This from The Economist’s Buttonwood, economics column, dated 1 January, 2011; the excellent column makes the bearish case for 2011, the good mood ending 2010 notwithstanding. “It seems certain that the Federal Reserve will continue to accompany fiscal stimulus with the monetary equivalent in the form of near-zero interest rates and further quantitative easing. TheContinue reading “More Quantitative Easing 2 Impact”
Monthly Archives: February 2011
French multinational Rexel acquires Brazil’s Nortel Suprimentos Industriais SA | Invest in Brazil
From Invest in Brazil: French multinational firm Rexel has acquired Brazil’s Nortel Suprimentos Industriais SA, a key player in the distribution of electrical and industrial equipment in Brazil. Rexel is a global leader in the distribution of electrical supplies. The investment enables Rexel gain a significant foothold in the Brazilian market and creates a platformContinue reading “French multinational Rexel acquires Brazil’s Nortel Suprimentos Industriais SA | Invest in Brazil”
BRIEFING: Brazil’s presidential election Lula’s legacy
In reviewing Lula’s tenure as President, The Economist gives a nice summary of the advancement and status of Brazil over the past several years. “Instead, Brazilians are revelling in a golden moment. A country that used to fall over whenever the world economy wobbled was one of the last to go into recession in 2008Continue reading “BRIEFING: Brazil’s presidential election Lula’s legacy”
Another view of the World Social Forum 2011
I am working in Dakar. Incidentally, the World Social Forum took place here in the capital of Senegal. The kick off was a speech by Evo Morales on Sunday February 6th. The World Social Forum is not an organisation, not a united front platform, but a debate democratic forum. In short, it is the left’sContinue reading “Another view of the World Social Forum 2011”
Brazilian bakeries are hiring
Labor market overheating is felt in the bakery business and there are now over 25 thousand job openings waiting to be filled. According to the Brazilian Association of the Bakery Industry (Abip), the sector has grown around 10% per year in the last five years. Total sales were R$53 billion in 2010, a 14% growth overContinue reading “Brazilian bakeries are hiring”
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