ECONOMY: Cycles 1. Timber (Pau Brasil) in the first years of colonization 2. Sugarcane in the sixteenth and seventeenth centuries 3. Precious metals (gold) and gems (diamonds) in the eighteenth century; 4. Coffee and cattle in the nineteenth and early twentieth centuries. 5. Diversity? (Soya case) Land rich in natural resources iron ore, bauxite, manganese, nickel, uranium, gold, gemstones, oil, and timber •Brazil is the 8th largest total energy consumer and 10th largest producer in the world. •More than 90% of Brazil's oil production is offshore in very deep water and consists of mostly heavy grades. •The world's largest oil discoveries in recent years have come from Brazil's offshore, pre-salt basins (1) •Petrobras will be the sole operator of each production sharing agreement and will hold a minimum 30% stake in all pre-salt projects. •Brazil has the third-largest electricity sector in the Americas, behind the United States and Canada. (1) Pre-salt oil is generally characterized as oil reserves situated exceptionally deep under thick layers of rock and salt and requiring substantial investment to extract Source: US eia In an effort to address the country's dependence on oil imports and surplus of sugar cane, the government implemented policies to encourage ethanol production and consumption beginning in the 1970s. Source: US eia OIL Sector organization Petrobras State-controlled is the dominant participant in Brazil's oil sector, holding important positions in upstream, midstream, and downstream activities. The company held a monopoly on oil-related activities in the country until 1997, when the government opened the sector to competition. Royal Dutch Shell was the first foreign crude oil producer in the country, and it has now been joined by Chevron, Repsol, BP, Anadarko, El Paso, Galp Energia, Statoil, BG Group, Sinopec, ONGC, and TNK-BP. Competition in the sector is not just from foreign companies: Brazilian oil company OGX, which is staffed largely with former Petrobras employees, started to produce oil in the Campos Basin in 2011. The principal government agency charged with regulating and monitoring the oil sector is the Agência Nacional do Petróleo (ANP), which is responsible for issuing exploration and production licenses and ensuring compliance with relevant regulations http://inspirationi.com/women-bodybuilding-photography-by-robert-smyth/ EXPORTS IMPORTS http://atlas.media.mit.edu/country/bra/ ECONOMY: Cycles 1. Timber (Pau Brasil) in the first years of colonization 2. Sugarcane in the sixteenth and seventeenth centuries 3. Precious metals (gold) and gems (diamonds) in the eighteenth century; 4. Coffee and cattle in the nineteenth and early twentieth centuries. 5. Diversity? (Soya case) Land rich in natural resources iron ore, bauxite, manganese, nickel, uranium, gold, gemstones, oil, and timber Anheuser-Busch InBev N.V. (Dutch pronunciation: , abbreviated as AB InBev) is a Belgian-Brazilian publicly-traded company, based in Leuven, Belgium. It is the largest global brewer with nearly 25% global market share and one of the world's top five consumer products companies by EBITA. Anheuser-Busch InBev has 14 brands that generate over 1 billion USD per year in revenue out of a portfolio of more than 200 brands (2010). This portfolio includes global brands Beck's, Budweiser, Stella Artois, and Brahma, smaller multicountry brands like Staropramen, Alexander Keith's, Leffe and Hoegaarden, and regional brands such as Bud Light, Skol, Quilmes, Labatt Blue, Michelob, Harbin, Sedrin, Cass, Klinskoye, Sibirskaya Korona, Chernigivske and Jupiler. From Wikipedia, the free encyclopedia Foreign Direct Investment Doing Business •Working and Business Hours •Breakfast, Lunch, Dinner •Use of Phone, Fax & Email •Authority, Status and Decision Makers •Time and Punctuality •Language •Dress Code •Greeting Protocols •Women in Business •Meeting Formats •Negotiating in Brazil •Talking Business • It is important to work closely with local lawyers and accountants. Many people have found the services of local middlemen (despachante) extremely useful. NEGOTIATIONS & MANAGEMENT Respect and courtesy Tolerance Identify problems Cultural taboos Know the Law Simplify language Be flexible http://pt.wikipedia.org/wiki/Jeitinho Yes, we can! Rules/Ethics:"Pode-E-Não-Pode"