Ishr Bic 50 Discussion Threads

[dabaldek abbas] 11/3/2011 03:49

inflation expectations are down for the first time in a while. should bode well for bovespa enthusiasts, in the short term at least

[boron] 26/8/2010 10:09

Which BRIC EFT or fund is best? BRIC.L (Ishares is one of them.)

[trader horne] 14/7/2010 15:16

missed the low while watching Wimbledon finals, better wait some more...

[tpaulbeaumont] 23/5/2010 04:35

Good idea TH :)

[trader horne] 02/5/2010 09:44

looks like they're all sinking back - especially Brazil.
I shall keep my powder dry and wait a bit.

[tpaulbeaumont] 17/11/2009 08:06

Oh stop it you :)

this thread has more recent musings...



...cable collapsed prematurely, but everything else seems pretty tight :)

[dudishes] 17/11/2009 04:50

tp, noticed you started this thread 06, vision or what? Do you advise the Gov't, Brazil maybe??

[tpaulbeaumont] 17/11/2009 04:15

EEM has res at $34.55.

IBOV looks to be gunning for a new all-time-high in coming months, although after a new marginal high this/next week looks suspect for a correction.

[marloscm2] 23/10/2009 08:01

Pronor Petroquímica

Cod in Bovespa (Brazil): Pnor5

Pnor5 is the best Brazil small cap.

Associate with Coca-Cola
The Olimpic Games is great for Pnor5

Look links:

[ariane] 08/10/2009 16:36

Total CEO: Would Be Dream To Work With Brazil On Subsalt Oil





BUENOS AIRES -(Dow Jones)- French oil major Total SA (TOT) is interested in helping Brazil develop its recently discovered offshore oil reserves, but needs to evaluate recent changes to the country's regulatory framework.

"To invest in the subsalt is my biggest dream," Total Chief Executive Christophe de Margerie said Thursday on the sidelines of the World Gas Conference.

That dream, however, depends on the outcome of congressional debate on Brazilian President Luiz Inacio Lula da Silva's proposals to change the laws governing the country's oil and natural gas sector.

The measures were launched in September and would give Brazil's government a greater stake in the discoveries and state-run energy company Petrobras (PBR) the lead role in development.

The government decided to seek the changes after a series of offshore oil and natural gas discoveries. The so-called subsalt discoveries were made under a thick layer of salt in the Santos Basin off the coast of Sao Paulo and Rio de Janeiro states. The oil lies under more than 2,000 meters of water and a further 5,000 meters under sand, rock and a shifting layer of salt.

In November 2007, Petrobras shocked the world with the announcement of the Tupi field. Tupi was estimated to hold recoverable reserves of between 5 billion and 8 billion barrels of oil equivalent. That was the Western Hemisphere's largest oil discovery in 30 years.

"We need to reassess the situation to see what the size of the reserves are and how much we'll have to pay the state," de Margerie said. Total could then properly address its interest with government and Petrobras officials, he added.

The executive said that international oil companies needed to bring something extra to the table when seeking development partnerships with national oil companies.

"We have to show Petrobras that we can bring something of value," he said.

-By Jeff Fick, Dow Jones Newswires; 55-21-7564-4503; [e-mail]

[boron] 07/10/2009 11:32

BRIC.L ETF is the one to trade? i think this is the largest 50 bric companies.

[ariane] 06/9/2009 06:35

BRIC countries call for reform of international financial institutions


www.chinaview.cn 2009-09-05 05:22:46 Print

LONDON, Sept. 4 (Xinhua) -- The finance ministers and central bank governors from China, Brazil, Russia and India -- the so-called BRIC countries -- on Friday called for a substantial shift of quotas and shares in the international financial institutions in favor of emerging market and developing countries.

The BRIC countries gathered in London to discuss the reform of international financial institutions. A communique from the BRIC meeting said the reform is crucial to ensuring a stable and balanced global economy.

For the International Monetary Fund (IMF) and the World Bank Group, the main governance problem, which severely undermines their legitimacy, is the unfair distribution of quotas, shares and voting power. Priority should be given to a substantial shift of quotas and shares in favor of emerging market and developing countries, says the communique.

The BRIC countries proposed the setting of a target for that shift of the order of 7 percent in the IMF and 6 percent in the World Bank Group, so as to reach an equitable distribution of voting power between advanced and developing countries. This would lead the overall share of emerging market and developing countries in the IMF and the World Bank Group to correspond roughly to their share in world GDP.

The four countries stressed that they welcome the progress that had been made in strengthening the IMF's lending capacity. They thought IMF notes or bonds are the best option to provide immediate resources to the IMF without undermining the quota reform process.

The BRIC countries are together contributing 80 billion U.S. dollars to supplement the resources of the IMF.

For the reform of the World Bank, the BRIC countries believed that the World Bank Group also requires a review of its capital base in order to be able to fulfill an effective countercyclical role, especially in trade finance, and to deliver its development mandate over the long term.

Furthermore, they stressed the need to both expand the capital base and improve the efficiency and transparency of the governance structure at the World Bank.


Editor: Mu Xuequan

[grupo guitarlumber] 02/7/2009 05:53

China Edges Out US As Brazil's Top Trade Partner





RIO DE JANEIRO (AFP)--China edged out the U.S. as Brazil's top trading partner in the first half of the year, the Brazilian industry and trade ministry said.

Brazil's trade volume with China totaled $17.22 billion from January to June, compared with $17.1 billion with the U.S., historically Brazil's principal trading partner.

With the global economy in crisis, Brazilian exports plunged 22% in the first half of the year to $69.95 billion.

China was practically the only country to increase imports from Brazil during the period, raising them 42.3% to $10.45 billion compared with the first half of 2008.

If the trend continues, China could end the year as the South American giant's number one trading partner, Foreign Trade Minister Welber Barral said Wednesday.

But once the crisis has passed, the U.S. is likely to recover the top spot, he said.

[ariane] 16/6/2009 16:46

2nd UPDATE: BRIC States Urge Diversified Currency Systems -Reports





(Adds more quotes from statement.)

YEKATERINBURG, Russia (AFP)--The leaders of top emerging economies Brazil, Russia, India and China called Tuesday for a "more diversified" global currency system.

"We believe it is very necessary to have a stable, predictable and more diversified currency system," said a final declaration at the end of the first ever summit of the so-called BRIC nations.

The comment appeared to refer to the U.S. dollar, which Russian officials have repeatedly said hasn't performed its function as the world's top reserve currency.

"We are committed to advance the reform of international financial institutions, so as to reflect changes in the world economy," added the statement, a copy of which was obtained by AFP.

"The emerging and developing economies must have greater voice and representation in international financial institutions."

It said that a "reformed financial and economic architecture" should be based on transparent decision-making, a solid legal basis and a strengthening of risk management.

"We reaffirm our support for a more democratic and just multi-polar world order based on the rule of international law, equality, mutual respect, cooperation, coordinated action and collective decision-making of all states."

[tpaulbeaumont] 15/6/2009 09:14

fixed the header charts.
i had resistance on EEM @ $34.60 and the high thus far is 34.80, so lets see if it holds :)