Brazil’s real leads gains as Embraer wins $2.6 billion in orders

Paula Sambo – Bloomberg, 6/15/2015

Brazil’s real climbed the most among major currencies as Embraer SA won jet orders worth $2.6 billion, adding to speculation that the South American country’s inflows will increase.
Executives of the company announced Monday at the Paris Air Show deals with United Continental Holdings Inc. and other foreign buyers, cementing its standing as the biggest maker of regional jets. The planemaker reached an agreement with a Chinese airline and expects growing demand in the Asia-Pacific region over the next two decades.
“Big deal announcements mean long-term, stable capital inflows and positively impact the current account and the currency,” Ipek Ozkardeskaya, an analyst at London Capital Group, said by e-mail.

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G20: Rousseff says Brazil ready to aid EU, but wants more plan details

Gerald Jeffris – Dow Jones, 11/04/2011

Brazil is ready to offer aid to troubled countries in Europe through the International Monetary Fund, but needs to see more details about how a European aid package would be implemented before committing resources, Brazilian President Dilma Rousseff told counterparts at the opening proceedings of a summit of the Group of 20 industrial and developing nations Thursday.

Brazilian government officials present at the meetings said the president told fellow heads of state that the current difficult moment in the world economy calls for “leadership, clear vision, and swift action.”

Rousseff also reiterated recent recommendations that measures taken by the G20 emphasize promotion of economic growth.

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