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19 New Millionaires a Day in Brazil, Since 2007, According to Study

While Wall Street and The City are beleaguered and “Occupied,” Brazilian financial markets are expanding and Foreign Direct Investment finished 2011 at a record US $65 Billion. Ã¢â‚¬Å“Nobody wants to miss out on a market like this,” says one financial services executive.”  Brazilian financial markets are still light years behind Wall...

Brazil Passes UK Taking 6th Place in World Economy Ranking

Brazil notched up from 7th to 6th place  in global ranking of DGP passing UK despite weak growth of just 3% in 2011. 2012 is also forecast to be weak with growth only around 2.5%. Economists of CEBR who compiled the survey project Brazil´s continued rise in rankings compared to European countries over the years until 2020.     Strong performance by other BRICS countries will see the four BRIC...

2011 Investments Show Third Worst Stock Market Performance Since 1994 — Real Estate, Gold lead

The only investments to end the year in negative territory were shares listed on the São Paulo Stock Exchange (Bovespa,) finishing with a loss of 18.11% for the year. Exchanges worldwide fared little better. The Dow Jones Global Index, a composite of exchanges worldwide, finished with a loss of 15.64%   Economic consulting firm Economatica of São Paulo, released a compilation of...

Cheap property abroad keeps attracting buyers to Spain

The number of property sales in Spain increased in the third quarter of 2011, according to the latest reports. Unlucky number 14 The Housing Price Index, published by the National Statistics Insitute, has shown that prices are still declining in Spain, but the appeal of cheap property abroad is still attracting foreign investors, with transactions up by 24.7 per in the most recent quarter. House prices...

Embratur Sees Record 5.4 Million Foreign Visitors by Year End

Brasilia- Flavio Dino, president of Brazil´s Ministry of Tourism, Embratur, Said that the number of foreign visitors to Brazil would set a record 5.4 million visitors beating the previous high mark of 5.35 million in 2005 and the 5.1 million visitors in 2010. Embratur Said in a release that the surge in tourism was attributed to the world wide buzz about Brazil in connection with the World Cup...

Brazilian Aircraft Maker Embraer Flies into China with Jackie Chan on Point

Hong Kong Born Jackie Chan will be s public face as the aircraft maker prepares to launch its Chinese Factory by March of 2012.  Embraer recently delivered its first aircraft built at its US factory in Melbourne, Florida. Chan put his money where his mouth is, buying an Embraer Legacy 600 Corporate Jet. Apparently Chan believes in the product. Embraer is betting heavy that Chan´s endorsement will...

There aren’t many celebrity homes for sale like this

The house owned by Holly Golightly is now for sale in America. The building, which is famous for its “wild cocktail parties” has an asking price of $5.85 million, a figure boosted by its starring role in the 1961 film Breakfast at Tiffany’s – indeed, as a house widely known for its fictional former owner, there aren’t many celebrity...

Beckham house blows £35k on Christmas trees as Paris agents close in

The Beckham house has splashed out for Christmas, spending a total of £35,000 on Christmas trees. "The best of everything" The footballer and his family spent extravagant amounts to deck the halls of their Hertfordshire home with “the best of everything”. Their iconic residence, known as Beckingham Palace, now boasts six 10-foot Christmas trees, each decorated with lavish...