Brazil – Page 45 – BRAZILGLOBAL.NET

GDP growth in Germany due to sales of luxury goods in Brazil, India, China

The Economist notes “supercharged Germany” selling to increasingly rich in Brazil, India, China. Contrast America’s woe with Europe’s renewed hope. Figures published after The Economist went to press were expected to show that the euro area’s economy grew faster than America’s in the second quarter, thanks largely to supercharged Germany. Booming sales to fast-growing emergingContinue reading “GDP growth in Germany due to sales of luxury goods in Brazil, India, China”

Emerging Market High Frequency Trading

The Economist writes about high frequency trading coming to Emerging Markets, such as the Bovespa. These trading strategies may improve market efficiency by adding liquidity in the very short term. THE merits of high-frequency trading (HFT) are under scrutiny in America, thanks to the “flash crash” of May 6th when the Dow Jones Industrial AverageContinue reading “Emerging Market High Frequency Trading”

Race & Law; Bolsa Familia

The Economist notes controversy over the race and law in Brazil. As well, The Economist covered Bolsa Familia in a long article, distinguishing between impact in rural and urban areas. These two articles give some context for understanding the emerging middle class, an important Global Macro theme to watch. On race and law: BRAZIL’S SupremeContinue reading “Race & Law; Bolsa Familia”

BNDES needs greater transparency?

The Economist has a piece on BNDES, advocating greater transparency, and noting the influence of the organization. EIKE BATISTA, Brazil’s richest man, calls BNDES, the country’s state-owned development bank, “the best bank in the world”. But a former BNDES chairman, Luiz Carlos Mendonça de Barros, says it is a serpent’s egg—a reference to a filmContinue reading “BNDES needs greater transparency?”

A country of “Nouveaux Riches” .. yet Brazil is 3rd income inequality

Luxury items? Doing fine thank you. A recent survey by consulting firm PonteEstratégia revealed that middle class Brazilians(earning R$1,500-R$5,000 per month) spend 30% to 60% of their income on luxury items. On the same note, GFK institute and MCF consultancy announced that the luxury market in Brazil will grow more than the economy as a whole; 23%Continue reading “A country of “Nouveaux Riches” .. yet Brazil is 3rd income inequality”