Isolamento e seleção de leveduras fermentadoras de xilose

Pós-graduação em Microbiologia - IBILCE

Avaliação da rugosidade, corrosão e aderência bacteriana no titânio comercialmente puro após ação de fluoretos em diferentes períodos

Coordenação de Aperfeiçoamento de Pessoal de Nível Superior (CAPES)

ECLAC Notes Nº 44

Regional Overview Opinion. The Growth Cycle in the Region and Challenges to Competitiveness The External Sector Oil Bills of Some Central American Countries Have Doubled since 2002 New Trend in Latin America is to Issue Sovereign External Debt in Local Currencies Macroeconomic Policy Internal Performance Economic Growth Fuels Better Job Creation in Latin America and the Caribbean Statistical Appendix Recent Titles Calendar of Events

Capital flows to Latin America: recent developments

The external environment has deteriorated sharply as a result of the spiraling financial turmoil, and has led to a weakening in commodity prices and fears of a worldwide recession. Latin America and the Caribbean's fastest expansion in 40 years may be threatened as the global credit crunch makes financing scarce and squeezes demand for the region's commodities. This time around the region is better positioned to weather the crisis than in the past, given improvements in macroeconomic and financial policies as well as a reduced net dependency on external capital inflows. However, Latin American markets are feeling the effects of the crisis through a slowdown in capital inflows, large declines in stock price indexes, significant currency adjustments and an increase in debt spreads. Volatility has soared, with the closely watched Chicago Board Options Exchange Volatility Index moving to an all-time high of 70.33 on October 17, indicating that fear (rather than greed) has been ruling the markets.After reaching record lows in May 2007, emerging markets bond spreads are now above pre-Asian crisis levels. The JPMorgan EMBI+ Latin American composite widened by 146 basis points in the third quarter, with spreads reaching 448 basis points at the end of September. Spreads have widened sharply in recent weeks as foreign investors cut back regional exposure for the safety of U.S. Treasuries. The ongoing lack of liquidity and subsequent liquidation of assets is leading to a collapse in asset prices and a sharp widening in spreads. Daily spreads in October have risen to levels not seen since December 2002, making it much more difficult for governments that need financing to get it. Risk premiums for Latin corporates and sovereigns have risen substantially, but have remained well below U.S. junk (high-yield) bonds. Latin corporates are facing a steep rise in foreign exchange borrowing costs (although less than firms in other emerging markets), which raises concerns that refinancing risks will climb.So far, emerging markets vulnerabilities have been more focused on corporates, as sovereigns have improved public debt dynamics and countries' financing needs are under control. Market performance has been driven by the rapid deterioration of emerging markets bank and corporate market, as well as ongoing losses in emerging markets equities. From January to September 2008, the Morgan Stanley Capital International (MSCI) Latin American Index lost almost 28%, while the Emerging Markets Index lost 37% and the G-7 Index lost 24%. While in 2007 the Latin America component gained 47%, almost nine times as much as the MSCI-G7 index for developed markets, since mid-September 2008 stocks in Latin America have been doing worse than stocks in developed countries, as concerns about access to credit and the adverse impact of sharp falls in commodity prices and in local currencies contribute to increased risk aversion and to outflows of capital. Many governments in the region have used revenue from the commodity boom to pay down debt and build reserves. Now, facing a global financial crisis and the threat of recession in developed countries, the biggest question for Latin America is how long and deep this cyclical downturn will be, and how much it is going to reduce commodity prices. Prices for commodities such as soy, gold, copper and oil, which helped fund the region's boom, have fallen 28% since their July 2 high, according to the RJ/CRB Commodity Price Index. According to Morgan Stanley (in a September 29 report), should prices return to their 10-year average, Latin America's balanced budgets would quickly revert to a deficit of 4.1% of GDP. As risk aversion increases, investors are rapidly pulling out massive amounts of money, creating problems for local markets and banks. There is an ongoing shortage of dollars (as investors liquidate assets in Latin American markets), and as currencies depreciate, inflation concerns increase despite the global slowdown. In Brazil and Mexico, central banks deployed billions of dollars of reserves to stem steep currency declines, as companies in these countries, believing their local currencies would continue to strengthen against the U.S. dollar, took debts in dollars. Some companies also made bets using currency derivatives that have led to losses in the billions of dollars. Dramatic currency swings have caused heavy losses for many companies, from Mexico's cement giant Cemex SAB to the Brazilian conglomerate Grupo Votorantim. Mexico's third-largest retailer, Controladora Comercial Mexicana, declared bankruptcy recently after reporting huge losses related to exchange rate bets. As concerns about corporate exposure to dollar-denominated derivatives increases, yields on bonds issued by many of Brazil's and Mexico's leading companies have started to rise, sharply raising the cost of issuing new debt. Latin American external debt issuance came to a halt in the third quarter of 2008, totaling only US$ 690 million. The cost of obtaining loans for capital expenditures, M&A and debt refinancing is also rising substantially for Latin American corporates amid contagion from the U.S. financial crisis. According to bankers, a protracted trend of shortening tenors and widening spreads has intensified in the past few weeks, indicating that bank lending is quickly following the way of bonds and equity. Finally, money transfers from Latin American migrants are expected to decline for the first time this decade, as a result of economic downturns in the U.S. and Spain, inflation and a weaker dollar. The Mexican Central Bank announced that money transfers from Mexicans living in the U.S. dropped a record 12.2% in August. In 2008, migrants from the region will send some 1.7% less in remittances year-on-year when adjusted for inflation, according to the IADB, compounding the adverse effects of the deepening financial turmoil.

Resistência à fratura de próteses parciais fixas de zircônia: efeito da aplicação da cerâmica de cobertura e do jateamento na região gengival dos conectores e pônticos

Coordenação de Aperfeiçoamento de Pessoal de Nível Superior (CAPES)

Resistência de união de cimentos resinosos, ao cisalhamento, variando o substrato e o material restaurador

Coordenação de Aperfeiçoamento de Pessoal de Nível Superior (CAPES)

Capital Flows to Latin America and the Caribbean: Recent Developments

For six years, the global economy has been driven by the U.S. Federal Reserve’s policies of easy money. Liquidity has flowed from developed to developing economies, financing infrastructure and corporate investment and allowing consumers to indulge in credit-fuelled retail spending. Thus the effective ending of the Fed’s third round of asset purchases (QE3) at the end of October represents both a watershed and the beginning of a new stage in the world economy. The end of asset-purchases comes at a challenging time for emerging markets, with China’s economy slowing, the Euro zone struggling to avoid a recession and the Japanese economy already in recession. The unwinding of the U.S. monetary stimulus, while the European Central Bank and the Bank of Japan step up their monetary stimulus, has underpinned an appreciation by the U.S. dollar, in which most commodities are priced. An appreciated dollar makes dollar-denominated commodities more expensive to buyers, thereby creating pressure for sellers to lower their prices. Latin American markets ended the third quarter of 2014 under pressure from a stronger U.S. dollar. In this changing external context, there are many signs that a slowdown in Latin American and Caribbean (LAC) financial markets, particularly debt markets, which have been breaking issuance records for the past six years, may slowdown from now on. Commodity prices – including those of oil, base metals and some goods – are in a prolonged slump. The Bloomberg commodity price index, a benchmark of commodity investments, has fallen to a five-year low as China’s economy slows down, and with it the demand for commodities. Investment into the LAC region has decelerated, in large part because of a deceleration of mining investments. Latin American currencies have suffered depreciations, as current account deficits have widening for a number of countries. And LAC companies, having issued record amounts of foreign currency bonds may now struggle to service their debt. In October, credit-rating agency Moody’s downgraded the bonds of Brazil’s Petrobras to tow notches above speculative grade because of the impact of falling oil prices and the weaker real on its debt. Growth prospects look brighter in 2015 relative to 2014, but a strengthening U.S. dollar, uneven global growth and weakness in commodity prices are skewing the risk toward the downside for the 2015 forecasts across the region. The Institute of International Finance expects the strengthening of the dollar to have a divergent impact across the region, however, depending on trade and financial linkages. The Institute of International Finance, Capital Flows to Emerging Markets, October 2, 2014. A stronger dollar lifts U.S. purchasing power, supporting exports, growth and capital inflows in countries with close trade links to the U.S. economy. However, rising dollar financing costs will increase pressure on countries with weak external positions. Given the effects of falling oil prices and a stronger dollar, some companies in the region, having issued record amounts of foreign currency bonds, may now struggle to service their debts. Prospects of Fed rate hikes resulting in tighter global liquidity amid the rapid rise in the corporate external bond stock has indeed raised concerns over some companies. However, there is still a shortage of bonds at a global level and the region still enjoys good economic policy management for the most part, so LAC debt markets may continue to enjoy momentum despite occasional bursts of high volatility – even if not at the record levels of recent years.

Capital Flows to Latin America and the Caribbean: 2014 Overview

Divergence in macro trends and in monetary policy in advanced economies was a dominant driver of rates and currencies in emerging markets in 2014. Diverging macroeconomic developments were reflected in different monetary policy actions in 2014, with the European Central Bank (ECB) and the Bank of Japan (BOJ) moving in the opposite direction of the U.S. Federal Reserve. The unwinding of the U.S. monetary stimulus, while the ECB and the BOJ step up their monetary stimulus, has underpinned an appreciation by the U.S. dollar, in which most commodities are priced. Latin American markets, which started the year under pressure from fears of the U.S. Federal Reserve tapering off its quantitative easing program and concerns over stability, ended 2014 under pressure from a stronger U.S. dollar. However, there are many signs that a slowdown in LAC financial markets – particularly debt markets, which have been breaking records in debt issuance for the past six years – is under way. The region’s growth prospects look somewhat brighter in 2015 relative to 2014, but a strengthening U.S. dollar, uneven global growth and weakness in commodity prices are skewing the risk toward the downside for the 2015 forecasts across the region.

Avaliação espectrofotométrica de diferentes sistemas cerâmicos

Coordenação de Aperfeiçoamento de Pessoal de Nível Superior (CAPES)

Avaliação da citotoxicidade de agentes clareadores para uso caseiro e profissional

Coordenação de Aperfeiçoamento de Pessoal de Nível Superior (CAPES)

Morfodinâmica costeira e o uso da orla oceânica de Salinópolis (Nordeste do Pará)

Os aspectos morfodinâmicos relacionados à erosão ou acresção da linha de costa são alguns dos assuntos analisados na gestão das zonas costeiras que vêem sendo tratada em todo mundo no sentido de monitorar e proteger essas zonas. Esta tese objetiva analisar o comportamento da morfodinâmica costeira de Salinópolis, relacionando-o ao uso da orla oceânica. A área de estudo foi compartimentada em três setores: Oeste (praias da Corvina e do Maçarico), Central (praia do Farol Velho) e Leste (praia do Atalaia). A metodologia consistiu na: (a) aquisição e tratamento de imagens multitemporais (1988-2001-2013) do satélite Landsat 5 TM, 7 ETM e 8 OLI; (b) aplicação de entrevistas/questionários com banhistas, (c) aquisição de dados de campo durante as estações chuvosa (26, 27, 28/04/2013) e menos chuvosa (04, 05, 06/10/2013); e (d) análise laboratorial para o tratamento dos dados adquiridos em campo (topografia das praias estudadas, amostragem de sedimentos superficiais das mesmas e com o uso de armadilhas, e medições oceanográficas de ondas, marés, correntes e turbidez). Foram feitas as representações gráficas dos perfis topográficos das praias, calculados os parâmetros estatísticos granulométricos de Folk & Ward (1957), as taxas do transporte sedimentar nas praias e os parâmetros morfométricos de Short & Hesp (1982), estes últimos foram calculados com o intuito de relacioná-los aos estados morfodinâmicos de praias propostos por Wright & Short (1984) e Masselink & Short (1993). Para a classificação da costa oceânica de Salinópolis em termos de uso e ocupação foi utilizado o decreto nº 5.300 de 7 de dezembro de 2004. A partir das pesquisas sobre a urbanização na costa e das obras situadas nos ambientes costeiros foi utilizada uma matriz proposta por Farinaccio & Tessler (2010) que lista uma série de impactos ambientais, e o quadro de geoindicadores do comportamento da linha de costa proposto por Bush et al. (1999), para a identificação de locais com vulnerabilidade à erosão ou acresção. Para as condições oceanográficas em cada praia e periculosidade ao banho nas mesmas, foram integralizados os dados de ondas, de correntes, de morfodinâmica praial e questionários aplicados com banhistas. Atualmente, a orla oceânica de Salinópolis possui diferentes características quanto à utilização e conservação, abrangendo desde a tipologia de orlas naturais (Classe A) até orlas com urbanização consolidada (Classe C). A primeira ocorre nos extremos da área de estudo e, a segunda, na região da sede municipal. Quatro tipos de praias foram identificados segundo a exposição marítima e o grau das condições oceanográficas: tipo 1 (Maçarico), tipo 2 (Corvina), tipo 3 (Farol Velho) e tipo 4 (Atalaia). O trecho de costa com maiores impactos ambientais e com elevada erosão costeira localiza-se na praia do Farol Velho. O grau de periculosidade ao banho foi de 4 (praia do Maçarico) a 7 (praia do Atalaia) – médio a alto grau de risco. As praias de Salinópolis apresentam declives suaves (< 1,5°), grandes variações na linha de costa entre as estações do ano (9,6 a 88, 4 m) e volume sedimentar variável dependendo do grau de exposição das praias ao oceano aberto. Predominou o estado morfodinâmico dissipativo (Ω>5,5) para estas praias, mas com ocorrência do estado de banco e calha longitudinais (4,7<Ω<5,5) no setor oeste. As macromarés na área de estudo apresentaram altura máxima de 5,3 m (Setor Central, durante a estação menos chuvosa) e mínima de 4 m no mesmo setor, durante a estação chuvosa. As correntes longitudinais foram mais intensas no setor leste (>0,45 m/s) durante as duas estaçoes do ano. As alturas de ondas foram também maiores no setor leste (máximo de 1,05 m durante a maré enchente na estação menos chuvosa) e os períodos de ondas foram mais curtos (<4,5 s) no setor oeste. A média granulométrica obtida dos sedimentos coletados na face praial apresentou escala mais freqüente entre 2,6 a 2,8 phi, indicando a predominância de areia fina. O grau de seleção predominante dos sedimentos foi de 0,2 a 0,5 phi (muito bem selecionados e bem selecionados), e da assimetria foi de positiva (0,10 a 0,30) e de aproximadamente simétrica (-0,10 a 0,10). O grau de curtose variou desde muito platicúrtica (<0,67) a muito leptocúrtica (1,50 a 3,00). Foram observados eventos de acresção sedimentar da estação chuvosa a menos chuvosa. De 22/07/1988 a 28/08/2013 (25 anos) também houve predomínio de acresção, onde o avanço médio linear da linha de costa foi de 190,26 m. O recuo médio linear obtido para toda área de estudo foi de -42,25 m. Áreas com maior erosão são pontuais: divisas das praias da Corvina e Maçarico, e Farol Velho e Atalaia. Os traps portáteis indicaram uma maior quantidade de sedimentos transportados longitudinalmente na estação menos chuvosa (Mín. 280 g/m³: enchente, setor oeste; Máx. 1098 g/m³: vazante, setor leste). Nos traps de espraiamento, o balanço entre a quantidade de sedimentos entrando e saindo nas praias foi menor no setor central (Mín. 80 g/m³: vazante, estação menos chuvosa; Máx. 690 g/m³: enchente, estação menos chuvosa). A circulação costeira sedimentar é proveniente, principalmente, do efeito das marés, com direção governada pela enchente e vazante dos rios que atravessam a costa. Os dados indicam o transporte longitudinal de sedimentos da ilha de Atalaia e rio Sampaio para o setor oeste e as margens das faixas praiais.

Resistência de união e discrepância marginal absoluta de infraestruturas feitas em cerâmica Y-TZP: influência de novos métodos de tratamento de superfície

Coordenação de Aperfeiçoamento de Pessoal de Nível Superior (CAPES)

Glicerina associada à ureia na alimentação de bovinos Nelore

Pós-graduação em Zootecnia - FCAV

Efeito de protocolos de cimentação na carga de fratura para uma cerâmica de dissilicato de lítio

Pós-graduação em Odontologia Restauradora - ICT

Caracterização de uma cerâmica 3Y-TZP e avaliação do efeito de tratamentos de superfície na adesão da cerâmica ao glaze ou cimento resinoso

Pós-graduação em Odontologia Restauradora - ICT