Brazil’s New President – Coming Down to Earth For a variety of reasons outlined by The Economist, liquidity looks set to continue to flow towards Brazil. “She has said she wants real interest rates, currently higher than those in any other big economy, to fall from 5% to 2% by 2014. But inflation crept upContinue reading “Brazil’s New President – Coming Down to Earth”
Category Archives: Politics
Thank You, Lula
I can disagree with many decisions taken by Lula’s administration. However, I stood up, strong clapped, and even shouted sounds of support, when I saw Lula stepping down from the power democratically. Even though by the end of his second term Lula had approval rates of about 75% (does anyone know how true these widelyContinue reading “Thank You, Lula”
The debate around Belo Monte dam in the Amazon
“In order for the Brazilian economy to grow around 5 per cent per year in the next few years, Brazil needs to add 5,000 megawatts per year to its installed capacity” said Mauricio Tolmasquim, of the Brazilian government’s Energy Research Company in an article last week in the Financial Times. What is the solution? $11bn BeloContinue reading “The debate around Belo Monte dam in the Amazon”
Lula in Guinea Conakry to support Vale
Lula was in Conakry, capital of Guinea last Tuesday (22/02/2011). The charismatic and prestigious ex- Brazilian president came for a ceremony about the beginning of the works of Vale in Guinea. Vale, the largest Brazilian company and the largest exporter of iron ore in the world, is launching a project of 5 Billion Dollars inContinue reading “Lula in Guinea Conakry to support Vale”
BRIEFING: Brazil’s presidential election Lula’s legacy
In reviewing Lula’s tenure as President, The Economist gives a nice summary of the advancement and status of Brazil over the past several years. “Instead, Brazilians are revelling in a golden moment. A country that used to fall over whenever the world economy wobbled was one of the last to go into recession in 2008Continue reading “BRIEFING: Brazil’s presidential election Lula’s legacy”
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