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-Total Workforce Size: 2,983,000
-Unemployment Rate: 7.9%
-Literacy Rate: 94%
-Official Language: Spanish
-GNI Per Capita: $2,250
-AT Kearney Global Services Location Index: 43rd of 50
-Ease of Doing Business rank: 106th of 183
-S&P’s Currency Risk rating: B+
-Economist’s 2010 Democracy Index: 62nd of 167 (Flawed Democracy)
-Transparency International’s Corruption Perception Index: 146th of 178, score of 2.2

Brazil Industry Losing Out to Lower-Cost
Mercosur Members

Brazilian industry leaders are complaining that the strong growth of the Brazilian economy and the Super Real are acting as a disincentive to Brazilian investment. Brazilian companies are turning instead to less expensive options like Argentina, Paraguay, and Uruguay.

With the Super Real, manufacturing in Brazil has become very expensive and Mercosur partners offer comparative advantages: Paraguay, cheap energy; Argentina, natural gas at competitive prices and Uruguay qualified labor. On top of this, the total cost of taxes is significantly higher in Brazil compared to other Mercosur members.

Read it at MercoPress.

Jet Blue Prepares to Offer More Flights
 to Latin America

Jet Blue may become the airline of choice for companies with nearshoring strategies...

JetBlue Airways Corp., with 65 daily trips to the Caribbean and Latin America, may fly to more distant international destinations as it adds fuel-saving winglets to planes and receives new Airbus SAS A320neo jets.

The changes, along with replacing smaller Embraer E190 jets with bigger planes on some routes, will allow the New York-based carrier to fly farther and carry more passengers. JetBlue announced a $2.5 billion order Tuesday for 40 A320neos.

The plan will allow JetBlue to expand its strategy of focusing flying in New York, Boston and the Caribbean. The carrier said it also is likely to use Airbus A321 aircraft it will receive to boost service on high-demand cross-country routes between New York and San Francisco and Los Angeles.

Read it at Ashbury Park Press