Saturday, March 21, 2009

Brazil Stock Market


Following three centuries under the rule of Portugal, Brazil became an independent nation in 1822 and a republic in 1889. By far the largest and most populous country in South America, Brazil overcame more than half a century of military intervention in the governance of the country when in 1985 the military regime peacefully ceded power to civilian rulers. Brazil continues to pursue industrial and agricultural growth and development of its interior. Exploiting vast natural resources and a large labor pool, it is today South America's leading economic power and a regional leader. Highly unequal income distribution remains a pressing problem.
Capital City: Brasilia (-3 GMT)
Chief of State: President Luiz Inacio LULA DA SILVA
Head of Govt.: President Luiz Inacio LULA DA SILVA
Currency: Real
Main Cities: Sao Paulo, Rio de Janeiro, Belo Horizonte
Major Languages: Portuguese
Calling Code: 55
Voltage: 110/220V
Stock Exchanges: Rio de Janeiro Stock Exchange
Primary Religions: Roman Catholic
Main Airports
Brasilia International (BSB), Rio de Janeiro (GIG) (Galeão), São Paulo (GRU) (Guarulhos)
U.S. Embassy
SES Avenida das Nacoes, quadra 801, lote 3, Brasilia, DF, CEP: 70.403-900 tel. 55-61-3312-7000
Statistics
GDP: purchasing power parity:
$1.556 trillion (2005 est.)
GDP - real growth rate:
2.4% (2005 est.)
GDP - per capita: purchasing power parity:
8,400 (2005 est.)
Inflation rate (consumer prices):
6.9% (2005 est.)
Labor force:
90.41 million (2005 est.)
Exports:
$115.1 billion f.o.b. (2005 est.)
Exports - partners:
US 19.8%, China 7.5%, Argentina 7%, Germany 5.4% (2005)
Imports:
$78.02 billion f.o.b. (2005 est.)
Imports - partners:
US 19.7%, Germany 8.7%, Argentina 8.2%, China 6.2%, Nigeria 6.1% (2005)
Population:
188,078,227
Population growth rate:
1.04% (2006 est.)
Population Below Poverty Line:
22% (1998 est.)
Major Industries:
textiles, shoes, chemicals, cement, lumber, iron ore, tin, steel, aircraft, motor vehicles and parts, other machinery and equipment
Employing Workers: 99*
Registering Property: 124*
Enforcing Contracts: 120*
Closing a Business: 135*
*2006 World Bank rank out of 175 countries

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