Brazil

Image of corrupt politician Rousseff of brazil

For the past three years, Brazil's corruption scandals have gained international notoriety, especially among those doing business with Brazil.     Brazil’s Corrupt Past   Operation Car Wash began as an investigation into doleiros, black-market dealers who used businesses to shelter crime money. This initial investigation discovered that these doleiros were working for Paulo Roberto Costa, an executive at Brazilian national oil business Petrobras, creating what the press describes as...

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business men on brazil map

The Centre for Research on Globalisation described Brazil as "an agricultural powerhouse and resource and commodity producer of major global weight,” Forbes named Brazil "the hottest big emerging market of 2017" and the U.S. Department of Commerce referenced agriculture, aircraft, mining equipment and environment technology as just a "few promising areas for US exports and investment in Brazil."   British economist Jim O'Neill coined the term "BRIC"...

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Brazil-banner

The Giant of Latin America   Brazil is the largest and most populous country in South America, with the eighth biggest economy in the world. It's a member of the G20, one of the four "BRIC" countries deemed to be a dominant economy by 2050, and recently hosted the 2016 Summer Olympics.   Roman Catholic and Protestant are the top two beliefs in Brazil (64.6% and 22.2% respectively),...

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shaking hands

Brazilian culture is drastically different from Western, and even European, culture. Without doing the proper research, you could easily fall victim to a cultural faux pas or social miscue that derails your negotiation process.   The best way to do business with Brazil is to integrate yourself in the Brazilian culture, an essential part of doing business in South America's largest nation, and boost your confidence so...

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brazilian goods

So you think that your business should expand to suppliers from South America's largest nation? Jim O' Neill would agree with you.   In 2001, the Goldman Sachs' economist declared Brazil as one of the four "BRIC" countries that would be dominant economies in the future.   Since then, Brazil's economy seems to have fallen from global grace amongst political scandals and corruption allegations, however current statistics are showing...

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