Article - Growing China to stay hungry for Brazil’s resources

SAO PAULO, Feb 20 - China will remain a loyal shopper in Brazil through the darkest hours of the global economic downturn though it has already begun to fill its cart for less and a little more lightly as commodity prices slump.

Coinciding strong economic growth in the two nations this decade has brought them together as strategic trade partners.

China’s voracious consumption of iron ore and soybeans amid a commodities price spike helped Brazil boom in recent years.

Awash with cash and with a growth target of 8 percent in 2009 while other large economies slide toward recession, China is already getting a better deal on soy after market prices plummeted. It is also geared up to bargain hard for cheaper iron ore, the main ingredient in steel.

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Absolut Brazil wishes all its readers a happy Carnival. We will return on February 25 for more updated information on Brazil.

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Agenda - Festival Jazz & Blues, Guaramiranga (21-24 Feb) and Fortaleza (26-28 Feb)

Jazz & Blues in Ceará

The 10^th edition of  Festival Jazz & Blues, one of the most prestigious Brazilian jazz and blues festival is scheduled to start nest Saturday in Guaramiranga, Ceará. For the 10^th year in a row, good jazz and blues music will climb the mountain to head up to Guaramiranga, Ceará, elected in 2008 the second most romantic city in Brazill. After four days in Guaramiranga heights, the Festival will also run in Ceara’s coastal capital, Fortaleza. Tha festival is an excelent alternative for those who are looking for a different carnival and every is attended by thousands music enthusiasts from all over Brazil.

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Guide - The Rio Carnival Guide

The Rio Carnival Guide

This is a fundamental guide for those travelling to Rio de Janeiro for the World’s biggest show, Rio Carnival. The guide provides information about all aspects of Carnival in Rio de Janeiro. You can find all Rio Carnaval events, venues, its history, 2009 Rio Carnival tickets, costumes for the 2009 Samba Parade and Sambodromo information, including insiders’ recommendations. You will be able to book your hotel-only and air-inclusive packages to Carnival in Rio and listen to the 2009 samba songs. The guide is recomended by world-famous travel information service Lonely Planet.

To access The Rio Carnival Guide follow this link.

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News - India to Buy Sugar From Brazil, Guatemala on Shortage

Feb. 18 (Bloomberg) - India, the world’s biggest consumer of sugar, may import as much as 1.2 million metric tons from suppliers in Brazil and Guatemala to overcome a shortfall in output and cool rising domestic prices.

India’s government yesterday notified rules allowing duty- free imports of raw sugar until Sept. 30 for processing and sale domestically. Buyers must export a similar quantity of white sugar within two years, according to the trade ministry.

“There’s definitely a shortfall in production and this can only be met with raw sugar imports,” Narendra Murkumbi, managing director of Sree Renuka Sugars Ltd., India’s biggest processor, said in an telephone interview in Mumbai today.

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