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 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”

Lula’s Legacy

Brazil’s charismatic (now ex) president Lula has been perceived as a great leader worldwide. Obama called him “the man” and Fidel Castro ” dear comrade”; in Brazil, after 8 years in power, his popularity rate was above 80%, demolishing the theory that being too long in power diminishes public approbation. Nonetheless, time will tell usContinue reading “Lula’s Legacy”

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