Brazil has been on the top of the list of emerging markets for the last years. Is this going to change from now on? In 2013, we certainly had negative signs: weak growth, inflation, and political interventions in state enterprises. Concerns with the advancement of public spending and doubts about the fiscal discipline of theContinue reading “Brazil in 2013”
Tag Archives: Eike Batista
“Brazil, the rising star” on CBS 60 minutes show
The American tv network CBS produced last December a special report about Brazil for the 60 minutes show. It is a fair Brazil 101 with interviews of Eike Batista, CEO of the holding EBX International and #1 fortune in the country and Lula, former president who was then in office. Batista says that Brazil is an importantContinue reading ““Brazil, the rising star” on CBS 60 minutes show”
Eike Batista announces OGX listing in London as part of the internationalization plan of his companies
After the launch of its New York office as part of a plan of internationalization, EBX announces the listing in London of OGX, the oil company of the group. Eike Batista, chairman of the group said to Jornal Valor that OGX is only the beginning of the process. “Let’s start with OGX, but let’s do this withContinue reading “Eike Batista announces OGX listing in London as part of the internationalization plan of his companies”
Please welcome: EBX International, the latest Brazilian multinational
The Rio based EBX Group is planning to strengthen its presence outside Brazil and announced the openning of an office in New York to host EBX International. According to Eike Batista, chairman of the group: “with the creation of EBX and the International office opening in New York, let’s get even closer to global investors. We areContinue reading “Please welcome: EBX International, the latest Brazilian multinational”
BNDES needs greater transparency?
The Economist has a piece on BNDES, advocating greater transparency, and noting the influence of the organization. EIKE BATISTA, Brazil’s richest man, calls BNDES, the country’s state-owned development bank, “the best bank in the world”. But a former BNDES chairman, Luiz Carlos Mendonça de Barros, says it is a serpent’s egg—a reference to a filmContinue reading “BNDES needs greater transparency?”
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