Since reading this piece, I have wondered whether these generalizations about the Brazilian attitude towards money are true? Brazil’s oil policy Preparing to spend a “millionaire ticket” from offshore Sep 3rd 2009 | SÃO PAULO From The Economist print edition The government has unveiled plans to give the state the lion’s share of the moneyContinue reading “Generalizations about Brazilian attitudes towards money”
Category Archives: Economy
Our takeaway from the latest economic reports on Brazil
Brazilian economy; still a strong momentum. Brazilian economy should expand by at least 6.5% in 2010. This strong momentum partly stems from fiscal stimuli that slosh through the economy and propel demand. The expected growth in corporate earnings in 2010 supports the attractiveness of investments in Brazil. Government spending, not so great. The public sectorContinue reading “Our takeaway from the latest economic reports on Brazil”
Brazil as a mediator or swing vote in security issues
This article asks whether Brazil will increasingly become a mediator or swing vote in important security issues like nuclear non proliferation because of its increasing economic clout, among other reasons. The future of non-proliferation An awkward guest-list Apr 29th 2010 From The Economist print edition The United States cannot count on a warm response, evenContinue reading “Brazil as a mediator or swing vote in security issues”
Current Status of BRICs
This article in The Economist was published at the same time as the 2nd meeting of the BRIC nations in Brasilia. The article raises an interesting question of how cohesive the BRIC nations are beyond the original economic categorization. The BRICs The trillion-dollar club Brazil, Russia, India and China matter individually. But does it makeContinue reading “Current Status of BRICs”
More jobs, better wages. No wonder there is inflation on the doorstep
Good news on the Labor Market Report from IBGE in March. The survey covers the six main metropolitan areas, and includes formal and informal jobs. Demand is higher of course as the economy in Brazil is expected to keep going up in the next months. Unemployment rate is the lowest level since 2002, at 7.1%. AContinue reading “More jobs, better wages. No wonder there is inflation on the doorstep”
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