helsinki 260411
The largest banks in Brazil by total assets criteriaThe largest banks in Brazil by total assets criteria
For the For the completecomplete file click herefile click here
2
ndash Vision
32(c) CCO Consulting Helsinki 260411
Brazil NOW Brazil IN THE FUTURE
Brazilacutes Demographic Bonus started in 1999 and it will end in 2034
Demographic window is defined to be that period of time in a nations demographic evolution when the proportion of population of working age group is particularly prominenthellip But this so called demographic bonus (or demographic dividend) remains only a potential advantage as low participation rates (for instance among women) or rampant unemployment may limit the impact of favorable age structures
More at httpenwikipediaorgwikiDemographic_window
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
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MBA-DirectcomFT Newspaper subscriptionsFT DiariesFT ConferencesFT Syndication servicesThe Non-Executive Director
Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
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FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
RECRUITERS
FT Lexicon
FT Bespoke Forums
Market research
Growth companies
Corporate subscriptions
Luxury Travel brochures
Analyst Research
MBA-Directcom
FT Newspaper subscriptions
FT Diaries
FT Conferences
FT Syndication services
The Non-Executive Director
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
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LATEST HEADLINES FROM CNN
Erdogan speaks of brotherhood at rally
US demands answers in death of Iranian dissident
Virginity tests and the abuse of Egypts women
Many questions remain in Pakistani journalists death
Hopes fade for peaceful Arab transition to democracy
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Consulting Associates (Project Management)
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around the world
Post a job now
RELATED SERVICES
Jobs
LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
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Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
To comment you must sign in or register
Sign in Register
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Save over 70 on an FT subscription Plus get FREEdelivery to your home of office
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LATEST HEADLINES FROM CNN
US hits firms working with IranVolcanic ash cloud to close Berlin airportsSuicide bomber attacks Pakistan policeJordan Interim council represents LibyansChina keeps mum on N Korean leaders visit
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Consulting Associates (Project Management)
Consulting Associates (Client Acquisition)
Internal Control Manager - MediaMedia Entertainment Advertising
Chief of Staff
Financial Services
FTcom can deliver talented individuals across all industriesaround the worldPost a job now
Jobs
EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
SEARCH
RECRUITERS
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
US hits firms working with Iran
Netanyahu lays out peace terms
Children join desperate flight from Syria
NATO chopper crashes in Afghanistan
Mubarak faces charges for corruption deaths
More
Consulting Associates (Project Management)
Consulting Associates (Client Acquisition)
FTcom can deliver talented individuals across all industries
around the world
Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
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- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
Source Eduardo Giannetti (Insper-SP)
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
30(c) CCO Consulting Helsinki 260411
Complementing the two economies the largest companies
1 Petrobras-Petroacuteleo Brasil Oil amp gas operations Nokia Technology hardware amp equipment2 Banco do Brasil Banking Sampo Insurance3 Banco Bradesco Banking Fortum Oil amp gas operations4 Vale do Rio Doce Materials UPM-Kymmene Materials5 Itauacute Banking Stora Enso Materials6 Unibanco Group Banking Neste Oil Oil amp gas operations7 Eletrobraacutes Utilities OKO Bank Banking8 Usiminas Materials Rautaruukki Materials9 CSN-Cia Siderurgica Materials Metso Capital goods
10 Tele Norte Leste Telecommunications services Kesko Group Food markets11 Metalurgica Gerdau Materials Outokumpu Materials12 Embraer Aerospace amp defense M-real Materials13 Cemig Utilities Kone Construction14 Braskem Chemicals SanomaWSOY Media15 Brasil Telecom Telecommunications services Alma Media Media16 Aracruz Celulose Materials17 CBD-Brasil Distribuiccedilatildeo Food markets18 Ipiranga Oil amp gas operations19 CPFL Energia Utilities
Source httpwwweconomywatchcomcompaniesforbes-listbrazilhtmlhttpwwweconomywatchcomcompaniesforbes-listfinlandhtml
Brazil FinlandName of the company and Industry Type
Finland 1 billionaire per 5000000 persons
Brazil 30 billionaires per 200000000 personshellip
ldquoshould haverdquo at least 40 o)
2
ndash Vision
31(c) CCO Consulting Helsinki 260411
The largest banks in Brazil by total assets criteriaThe largest banks in Brazil by total assets criteria
For the For the completecomplete file click herefile click here
2
ndash Vision
32(c) CCO Consulting Helsinki 260411
Brazil NOW Brazil IN THE FUTURE
Brazilacutes Demographic Bonus started in 1999 and it will end in 2034
Demographic window is defined to be that period of time in a nations demographic evolution when the proportion of population of working age group is particularly prominenthellip But this so called demographic bonus (or demographic dividend) remains only a potential advantage as low participation rates (for instance among women) or rampant unemployment may limit the impact of favorable age structures
More at httpenwikipediaorgwikiDemographic_window
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
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MBA-DirectcomFT Newspaper subscriptionsFT DiariesFT ConferencesFT Syndication servicesThe Non-Executive Director
Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
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FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
RECRUITERS
FT Lexicon
FT Bespoke Forums
Market research
Growth companies
Corporate subscriptions
Luxury Travel brochures
Analyst Research
MBA-Directcom
FT Newspaper subscriptions
FT Diaries
FT Conferences
FT Syndication services
The Non-Executive Director
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Save over 70 on an FT subscription Plus get FREE
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LATEST HEADLINES FROM CNN
Erdogan speaks of brotherhood at rally
US demands answers in death of Iranian dissident
Virginity tests and the abuse of Egypts women
Many questions remain in Pakistani journalists death
Hopes fade for peaceful Arab transition to democracy
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RELATED SERVICES
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LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
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Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
To comment you must sign in or register
Sign in Register
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Internal Control Manager - MediaMedia Entertainment Advertising
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Jobs
EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
SEARCH
RECRUITERS
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
US hits firms working with Iran
Netanyahu lays out peace terms
Children join desperate flight from Syria
NATO chopper crashes in Afghanistan
Mubarak faces charges for corruption deaths
More
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Consulting Associates (Client Acquisition)
FTcom can deliver talented individuals across all industries
around the world
Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
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- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
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- Slide Number 34
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- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
Source Eduardo Giannetti (Insper-SP)
2
ndash Vision
30(c) CCO Consulting Helsinki 260411
Complementing the two economies the largest companies
1 Petrobras-Petroacuteleo Brasil Oil amp gas operations Nokia Technology hardware amp equipment2 Banco do Brasil Banking Sampo Insurance3 Banco Bradesco Banking Fortum Oil amp gas operations4 Vale do Rio Doce Materials UPM-Kymmene Materials5 Itauacute Banking Stora Enso Materials6 Unibanco Group Banking Neste Oil Oil amp gas operations7 Eletrobraacutes Utilities OKO Bank Banking8 Usiminas Materials Rautaruukki Materials9 CSN-Cia Siderurgica Materials Metso Capital goods
10 Tele Norte Leste Telecommunications services Kesko Group Food markets11 Metalurgica Gerdau Materials Outokumpu Materials12 Embraer Aerospace amp defense M-real Materials13 Cemig Utilities Kone Construction14 Braskem Chemicals SanomaWSOY Media15 Brasil Telecom Telecommunications services Alma Media Media16 Aracruz Celulose Materials17 CBD-Brasil Distribuiccedilatildeo Food markets18 Ipiranga Oil amp gas operations19 CPFL Energia Utilities
Source httpwwweconomywatchcomcompaniesforbes-listbrazilhtmlhttpwwweconomywatchcomcompaniesforbes-listfinlandhtml
Brazil FinlandName of the company and Industry Type
Finland 1 billionaire per 5000000 persons
Brazil 30 billionaires per 200000000 personshellip
ldquoshould haverdquo at least 40 o)
2
ndash Vision
31(c) CCO Consulting Helsinki 260411
The largest banks in Brazil by total assets criteriaThe largest banks in Brazil by total assets criteria
For the For the completecomplete file click herefile click here
2
ndash Vision
32(c) CCO Consulting Helsinki 260411
Brazil NOW Brazil IN THE FUTURE
Brazilacutes Demographic Bonus started in 1999 and it will end in 2034
Demographic window is defined to be that period of time in a nations demographic evolution when the proportion of population of working age group is particularly prominenthellip But this so called demographic bonus (or demographic dividend) remains only a potential advantage as low participation rates (for instance among women) or rampant unemployment may limit the impact of favorable age structures
More at httpenwikipediaorgwikiDemographic_window
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
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MBA-DirectcomFT Newspaper subscriptionsFT DiariesFT ConferencesFT Syndication servicesThe Non-Executive Director
Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
FTcom can deliver talented individuals across all industriesaround the worldPost a job now
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FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
RECRUITERS
FT Lexicon
FT Bespoke Forums
Market research
Growth companies
Corporate subscriptions
Luxury Travel brochures
Analyst Research
MBA-Directcom
FT Newspaper subscriptions
FT Diaries
FT Conferences
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Save over 70 on an FT subscription Plus get FREE
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LATEST HEADLINES FROM CNN
Erdogan speaks of brotherhood at rally
US demands answers in death of Iranian dissident
Virginity tests and the abuse of Egypts women
Many questions remain in Pakistani journalists death
Hopes fade for peaceful Arab transition to democracy
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Consulting Associates (Project Management)
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around the world
Post a job now
RELATED SERVICES
Jobs
LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
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Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
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Jobs
EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
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FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
2
ndash Vision
30(c) CCO Consulting Helsinki 260411
Complementing the two economies the largest companies
1 Petrobras-Petroacuteleo Brasil Oil amp gas operations Nokia Technology hardware amp equipment2 Banco do Brasil Banking Sampo Insurance3 Banco Bradesco Banking Fortum Oil amp gas operations4 Vale do Rio Doce Materials UPM-Kymmene Materials5 Itauacute Banking Stora Enso Materials6 Unibanco Group Banking Neste Oil Oil amp gas operations7 Eletrobraacutes Utilities OKO Bank Banking8 Usiminas Materials Rautaruukki Materials9 CSN-Cia Siderurgica Materials Metso Capital goods
10 Tele Norte Leste Telecommunications services Kesko Group Food markets11 Metalurgica Gerdau Materials Outokumpu Materials12 Embraer Aerospace amp defense M-real Materials13 Cemig Utilities Kone Construction14 Braskem Chemicals SanomaWSOY Media15 Brasil Telecom Telecommunications services Alma Media Media16 Aracruz Celulose Materials17 CBD-Brasil Distribuiccedilatildeo Food markets18 Ipiranga Oil amp gas operations19 CPFL Energia Utilities
Source httpwwweconomywatchcomcompaniesforbes-listbrazilhtmlhttpwwweconomywatchcomcompaniesforbes-listfinlandhtml
Brazil FinlandName of the company and Industry Type
Finland 1 billionaire per 5000000 persons
Brazil 30 billionaires per 200000000 personshellip
ldquoshould haverdquo at least 40 o)
2
ndash Vision
31(c) CCO Consulting Helsinki 260411
The largest banks in Brazil by total assets criteriaThe largest banks in Brazil by total assets criteria
For the For the completecomplete file click herefile click here
2
ndash Vision
32(c) CCO Consulting Helsinki 260411
Brazil NOW Brazil IN THE FUTURE
Brazilacutes Demographic Bonus started in 1999 and it will end in 2034
Demographic window is defined to be that period of time in a nations demographic evolution when the proportion of population of working age group is particularly prominenthellip But this so called demographic bonus (or demographic dividend) remains only a potential advantage as low participation rates (for instance among women) or rampant unemployment may limit the impact of favorable age structures
More at httpenwikipediaorgwikiDemographic_window
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
SEARCH
RECRUITERS
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MBA-DirectcomFT Newspaper subscriptionsFT DiariesFT ConferencesFT Syndication servicesThe Non-Executive Director
Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
FTcom can deliver talented individuals across all industriesaround the worldPost a job now
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Jobs
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
RECRUITERS
FT Lexicon
FT Bespoke Forums
Market research
Growth companies
Corporate subscriptions
Luxury Travel brochures
Analyst Research
MBA-Directcom
FT Newspaper subscriptions
FT Diaries
FT Conferences
FT Syndication services
The Non-Executive Director
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
Erdogan speaks of brotherhood at rally
US demands answers in death of Iranian dissident
Virginity tests and the abuse of Egypts women
Many questions remain in Pakistani journalists death
Hopes fade for peaceful Arab transition to democracy
More
Consulting Associates (Client Acquisition)
Consulting Associates (Project Management)
FTcom can deliver talented individuals across all industries
around the world
Post a job now
RELATED SERVICES
Jobs
LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
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Save over 70 on an FT subscription Plus get FREEdelivery to your home of office
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LATEST HEADLINES FROM CNN
US hits firms working with IranVolcanic ash cloud to close Berlin airportsSuicide bomber attacks Pakistan policeJordan Interim council represents LibyansChina keeps mum on N Korean leaders visit
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Consulting Associates (Project Management)
Consulting Associates (Client Acquisition)
Internal Control Manager - MediaMedia Entertainment Advertising
Chief of Staff
Financial Services
FTcom can deliver talented individuals across all industriesaround the worldPost a job now
Jobs
EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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MORE IN THIS SECTION
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Lack of unity on IMF successor
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FinancialBreadcrumb
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FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
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- Slide Number 12
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- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
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- Slide Number 24
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- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
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- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
2
ndash Vision
31(c) CCO Consulting Helsinki 260411
The largest banks in Brazil by total assets criteriaThe largest banks in Brazil by total assets criteria
For the For the completecomplete file click herefile click here
2
ndash Vision
32(c) CCO Consulting Helsinki 260411
Brazil NOW Brazil IN THE FUTURE
Brazilacutes Demographic Bonus started in 1999 and it will end in 2034
Demographic window is defined to be that period of time in a nations demographic evolution when the proportion of population of working age group is particularly prominenthellip But this so called demographic bonus (or demographic dividend) remains only a potential advantage as low participation rates (for instance among women) or rampant unemployment may limit the impact of favorable age structures
More at httpenwikipediaorgwikiDemographic_window
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
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copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
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RECRUITERS
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Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
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Jobs
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
RECRUITERS
FT Lexicon
FT Bespoke Forums
Market research
Growth companies
Corporate subscriptions
Luxury Travel brochures
Analyst Research
MBA-Directcom
FT Newspaper subscriptions
FT Diaries
FT Conferences
FT Syndication services
The Non-Executive Director
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
Erdogan speaks of brotherhood at rally
US demands answers in death of Iranian dissident
Virginity tests and the abuse of Egypts women
Many questions remain in Pakistani journalists death
Hopes fade for peaceful Arab transition to democracy
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Consulting Associates (Client Acquisition)
Consulting Associates (Project Management)
FTcom can deliver talented individuals across all industries
around the world
Post a job now
RELATED SERVICES
Jobs
LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
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LATEST HEADLINES FROM CNN
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FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
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ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
2
ndash Vision
32(c) CCO Consulting Helsinki 260411
Brazil NOW Brazil IN THE FUTURE
Brazilacutes Demographic Bonus started in 1999 and it will end in 2034
Demographic window is defined to be that period of time in a nations demographic evolution when the proportion of population of working age group is particularly prominenthellip But this so called demographic bonus (or demographic dividend) remains only a potential advantage as low participation rates (for instance among women) or rampant unemployment may limit the impact of favorable age structures
More at httpenwikipediaorgwikiDemographic_window
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
SEARCH
RECRUITERS
FT LexiconFT Bespoke ForumsMarket researchGrowth companiesCorporate subscriptionsLuxury Travel brochuresAnalyst Research
MBA-DirectcomFT Newspaper subscriptionsFT DiariesFT ConferencesFT Syndication servicesThe Non-Executive Director
Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
FTcom can deliver talented individuals across all industriesaround the worldPost a job now
RELATED SERVICES
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Jobs
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
RECRUITERS
FT Lexicon
FT Bespoke Forums
Market research
Growth companies
Corporate subscriptions
Luxury Travel brochures
Analyst Research
MBA-Directcom
FT Newspaper subscriptions
FT Diaries
FT Conferences
FT Syndication services
The Non-Executive Director
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
Erdogan speaks of brotherhood at rally
US demands answers in death of Iranian dissident
Virginity tests and the abuse of Egypts women
Many questions remain in Pakistani journalists death
Hopes fade for peaceful Arab transition to democracy
More
Consulting Associates (Client Acquisition)
Consulting Associates (Project Management)
FTcom can deliver talented individuals across all industries
around the world
Post a job now
RELATED SERVICES
Jobs
LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
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Comments
Sorted by newest first | Sort by oldest first
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FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
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MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
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Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
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- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
2
ndash Vision
33(c) CCO Consulting Helsinki 260411
Brazil in 2012 is expected to have 456 shopping centers from 408 in 2010
Brazil in 2010 had 229 millions visits to shopping centers PER MONTH from 125 millions visits in 2000
Source PWC PCA ndash Paulo Carneiro Associados
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
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Jobs
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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FinancialBreadcrumb
SEARCH
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Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
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Sorted by newest first | Sort by oldest first
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FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
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MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
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Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
httpbrazil‐weeklycom
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
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RECRUITERS
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Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
FTcom can deliver talented individuals across all industriesaround the worldPost a job now
RELATED SERVICES
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Jobs
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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FinancialBreadcrumb
SEARCH
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Corporate subscriptions
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LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
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Comments
Sorted by newest first | Sort by oldest first
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EDITORIALCOMMENT
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FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
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MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
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Mubarak faces charges for corruption deaths
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Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
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- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
httpbrazil‐weeklycom
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
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RECRUITERS
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Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
FTcom can deliver talented individuals across all industriesaround the worldPost a job now
RELATED SERVICES
FT Home Site map Contact us About us Help
Jobs
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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FinancialBreadcrumb
SEARCH
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Corporate subscriptions
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RELATED SERVICES
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LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
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Comments
Sorted by newest first | Sort by oldest first
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EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
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Save over 70 on an FT subscription Plus get FREE
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Netanyahu lays out peace terms
Children join desperate flight from Syria
NATO chopper crashes in Afghanistan
Mubarak faces charges for corruption deaths
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Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
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- Slide Number 11
- Slide Number 12
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- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
2
ndash
Vision
36(c) CCO Consulting Helsinki 260411
The Great The Great ChallengeChallenge
Linking
Nordic
Communities
amp Portuguese Speaking
Communities
ldquoIt is easier for companies to come up with new ideas then to let go of old onesrdquo Peter Drucker
I wonder if it is the same with people o)
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
SEARCH
RECRUITERS
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MBA-DirectcomFT Newspaper subscriptionsFT DiariesFT ConferencesFT Syndication servicesThe Non-Executive Director
Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
FTcom can deliver talented individuals across all industriesaround the worldPost a job now
RELATED SERVICES
FT Home Site map Contact us About us Help
Jobs
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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Comments
Sorted by newest first | Sort by oldest first
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EDITORIALCOMMENT
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FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
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Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
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LATEST HEADLINES FROM CNN
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Netanyahu lays out peace terms
Children join desperate flight from Syria
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Mubarak faces charges for corruption deaths
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FTcom can deliver talented individuals across all industries
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Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
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- Slide Number 12
- Slide Number 13
- Slide Number 14
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- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
Isnacutet about time to go southPSC are in both sides of ldquoMuslim Riverrdquo
from Maroc to Indonesia
ldquoThe Muslim Riverrdquo
httpmundoportuguescomptSource
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
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copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
SEARCH
RECRUITERS
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Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
FTcom can deliver talented individuals across all industriesaround the worldPost a job now
RELATED SERVICES
FT Home Site map Contact us About us Help
Jobs
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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SEARCH
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1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
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Comments
Sorted by newest first | Sort by oldest first
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EDITORIALCOMMENT
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FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
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Save over 70 on an FT subscription Plus get FREE
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Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
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- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
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- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
39(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Would be important for the MINDSET upgrading in NC and PSC if the Law Faculties of Helsinki University Lisbon University PUC and an Angolan University would join forceshellip it would the FIRST cooperation agreement in world
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
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copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
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RECRUITERS
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Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
FTcom can deliver talented individuals across all industriesaround the worldPost a job now
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Jobs
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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FinancialBreadcrumb
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RELATED SERVICES
Jobs
LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
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Comments
Sorted by newest first | Sort by oldest first
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EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
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Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
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Netanyahu lays out peace terms
Children join desperate flight from Syria
NATO chopper crashes in Afghanistan
Mubarak faces charges for corruption deaths
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Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
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- Slide Number 12
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- Slide Number 14
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- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
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- Slide Number 38
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- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
40(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Helsinki University belongs to TOP 20 BEST non English Universities in World Doubts Check here by clicking
For the Universities of Portuguese Speaking Communities is HARD to find better partner
For Helsinki University it is HARD to find such INNOVATIVE partnership
Clearly a WIN-WIN situation
Statistics Create Perceptionshellip and Perceptions Shape Reality
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
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copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
SEARCH
RECRUITERS
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MBA-DirectcomFT Newspaper subscriptionsFT DiariesFT ConferencesFT Syndication servicesThe Non-Executive Director
Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
FTcom can deliver talented individuals across all industriesaround the worldPost a job now
RELATED SERVICES
FT Home Site map Contact us About us Help
Jobs
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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FinancialBreadcrumb
SEARCH
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LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
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Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
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LATEST HEADLINES FROM CNN
US hits firms working with IranVolcanic ash cloud to close Berlin airportsSuicide bomber attacks Pakistan policeJordan Interim council represents LibyansChina keeps mum on N Korean leaders visit
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EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
SEARCH
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SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
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Netanyahu lays out peace terms
Children join desperate flight from Syria
NATO chopper crashes in Afghanistan
Mubarak faces charges for corruption deaths
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FTcom can deliver talented individuals across all industries
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Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
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- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
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- Slide Number 33
- Slide Number 34
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- Slide Number 36
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- Slide Number 38
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- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
41(c) CCO Consulting Helsinki 260411
Morning Efforts
to link brain
power
by
using
the ldquoacademiardquo
as tool through
students
amp
professors
3
ndash The Brazil Finland Day
Mr Esko Aho once said something intelligent like this
RampD is when we transform money in knowledge
Innovation is when we transform knowledge in money
Not MONEY but I feel it is a Imperative Categorical (Kant) to spread INNOVATIONhellip within what could be FIRST cooperation agreement in the WORLD
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
SEARCH
RECRUITERS
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MBA-DirectcomFT Newspaper subscriptionsFT DiariesFT ConferencesFT Syndication servicesThe Non-Executive Director
Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
FTcom can deliver talented individuals across all industriesaround the worldPost a job now
RELATED SERVICES
FT Home Site map Contact us About us Help
Jobs
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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FinancialBreadcrumb
SEARCH
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LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
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LATEST HEADLINES FROM CNN
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EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
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Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
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Mubarak faces charges for corruption deaths
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FTcom can deliver talented individuals across all industries
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Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
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- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
42(c) CCO Consulting Helsinki 260411
3
ndash The Brazil Finland Day
Eduardo Bueno
httpspicasawebgooglecomlhsrediruname=114638842341563 827994amptarget=ALBUMampid=5601290238527324337ampauthkey=Gv1 sRgCPTlvqLi19rZbQampinvite=CLadvt8Eampfeat=email
To dowload these and more pictures please click
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
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Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
FTcom can deliver talented individuals across all industriesaround the worldPost a job now
RELATED SERVICES
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Jobs
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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FinancialBreadcrumb
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LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
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Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
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LATEST HEADLINES FROM CNN
US hits firms working with IranVolcanic ash cloud to close Berlin airportsSuicide bomber attacks Pakistan policeJordan Interim council represents LibyansChina keeps mum on N Korean leaders visit
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EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
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Mubarak faces charges for corruption deaths
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Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
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- Slide Number 14
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- Slide Number 17
- Slide Number 18
- Slide Number 19
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- Slide Number 21
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- Slide Number 23
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- Slide Number 25
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- Slide Number 27
- Slide Number 28
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- Slide Number 30
- Slide Number 31
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- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
4
ndash Next Steps
43(c) CCO Consulting Helsinki 260411
After
the 260411 we
had
been
having
meetings
in
Finland Portugal and in
Brazil
So
energizing
movementwave
is
being
createdhellip
thanks
to YOU
The concept
of Brazil Finland Business Club was
enrichedhellip
so
something
else
is
about
to show up
In July
we
expect
to be
ready
to present
a plan
of activities 20112012
Later
on
we
will
send
an
email to get
feed
more feedback from you
We
will
be
pleased
if
Varpu
Taarna
(who
masters
Portuguese and English) will
have
time
to lead
the process
Now
we
would
like
to know
your
feedback about
the Brazil Finland Day and what
you
would
like
that
happen
next
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
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MBA-DirectcomFT Newspaper subscriptionsFT DiariesFT ConferencesFT Syndication servicesThe Non-Executive Director
Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
FTcom can deliver talented individuals across all industriesaround the worldPost a job now
RELATED SERVICES
FT Home Site map Contact us About us Help
Jobs
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
RECRUITERS
FT Lexicon
FT Bespoke Forums
Market research
Growth companies
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LATIN AMERICA amp CARIBBEAN
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FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
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Comments
Sorted by newest first | Sort by oldest first
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FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
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ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
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- Slide Number 40
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- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
44(c) CCO Consulting Helsinki 260411
4
ndash Next Steps
httpwwweagleschoolmoviecom
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
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RECRUITERS
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MBA-DirectcomFT Newspaper subscriptionsFT DiariesFT ConferencesFT Syndication servicesThe Non-Executive Director
Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
FTcom can deliver talented individuals across all industriesaround the worldPost a job now
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FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
RECRUITERS
FT Lexicon
FT Bespoke Forums
Market research
Growth companies
Corporate subscriptions
Luxury Travel brochures
Analyst Research
MBA-Directcom
FT Newspaper subscriptions
FT Diaries
FT Conferences
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The Non-Executive Director
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
Erdogan speaks of brotherhood at rally
US demands answers in death of Iranian dissident
Virginity tests and the abuse of Egypts women
Many questions remain in Pakistani journalists death
Hopes fade for peaceful Arab transition to democracy
More
Consulting Associates (Client Acquisition)
Consulting Associates (Project Management)
FTcom can deliver talented individuals across all industries
around the world
Post a job now
RELATED SERVICES
Jobs
LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
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Comments
Sorted by newest first | Sort by oldest first
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FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
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MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
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FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
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- Slide Number 21
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- Slide Number 28
- Slide Number 29
- Slide Number 30
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- Slide Number 40
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- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
4
ndash Next Steps
45(c) CCO Consulting Helsinki 260411
In linking
the Nordic
Communities
in
general and Finland in
particular with
Portuguese Speaking
Communities
in
general and Brazil in
particular are we
capable
of Being
Wise
Expressing
Integrity
We
count
on
YOU Remember
the good
corn
Kiitos Thank
you Obrigado
MARCO Cardoso (teamneursgmailcom)+358407791156
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
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MBA-DirectcomFT Newspaper subscriptionsFT DiariesFT ConferencesFT Syndication servicesThe Non-Executive Director
Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
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FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
RECRUITERS
FT Lexicon
FT Bespoke Forums
Market research
Growth companies
Corporate subscriptions
Luxury Travel brochures
Analyst Research
MBA-Directcom
FT Newspaper subscriptions
FT Diaries
FT Conferences
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The Non-Executive Director
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
Erdogan speaks of brotherhood at rally
US demands answers in death of Iranian dissident
Virginity tests and the abuse of Egypts women
Many questions remain in Pakistani journalists death
Hopes fade for peaceful Arab transition to democracy
More
Consulting Associates (Client Acquisition)
Consulting Associates (Project Management)
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around the world
Post a job now
RELATED SERVICES
Jobs
LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
To comment you must sign in or register
Sign in Register
SEARCH
RECRUITERS
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREEdelivery to your home of office
More
LATEST HEADLINES FROM CNN
US hits firms working with IranVolcanic ash cloud to close Berlin airportsSuicide bomber attacks Pakistan policeJordan Interim council represents LibyansChina keeps mum on N Korean leaders visit
More
Consulting Associates (Project Management)
Consulting Associates (Client Acquisition)
Internal Control Manager - MediaMedia Entertainment Advertising
Chief of Staff
Financial Services
FTcom can deliver talented individuals across all industriesaround the worldPost a job now
Jobs
EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
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FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
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- Slide Number 28
- Slide Number 29
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- Slide Number 40
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- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
46(c) CCO Consulting Helsinki 260411
Helsinki
Agreement 1962 for a nordic
federation
on
2030
5 ‐
Additional
Fernatildeo Magalhatildees death on 26041521 page 174
Fernatildeo Magalhatildees death on 27041521In the Conference on Knowledge and Innovation in Helsinki School of Economics 25- 26 May 2000 Otto Scharmer presented ldquoPresencing Learning from the future as It Emergesrdquo It is super interesting to see that in Linking NC and PSC we are participating in a ldquoPresencingrdquo process
On the 260411 it was posted that Eduardo Souto Moura won the Pritzker Prize ldquoNobel Prize for Architecturerdquo Congratulations Eduardo
The Brazil Finland Day started with the WIIL of Nelson Nelson FariaFaria de Oliveirade Oliveira to make in Finland the 48th 48th EncontroEncontro dos dos DescobrimentosDescobrimentos Congratulations Nelson
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
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RECRUITERS
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MBA-DirectcomFT Newspaper subscriptionsFT DiariesFT ConferencesFT Syndication servicesThe Non-Executive Director
Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
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FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
RECRUITERS
FT Lexicon
FT Bespoke Forums
Market research
Growth companies
Corporate subscriptions
Luxury Travel brochures
Analyst Research
MBA-Directcom
FT Newspaper subscriptions
FT Diaries
FT Conferences
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Save over 70 on an FT subscription Plus get FREE
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LATEST HEADLINES FROM CNN
Erdogan speaks of brotherhood at rally
US demands answers in death of Iranian dissident
Virginity tests and the abuse of Egypts women
Many questions remain in Pakistani journalists death
Hopes fade for peaceful Arab transition to democracy
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Post a job now
RELATED SERVICES
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LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
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Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
To comment you must sign in or register
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US hits firms working with IranVolcanic ash cloud to close Berlin airportsSuicide bomber attacks Pakistan policeJordan Interim council represents LibyansChina keeps mum on N Korean leaders visit
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Internal Control Manager - MediaMedia Entertainment Advertising
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Jobs
EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
SEARCH
RECRUITERS
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
US hits firms working with Iran
Netanyahu lays out peace terms
Children join desperate flight from Syria
NATO chopper crashes in Afghanistan
Mubarak faces charges for corruption deaths
More
Consulting Associates (Project Management)
Consulting Associates (Client Acquisition)
FTcom can deliver talented individuals across all industries
around the world
Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
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- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
FT Home gt Companies gt Industrials gt Construction
Superport is Brazilrsquos new route to ChinaBy Joe Leahy in Satildeo PauloPublished May 9 2011 2314 | Last updated May 9 2011 2314
The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scaleto match anything in the Asian nation from which it takes its nickname
Officially known as the Accedilu Superport the facility stretches into thesea off the coast of the state of Rio de Janeiro and is the mostambitious component of the portfolio of Eike Batista Brazilrsquos richestman
After it begins operations next year it will be deep enough to servicethe Chinamax ndash a new vessel capable of shipping 400000 tonnes ofiron ore between Brazil and China twice that of most existing bulkcarriers plying the route
Accedilu is one of the most ambitious projects backed by Mr Batista a former extreme speedboatracing champion estimated by Forbes magazine as the worldrsquos eighth-richest man with a fortuneof $30bn
Mr Batista who runs his empire from Rio de Janeiro through holding company EBX Groupgrew up with mining and exploration
EDITORrsquoS CHOICEExplorer OGX in London listing- May-09
Petrobras ethanol target tripled- May-08
Centrica feels the heat over taxrise - May-09
Demand for LNG flaresworldwide - May-09
Bribery legislation warning forenergy groups - May-08
His father Eliezer as mining minister presided over the transformation of Companhia Vale doRio Doce (later privatised and renamed Vale) into one of the worldrsquos largest iron ore producers
Mr Batista set up and ran his own gold and diamond mining operations in the Amazon in the1980s
Between 2004 and 2008 he raised $10bn from equity investors in initial public offerings ofEBXrsquos subsidiaries most offering little more than ambitious plans
EBXrsquos main subsidiaries include LLX the logistics company building Accedilu port OGX Petroleo eNatural Gas Participacoes the oil flagship power-generation company MPX oil services andshipbuilder OSX and miner MMX
With the exception of MMX these are all in the start-up phase Only the mining subsidiary isgenerating cash at this stage However EBX says it will invest $15bn between 2010 and 2014in start up companies in the oil and gas energy and mining sectors
At his headquarters on Flamengo beach Mr Batista sprinkles his conversation with the wordldquobrutalrdquo to describe everything from his experiences developing his first gold mine in the Amazonin the 1980s to his vision for a vertically integrated oil mining and energy group
ldquoYou can see the synergies behind the whole thing and they are brutalrdquo he says of EBX
The biggest project is Accedilu which is set to become the largest port in the Americas oncompletion Set on a remote beach the facility is seeking to attract $40bn in total investmentacross an area 25 times the size of Manhattan island
Mr Batista wants the port to serve miners ndash London-listed Anglo American is planning totransport iron ore from its inland mines to Accedilu via a 525km pipeline ndash and oil companies
The port is near Brazilrsquos giant offshore ldquopre-saltrdquo oil fields expected by many to propel thecountry into the worldrsquos top ranks of producers of the fuel in the coming years
ldquoThe oil is all in front of usrdquo says Mr Batista ldquoThis will be the pre-salt industrial parkrdquo
Mr Batistarsquos partners in Accedilu include Chinarsquos Wuhan Iron and Steel which is building a steelplant and South Korearsquos Hyundai Heavy Industries which is investing in a shipyard with OSXMr Batista is courting automotive manufacturers to the facility which will also have its ownpower plants
The billionaire forecasts that Brazilrsquos ship-building industry could employ about 300000 peoplein the next five to eight years three times the number today as it increases capacity to servethe pre-salt fields
DEALS amp DEALMAKERS
While mergers and acquisitions in Europe and the UShave seen a faltering recovery since the financial crisisChinese dealmaking is evolving fast creating newopportunities and challenging preconceptions Part five ofthe Deals amp Dealmakers series investigates the outlookfor MampA in China and beyond
More
LATEST HEADLINES FROM CNBC
Falling Oil Prices Bad for USChina Relations EconomistNot Comfortable Being Bullish Says BullCMEs Oil Margin Hike is a Good Move ProCharting Asia | Silver ComexAfter Sell-off Focus on Margin Requirements China DataOil Survey
More
CONSTRUCTIONCOMPANIES
Business for sale Contracts amp tenders
FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
1 de 2 10-05-2011 958
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
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MBA-DirectcomFT Newspaper subscriptionsFT DiariesFT ConferencesFT Syndication servicesThe Non-Executive Director
Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
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2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
RECRUITERS
FT Lexicon
FT Bespoke Forums
Market research
Growth companies
Corporate subscriptions
Luxury Travel brochures
Analyst Research
MBA-Directcom
FT Newspaper subscriptions
FT Diaries
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Erdogan speaks of brotherhood at rally
US demands answers in death of Iranian dissident
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Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
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Sign in Register
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Jobs
EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
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Save over 70 on an FT subscription Plus get FREE
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LATEST HEADLINES FROM CNN
US hits firms working with Iran
Netanyahu lays out peace terms
Children join desperate flight from Syria
NATO chopper crashes in Afghanistan
Mubarak faces charges for corruption deaths
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around the world
Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
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- Slide Number 7
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-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
He also sees ports as one of the main bottlenecks holding back Brazil ldquoYou know what people[investors] say to me lsquoI love your country I love Brazil but I donrsquot know how we can get stuff inor out of itrsquordquo
But for Mr Batista a key hurdle will be meeting the expectations of impatient stock marketinvestors
OGX was trading at R$1448 per share on Friday down from almost R$20 since the release ofa report in mid-April that said the company had 31bn barrels of oil equivalent of ldquocontingentresourcesrdquo ndash oil that is potentially recoverable
This was below market expectations and the companyrsquos own estimates of 4bn boe Mr Batistarejected the findings of the report conducted by consultants DeGolyer and MacNaughton asbased on outdated recovery techniques and too conservative
Mr Batista says his mining company is already generating cash while OGX OSX and MPXshould begin doing so in October LLX will have to wait until the third quarter of next year
Many analysts see his forecasts particularly for OGXrsquos oil production as aggressive OGXrsquos2008 initial public offering was one of the most successful on the Brazilian market but OSXrsquoslisting in Satildeo Paulo last year flopped
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
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reddit BX Facebook stumbleupon Viadeo
MORE FROM THIS SECTORTravis rides flat markets to boost revenuesLafarge and Anglo eye sales to aid ventureThyssenKrupp begins radical shake-upLafarge hit by Middle East unrestHolcim held back by high raw material costsMcAlpine feels pressure of spending cutsGerman crane group targetedItrsquos too late to buy into booming manufacturersAmericarsquos lsquorust beltrsquo states lead recoveryCrest echoes reports of housebuilding revival
Advertise with the FT Media centre FT Newspaper subscriptions FT Conferences FT Syndication Corporate subscriptions FT Group Careers at the FTPartner sites Chinese FTcom The Mergermarket Group Investors Chronicle Exec-Appointmentscom Money Media The Banker fDi Intelligence MBA-Directcom The Non-Executive Director
copy Copyright The Financial Times Ltd 2011 FT and Financial Times are trademarks of The Financial Times Ltd Privacy policy Terms
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Assistant Director ndash Commercial DevelopmentMarie Curie Cancer CareDirector of Finance amp ResourcesBritish Safety CouncilVice President International FundingKommunalbanken Norway (KBN)Chief Financial OfficerRecycling and renewable power company
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FTcom Companies Construction - Superport is Brazilrsquos new rou httpwwwftcomcmss0d9abc660-7a60-11e0-af64-00144feabdc0
2 de 2 10-05-2011 958
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
RECRUITERS
FT Lexicon
FT Bespoke Forums
Market research
Growth companies
Corporate subscriptions
Luxury Travel brochures
Analyst Research
MBA-Directcom
FT Newspaper subscriptions
FT Diaries
FT Conferences
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SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
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More
LATEST HEADLINES FROM CNN
Erdogan speaks of brotherhood at rally
US demands answers in death of Iranian dissident
Virginity tests and the abuse of Egypts women
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Post a job now
RELATED SERVICES
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LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
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Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
To comment you must sign in or register
Sign in Register
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Jobs
EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
SEARCH
RECRUITERS
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
US hits firms working with Iran
Netanyahu lays out peace terms
Children join desperate flight from Syria
NATO chopper crashes in Afghanistan
Mubarak faces charges for corruption deaths
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Consulting Associates (Client Acquisition)
FTcom can deliver talented individuals across all industries
around the world
Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
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- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
FT Home gt World gt Latin America amp Caribbean
Companies to help cope with World Cup crowdsBy Samantha Pearson in Satildeo Paulo
Published June 1 2011 2031 | Last updated June 1 2011 2031
Brazilrsquos government has confirmed it will let private companies run three of the countryrsquos major
airports through concession agreements as the country scrambles to revamp its transport
system before hosting the World Cup and the Olympics
In an ideological U-turn Brazil will end the state monopoly over the sector by creating special
purpose vehicles to manage and expand the main international airports in Satildeo Paulo and the
countryrsquos capital Brasiacutelia
EDITORrsquoS CHOICE
beyondbrics Brazil - Apr-11
Emerging markets to seeinvestment rise - Jun-01
SampP raises Brazil creditoutlook - May-24
Brazilrsquos Embraer weathersunexpected turbulence - May-23
Brazil lending hides deeperproblems - May-17
Infraero the government-owned airport operator will only be allowed up to a 49 per cent share
of the new entities while the remaining stakes will be auctioned off to private companies under
terms expected to be disclosed in December the office of Brazilrsquos president said late on
Tuesday
ldquoThis is without doubt a positive step forwardrdquo said Otaacutevio Augusto Martins Nese president of
the Satildeo Paulo chapter of the Project Management Institute ldquoOur main highways here are in the
hands of the private sector and they work extremely well If they were in the hands of the
government the investments just wouldnrsquot have been maderdquo
Higher salaries and greater access to credit have caused an explosion in domestic air travel
growth while the countryrsquos attractive investment credentials have lured planeloads of foreigners
on business putting an enormous strain on Brazilrsquos dilapidated airports
ldquoRising demand has been met with insufficient and delayed investmentrdquo said Paulo Godoy
president of Brazilrsquos Association of Infrastructure and Industries ldquoBecause of this business
deals are lost and there is more discomfort and longer queues than normalrdquo
In Satildeo Paulo foreign travellers are often advised to get to the airport four hours in advance and
delays and cancellations are commonplace making the cityrsquos airport the Achillesrsquo heel of one of
the worldrsquos most promising business destinations
The prospect of up to a million more visitors arriving in Brazil for the World Cup in 2014 and
even more for the Olympics in 2016 has added to the sense of urgency to reform the sector
and speed up expansion
In April the government also announced plans to increase foreign ownership of domestic
airlines to 49 per cent the first big reform under Brazilrsquos technocratic president Dilma
Rousseff
The government also said on Tuesday it was considering partially privatising Rio de Janeirorsquos
international airport and the main airport in Brazilrsquos key mining state of Minas Gerais
While the decision to create public-private partnerships to run Guarulhos and Viracopos airports
in Satildeo Paulo state and the Juscelino Kubitschek airport in Brasiacutelia was largely welcomed some
warned that the government should go further
ldquoInfraero could still have up to 49 per cent control of the airports and thatrsquos a big chunkrdquo said
PMIrsquos Mr Martins Nese adding that the ideal solution would be handing over total management
to the private sector as is done in other countries such as the United States
The decision to leave Infraero as a key stakeholder could also put off private companies which
may be reluctant to do business with a state entity which has already gained a reputation for
inefficiency and political bias added Richard Dubois infrastructure partner at PwC in Satildeo
Paulo
ldquoItrsquos going to make it very bureaucratic and complicated to run Even when you just want to buy
a pencil yoursquoll have to justify it to the staterdquo
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
FinancialBreadcrumb
SEARCH
RECRUITERS
FT Lexicon
FT Bespoke Forums
Market research
Growth companies
Corporate subscriptions
Luxury Travel brochures
Analyst Research
MBA-Directcom
FT Newspaper subscriptions
FT Diaries
FT Conferences
FT Syndication services
The Non-Executive Director
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
Erdogan speaks of brotherhood at rally
US demands answers in death of Iranian dissident
Virginity tests and the abuse of Egypts women
Many questions remain in Pakistani journalists death
Hopes fade for peaceful Arab transition to democracy
More
Consulting Associates (Client Acquisition)
Consulting Associates (Project Management)
FTcom can deliver talented individuals across all industries
around the world
Post a job now
RELATED SERVICES
Jobs
LATIN AMERICA amp CARIBBEAN
Business for sale Contracts amp tendersJobs
FTcom Latin America amp Caribbean - Companies to help cope wi httpwwwftcomintlcmss0f8e60a58-8c72-11e0-883f-00144fea
1 de 2 02-06-2011 907
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
To comment you must sign in or register
Sign in Register
SEARCH
RECRUITERS
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREEdelivery to your home of office
More
LATEST HEADLINES FROM CNN
US hits firms working with IranVolcanic ash cloud to close Berlin airportsSuicide bomber attacks Pakistan policeJordan Interim council represents LibyansChina keeps mum on N Korean leaders visit
More
Consulting Associates (Project Management)
Consulting Associates (Client Acquisition)
Internal Control Manager - MediaMedia Entertainment Advertising
Chief of Staff
Financial Services
FTcom can deliver talented individuals across all industriesaround the worldPost a job now
Jobs
EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
SEARCH
RECRUITERS
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
US hits firms working with Iran
Netanyahu lays out peace terms
Children join desperate flight from Syria
NATO chopper crashes in Afghanistan
Mubarak faces charges for corruption deaths
More
Consulting Associates (Project Management)
Consulting Associates (Client Acquisition)
FTcom can deliver talented individuals across all industries
around the world
Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
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- Slide Number 14
- Slide Number 15
- Slide Number 16
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- Slide Number 18
- Slide Number 19
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- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
FT Home gt Comment gt Editorial
Brazil and China the lsquoperfect matchrsquoPublished May 24 2011 2047 | Last updated May 24 2011 2047
Probably no country has gained as much from the rise of China as Brazil Each country haswhat the other lacks China needs commodities to house and feed its population Brazil hasthem in abundance Brazil needs foreign savings to fund domestic investment China has asurplus Extra bonus their shared history has no colonial baggage As a result a long distancerelationship has flowered Over the past decade bilateral trade has increased 18-fold to morethan $50bn annually Yet as an FT special report earlier this week made clear the
honeymoon for this ldquoperfect matchrdquo is now over
Every day Brasiacutelia faces increasing protests from manufacturers complaining that cheapChinese-made goods are ldquode-industrialisingrdquo the country This pushes Brazilian buttons giventhe regionrsquos long history of commodity dependence But trade numbers bear out the concernsover the past 10 years the share of commodities in total Brazilian exports has more thandoubled to 46 per cent while manufactured goods have slumped Massive Chinese foreignexchange intervention which has deflected international capital flows to other markets in theso-called ldquocurrency warsrdquo has not helped The real value of Brazilrsquos trade-weighted currencyhas surged 24 per cent since 2007 punishing local industry even more Indeed most of thecountryrsquos carnival costumes are now made in China so too much of its processed steel As aresult Brazil has begun to re-evaluate its Chinese ties
EDITORrsquoS CHOICE
Lessons in cultural awareness -May-18
China trade surplus surges to$114bn - May-10
Superport is Brazilrsquos new routeto China - May-09
The New Trade Routes Brazilamp China - May-20
Brazil wins friends overseas -May-02
Brazilrsquos carnival is lsquomade inChinarsquo - Mar-06
Trade retaliation is a tactical possibility Indeed of the 144 anti-dumping investigations thatBrazil launched at the end of last year 50 were against China But this is also a dangerouspath An alternative is to foster complementary industries as other successful commodityproducers have done Norway rich in oil has an exportable excellence in deep waterengineering Israel once famous for oranges is now better known for the irrigation technology itdeveloped to grow them Brazilrsquos comparative advantage lies in agricultural sciences
That is why Brazil has begun to lobby China to open up its domestic market to processedagricultural goods China for its part has recognised Brazilrsquos strategic importance as a tradepartner is listening to Brasiacuteliarsquos concerns and is considering lifting trade barriers Any
moves no doubt will be modest But if Beijing really does go on to do what Brasiacutelia hopes itwill Brazil will have played both the economics and politics of globalisation rather well
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cutarticles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
Post your own comment
Comments
Sorted by newest first | Sort by oldest first
FinancialBreadcrumb
To comment you must sign in or register
Sign in Register
SEARCH
RECRUITERS
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREEdelivery to your home of office
More
LATEST HEADLINES FROM CNN
US hits firms working with IranVolcanic ash cloud to close Berlin airportsSuicide bomber attacks Pakistan policeJordan Interim council represents LibyansChina keeps mum on N Korean leaders visit
More
Consulting Associates (Project Management)
Consulting Associates (Client Acquisition)
Internal Control Manager - MediaMedia Entertainment Advertising
Chief of Staff
Financial Services
FTcom can deliver talented individuals across all industriesaround the worldPost a job now
Jobs
EDITORIALCOMMENT
Business for sale Contracts amp tendersJobs
FTcom Comment Editorial - Brazil and China the lsquoperfect matchrsquo httpwwwftcomintlcmss09b568416-8633-11e0-9e2c-00144fe
1 de 2 25-05-2011 1205
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
articles from FTcom and redistribute by email or post to the web
Print article Email article Clip this article Order reprints
Twitter Digg LinkedIn Delicious
reddit BX Facebook stumbleupon Viadeo
MORE IN THIS SECTION
China in talks with Brazil over trade barriers
Brazil and China the lsquoperfect matchrsquo
HSBC beats rivals to launch first Civets
Argentina is a risk worth taking
Kazakh bank governor backed to head IMF
Brazil plans credit history registry
Chile insists economy not overheating
Lack of unity on IMF successor
Talent shortage adds to growth strains
Twin WTO ruling on Airbus dispute
FinancialBreadcrumb
SEARCH
RECRUITERS
SUBSCRIBE TO THE FT AND SAVE
Save over 70 on an FT subscription Plus get FREE
delivery to your home of office
More
LATEST HEADLINES FROM CNN
US hits firms working with Iran
Netanyahu lays out peace terms
Children join desperate flight from Syria
NATO chopper crashes in Afghanistan
Mubarak faces charges for corruption deaths
More
Consulting Associates (Project Management)
Consulting Associates (Client Acquisition)
FTcom can deliver talented individuals across all industries
around the world
Post a job now
Jobs
ECONOMY amp TRADEAMERICAS
Business for sale Contracts amp tendersJobs
FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
FT Home gt World gt Americas gt Economy amp Trade
SampP raises Brazil credit outlookBy Samantha Pearson in Satildeo Paulo
Published May 24 2011 2119 | Last updated May 24 2011 2119
Standard amp Poorrsquos has raised its outlook on Brazilrsquos credit rating to positive from stable
praising the Latin American country for diversifying its economy increasing exports and
fostering the growth of the middle classes
The rating agencyrsquos more bullish view follows Fitchrsquos upgrade to Brazilrsquos local and foreign
currency debt to BBB in April this year and comes at a time when several European countries
are struggling to emerge from the global financial crisis and suffering downgrades
EDITORrsquoS CHOICE
Allegations against aide testRousseff - May-24
The New Trade Routes Brazilamp China - May-20
beyondbrics Brazil - Apr-11
beyondbrics China - May-12
Brazil and Argentina in tradespat - May-14
Video Brazilrsquos infrastructureholds it back - May-17
SampP revised its outlook late on Monday on Brazilrsquos foreign currency sovereign credit rating to
positive from stable raising the prospect that it may soon upgrade the country further into
investment grade territory from its current rating of BBB-
The ratings agency also highlighted the positive start made by Brazilrsquos president Dilma
Rousseff
ldquoThe new government has taken good action to deal with short-term challenges such as on the
inflation siderdquo said Sebastian Briozzo one of the authors of the SampP report
Brazil has introduced a series of measures this year to slow credit growth which has been
stoking inflation as consumers load up on debt to buy everything from televisions to liposuction
Although 12-month inflation has been running just above the central bankrsquos upper limit of 65 per
cent since April month-on-month price rises have started to slow
If Brazil continues down its current path the countryrsquos credit rating could be upgraded to BBB
Mr Briozzo said This would be an important stamp of approval for a country which has only
recently emerged from years of hyperinflation and political obscurity but on practical terms it
would also help reduce costs when selling government debt abroad
However Mr Briozzo warned that a big dip in commodity prices could slow Brazilrsquos economy
and also expressed caution about the countryrsquos low investment rate
ldquoBrazil needs to develop infrastructure Despite all its progress Brazilrsquos investment to GDP ratio
is still an outlier compared to other countriesrdquo Mr Briozzo said ldquoIt invests less than 20 per cent
of GDPrdquo he said adding that there was a risk the government could become too reliant on
BNDES Brazilrsquos state development bank
ldquoHowever for the time being these risks are containedrdquo he said
Copyright The Financial Times Limited 2011 You may share using our article tools Please dont cut
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FTcom Americas Economy amp Trade - SampP raises Brazil credit httpwwwftcomintlcmss0809be004-8641-11e0-9e2c-00144fe
1 de 2 25-05-2011 1144
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
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-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-
Aacutefrica 21 - DF19042011 - 0800
Brics
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees
Da Redaccedilatildeo com Agecircncia Brasil
Brasiacutelia ndash Os paiacuteses emergentes principalmente as economias do Brics (Brasil Ruacutessia Iacutendia China e Aacutefrica do Sul) satildeo asprincipais viacutetimas das poliacuteticas econocircmicas das naccedilotildees desenvolvidas disse o professor da Universidade de Brasiacutelia (UnB) eespecialista em economia internacional Newton Marques Em entrevista segunda-feira (18) ao programa Revista Brasil daRaacutedio Nacional ele afirmou que as medidas econocircmicas adotadas pelos paiacuteses ricos para combater a crise agravam osdesequiliacutebrios externos nas naccedilotildees em desenvolvimento
Sobre o encontro do G20 (grupo das 20 principais economias do mundo) que ocorreu na semana passada nos Estados UnidosMarques destacou que o Brasil tem sido visto como uma lideranccedila emergente ao lado da China Iacutendia e Ruacutessia Segundo eleesses paiacuteses procuram influenciar as decisotildees porque satildeo os mais afetados pelas poliacuteticas econocircmicas que ele consideraequivocadas ldquoCom a recessatildeo nos Estados Unidos o Banco Central norte-americano injeta um volume maior de doacutelares naeconomia com reflexos no mundo todo principalmente nos paiacuteses emergentesrdquo enfatizou
Para o professor o Brasil eacute um dos paiacuteses que mais sofre com o excesso de doacutelares no mercado e o forte processo devalorizaccedilatildeo cambial com consequecircncias para as exportaccedilotildees pois a valorizaccedilatildeo excessiva do real torna os produtosbrasileiros mais caros no exterior ldquoNo fim perdemos produtividade perante o mercado norte-americanordquo disse Segundo eleas medidas adotadas pela Uniatildeo Europeia para salvar o euro tambeacutem teratildeo reflexo sobre os paiacuteses emergentes
De acordo com o especialista o Brasil tem trilhado um bom caminho mas precisa aprender a lidar com a desvalorizaccedilatildeo dodoacutelar e a controlar a inflaccedilatildeo ldquoAs economias vatildeo ter que se desenvolver de tal modo que se resolva tanto o cacircmbio quanto ainflaccedilatildeo se preocupando com o equiliacutebrio externordquo disse Segundo o professor natildeo adianta ter desenvolvimento econocircmicofinanciado com diacutevida externa nem baixo endividamento sem crescimento ldquoEacute um processo que acaba sendo insustentaacutevel [nosdois casos]rdquo afirmou
Ele lembrou que os paiacuteses desenvolvidos conseguem resolver os problemas com maior facilidade do que paiacuteses emdesenvolvimento como os paiacuteses que formam o Brics ldquoUm paiacutes desenvolvido tem crise passageira O Japatildeo num instanteresolveu a maior parte dos problemas provocados pelo tsunami O Brasil no entanto tem problemas seacuterios e natildeo consegueresolver as coisas rapidamenterdquo afirmou
Para Marques o Brasil sofre natildeo apenas com problemas culturais mas tambeacutem com a escassez de capital Ele afirmou que opaiacutes apenas estaacute comeccedilando a enfrentar os problemas estruturais ldquoO Brasil tem trilhado esse caminho mas tem muito a fazerrdquodeclarou
Quanto agrave reclamaccedilatildeo da populaccedilatildeo sobre os gastos puacuteblicos e o aumento da carga tributaacuteria o economista lembra que asociedade quer um governo que natildeo gaste muito mas ao mesmo tempo forneccedila bons serviccedilos ldquoInfelizmente eacute difiacutecilidentificar o que precisa ser feito mas eacute imediato gastar recursos puacuteblicos e arrecadar impostos A sociedade quer um governoque natildeo gaste e ao mesmo tempo utilizar os serviccedilos puacuteblicosrdquo explicou
copy CCA MOVIPRESS (NOVA MOVIMENTO)
Aacutefrica 21 - Paiacuteses do Brics satildeo viacutetimas das poliacuteticas econocircmi httpwwwafrica21digitalcomnoticiakmfcod=11796350ampca
1 of 1 20-04-2011 1100
- BrazilFinlandDay_Helsinki_TEAMNEURS_26Apr11_V13
-
- European Union Conference Room Pohjoisesplanadi 31 Helsinki
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
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- Slide Number 40
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- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
-
- FT_SuperportIsBrazilsNewRouteToChina_CourtesyCCO-Consulting10May11
- CompaniestohelpcopewithWorldCupcrowds_CourtesyTEAMNEURS_01Jun11
- FT_BrazilChina_CourtesyCCO-Consulting25May11
- FT_SampPraisesBrazilCreditoOutlook_CourtesyCCO-Consulting25May11
- BRICsCountries_Implications2Brazil_Courtesy_CCO-Consulting20Apr11
-