Waging Currency Wars

War! Or what passes for it for central bankers like Mr. Mantega, dispatches from the front, from The Economist. “HAVING quickly shaken off the world recession, many countries in Latin America are prospering again. The region’s economies grew by an average of 6% last year, according to a preliminary estimate from the United Nations EconomicContinue reading “Waging Currency Wars”

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”

U.S. already exports more ethanol than Brazil says Journal Estado de São Paulo

  EUA já exportam mais etanol que o Brasil Jamil Chade O Estado de Sao Paulo 02 Nov 2010 O Brasil já tem sua tradicional posição de maior exportador de etanol do mundo seriamente ameaçada. O País foi superado no final do primeiro semestre pelos Estados Unidos em vendas e analistas já apontam que aContinue reading “U.S. already exports more ethanol than Brazil says Journal Estado de São Paulo”