Two months after opening its sixth boutique in Brazil, now in the Iguatemi Shopping of Brasilia, the French luxury brand Louis Vuitton plans to expand its store network in the country. LV’s Yves Carcelle told Jornal Valor that they are looking at other cities as well as Sao Paulo and Rio, where they already haveContinue reading “Louis Vuitton expands in Brazil”
Category Archives: Business
Worry about Emerging Markets?
As an American and a Westerner, I was interested by this book review by a high ranking economist at HSBC (a bank with heavy emerging market exposure), who argues that the rise of emerging markets are a risk to the West; this is the opposite of Fareed Zakaria’s take in his previous book, The PostContinue reading “Worry about Emerging Markets?”
Brazil on the world stage
Below is a pro/ con debate about the role of president Lula in the Iran affair. source: http://www.americasquarterly.org/node/1484 …about Brazil’s president going to Iran (following Iran’s president traveling to Brazil in November). My opinion is that this increased diplomatic role is a natural result of the increasing economic position of Brazil. I think that thisContinue reading “Brazil on the world stage”
Emerging Markets Banks #3. Closer look on China and India
Banks are mirrors of the economy. The typical Westerner bank is a borrower and the typical Asian a saver. Is it that simple? Should EM Banks take the globe or focus at home? This ‘The Economist” article brings an analysis comparing banks from China and India to western peers. Rambo in cuffs May 13th 2010Continue reading “Emerging Markets Banks #3. Closer look on China and India”
Emerging Markets Banks #2. Riding the rise of a credit culture?
Emerging markets banks have doubled since 2005. They are relevant in the industry profit and revenue wise. The rise of a credit culture might explain this trend. Nevertheless, these banks are still not quite known by the rich-world investors. Is this an opportunity for further growth? The bigger and bigger picture May 13th 2010 FromContinue reading “Emerging Markets Banks #2. Riding the rise of a credit culture?”