Monthly Archives: May 2011

Carrefour merging in Brazil?

Posted on May 23, 2011 by Hildete Vodopives

Two recent news about Carrefour’s operations in Brazil. A possible merger with Grupo Pão de Açucar and the deal with Itau Unibanco, which bought 49% of the French retailer’s bank. According to Dow Jones in Paris, Carrefour SA may seek … Continue reading →

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Brazilians pay record taxes in 2011

Posted on May 21, 2011 by Hildete Vodopives

Brazilian Internal Revenue Service (Receita Federal) announced a new records showing that taxes are moving put with the economy. Dolar is stable and country risk is down but GDP prognostics for 2011 are decelerating. The first quarter of 2011 set … Continue reading →

Posted in Economy | Tagged , , , , | 1 Comment

Brazilians discover art investment

Posted on May 18, 2011 by Hildete Vodopives

Brazilians are getting more sophisticated in asset allocation. Different alternative investments raise as a novelty and art investment may be the intangible of intangibles .. but why not add it to the list? I love art and the idea of combining it with investment … Continue reading →

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Latest data on labor market in Brazil. (Ask for a raise)

Posted on May 13, 2011 by Hildete Vodopives

IBGE –  the Brazilian Institute of Geography and Statistics – came with good news about domestic labor market.  Working population is increasing, unemployment rate dropped and there is a resumption of growth in the real income average. Bottom line: labor market in Brazil is … Continue reading →

Posted in Economy | Tagged , , , | 1 Comment

G20 Meetings

Posted on May 12, 2011 by Janar Wasito

Mr. Mantega directly criticized the American central bank’s Ben Bernanke in a reference to throwing dollars from a helicopter. The Economist notes that Mr. Mantega was one of many foreign bankers who make similar criticisms of quantitative easing. “Fears of … Continue reading →

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