Due to the combination of strong domestic and external demand, strong macroeconomic fundamentals and higher commodity prices, the International Monetary Fund this week raised its growth forecast for Brazil in 2010 to an impressive 5.5%. With unequalled high levels of Foreign Direct Investment and also increasing domestic consumption, Brazil has a unique global economic strength in 2010 with growth rates only paralleled by recognised giants India and China (and without many of their problems). For further details visit Bloomberg.
Tags: Brazil Economy
