What do we think of Bolsonaro? Will he be positive or negative for Brazilian stocks, like Petrobras and Vale? https://www.economist.com/news/americas/21731190-can-right-wing-demagogue-win-next-years-election-jair-bolsonaro-hopes-be-brazils-donald A radical from Rio Jair Bolsonaro hopes to be Brazil’s Donald Trump Can a right-wing demagogue win next year’s election? IN THE arrivals hall of Belém’s airport the excitement is palpable. Hundreds of supporters ofContinue reading “Is Bolsonaro going to be President?”
Category Archives: Brazil
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 Júlio 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”
Confidence going up in Brazil
Bradesco published this week that confidence about the economy in Brazil is up. Inflation is taking a downward turn which leads to forecasts for low interest rates in the long run. Besides, the Bank analysis says that:” Higher GDP and stronger FX are also expected, confirming the Brazilian economy’s favorable conditions and calmer political newsContinue reading “Confidence going up in Brazil”
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 for pacification. Through my own military training, I know the Brazilians use the same modelContinue reading “Growing Violence in Rio Favelas”
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