25 November 2011

BRASIL: The New Land Of Opportunity....Draws Europeans.


     Brasil is now the world's seventh-largest economy.
     In 2010...it's GDP grew by 7.5%...and by a lower but still significant 3.5% this year.
     Meanwhile...its jobless rate is the lowest since 2002...at just 6%.
     These factors...have many Europeans drooling... and moving to Brasil.
     "Last year, we were contacted by more than 2,000 firms seeking information on how to invest and their number is growing. The rise is due not only to the crisis, but also to huge consumer demand in Brazil.
    There are 40 million new consumers who emerged from poverty, and the Brazilian market cannot meet their demand,"says a Sao Paulo Chamber of Commerce exec.