Brazil is South America’s most influential country, an economic giant and one of the world’s biggest democracies. Brazil is the first country that Justin Cobb has expanded into in the Southern hemisphere and is going to be the biggest market we oversee. It is one of the rising economic powers – otherwise known as BRIC nations – together with Russia, India, China and South Africa. Over the past few years it has made major strides in its efforts to raise millions out of poverty.
The discovery of major offshore oil reserves could propel the country into the top league of oil-exporting nations. As the host of the football world cup in 2014 the economy is expected to experience a massive boost.