Author Archives: Janar Wasito

About Janar Wasito

Janar Wasito is the manager of Magis Capital in San Diego, CA. He is a graduate of Harvard and Stanford Law School, and a former Marine Officer.

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 … Continue reading

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Growing Violence in Rio Favelas

There is increasing violence in favelas in Rio. I have been watching these local newspaper reports: http://www.jb.com.br/rio/noticias/2017/09/22/militares-do-exercito-e-aeronautica-comecam-cerco-a-comunidade-da-rocinha/ http://www.msn.com/pt-br/noticias/brasil/delegado-pede-que-traficantes-encurralados-na-rocinha-se-entreguem/ar-AAsn0l6?li=AAggXC1 https://oglobo.globo.com/rio/forcas-federais-nao-tem-previsao-para-sair-da-rocinha-21860059 Wagner Moura (through his character) in Elite Squad noted that the Brazilians use the same techniques as the Americans in Iraq … Continue reading

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Optimism returns, The Economist

http://www.economist.com/news/business/21709352-stand-leader-little-optimism-returns-brazilian-firms-emerge-gloom?frsc=dg%7Cd …. A positive trend, albeit brief

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Brazil’s economy The only way is up

Cheer up. The Economist is calling a bottom Brazil’s economy The only way is up The recession rages on. But there are incipient signs of recovery Aug 20th 2016 | SÃO PAULO FOR many Brazilians, the high point of the … Continue reading

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Brazil’s Economy – Desperation

I have a friend in Brazil who tried to send herself a package with cloths, the value of which was maybe $100 dollars. The Brazilian government tried to levy a tax of $1563 reais ($350 dollars). At both the small … Continue reading

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Standard & Poor’s demote Brazil’s debt to junk status; Petrobras, not Investment Grade

The Economist has this piece out, today. I must ask, is it just my impression, or are many wealthy Brazilians actually out of the country, trying as hard as possible to give birth in America, etc.? “Petrobras, the state-controlled energy … Continue reading

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Brazil’s policymakers have stuck their heads in the sand. -The Economist

Brazil’s disastrous budget All fall down Brazil is in an economic hole—and still digging PLENTY of countries run deficits. And when recessions occur, loosening the public purse strings makes sense for many of them. But Brazil is not most countries. … Continue reading

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