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The sale of the aluminum assets of Vale SA  (NYSE:VALE) to Norsk Hydro will give the Norwegian-...
Commodities (May 2nd, 10)


Population:  191 million.  About 86 per cent of the population lives in urban areas and the government describes 90 million people as economically active.

The national language is Portuguese.

Political structure:  A Federation. The national capital is Brasilia.   Brazil borders 10 countries: Argentina, Bolivia, Colombia, French Guiana, Guiana, Paraguay, Peru, Suriname, Uruguay and Venezuela.

Economy:  Brazil’s economy is the largest in South America and it is a major exporter of mining and agricultural commodities and has a large service sector. It is the world’s largest producer of coffee, sugar cane and oranges and has Latin America’s largest forestry industry.  It is one of the world’s largest ore exporters and has significant reserves of iron ore, bauxite, manganese, tin and gold.  Tourism is also important, with about five million tourists a year visiting the country.




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