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Brazil’s Economy – On Borrowed Time

Brazil’s Economy – On Borrowed Time

  At a Foreign Policy Association event in April 2010, former Brazil Central Bank President Arminio Fraga gave a rather intoxicating assessment of global central bank stimulus efforts to stem economic crisis. Fraga asked each audience member to imagine a night when he or she may have gotten ridiculously drunk. A rather tiring, hungover morning […]

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Mexico’s Economy Excelled in 2011, Brazil’s Sputtered–Surprised?

Mexico’s Economy Excelled in 2011, Brazil’s Sputtered–Surprised?

  Latin America’s two largest economies started 2011 on different notes. Mexico’s growth was set to ring up about 4 percent, with drug violence clipping about a point off growth, according to BBVA Bancomer, and reliance on a weakening U.S. economy wielding another discount. In April, auto production, a key industry in Mexico, experienced a […]

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