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?”
Category Archives: Business
Brazil in The Economist: BRICs v Facebook; Real 31% overvalued per Big Mac Index; Samba Hackers
The Economist writes about Facebook going over 500 million users, comparing the social network to states like Brazil, India, China and the United States. Viewed this way, Brazil is still bigger than Twitter, but smaller than Facebook or Myspace. But, why would one really view it this way? Still it may provide food for thoughtContinue reading “Brazil in The Economist: BRICs v Facebook; Real 31% overvalued per Big Mac Index; Samba Hackers”
How is Brazil, the brand, doing?
How is Brazil, the brand, doing? The economy is doing well, international magazines such as The Economist, The Wall Street Journal have dedicated a lot of space to Brazil. But is the brand Brazil a positive one? Does it attract business and tourists? Martin Sorrell, one of the most important man in world advertising, gave anContinue reading “How is Brazil, the brand, doing?”
Stock exchanges of São Paulo and Hong Kong will work together in 2012
Brazilian and Hong Kong companies may be able to list shares on each others’ local exchanges from January 2012, Brazilian newspaper Journal Valor reported on July 12th. Brazilian and Asian bourses are working together to create “two centers of liquidity simultaneously,” said the BM & F Bovespa CEO Mr. Edemir Pinto. A little strange that I could not findContinue reading “Stock exchanges of São Paulo and Hong Kong will work together in 2012”
U.S. Venture Capital Industry Expected To Shrink While Emerging Markets Grow
This is directly relevant to the article that Hildete Vodopives posted earlier on this blog on the topic of technology investment in Brazil. Link to article on influential tech blog, techcrunch Study: U.S. Venture Capital Industry Expected To Shrink While Emerging Markets Grow by Leena Rao on Jul 13, 2010 Deloitte and the National VentureContinue reading “U.S. Venture Capital Industry Expected To Shrink While Emerging Markets Grow”