Brazil in 2013

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”

Rio’s ongoing billionaire projects

The city of Rio de Janeiro is a big construction site. From infrastructure to embellishment of the port, an ensemble of projects pose investment opportunities for Brazilian and international investors.   Porto Maravilha The revitalization of the port area, Porto Maravilha (waterfront area), is the largest public-private partnership in Brazil, will receive $ 4.5 billion. Public transportation, the keyContinue reading “Rio’s ongoing billionaire projects”

Germans pitching for the World Cup and the Olympic Games

Brasilia – The German President, Christian Wulff, said on Thursday that his country is interested in working in project for the World Cup in 2014 and for the Olympic Games of Rio 2016. Wulff also remarked that currently more than 1200 German companies operate in Brazil, which proves the strong bilateral ties between the twoContinue reading “Germans pitching for the World Cup and the Olympic Games”

Iberdrola Agrees To Buy Brazil Elektro For $2.4B

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”

Brazil’s Infrastructure Challenges

Reading about the problems related to infrastructure in Brazilian magazine VEJA, made me think about the time I worked as an agricultural commodities trader for Noble Group. I visited farms in Mato Grosso, a big state located in the center west of Brazil and  responsible for about 30%  of the country’s total production of soybeans. IContinue reading “Brazil’s Infrastructure Challenges”