The country has regained the confidence of investors
and but Brazil still faces considerable challenges that the markets
have ignored for too long.
Brazil’s trade and industry minister has been in the
job barely a year and already has something to show for his time in
government. But Luiz Furlan still has much to do before the country
emerges as a major trading nation.
Brazil’s President Luiz Inácio Lula da Silva has
achieved a lot in his first year in office. His reform agenda next
year promises to be as challenging as it has been in
Money is moving into Latin American technology
ventures in Brazil. But entrepreneurs and their backers still face
Brazil’s Banco Bradesco locked in its lowest rate ever
in a subordinated debt issue. More banks are lining up to follow
Bradesco into a market hungry for Brazilian risk.
China has become one of Brazil’s biggest trading
partners, driven by its voracious demand for commodities. Bankers
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