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Newsletter
May Edition 2012

China to Boost Brazil Investments

Biggest Brazil Price Jump in Year Undermines Rate Cut Goal

Brazil to cut electricity taxes to boost economy

This Week in Forest Carbon: Inching Forward Everywhere

Brazil's Congress approves controversial forest law

Brazil's economists predict 'huge' growth of carbon markets

PRECIOUS-Gold hits 4-1/2 month low on Greece turmoil

European shares fall to 2012 low on Greek grief

Greece on brink of collapse

Euro-Zone Economy Defies Doom-Mongers

Green News

New SMS Service

Charcoal Prices

Online Survey

Annual Reports

Online Presentation

Follow Us

BillionaireWelcome to the May edition of the Greenwood Management monthly newsletter.

Our aim is to send out a newsletter on a monthly basis to advise you of future events and report on previous industry related themes and news articles.

To update you, we have been working hard here at Greenwood over the past few months. In Canada our planting season is in full swing. Greenwood has planted tens of thousands of Christmas trees in the past few weeks. We will be posting some photographs once the spraying programme has been completed so watch this space!

Similarly in Brazil it has been quite an intense period of activity at the various plantations for Greenwood. In our Bahia, Brazil plantation, the infrastructure maintenance programme is under way, in preparation for the next planting phase later this year.

Our networking activities are also in full swing. On the 6th, 7th and 8th of June we will be attending the Carrefour International du Bois conference for wood professionals in Nantes, France. Mr Ricardo Goncalves Duarte Ferriera Sanches, Product Development and Logistics Coordinator will be representing the Greenwood Group of companies at this event. The Carrefour International du Bois is a highly important event for the world's timber trade.

We have included below some investment articles that may be of interest. Enjoy reading and look out for announcements on our new project.

If you have any suggestions for future newsletters please click here to provide your suggestions and we will do our best to meet your requests.

China to Boost Brazil Investments

BillionaireChina's deputy trade minister on Tuesday promised to boost his country's already significant Brazilian investments while inviting Brazil to do the same by increasing its comparatively small investment base in China.

"China is already Brazil's biggest trading partner," said Chinese Deputy Trade Minister Jiang Yaoping at a seminar in Sao Paulo. "I have three suggestions. Let's boost two-way industrial investment. Let's use existing bilateral government mechanisms to boost trade and investment. And let's use the Portuguese-speaking port of Macau as the entry way to China for Brazilian trade and investment."

To read the full story click here.

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Biggest Brazil Price Jump in Year Undermines Rate Cut Goal

Brazilian consumer prices rose more than economists expected in April, jumping the most in a year, reinforcing bets the central bank will have to unwind interest rate cuts after lowering borrowing costs to a record low in coming months.

Prices, as measured by the benchmark IPCA index, rose 0.64 percent in April, the national statistics agency said in Rio de Janeiro today. The increase was more than all but three of 47 analysts surveyed by Bloomberg whose median estimate was for a 0.59 percent increase. Annual inflation slowed to 5.10 percent from 5.24 percent.

BillionaireBrazil's President Dilma RousseffA 12.3 percent decline in the real over the past three months is pushing up the cost of imports, adding to price pressures in Latin America’s biggest economy fueled by near- record low unemployment. Today’s report reinforces bets that the central bank will miss its 4.5 percent inflation target this year as the economy recovers, prompting yields on most interest rate futures to rise.

To read the full story click here.

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Brazil to cut electricity taxes to boost economy

Billionaire(Reuters) - Brazilian President Dilma Rousseff plans to cut and simplify taxes for electricity producers and distributors, two senior officials told Reuters, as part of a strategy to reduce Brazil's high business costs and stimulate its struggling economy.

Brazil has been on the brink of recession since mid-2011 as high taxes, an overvalued exchange rate and other structural problems squeeze what had previously been one of the world's most dynamic emerging economies.

Rousseff has in recent months announced targeted tax cuts for stagnant sectors such as the automotive industry, embracing an incremental approach to reform that has drawn criticism from investors who say more drastic changes are needed.

To read the full story click here.

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This Week in Forest Carbon: Inching Forward Everywhere

BillionaireEcosystem Marketplace has formally closed its collection of data for the State of the Forest Carbon Markets 2012 report. We are grateful to those projects that provided us with complete responses - every respondent is featured at least once on the Forest Carbon Portal homepage now through the end of May.

If you did not respond to the survey during the open call for information and would still like to contribute (and be recognized), please contact Molly Peters-Stanley in our Carbon Program to find out how.

The Surui Tribe, Forest Trends, the State of Acre, and other partners invite you to a unique opportunity to discuss the complex array of ingredients for successful indigenous-led REDD+ projects. An agenda for the discussions with speaker profiles is available here.

The Paiter Surui tribe, under the leadership of Chief Almir Surui, with technical support from Forest Trends and other partners, has been working for over 5 years to protect their territory in the Amazon Basin from illegal logging and mining threats. This initiative has recently become the first-ever indigenous-led REDD project to be validated by the Verified Carbon Standard (VCS) and the Climate, Community, and Biodiversity Project Design Gold Standard (CCB Standard).

To read the full story click here.

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Brazil's Congress approves controversial forest law

BillionaireThe Brazilian Chamber of Deputies has approved controversial legislation that eases rules on how much land farmers must preserve as forest.

Brazil's powerful farmers' lobby argues that the changes will promote sustainable food production.

But environmentalists say the new forest code will be a disaster and lead to further destruction of the Amazon.

The bill now goes to President Dilma Rousseff, who may use her veto to remove some clauses. Wednesday's 247-184 vote in favor of the new forest code capped a year of political wrangling. Brazil's farmers have long pushed for changes, arguing that uncertainty over the current legislation has undermined investment in the agriculture sector, which accounts for more than 5% of GDP. Severe environmental restrictions have also forced many smaller farmers off their land, they argue.

To read the full story click here.

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Brazil's economists predict 'huge' growth of carbon markets

BillionaireBrazil's new carbon market could experience "huge" growth in the next eight years, as the government seeks to curb emissions from deforestation and industry.

That is the bullish prediction of some of Brazil’s leading economists, who are also looking to the UK for advice in developing a successful emissions trading scheme.

Speaking to reporters at Sao Paulo's FGV school of economics, Mario Monzoni, founder and director of sustainability studies, predicted a cap-and-trade scheme would be the most important mechanism to cut emissions from deforestation.

"We spend most of our days talking about cap and trade in Brazil," he said. "We need some conditions to do it, such as carbon inventories, which help to create the demand for credits." Nobody wants to be on the demand side. Everybody wants to sell. If there's no demand there'll be no market. But I believe in the next eight years in Brazil, we're going to develop a huge cap-and-trade market for carbon."

To read the full story click here.

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PRECIOUS-Gold hits 4-1/2 month low on Greece turmoil

Gold extended losses on Wednesday to slip to its weakest level since late December after the collapse of efforts in Greece to form a new government, prompting investors to cut exposure to the precious metal.

BillionaireBullion has this year been moving in tandem with assets that are perceived to be risky, shedding its status as a safe haven in times of economic instability.

Concerns about upheaval in the euro zone hit the euro and sent share prices lower across Asia as Greek political leaders meet Wednesday to form a caretaker government that will lead the country into its second election in just over a month.


To read the full story click here.

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Greece on brink of collapse

BillionaireEurope’s financial crisis lurched into a perilous new phase as dire predictions emerged of a collapse in Greece’s economy, with a run on its banks bringing an inevitable end to its membership of the euro.

As leaders in Athens accepted the need for a new general election to end a national stalemate, the International Monetary Fund said Europe’s leaders should prepare for the possibility of a Greek departure from the single currency. Christine Lagarde, head of the IMF, warned she was “technically prepared for anything” and said the utmost effort must be made to ensure any Greek exit was orderly. The effect was likely to be “quite messy” with risks to growth, trade and financial markets. “It is something that would be extremely expensive and would pose great risks but it is part of options that we must technically consider,” she said.

Raising tensions still further, Germany warned Greek voters that the wrong result in next month’s election will force their country out of the single currency. Greece’s president warned, perhaps most alarmingly, that its banks risk running out of money, posing a “threat to our national existence”.


To read the full story click here.

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European shares fall to 2012 low on Greek grief

BillionaireEuropean shares fell to their lowest closing level since the start of 2012 after attempts to form a Greek government collapsed, hitting heavyweight financial stocks, and traders said markets could slump further in the coming days.

The pan-European FTS Euro first 300 index fell 0.7 percent to 997.70 points - the first time it had closed down below 1,000 points since Dec. 29. It had earlier fallen as much as 1.1 percent to an intraday low of 993.05 points, its lowest intraday level since Dec. 30 when it reached 991.90 points.

The benchmark Athens index fell 3.6 percent to a fresh 20-year low, while ongoing concerns over Spanish banks knocked Spain's IBEX index down to its lowest level since late 2003 - worse than where the IBEX was during the bankruptcy of Wall St bank Lehman Brothers in 2008."We're drifting down sideways. At the moment, a lot of money is being sidelined. People don't really know where to put it other than cash," said Hartmann Capital equities and derivatives sales trader Basil Petrides.


To read the full story click here.

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Euro-Zone Economy Defies Doom-Mongers

BillionaireThe euro zone refuses to stick to the script. The currency bloc was predicted to slide back into recession in the first quarter; instead, the economy flat-lined, an improvement on the previous quarter's 0.3% contraction and well ahead of consensus forecasts for a 0.2% decline, Eurostat data showed Tuesday. The euro zone may be more resilient than its detractors admit.

True, recession was avoided largely thanks to Germany, which accounts for 27% of euro-zone GDP and racked up growth of 0.5%, well above expectations of 0.1%. But Belgium, Austria, Finland, Slovakia and Estonia also registered growth of between 0.2% and 1.3% on the quarter. One of the biggest surprises was that Portugal recorded a contraction of just 0.1%, defying fears about the drag from austerity.


To read the full story click here.

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Green News

At Greenwood Management we often come across articles that may be of interest to you. We thought that instead of keeping you waiting for an entire month, we would start to send out individual stories, updates or articles of interest from time to time – this is our new mini newsletter service, 'Green News'.

If you would be interested in receiving these NEW mini newsletters click here.

Once you have subscribed you are free to unsubscribe at any time.

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New SMS Service

At Greenwood Management we understand that our clients are quite often on the move whether through business or pleasure. Therefore, we have just introduced a FREE brand new SMS alert system for our clients.

Take advantage of our new service and be the first to receive…

  • Special offers and discounts on our products
  • Monthly charcoal prices
  • Information on new product releases

Sign up here today for FREE text alerts and to be entered into our monthly prize draw to win a brand new apple ipad.

Please note that you will not be charged for any text messages received through this service.
You can unsubscribe from this service at any time.

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Charcoal Prices

Click here to receive information on the latest charcoal prices from Brazil.

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Online Survey

In order to help us find the best investment solution for you please take a few moments to fill out our online survey.

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Annual Reports

If you would like to receive our report containing an executive summary of Acacia and Eucalyptus projects in Brazil, along with detailed analysis of the progress at Greenwood Fazendas (plantations) click here.

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