Archive for June, 2010

Jobs Booming in Brazil

Tuesday, June 29th, 2010

Brazil’s Labour Ministry said on Monday that Brazil’s economy had added more payroll jobs in May than expected and a record number of payroll jobs were expected to be added in June.
In total the number of payroll jobs added in May come to 298,041, which is the fifth straight month of increases and is a [...]

BASIC bloc Wants Climate Pact by 2011

Friday, June 4th, 2010

Environment ministers of the Brazil, South Africa, India and China (BASIC) bloc met in Cape Town last month to look at how to fast track a deal to curb global warming. This group of developing countries are among the world’s fastest growing carbon emitters and according to them a legally binding global agreement to limit [...]

Who Should Receive REDD Payments?

Thursday, June 3rd, 2010

It is widely agreed that the REDD payment mechanisms could halve forest destruction in the Amazon. What is not so well publicised is that the majority of the money set aside to conserve the forests would be going to the region’s wealthiest landholders.
These landholders are responsible for 80% of the deforestation still going on in [...]

So What Comes After Kyoto?

Wednesday, June 2nd, 2010

A UN top climate official has said that governments must acknowledge that the UN’s Kyoto Protocol for fighting climate change is in danger of falling apart since no agreement has been forthcoming regarding a successor treaty.
After the UN summit in Copenhagen last year fell short of reaching a binding accord it is likely that the [...]

Given the strong prospects for economic and corporate earnings growth the Latin American equity market continues to offer good investment value even though the region is not longer at bargin basement levels.
According to Dean Newman the head of emerging market equities at Invesco Perpetual, Brazil and Columbia off the most stable economic and political frameworks.
The [...]