Brazil property investors could be interested to hear that Brazil’s President Luiz Inacio Lula da Silva believes Barack Obama’s election to the White House represents democracy.

Property investors that are looking to invest in the world’s strongest emerging market, Brazil, will be pleased to hear that unconfirmed reports circulating Brazil suggest that banks will soon start making mortgages available to foreign buyers, alongside streamlining the process for local citizens.

Emerging nations will take a hit economically, but countries such as Brazil will in good shape overall and account for the growth that does take place.

Brazilian President Luiz Inacio Lula da Silva says that his country will not be impacted by the financial crisis that is affecting the US.

Property in Fortaleza, Ceara could be set to benefit from a $240 million (£134.9 million) World Bank loan designed to boost the region’s growth.

The Brazilian Ministry of Tourism has launched a global tourism campaign to double the number of international visitors it receives by 2010.