(November 6, 2012, Brasilia, Brazil) - Representatives from the Innovation Agencies of Brazil and Israel announced yesterday their commitment to renewing industrial R&D cooperation between the two countries with the launch of a new call for proposals. Brazilian and Israeli companies and their collaborators may now submit proposals for funding for R&D projects in areas of mutual interest which include life sciences, ICT, and homeland security (defense). The program is jointly run by the Secretariat of Innovation in the Ministry of Development, Industry and Foreign Trade of Brazil (MDIC) and MATIMOP, the Israeli Industry Center for R&D, on behalf of the Office of the Chief Scientist (OCS) in the Ministry of Industry Trade and Labor of Israel. Continue reading →

BLOOMBERG By Carla Simoes and Andre Soliani – Jan 24, 2012 4:01 AM GMT+0200

Brazil will make room for a more “flexible” monetary policy as the government seeks to ensure economic growth of at least 4 percent this year, Finance Minister Guido Mantega said.

President Dilma Rousseff will cut enough of its 2012 budget to ensure the government meets its target of a budget surplus before interest payment of 139.8 billion reais ($79.7 billion), Mantega told reporters Continue reading →

January 17, 2012 | Ben Tavener

RIO DE JANEIRO, BRAZIL – Entrepreneurs starting up new businesses in Rio de Janeiro state have been increasingly attracted by the construction sector over the past two years, new figures show. Industry analysts are looking towards the city playing host to upcoming major sporting events – the 2014 World Cup and the 2016 Olympics – as even greater encouragement for further revitalization Continue reading →

SAO PAULO (MarketWatch) — Brazilian financial market analysts and economists reduced their 2012 average inflation forecast for the eighth consecutive week, according to a market survey published by the Central Bank of Brazil Monday.

The economists now expect the country’s inflation to average 5.29% this year, down slightly from their forecast of 5.3% a week earlier, according to the survey. Despite the reduction, the forecast is above the central bank’s inflation target of 4.5% for the year. Continue reading →

Measure will lead to major adjustments, but not a revolution – Jan/23/2012

It is not easy to open a business in Brazil. Here’s a small example. Until recently, it required at least two partners to form a limited liability company. Individual entrepreneurs needed to find a “partner of 1%” – an employee, friend or relative willing to lend his name in completing the contract, or a front company created to hold only a tiny part of the new business.
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Our Chamber organized and hosted 2 important delegations from Brazil. On May, top representatives from the Pontificial Catholic University of Rio Grande do Sul (PUCRS), headed by the University President (Rector) Dr. Joaquim Clotet conducted a week long Technical Mission to become acquainted with the different concepts and formats of technology transfer from Academy to Industry.

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