Lula – BRAZILGLOBAL.NET

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”

Sartre, in Brazil. Gilberto Gil, in Paris

“Come to Brazil, if you want to understand the problems that affect developing countries,” writer Jorge Amado said to Sartre, in one of his trips to Paris. And so he did. On September 2, 1960, Jean Paul Sartre and Simone de Beauvoir landed at Congonhas airport, in Sao Paulo. The couple visited Recife, Bahia, RioContinue reading “Sartre, in Brazil. Gilberto Gil, in Paris”

Should one worry about Brazilian democracy?

One of the pillars of Brazilian good economic phase is a political stability built over more then 30 years. A turnaround case from the dark 70ths when democracy was “constrained” by the military regime. Now, signs of concern arise as recurring news about corruption raises the yellow flag. The issue got the attention of CNN.Continue reading “Should one worry about Brazilian democracy?”

The “Petrobras hidden tax ”

“I believe in a certain period of the history of Brazil there will be direct elections for Petrobras’ president, and this person will nominate the president of the republic.” This speech was how Lula expressed his hopes about Petrobras right after the discovery of the pre-salt oil in the Brazilian coast. The optimism of the former president of theContinue reading “The “Petrobras hidden tax ””

Brazil’s New President – Coming Down to Earth

Brazil’s New President – Coming Down to Earth For a variety of reasons outlined by The Economist, liquidity looks set to continue to flow towards Brazil. “She has said she wants real interest rates, currently higher than those in any other big economy, to fall from 5% to 2% by 2014. But inflation crept upContinue reading “Brazil’s New President – Coming Down to Earth”