Fresh news from The Wall Street Journal: A Spanish company, Iberdrola, has agreed to but Brazil’s Elektro for $2.4B. Nonetheless, the deal needs regulatory approval, expected to be completed in three to six months. The optimistic writer of this blog hopes that the government will not stop this deal. I expect that this deal will help toContinue reading “Iberdrola Agrees To Buy Brazil Elektro For $2.4B”
Tag Archives: Brazil
BRICs: Trillon Dollar Club
In an excellent piece with a very useful graphic, The Economist contrasts and compares the BRICs according to several categories, pointing out that the four countries are far from homogenous. “The BRICs have also stepped up competition between one another in third countries. Although the flow of aid and investment from rich countries to poorContinue reading “BRICs: Trillon Dollar Club”
Emerging market’s spending trends – the Credit Suisse consumer survey
Spending trends in emerging markets were the object of a survey recently conducted by the Credit Suisse Research Institute in collaboration with global market research firm AC Nielsen. The survey explores the spending profiles of consumers within Brazil, Russia, India, China, Egypt, Indonesia and Saudi Arabia. Highlights about Brazil Brazilian consumers rank as the most optimistic:Continue reading “Emerging market’s spending trends – the Credit Suisse consumer survey”
Brazil’s presidential election Better late than never?
In covering Mr. Serra’s challenge to Dilma Rousseff, The Economist notes some possible areas of vulnerability – we will see if these become factors when she becomes President and assumes a role on the world stage. “In the two candidates’ debates since October 3rd, an energised Mr Serra has landed some telling blows. A fewContinue reading “Brazil’s presidential election Better late than never?”
Brazil Bank Signals Rate Rise Is Near – The Fed’s Monetary Policy is About to Run Into a BRIC Wall
A post on the sometimes worthwhile, Zero hedge Brazil Bank Signals Rate Rise Is Near Brazil’s central bank caught markets somewhat by surprise Wednesday with an unusually clear commitment to raise interest rates soon, as the outlook for inflation has become “far less favorable” than it had previously thought. Brazil joins other emerging countries, includingContinue reading “Brazil Bank Signals Rate Rise Is Near – The Fed’s Monetary Policy is About to Run Into a BRIC Wall”