One starts to wonder if it Brazilian economy is overheated. The Economist for one, came with an article – Too Hot (2/6/11) Latin America’s biggest economy is more fragile than it appears. The Economist point is mainly this: the Brazilian government has a big head and risks not doing a good job implementing reforms that are needed. On that,Continue reading “Time to cool down? Is Brazilian economy overheated?”
Banco Bradesco BBI SA, Brazil’s third-largest debt underwriter, plans to increase staff by 20 percent next year as growth in Latin America’s largest economy fuels deals in capital markets and acquisitions. via Bradesco BBI to Boost Staff as Equity, Debt, M&A Rise – Bloomberg.
Brazilian and Hong Kong companies may be able to list shares on each others’ local exchanges from January 2012, Brazilian newspaper Journal Valor reported on July 12th. Brazilian and Asian bourses are working together to create “two centers of liquidity simultaneously,” said the BM & F Bovespa CEO Mr. Edemir Pinto. A little strange that I could not findContinue reading “Stock exchanges of São Paulo and Hong Kong will work together in 2012”
Two indicators of growth made the news this week; household consumption’s expansion of almost 10% in the last three quarters; and the industrial electricity consumption in February was up nearly 11% year over year. This means it is now on the level it was before the financial crisis. Two distinct moments of the economic cycle,Continue reading “A week of good news in the tropics”