I don’t see a currency swap deal between two emerging global power as a good sign. A $30 billion currency swap deal between Brazil and China is expected to smooth trade between the two countries despite changing global financial conditions and future crises. It seems that there is a prediction that the global economy will… Continue Reading
Monthly Archives: March 2013
Brazil Reaching Out to Immigrants
Brazil is a lot like the U.S. Both are geographically large and spread out countries. Both have diverse populations from all over the world. Both believe very strongly in their own cultural values. However, one appears to understand its need for immigration reform in order to continue their economic vibrancy. Guess which one? Authorities say… Continue Reading
Brazil Losing to Mexico, Not Only in Olympic Soccer
Brazil is paying a high price on its commodities betting. Brazilian stocks fell to their lowest close in eight months on Friday, weighed down by mining and oil firms that make up Brazilian billionaire Eike Batista’s shrinking empire. Commodities are a great tool for growth but it should not be the only basket a country… Continue Reading
Brazilian Prosecutors Accuse Barca FC President Of Fraud
Lionel Messi has a tendency to draw a crowd no matter where here plays, even in Brazil. Well the Brazilian authorities are investigating whether or not Barcelona FC President Sandro Rosell illegally benefiting from an exhibition organized by his marketing company in 2008. Apparently, “Show Me The Money”, has no international borders. Read The Associated… Continue Reading
Blueprint for Rousseff and Brazil’s Future
The honeymoon for Dilma Rousseff appears to have worn off, as many observers now look a little more closely at her leftist-leaning politics. If she is to live up to her promise as the leader of the most important country in South America, she’ll need to have a plan, and to implement the plan. In… Continue Reading
Brazil Betting on an Economic Comeback in 2013 and 2014
It’s no news that Brazil grew less than expected in 2012. Nonetheless, Brazil had a good year considering the world economical recession and high unemployment. In the globalized economy we live in, the issue should not be how little Brazil grew but how much it grew in comparison to the world’s economic malaise that apparently… Continue Reading