November 1, 2011 SouthAmerica: The article said: Brazilian industrial production down 2 percent in September 2011. Main headline Folha de Sao Paulo - 01/11/2011 - 09h00 Produção industrial tem queda de 2% em setembro, diz IBGE http://www1.folha.uol.com.br/poder/...ial-tem-queda-de-2-em-setembro-diz-ibge.shtml A produção da indústria brasileira caiu 2% em setembro na comparação livre de influência sazonais com agosto. O resultado representa uma acentuação da queda frente ao desempenho de agosto, quando o setor havia registradado recuo de 0,1%. Os dados foram divulgados nesta terça-feira (1º) pelo IBGE (Instituto Brasileiro de Geografia e EstatÃstica). Em relação a setembro de 2010, houve queda de 1,6%. Já no acumulado do ano, a indústria soma alta de 1,1%. Nos últimos 12 meses, o Ãndice ficou positivo em 1,6%. Segundo o IBGE, as categorias com piores desempenhos foram as de bens duráveis (-9%), bens de capital (-5,5%), semi e não duráveis (-1,3%), intermediários (estável); na comparação setembro ante agosto. Já os setores com as quedas mais expressivas, na mesma comparação, foram: fumo (-30,6%), material elétrico e equipamentos de comunicação (-13,6%), veÃculos automotores (-11%). Por outro lado, as altas de destaque ficaram com material de escritório e informária (9,6%) e outros produtos quÃmicos (4,2%). .
November 11, 2011 SouthAmerica: Today the Financial Times had an article: Brazilian groups hit by Europe's upheavalâ in which they mentioned that âThe crisis in the eurozone is playing havoc with third quarter corporate earnings in Brazil and other emerging markets as companies with international debt and commodity exporters book losses to account for plunge in the local currency.â These companies borrowed money in Europe and the United States to take advantage of artificially low interest rates, and when the real declined against these currencies they started to lose their shirt. As I mentioned on my June 7, 2011 when these companies were borrowing this money â they deserve to lose their shirt as I said on my posting âthey borrow money in US dollars or euros â then the real falls against these currencies and they destroy their companies because they run out of money and they have a hard time to repay their foreign debt. I have seen this movie many times before. The sad part is that they never learn their lesson, they get caught in the trap every time. ***** http://www.elitetrader.com/vb/showthread.php?threadid=63234&perpage=6&pagenumber=35 June 7, 2011 SouthAmerica: Os patinhos caem todas as vezes. Empresta dinheiro no exterior - em US dollars ou euros - dai o real cai contra estas moedas e eles destroem suas companhias pois nao tem dinheiro para pagar as dividas no exterior. Ja vi este filme passar varias vezes. âEmpresas captam mais recursos no exteriorâ - June 7, 2011 http://www1.folha.uol.com.br/mercado/926485-empresas-captam-mais-recursos-no-exterior.shtml .
November 26, 2011 SouthAmerica:Today when anybody is talking about the "American Dream" - you are talking about Brazil and not the United States. Brazil's richest man Eike Batista on country's success â November 25, 2011 http://www.bbc.co.uk/news/business-15893911 Brazil prepared to lower rates to prop the economy, said President Rousseff â November 24, 2011 http://en.mercopress.com/2011/11/24...edium=rss&utm_content=brazil&utm_campaign=rss Europeans seek new opportunities in Brazil â November 25, 2011 http://news.yahoo.com/europeans-seek-opportunities-brazil-065228659.html Brazil: a new magnet for European immigrants â November 24, 2011 http://news.yahoo.com/video/busines...-magnet-for-european-immigrants-27389745.html .
I'm thinking about putting together a piece for my magazine (Stocks and Commodities) regarding the "rising financial powers" over the next couple of months. I have read a lot of your stuff over the years, would you be up to a few quotes and or references? I'll PM you.... if you give me the OK. Don
November 28, 2011 SouthAmerica: On the 'miracle' economy of Brazil Monday, 28 November 2011 The Telegraph (UK) The Sunday Interview: Roger and Huw Jenkins on the 'miracle' economy of Brazil http://www.telegraph.co.uk/finance/...Jenkins-on-the-miracle-economy-of-Brazil.html .
November 28, 2011 SouthAmerica: Reply to Don Bright I don't remember ever seeing any of your comments following my postings. You mentioned that you read a lot of the stuff over the years that I wrote about Brazil, and about currencies. I hope you have enjoyed reading all that material. If you have been reading my articles and my postings on the ET forums over the years then you know that I wrote about a lot stuff years before the mainstream media caught up with what was going on. If you read my articles on Brazzil magazine and also read the comments following these articles then you can see the actual impact that my articles has been having in the Brazilian economy from actions taken by the Brazilian government, and also regarding the Chinese investments in Brazil. Don, you can find a few quotes and or references for your article by reading some of this information: Brazil and China http://brazilandchina.blogspot.com/ Author and Columnist: Ricardo C. Amaral http://brazzilnews.blogspot.com/ In April 2010 I wrote an article about the Brazilian government should clean up the criminal gangs in Rio de Janeiro, by September 2010 the Brazilian Army started working on that clean up job like never before. Brazzil Magazine â April 13, 2010 The Brazilian Formula for Success: Dictatorship Written by Ricardo C. Amaral http://www.brazzil.com/component/co...ormula-for-success-dictatorship.html#comments ***** The Andrada Dynasty http://thefinalcollapseoftheusdollar.blogspot.com/2011/05/andrada-dynasty.html Souza Queiroz Family http://thefinalcollapseoftheusdollar.blogspot.com/2011/06/souza-queiroz-family.html ********** Facebook: Here is what I posted on my Facebook page on May 18, 2011: Dawn Kopecki, I enjoyed reading your last article about Brazil published at Bloomberg Markets magazine issue July 2011 - âMuscling Out The Americansâ. You said on your article: âBrazil's Gerdau SA, the largest steel producer in the Americas, chose three Brazilian banks to manage a $ 3.5 billion share sale last month. ...âIt's a sign of the times,â says Jean-Marc Etlin, vice president of investment banking at Itau BBA, which also worked on the Gerdau share sale. âBrazilian companies and entrepreneurs are learning that they don't need a foreign bank. Local banks have got what it takes to do even the most-sophisticated deal.â Brazilian banks are luring business away from their U.S. counterparts.... ***** You mentioned on your article the Itau Bank, one of the best banks in Brazil. âSouza Queiroz Familyâ http://thefinalcollapseoftheusdollar.blogspot.com/2011/06/souza-queiroz-family.html ***** May 18, 2011 Over the weekend I had dinner with my cousin, and I found out that his brother Luiz Otavio has a new partnership with The Blackstone Group. You can read about it at: http://www.blackstone.com/cps/rde/xchg/bxcom/hs/news_pressrelease_6509.htm By the way, The Blackstone Group could not find a better partner in Brazil, since Luiz Otavio Reis de Magalhaes is among the smartest people that I know, and I had the opportunity to meet some very smart people over the years. ***** 09/29/2010 Blackstone and Patria Announce Partnership in Brazil New York and Sao Paulo, September 29th, 2010 _â_ The Blackstone Group (NYSE: BX) and Pátria, Brazilâs leading alternative asset manager, today announced a partnership in which Blackstone would purchase a 40% stake in Pátria and the two firms would agree to cooperate in building their businesses in Brazil and throughout South America. Commenting on the agreement, Stephen A. Schwarzman, Chairman and CEO of Blackstone, said: âWe have known and respected Pátria, whose business parallels ours in so many respects, for over ten years. Brazil is the largest economy in Latin America and growing rapidly. Partnering with Pátria will enable Blackstoneâs limited partners and advisory clients to benefit from the fast expanding business opportunities in the country, as well as from Pátria's deep knowledge of the local market. We envisage us both taking advantage of a wide spectrum of opportunities ranging from financial advisory services to real estate, private equity, capital management and infrastructureâ Luiz Otavio Magalhães founding partner and CEO of Pátria remarked that âwe are very pleased to announce this agreement. It represents one of the most significant partnerships to be established in Brazilâs financial industry. We are delighted to be working closely with Blackstone, whose core values we share. Pátria's clients will benefit from Blackstoneâs global network for both investment opportunities and corporate advice.â The transaction is expected to close on October 1st, 2010 About Blackstone Blackstone is one of the worldâs leading investment and advisory firms. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, the companies we advise and the broader global economy. We do this through the commitment of our extraordinary people and flexible capital. Our alternative asset management businesses include the management of private equity funds, real estate funds, funds of hedge funds, credit-oriented funds, collateralized loan obligation vehicles (CLOs) and closed-end mutual funds. The Blackstone Group also provides various financial advisory services, including financial and strategic advisory, restructuring and reorganization advisory and fund placement services. Further information is available at http://www.blackstone.com/. About Pátria Pátria Investimentos, one of Brazilâs largest differentiated investment management and corporate advisory firms, has built throughout its history a solid reputation in the market by creating value for its clients and business partners. Pátria pioneered the private equity industry in Brazil, gradually expanding its portfolio with the creation of new businesses like real estate, capital management and infrastructure. Currently, Pátria has one of the most diversified portfolios of alternative investment in the country, also providing a vast range of services in financial and corporate advisory. Additional information is available at: http://www.patriainvestimentos.com.br/ http://www.patriainvestimentos.com.br/en/equipe.aspx ***** Note: Luiz Otavio Reis de Magalhães older-sister Maria Antonia is married to Roberto Civita â CEO of Grupo Abril. http://en.wikipedia.org/wiki/Grupo_Abril .
November 28, 2011 SouthAmerica: I am connected to over 60 members of my family on Facebook - from the "Andrada family" and the "Souza Queiroz family" and here is what I posted on Facebook yesterday regarding former president Jose Sarney: 4 de Outubro de 2010 SARNEY FALANDO MAL DA GLOBO NUMA ENTREVISTA A TV PERICUMà <iframe width="420" height="315" src="http://www.youtube.com/embed/xYgJ0kbWkQs" frameborder="0" allowfullscreen></iframe> Nesse video o meu amigo Jose Sarney que foi presidente do Brasil e hoje e presidente do senado â ele menciona que ele esta com 80 anos de idade e que e unico senador com 5 mandatos em 2010 e ele ja esta como senador por mais de 34 anos, o periodo mais longo de qualquer senador no Brasil desde 1889 quando o Brasil se tornou uma Republica. Jose Sarney nao falou da historia do Brasil, porque meu tataravo Francisco Antonio de Souza Queiroz - Barão de Souza Queiroz foi senador por 42 anos (de 1849 a 1891) â e ele continua a ser ate hoje a pessoa que ficou o period mais longo como senador do que qualquer outro senador na historia do Brasil. ***** Brazzil History January 2003 âThe Brazilian Ruling Classâ Without José Bonifácio's de Andrada e Silva influence on Brazilian history, we would have instead four or five independent countries in South America where Brazil is located. Without José Bonifácio, Brazil in its current form would simply not exist. By: Ricardo C. Amaral My grandmother, my father's mother, was an unusual person in many ways. She had a unique family background. She was a descendant of many illustrious people on both sides of her family. Both of her grandfathers were senators. Her grandfather, her father's father was Francisco Antonio de Souza Queiroz, the Barão de Souza Queiroz, (Baron of Souza Queiroz) who holds the record for being a senator for the longest time in Brazilian history. He still was a senator when he died in 1891, after being senator for 42 years (from 1849 to 1891.) He became a deputado (House Representative) for the Province of São Paulo in 1845, and a senator in 1849. He was one of the richest men in Brazil. Besides being senator, the Barão of Souza Queiroz became Vice-President of the Province of São Paulo on May 18, 1885. The Souza Queiroz family was the most influential family in São Paulo politics from the 1840's until 1930. .
December 7, 2011 SouthAmerica: Today on the front page of the Financial Times (UK) the main headline story was about Brazil: "Brazilian growth shudders to a halt" - emerging markets vulnerability exposed - Slowdown in developed economies takes toll. Then on page 4 they had another article about Brazil: "Brazil's consumers go to ground - Falling domestic demand is adding to problems caused by the strong real." ***** Brazil cuts taxes to counter eurozone crisis â December 6, 2011 <iframe width="560" height="315" src="http://www.youtube.com/embed/n5zIMMhMjHc" frameborder="0" allowfullscreen></iframe> .