02 September 2011

BRASIL / USA : Diaspora Returning Home...To New Prosperity.

                                       LATIMES / V.BEVINS

     Many Brasileros are finding that a booming Brasil economy offers more opportunity now than a weakened USA.
     Brasil's unemployment rate is at a historic low of 7%.
     It's currency...the real...is near a 12-year high vs the usd.
     Lower and middle class incomes are rising rapidly.
     And frequently...Brasileros even earn more than their U.S. counterparts.
     "But we're seeing that a significant part of what we call the Brasilian diaspora is coming home, because there are comparatively so much more opportunities here than there were five or 10 years ago,"reports a government official.