Brazil's $1.3 trillion economy is bigger than those of India and Russia

And its per-capita income is nearly twice that of China. Recent discoveries by Brazil's state oil company are expected to make the country one of the world's biggest crude producers An unwieldy bureaucracy and red tape have not slowed foreign investment, which at $45 billion in 2008 is three times as much as it was a decade ago. Once hobbled with high inflation and perennially susceptible to worldwide crises Brazil now has a vibrant consumer market, investment-grade status for its sovereign debt, vast foreign reserves and an agricultural sector that is vying to supplant that of the United States as the world's most productive.

Brazil is currently the most talked about emerging market in the world

It seemingly has everything going in its favour. The Brazilian economy, which was already growing rapidly enough to see investment groups like JP Morgan to forecast that Brazil would be the fifth largest economy in the world by 2050, became even more of a tiger when oil was discovered. We all know that oil reserves alone can make a country incredibly wealthy, let alone one with such huge agricultural exports and services sector as Brazil.

Then Brazil was awarded the honour and the privilege of hosting the 2014 World Cup, shortly before it won the (some would say even bigger) honour and privilege of hosting the Olympic games. These really completed the picture of Brazil as the world's favourite emerging market.

If you want to holiday in your investment, then I recommend the north east, Natal is the favourite: great beaches, great weather, low property prices and rapidly growing tourism -- its being a host city for the world cup is just a bonus.

Brazil has sound investment potential

Thursday, 07 January 2010 16:09

Brazil has the ninth-largest economy in the world And within the next decade, it’s likely to surpass both Britain and France to become the world’s fifth-largest economy.
The International Monetary Fund estimates Brazil’s GDP will continue to grow by more than 3.5% in 2010 - and its growth will only increase as it quenches Asia’s thirst for natural resources. If you had invested $10,000 in the Dow Diamonds Trust ETF over the last 12 months, you would have a profit of 16.86%. Meanwhile, if you had invested that $10,000 in the iShares MSCI Brazil Index ETF, you would be looking at a windfall profit of more than 96.84% -

even greater than the massive gains in China and India.

Brazil hopes to become a major world oil producer

After the discovery in 2007 of huge crude reserves deep below the ocean floor in an area known as the subsalt province which could contain more than 50 billion barrels. (Reporting by Elzio Barreto and Inae Riveras)

Brazil's OGX Estimates Campos Oil Find At 1-2 Billion Barrels

SAO PAULO, Jan 11 (Reuters) --Brazil's largest private oil and gas development company, OGX Oil and Gas (OGXP3.BR), said in a statement Tuesday that a recent find in Brazil's Campos offshore basin contains between one billion and two billion barrels of recoverable crude-oil reserves.

The company said the reserves are located in an offshore block called BM-C-41. Earlier this month, OGX released a statement saying it had found evidence of crude-oil reserves in the block. Tuesday, the company confirmed seismic and other tests leading to its estimate of one to two billion barrels of recoverable reserves.

OGX holds a 100% interest in the block.



The company said it located oil in five different reservoirs. The statement said the reserves include "high quality carbonate reservoirs. Preliminary analysis indicates lighter oil in the deeper reservoirs."

The company said the latest evidence of reserves "confirms the vast oil potential of the southern part of the Campos Basin, which we believe will become a major oil producing region of Brazil."