Tag Archives: Mantega

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”

The global economy How to stop a currency war

Mr. Mantega of Brazil in late September referred to “currency wars.” “IN RECENT weeks the world economy has been on a war footing, at least rhetorically. Ever since Brazil’s finance minister, Guido Mantega, declared on September 27th that an “international currency war” had broken out, the global economic debate has been recast in battlefield terms,Continue reading “The global economy How to stop a currency war”