Brazilian currency boosted by lower inflation in the U.S.

  While domestic turbulences remain, the Brazilian currency experiences a relief thanks to an external factor. Itau-BBA’s report indicates that emerging market currencies were favoured by lower-than-estimated inflation in the U.S. According to the Brazilian investment bank, the good news about inflation should delay the U.S. Federal Reserve’s decision to hike the benchmark interest rateContinue reading “Brazilian currency boosted by lower inflation in the U.S.”

Enemies wanted : The Brazilian army is turning into a de facto police force Its plodding infantry are ill-suited to repel threats to natural resources

https://www.economist.com/news/americas/21724839-its-plodding-infantry-are-ill-suited-repel-threats-natural-resources-brazilian-army FEW places illustrate the modern role of the Brazilian army better than Tabatinga, a city of 62,000 on the shared border point between Brazil, Colombia and Peru. The frontier, protected by Amazon rainforest, has not budged since the Portuguese built a now-ruined fort there in the 1700s. But JĂșlio Nagy, a local commander, hasContinue reading “Enemies wanted : The Brazilian army is turning into a de facto police force Its plodding infantry are ill-suited to repel threats to natural resources”