This week, Rio is hosting the Fifth World Urban Forum. For a city where the favelas are the dominant urban paradigma, the concept of urbanity is rather ambiguous. That’s the pessimist view. The optimist would say it is an opportunity for the city to rethink its standards. And a reminder to politicians who has forgottenContinue reading “World Urban Forum starts in Rio”
Monthly Archives: March 2010
Interest rates in Brazil are kept flat (whether you like it or not)
Last night, The Central Bank of Brazil kept its benchmark rate steady at 8.75%, against market expectations. It was not an unanimous decision, as five members voted for keeping rates flat while the other three voted for increasing rates by 50 bps. Some argue that tightening now would have been the best choice as theContinue reading “Interest rates in Brazil are kept flat (whether you like it or not)”
Biofuel conference in Amsterdam
Apparently Brazilians do not have a strong presence on the Biofuel World Conference to take place this week, in Amsterdam. Here is the official website: http://www.worldbiofuelsmarkets.com/
Brazil: again the safe port for investors?
Negative news flows from Europe may impact investor’s confidence in the short-term. It would be too optimist to think that Brazil is completely immune to a change in investors flows. Nonetheless, the Brazilian Central Bank has recently lifted part of the liquidity relief measures. These measures were adopted to help small banks after the credit crisis. This could be interpretedContinue reading “Brazil: again the safe port for investors?”
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