Cambridge Forecast Group Blog: Backup

FUNDFORUM LATIN AMERICA BRAZIL SUMMIT: OCTOBER 19 2010 SAO PAULO BRAZIL

FundForum LatAm 2010 – Agenda Announced

60+ Speakers New Networking Features

Brazil Summit: 19th October 2010

* Main Conference: 20-21 October 2010

Blue Tree Morumbi Hotel Sao Paulo Brazil

GlobalCustodian.com NewsMail (admin@globalcustodian.com)

GlobalCust odian.com NewsMail

Thu 9/23/10

Announcing the 2010 Programme
With Over 60+ CEOs, CIOS, Investors & Other Industry Experts joining the Speaker Line-Up.

Dear Reader

FundForum Latin America will provide you with a deeper understanding of this diverse region, the chance to learn from the leading regional asset management experts, & meet some of the key institutional and retail fund selectors for the most comprehensive conference experience yet.

Download the Speaker Line-Up Online

5 Reasons Why FundForum Is The ‘Must Attend’ Investment Management Event

1. A Great Opportunity To Meet Experts From Across Latin America Including:
Carlos Massaru Takahashi, acting CEO, BB DVTM MANAGEMENT
Juan Luis Rivera, Partner, Moneda Asset Management

2. Meet With Key Institutional And Retail Fund Selectors Including:
Ernesto Leme, CEO, CLARITAS WEALTH MANAGEMENT
Sílvio Renato Rangel Silveira, CEO, FIBRA

3. Hear Cutting-Edge Data From Some Of The Leading Regional Economists:
Here are some of the topics and experts you can look forward to at FundForum Latin America:
Brazil – A Macro View
World Cup, Olympic Games, Elections, Interest Rates, Inflation Or The Risk Of Potential Overheating
Ana Cristina Gonçalves da Costa Boicenco, Chief Economist, BRAM – Bradesco Asset Management

Close-Up On Brazil
Is Isolation A Long-Term Solution And How Should Brazil Go About Aligning Itself With The Rest Of The World?
Andre Loes, Cheif Economist Brazil, HSBC

External Restrictions To The Growth Of The Brazilian Economy:
Examining The Effects Of The European Crisis And The Chronic Insufficiency Of Domestic Savings
Marcelo Kfoury, Chief Economist Brazil, CITI

4. Benefit From More Structured Networking Than Ever Before:
Meeting the right people is the number one PRIORITY at FundForum Latin American and, with this in mind, we have injected special formats into the agenda to ensure you come face to face with as many of our delegates as possible. Here are a few examples of how:

1. My FundForum Latin America – Allowing you to get in touch with other delegates up to 2 weeks prior to the event. Browse the attendee list, communicate and set up meetings the key people for you and your business with our online networking tool

2. Networking Roundtables – Whether you are sharing a lunch table, discussing a key theme or having a drink at the end of the day, these networking tables are an ideal way of putting your burning questions to the leading speakers of the day in an informal and relaxed environment

3. Speed Networking – Meet a maximum number of peers and clients in the shortest time. With only 2 minutes to introduce yourself and exchange business cards, this is “no-nonsense” networking. Once you have finished, you can file through your contacts in your own time.

5. Back By Popular Demand – A New And Improved Brazil Summit
Following last year’s success, we have re-worked the formula to ensure you come away with a greater and more in-depth understanding of the largest market in the region. Don’t miss the opportunity to hear from some of the most respected Brazilian experts including:

1. Paulo R. da Veiga C. Monteiro, Managing Partner, Mercatto Gestão de Recursos

2. João Medeiros, Director, Itaú Gestão Global de Patrimônio (IGPP)

3. Mauricio Levi, Managing Partner,FAMA INVESTIMENTOS

4. Fabio Dell’Acqua, Managing Partner, CONSTALLATIION INVESTIMENTOS

5. Henry Gonzalez, Managing Partner, FRAM CAPITAL

6. Reinaldo Holanda de Lacerda, Head of Product, Votorantim Asset ManagemenT

View the Programme & Speaker Line-Up online.

Looking forward to meeting you in Sao Paulo

Kind regards

Sarah Heery Conference Director

FUNDFORUM LATIN AMERICA

Call: +44 (0) 20 7017 7200.

Email: info@icbi.co.uk. Fax: +44 (0) 20 7017 7807.

Web: http://www.icbi-events.com/KN2246GLCEM

FundForum LatAm 2010 – Agenda Announced

60+ Speakers New Networking Features
Brazil Summit: 19th October 2010

* Main Conference: 20-21 October 2010

Blue Tree Morumbi Hotel Sao Paulo Brazil

GlobalCustodian.com NewsMail (admin@globalcustodian.com)

GlobalCust odian.com NewsMail

Thu 9/23/10

“PEDAGOGY OF THE OPPRESSED”: PAULO FREIRE EDUCATION BOOK

Pedagogy of the Oppressed

Paulo Freire (Author)

Myra Bergman Ramos (Translator)

Editorial Reviews

Product Description

This text argues that the ignorance and lethargy of the poor are the direct result of the whole economic, social and political domination. The book suggests that in some countries the oppressors use the system to maintain a ‘culture of silence’. Through the right kind of education, the book suggests, avoiding authoritarian teacher-pupil models and based on the actual experiences of students and on continual shared investigation, every human being, no matter how impoverished or illiterate, can develop a new awareness of self, and the right to be heard.

Product Details:

· Paperback: 183 pages

· Publisher: Continuum; 30 Anv Sub edition

· September 2000

· Language: English

· ISBN-10: 0826412769

· ISBN-13: 978-0826412768

The most widely known educator in the world died on May 2, 1997. Paulo Freire leaves a legacy of dogged struggle for democracy, equality, and the social consciousness required to envision and retain a more just world. In his most widely read book, Pedagogy of the Oppressed, Freire detailed the role of education as a political force—for either liberation or domination. He argued that the process of liberatory education, reflecting the specific intersections of an educator, a student, and a community, must be a process of unveiling, questioning the central issues of life: work, culture and the construction of knowledge. He opposed his pedagogy to “banking ” practices, rote memorization of the teacher’s facts, which he insisted only reproduce injustice by aculturing the student to passivity. A critical education, in contrast, assists the students in methods to unravel her world–and the words which hide or expose its realities, While Freire was never able to resolve the shipwreck contradiciton of socialism, critical consciousness versus national economic development, his insistence on the need for new styles of education and leadership, coupled with his own lifetime of activism, leave an indominatable testimony of hope. Most educators want to change the world. Freire did.

In the early 1970′s, Brazilian educator, Paulo Freire, visited Harvard and published an English translation of his best known work, Pedagogy of the Oppressed.

His general critique of education presented an analysis which challenged the neutrality of the technological model dominant in American schools. He argued that any curriculum which ignores racism, sexism, the exploitation of workers, and other forms of oppression at the same time supports the status quo. It inhibits the expansion of consciousness and blocks creative and liberating social action for change.

In Freire’s view of education, learning to take control and achieving power are not individual objectives, as in a “boot strap” theory of empowerment. For poor and dispossessed people, strength is in numbers and social change is accomplished in unity. Power is shared, not the power of a few who improve themselves at the expense of others, but the power of the many who find strength and purpose in a common vision. Liberation achieved by individuals at the expense of others is an act of oppression. Personal freedom and the development of individuals can only occur in mutuality with others. In the experience of women’s groups, civil rights workers, and many others committed to liberatory action, collective power and collegiality protect the individual far more than authoritarian and hierarchial modes of organization.

While Freire’s theoretical framework gave many community-based educators grounds for hope, it was his pedagogy–the practical, how-to-do-it methods–which gave them sought-after tools for the reconstruction of urban adult education. Freire advocated dialogue and critical thought as a substitute for “banking” education in which the riches of knowledge were deposited in the empty vault of a learner’s mind. He suggested several pedagogical techniques based on the mass literacy campaigns he organized in Brazil and Chile–campaigns integral to broadly defined programs of revolution and social change. It was these techniques which many literacy and basic education programs immediately incorporated into their practice: reflection on the political content of learner’s day-to-day experience, the organization of “culture circles” which promote dialogue and peer interaction, and the use of “people’s knowledge” as the basis for curriculum.

What does knowledge contained within the “banking” form of education have to do with the reality of the oppressed? Freire’s discussion of this concept brought to mind a passage in Robert Kaplan’s book The Ends of The Earth in which he discusses a school in India where people were taught things pertinent to their lives, such as sustainable agriculture and literacy; things that help them shape their own reality and find their places within that reality (Freire, 75.) What is reality and who determines it? Freire argues that reality is an always changing, transitory process with dialogue and critical thinking at its heart. Reality is not motionless, static, compartmentalized or predictable. Teachers make it seem as though it is. In light of this, what is the appropriate education for the oppressed or for anyone?

Freire states that education is a subversive force. In particular education is both subversive and real when it is liberating. “Education as the exercise of domination stimulates the credulity of students, with the ideological intent (often not perceived by educators) of indocrinating them to adapt to the world of oppression” (59.)Whereas, “Liberating education consists in acts of cognition, not transferrals of information” (60.) Most tellingly, “Problem posing education does not and cannot serve the interests of the oppressor. No oppressive order could permit the oppressed to begin to question: Why?” (67.) Indeed, problem posing education is a form of education which provides a method of finding meaningful problems and solutions for those receiving the education; not a way to oppress those attempting to gain education. The oppressors basically do not wish for the oppressed to think for themselves; similar to how advertisers attempt to plant ideas in the consumer’s subconscious mind and give him/her notions about providing for the ease of things being done for them, pre-made. The oppressors do not want the oppressed to have the education that is based on experiential learning. A pre-made education is one which will keep the oppressed oppressed and without freedom. True education is a practice of freedom (77) and requires that the oppressed apprehend and intervene in reality (90.)

Conscientizacao is a central concept to Freire’s conclusions. Ther term is described as “learning to perceive social, political, and economic contradictions, and to take action against the oppressive elements of reality” (17.) Freire states that some perceive conscientizacao as a danger. Conscientizacao involves knowing and naming the reality around you and interpreting that reality with critical analysis. In a sense it is a state of becoming fully conscious.

“Unity and organization can enable them to change their weakness into a transforming force with which they can re-create the world and make it more human.” This book is an excellent work providing prescriptive evidence about how the oppressed might go about creating their own reality to overcome oppression, seizing education, true education, as a path to freedom.

Pedagogy of the Oppressed

Paulo Freire (Author)

GLOBAL URBANIZATION: BRAZIL

UN STUDY WARNS OF FAILURE TO PLAN FOR

RAPID URBANIZATION

on behalf of UNNews (UNNews@un.org)

UN News Service

UNNews@un.org

Fri 8/06/10

UN STUDY WARNS OF FAILURE TO PLAN FOR RAPID URBANIZATION

New York Aug 6 2010

Governmental policies aimed at retarding urban growth and depriving the poor of benefits and services increase poverty and environmental degradation, creating serious long-term problems that could be avoided by enlightened planning, according to a new United Nations study.

The study, published today by the United Nations Population Fund (“http://www.unfpa.org/public/“UNFPA) and the International Institute for Environment and Development, examined Brazil, whose urban growth has been considerably more rapid than the countries in Europe and North America.

At present, Brazil’s urban centres represent 80 per cent of the country’s population – up from 36 per cent in 1950. But while cities now provide 90 per cent of the country’s wealth, more than a quarter of its urban citizens are below the poverty line, and one in 15 lives in extreme poverty.

Rather than addressing social inequalities and planning for urban growth, Brazil had adopted policies that discriminated against urban settlement by poor people, according to the study.

As a result, millions of people are excluded from key services and other benefits of urban life, while facing immense social, economic and environmental challenges – such as crime, pollution, unsafe housing and preventable diseases.

The co-authors of the study – George Martine, a former UNFPA staff member and past president of the Brazilian Association of Population Studies, and Gordon McGranahan, of the International Institute for Environment and Development – said it has lessons for other developing nations.

“The story of Brazil’s urban growth shows how deep-rooted inequalities have combined with negative policy stances to generate many of the social and environmental problems that still plague Brazilian society,” Mr. Martine said.

“Policymakers in Africa and Asia should embrace and plan for urban growth, so they can take full advantage of its potential to contribute to development, rather than vainly attempting to prevent it as Brazil did,” he added.

“A ‘business-as-usual’ approach that simply reacts to urban growth will be utterly inadequate,” said Mr. McGranahan. “To minimize the negative impacts of rapid urban growth, developing countries can learn from Brazil’s experiences and, especially, its mistakes.”

According to the latest projections, Africa’s urban population is expected to grow by 936 million in the first half of this century while Asian cities will grow by more than 2 billion.

The critical first step, the study concluded, is for policymakers to recognize the rights of poor people to live in cities and share in the benefits of urban life. The next is to plan ahead for their land and housing needs within a constantly updated vision of sustainable land use. This not only improves the lives of the poor, but enables the city to become prosperous and habitable for all.

“Urbanization and massive urban growth in developing countries loom as some of the most critical determinants of economic, social and ecological well-being in the 21st century,” said Mr. Martine. “Policymakers can learn much from the experience of Latin American countries — and especially Brazil — that have already gone through an early urban transition.”

Aug 6 2010

For more details go to UN News Centre at http://www.un.org/news

UN STUDY WARNS OF FAILURE TO PLAN FOR RAPID

URBANIZATION

on behalf of UNNews (UNNews@un.org)

UN News Service

UN News Centre at http://www.un.org/news

UNNews@un.org

Fri 8/06/10

BRAZIL INVESTMENT NEWS

BRAZIL INVESTMENT

BVMF News

bvmf@bvmf.com.br

Wed 6/30/10

Number 15, June 2010

Complete Version

“Brazil Easy Investing” will allow foreign investors to order routing in their local currencies
BM&FBOVESPA and Chi-X Global are jointly developing an order routing software designed for the trading of Brazilian equities in foreign currencies.

Launch of five new Currency Futures Contracts in the BM&F segment for trading
Australian Dollar (AUD), Canadian Dollar (CAD), Japanese Yen (JPY), Pound Sterling (GBP) and Mexican Peso (MXN) contacts are authorized for trading.

DMA trading reaches historic levels in the BM&F segment
Derivatives trading via Direct Market Access (DMA) set a new record in May, with 20,949,961 contracts traded in 3,040,357 trades. Other records were set during the same period.

Bidding Process for the selection of a manager for the new financial ETF
Interested financial entities must submit their proposals by no later than July 19th. The winning bidder will be the entity that provides the highest value commitment.

Important agreement to stimulate the relationship between entrepreneurs and investors
The partnership of BM&FBOVESPA and São José dos Campos Technology Park hopes to establish a culture of entrepreneurship and innovation, through professional training.

Brazil elected as the most trustworthy country among the developing nations for doing business
A survey of investors from all over the world showed that they considered Brazil to be the developing country with the best corporative governance.

WFE Working Committee Meeting will be hosted by BM&FBOVESPA
BM&FBOVESPA will host the World Federation of Exchanges (WFE) Working Committee on July, 1st and 2nd, in São Paulo. Main topic to be discussed will be “Sustainable Investment” Corporate Sustainability Index (ISE) completes five years with enhancements to the next portfolio
The companies listed on ISE are recognized for their high level of commitment to sustainability and social responsibility.

MARKET RESULTS – BM&F Segment May 2010
The derivatives market segment totaled 52,063,826 contracts and BRL3.57 trillion in volume. The average daily trading volume in the derivatives markets was 2,479,230.

MARKET RESULTS – BOVESPA Segment May 2010
The equities market segment reached a total volume of BRL152.93 billion, in 10.261.145 trades, setting a new record, with daily averages of BRL7.28 billion and 488,626 trades.
BM&FBOVESPA international representative offices

Contact information:

New York:
Mr. Marcelo Gualda
Phone: 212-750-4197
e-mail: mgualda@bvmf.com.br

London:
Ms. Cathryn Lyall
Phone: 44-208-528-1082
e-mail: clyall@bvmf.com.br

Shanghai:
Mr. Guey Chien
Phone: 86-21-5037-2886
e-mail: guey@bmfrepo.com.cn

Sao Paulo:
Ms. Lucy Pamboukdjian
Phone: 55-11-2565-7010
email: lpambouk@bvmf.com.br

BM&FBOVESPA

CAMBRIDGE FORECAST GROUP ESSAY: “CIVETS” AND “BRICS” AS THE NEXT LOCOMOTIVE OR ENGINE FOR THE GLOBAL ECONOMY?

CIVETS:

Colombia Indonesia Vietnam Egypt Turkey

and South Africa

Globalization of the Economy

“Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa will take over as the new BRICs, as Brazil, Russia, India and China were dubbed a decade ago.”

Last decade, the term BRIC (Brazil, Russia, India and China) was used to refer to emerging markets with high growth potential.

In 2010, six more countries have been included in the rank of these emerging markets, and the group has been designated as CIVETS (Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa). Emerging markets are expected to grow three times faster than developed countries this year and are driving global recovery.

Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa will take over as the new BRICs, as Brazil, Russia, India and China were dubbed a decade ago.

“Each has a very bright future,” HSBC CEO Michael Geoghegan said of the CIVETS, named after the cat-like animals found in some of the countries. “Each has large, young, growing population. Each has a diverse and dynamic economy. And each, in relative terms, is politically stable.”

Geoghegan, whose bank is the biggest in Europe but is targeting emerging markets for growth, said the growing importance of countries also including Mexico, Indonesia and Turkey will continue the power shift away from traditional economic strongholds of Europe and the United States.

Emerging markets will grow three times faster than developed countries this year and are driving global recovery, he said.

“Within three years, for the first time, the economic firepower of emerging markets will overtake the developed world, measured by purchasing power parity. It’s a defining moment.”

The size of the emerging market middle class will swell to 1.2 billion people by 2030, from 250 million in 2000, he said.

That bodes well for financial services, as households tend to open bank accounts and ask for other products when income reaches about $10,000, Geoghegan said.

“Many Chinese households are about to hit this level. They number about 33 million now. But they will quadruple to 155 million by 2014. In India, the change will also be dramatic,” he said.

“Within three years, for the first time, the economic firepower of emerging markets will overtake the developed world, measured by purchasing power parity. It’s a defining moment.”

CIVETS:

Colombia Indonesia Vietnam Egypt Turkey

and South Africa

Globalization of the Economy

BRAZIL ECONOMIC STATISTICS

Investor Relations Group

Central Bank of Brazil

GERIN gerin@bcb.gov.br

Focus – Market Readout – June 4 2010

Mon 7 Jun 2010

The link to the weekly report is

Focus – Market Readout - June 4, 2010.

Investor Relations Group
Phone +55 (61) 3414-3980
Fax +55 (61) 3414-3749

E-mail: gerin@bcb.gov.br

Links:
Time Series of Market Expectations
Other Reports from Gerin (Investor Relations Group)

Investor Relations Group

Central Bank of Brazil

GERIN gerin@bcb.gov.br

Focus – Market Readout – June 4 2010

Focus – Market Readout - June 4, 2010.

Mon 7 Jun 2010

BRAZIL ECONOMY STATISTICS

Investor Relations Group

Central Bank of Brazil

GERIN gerin@bcb.gov.br

Focus – Market Readout – June 4 2010

Mon 7 Jun 2010

The link to the weekly report is

Focus – Market Readout - June 4, 2010.

Investor Relations Group
Phone +55 (61) 3414-3980
Fax +55 (61) 3414-3749

E-mail: gerin@bcb.gov.br

Links:
Time Series of Market Expectations
Other Reports from Gerin (Investor Relations Group)

Investor Relations Group

Central Bank of Brazil

GERIN gerin@bcb.gov.br

Focus – Market Readout – June 4 2010

Focus – Market Readout - June 4, 2010.

Mon 7 Jun 2010

BRAZIL FINANCE NEWS

BVMF News

Number 13 April 2010

bvmf@bvmf.com.br

Tue 4/20/10

Complete Version

BRAiN initiative turns Brazil into an international hub for investments and business

BM&FBOVESPA, the Brazilian Financial and Capital Markets Association, and the Brazilian Federation of Banks announced the creation of a new association entitled BRAiN.

Visit BM&FBOVESPA at Tradetech London – booth 61
BM&FBOVESPA will exhibit at TradeTech’s booth # 61 and promote its products and services. The Exchange will also participate, on April 21 at 3:00 p.m., in a discussion panel on DMA opportunities.

CME Group and BM&FBOVESPA at the Brazil Investment Summit

BM&FBOVESPA and CME Group will jointly exhibit at the event and participate in the discussion panel “Facilitating quantitative trading in Brazil“, which will address algo and high frequency trading.

U.S. Senator Christopher Dodd discusses securities market regulation with BM&FBOVESPA officers

The Chairman of the U.S. Senate Committee on Banking, Housing, and Human Affairs visited BVMF in order to understand BM&FBOVESPA’s business model and the Brazilian markets regulatory system. MegaDirect new version
The electronic communication interface has a new version since April 9. MegaDirect enables the insertion, modification, and cancelation of offers placed on Mega Bolsa.

BM&FBOVESPA and Cepea launch Spot Ethanol Price Indicator

The new indicator is a daily gauge for hydrous ethanol with price formation in Paulínia, in the state of São Paulo, a fuel distribution hub in Brazil.

DMA trading reaches historic records at BM&FBOVESPA
Derivatives trading via DMA reached 18,404,891 contracts traded, in 1,983,044 trades. The equities markets registered a historic financial volume record of BRL 136.86 billion and 11,867,547 trades.

BM&FBOVESPA international representative offices

Contact information:

The content of this publication is provided merely for informational and promotional purposes. It is not a recommendation for investment in any specific financial product. Please contact a brokerage house for additional information on how to evaluate the potential risks and benefits of securities and derivatives trading.

Membership of BM&FBOVESPA is available only to persons in Brazil. Connectivity to BM&FBOVESPA is available in the United Kingdom only to persons that are either authorised persons or exempt persons (in each case as defined in the Financial Services and Markets Act 2000). This information is for distribution only to persons who (i) have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the “Financial Promotion Order”), (ii) are persons falling within Article 49(2)(a) to (d) (“high net worth companies, unincorporated associations etc”) of the Financial Promotion Order, (iii) are outside the United Kingdom, or (iv) are persons to whom an invitation or inducement to engage in investment activity (within the meaning of section 21 of the Financial Services and Markets Act 2000) in connection with the exchange and clearing services provided by BM&FBOVESPA may otherwise lawfully be communicated or caused to be communicated (all such persons together being referred to as “relevant persons”). This information is directed only at relevant persons and must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this relates is available only to relevant persons and will be engaged in only with relevant persons.

BVMF News

Number 13 April 2010

bvmf@bvmf.com.br

Complete Version

Tue 4/20/10

CENTRAL BANK OF BRAZIL WORKING PAPERS

Banco Central do Brasil

Working Paper Series

Divulgando os WPs 181 a 185‏

Working Paper Series (workingpaper@bcb.gov.br)

Thu 5/21/09

Prezados Membros da Lista:

Informamos que foram publicados recentemente na página da internet do Banco Central do Brasil os seguintes Trabalhos para Discussão:

185.   Market Forecasts in Brazil: performance and determinants de autoria de Fabia A. de Carvalho e André Minella

184.   Behavior Finance and Estimation Risk in Stochastic Portfolio Optimization de autoria de José Luiz Barros Fernandes, Juan Ignacio Peña e Benjamin Miranda Tabak

183.   Ganhos da Globalização do Capital Acionário em Crises Cambiais de autoria de Marcio Janot e Walter Novaes

182.   Avaliação de Opções Americanas com Barreiras Monitoradas de Forma Discreta de autoria de Giuliano Carrozza Uzêda Iorio de Souza e Carlos Patrício Samanez

181.   Monetary Channels in Brazil through the Lens of a Semi-Structural Model (Inglês) de autoria de André Minella e Nelson F. Souza-Sobrinho.

Atenciosamente,

Editoria

Working Paper Series

E-mail: workingpaper@bcb.gov.br

OBS:

– Lembramos que mensagens para a lista devem ser enviadas para wpg@info.bcb.gov.br

– A relação de todos os trabalhos publicados pode ser acessada em Trabalhos para Discussão.

Divulgando os WPs 181 a 185‏

Working Paper Series (workingpaper@bcb.gov.br)

Working Paper Series

E-mail: workingpaper@bcb.gov.br

wpg@info.bcb.gov.br

Banco Central do Brasil

Trabalhos para Discussão

http://www.bcb.gov.br/?english

Thu 5/21/09

BRAZIL CENTRAL BANK: "FOCUS-MARKET READOUT APRIL 17 2009"

Focus – Market Readout – April 17 2009‏

Brazil – Investor Relations Group (gerin@bcb.gov.br)

Mon 4/20/09

The link to the weekly report is:

Focus – Market Readout -  April 17, 2009.

Investor Relations Group
Phone +55 (61) 3414-3980
Fax +55 (61) 3414-3749

E-mail: gerin@bcb.gov.br

Links:

Time Series of Market Expectations

Other Reports from Gerin (Investor Relations Group)

Focus – Market Readout – April 17 2009‏

Brazil – Investor Relations Group (gerin@bcb.gov.br)

Focus – Market Readout -  April 17, 2009.

Mon 4/20/09