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By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - On Monday, October 3rd, the day after Brazil’s municipal elections, the U.S. dollar fell to its lowest level since August earlier this year, closing at R$3.206/US$1, a decline of R$0.046...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - Production of crude steel in Brazil is expected to reach 32.8 million tonnes this year, a decrease of 3.4 percent compared with last year, according to estimates by the Instituto...
By Maria Lopez Conde, Contributing Reporter RIO DE JANEIRO, BRAZIL – A number of companies created to make use of Brazilian mining giant Vale's iron ore have shut down their operations in Carajás, home to the world’s largest iron ore...
By Ben Tavener, Senior Contributing Reporter SÃO PAULO, BRAZIL – After a gloomy 2012 in which the Brazilian economy all but ground to a halt, a cautiously optimistic sense is returning to some sectors of Brazilian industry, fueled by better-than-expected...
By Laura Madden, Contributing Reporter RIO DE JANEIRO, BRAZIL - Vale is the world's largest producer of iron ore, and the second largest mining company in the world, and along with Petrobras, headquartered in Rio de Janeiro. On January...
By Karen Shishiptorova, Contributing Reporter RIO DE JANEIRO – The Programa de Aceleração do Crescimento (PAC), or Growth Acceleration Program, was launched in Brazil in January, 2007 by president Luiz Inácio Lula da Silva. During the 2006 president elections, a...
By Bruno De Nicola, Contributing Reporter RIO DE JANEIRO - Skyrocketing commercial transactions between Brazil and China have prompted the Asian nation to inject another US$15 Billion into South America’s largest market.  Over the past year, global recession, US Dollar...
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