AFP
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.
Popular Posts
- BRASIL: 08 Feb UPDATE: Fire In Rio's "Samba City" Destroys Many Carnaval Floats.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- BOLIVIA : Sole Plane Crash Survivor Describes Ordeal: Drinking Urine, Eating Bugs.
- COLOMBIA: CAUGHT: 11-year-old Smuggling 74 Cell Phones And Gun Into Medellin Prison.
- MEXICO : The Tragic Decline of Industrial Powerhouse Monterrey.
- BRASIL: Judge Stops Critical S. Paulo Airport Expansion Over Improper Bids.
- AUSTIN / FRANCE / MEDIA : Lance Armstrong Denies Bullying Others; Claims People Will Forgive Him...Like Bill Clinton.
- SERBIA / SPAIN / USA : Djokovic Wins US Tennis Open, Beating Nadal; Ranked #1.
- ARGENTINA / FRANCE : 13 Sept UPDATE: DNA Results Show Vera And Lasi Killed 2 French Students In Salta.
- SPAIN: 20 Arrested After Baggage Fees Riot On Ryanair.