Brazil’s third-quarter GDP disappointed analysts with 0.6% versus a market consensus of 1.2%. revisions in GDP growth forecasts for both this year and 2013. Main surprises Private consumption was up 0.9% but investment decreased (-2.0%) and government spending (+0.1%) came as the main surprises, according to ITAU BBA research. What did well? Agriculture sector with 2.5% while the industryContinue reading “Brazil’s GDP disappoints but tax burden is record”
Category Archives: Politics
Rio+20 flashes
The Rio Earth Summit of 1992 was a landmark in Latin America in terms of institutional changes towards sustainability goals. For now, we don’t know much on what impact will have Rio+20 in the debate. But we can try to interpret the headlines. Here is my take. World leaders – not present Absences of Obama (US),Continue reading “Rio+20 flashes”
Bringing together Latin America and Central Europe: takes from day one
The idea of bringing together companies from two very different regions is either right and tricky. Right because the Latin American market is large and needy and the Central and Eastern Europe companies have a lot to offer, mainly in the technology related sectors. Tricky for the magnitude of the task. This is day one. Let’s seeContinue reading “Bringing together Latin America and Central Europe: takes from day one”
The Economist in Brazilian-American relations
Brazilian-American relations One step at a time Two American giants are slowly getting to know each other Apr 14th 2012 | SÃO PAULO | from the print edition Next time over a caipirinha TOASTING their president with a caipirinha, their national cocktail, should soon be a bit cheaper for Brazilians in the United States. During DilmaContinue reading “The Economist in Brazilian-American relations”
In Geneve, worries about Brazilian protectionism
Entrepreneurs gathered in World Trade Organization (WTO) headquarters in Geneve showed concern about the direction of Brazilian trade policy. # 1 “protected” economy among G-20 According to the International Chamber of Commerce (ICC), most G-20 countries – which gathers both the largest developed and emerging economies – have adopted more protective measures. But an ICC index pointsContinue reading “In Geneve, worries about Brazilian protectionism”