Fresh news from The Wall Street Journal: A Spanish company, Iberdrola, has agreed to but Brazil’s Elektro for $2.4B. Nonetheless, the deal needs regulatory approval, expected to be completed in three to six months. The optimistic writer of this blog hopes that the government will not stop this deal. I expect that this deal will help toContinue reading “Iberdrola Agrees To Buy Brazil Elektro For $2.4B”
Daily Archives: January 20, 2011
BRICs: Trillon Dollar Club
In an excellent piece with a very useful graphic, The Economist contrasts and compares the BRICs according to several categories, pointing out that the four countries are far from homogenous. “The BRICs have also stepped up competition between one another in third countries. Although the flow of aid and investment from rich countries to poorContinue reading “BRICs: Trillon Dollar Club”
BRAZILGLOBAL.NET 