Brazil’s New President – Coming Down to Earth For a variety of reasons outlined by The Economist, liquidity looks set to continue to flow towards Brazil. “She has said she wants real interest rates, currently higher than those in any other big economy, to fall from 5% to 2% by 2014. But inflation crept upContinue reading “Brazil’s New President – Coming Down to Earth”
Author Archives: Janar Wasito
Latin America: Democracy, Latino-Style
Brazil reacted negatively to a military coup in Honduras, which is re-assuring to Brazil watchers who would like the Latin American democracy to avoid slipping backwards towards a military dictatorship. “EARLY in the morning on June 28th 2009 a group of soldiers barged into the official residence of Honduras’s president and bundled its occupant, ManuelContinue reading “Latin America: Democracy, Latino-Style”
Science in Brazil: Are the Brazilians in Paris the real South Americans?
Hemingway wrote in The Sun Also Rises: “You can see all the South Americans you want in Paris… They’re not the real South Americans.” The Economist enters the classic dialogue in a piece on science education in Brazil: “POPULAR with foreigners looking for sun, sea and samba, Brazil wants to turn itself into a hotContinue reading “Science in Brazil: Are the Brazilians in Paris the real South Americans?”
Banking in Emerging Markets: The Bigger and Bigger Picture
In covering the rise of Emerging Markets banks, The Economist notes that few of these financial firms are known on a global basis – yet their rate of growth indicates the potential for expansion. “Despite their large size, most emerging-market banks are not household names in the West. Most rich-world investors are aware of China’sContinue reading “Banking in Emerging Markets: The Bigger and Bigger Picture”
Complexo do Alemao, Rio de Janeiro, November 2010 fighting
Excellent reporting from The Economist Time’s up Nov 28th 2010, 19:06 by H.J. | RIO DE JANEIRO ONE WEEK after drug dealers and gangsters started a campaign of arson and robbery in Rio de Janeiro, Brazilian security forces have entered the Complexo do Alemão, a group of 12 favelas (shantytowns) where the ringleaders are hiding,Continue reading “Complexo do Alemao, Rio de Janeiro, November 2010 fighting”