Timizzer.com - The Brazil quarter growth rate of 0.2 percent has frustrated a lot of investors. Some would even say that the honey moon between the big of South America and international investors is now bitter. The creator of the term BRIC, Jim O’Neil, thinks that analysts are always exaggerating perspectives and that’s now the case with Brazil.
“Financial markets go from one extreme to the other when the expectation about a country is not confirmed. The forecasts of Brazil growth were too high, mainly after the 7.5 percent GDP rate of 2010. Adjustments were already necessary then. But now some analysis are exaggerating the problems and risks of Brazil”, told O’Neill to the BBC…
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Read MoreTimizzer.com - One of the most prosperous markets in Brazil is the franchising business. The good news on the sector is specially for international chains. It seems that still there is a lot of space for those chains. Only seven percent of the 1,855 franchises in Brazil are foreign.
Tons of money are not necessary to open a franchise in the country. The most popular type of franchise are the “mid-sized”. However, “micro-franchising” is also very popular…
Read MoreTIMIZZER – He is not ashamed to proclaim his goals: “I want to be the world’s richest man in 2014”. Eike Batista, the owner of US$ 30 billion and EBX Group, is an advocate of wealth creation, profits and an advertiser of Brazil’s capacity to become a global economic superpower.
Certainly, the country’s stability, abundance of natural resources, workforce and a huge number of consumers have helped him to get money. However, a big number of aspect have contributed for the phenomenon of the “X”, as he often mentions his group of companies, including, surely, his own skills.
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