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”
Tag Archives: Brazil
Science in Brazil: Are the Brazilians in Paris the real South Americans?
Hemingway wrote in The Sun Also Rises: “You can see all the South Americans you want in Paris… They’re not the real South Americans.” The Economist enters the classic dialogue in a piece on science education in Brazil: “POPULAR with foreigners looking for sun, sea and samba, Brazil wants to turn itself into a hotContinue reading “Science in Brazil: Are the Brazilians in Paris the real South Americans?”
The global economy How to stop a currency war
Mr. Mantega of Brazil in late September referred to “currency wars.” “IN RECENT weeks the world economy has been on a war footing, at least rhetorically. Ever since Brazil’s finance minister, Guido Mantega, declared on September 27th that an “international currency war” had broken out, the global economic debate has been recast in battlefield terms,Continue reading “The global economy How to stop a currency war”
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”
Continued Multi Speed Recovery in 2011
The World in 2011 by The Economist projects a continued multispeed recovery with emerging markets growing output faster than the Rich World. “Nowadays, it is usually sunnier in the emerging world, and so it will again prove in 2011. Yet there, too, much of the growth in 2010 came from the pocket-books of national governments.Continue reading “Continued Multi Speed Recovery in 2011”