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Category Archives: Economy
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 … Continue reading
Brazil made a formal application to join OECD. Getting into the club, at last and no longer an outsider. What changed? Raising the bar This week Minister of Finance Henrique Meirelles was in Paris for the OECD Forum. He participated … Continue reading
Just came across this piece saying that Marriott will keep its plans to invest in Brazil despite the economic situation and political uncertainties. Worth debating.. Why Marriott Still Plans Expansion in Brazil, Regardless of Economic Woes A Marriott VP of … Continue reading
Economic historians from around the world met in Kyoto from 3 to 7 of August. As a major event, it is a good thermometer on what is driving the attention of the academic community. How did Brazil do? Taking an objective … Continue reading
Joaquim Levy, Brazil’s new Minister of Finance was not long ago working for Aecio Neves, Dilma Rousseff’s rival in the presidential elections. Neves commented Levy’s nomination by saying that “it is the same as nominating a CIA agent to run the … Continue reading
Amidst a history full of oligarchies and military coups, Brazilian democracy emerges and give signs of maturity. An exciting presidential race challenges the supremacy of popular party PT, in office after 12 years. But what could be an easy reelection … Continue reading
For the sixth time in a row, the International Monetary Fund cuts down its forecast for 2014 economic growth in Brazil. In July IMF projected an expansion of 1.3%, now it expects only 0.3%. This figure, if confirmed, will be the second … Continue reading