Writing on Brazil has become an exercise in futility. With the ever-accelerating tempo of political developments, predictions seem anachronistic within a week’s time.
Writing on Brazil has become an exercise in futility. With the ever-accelerating tempo of political developments, predictions seem anachronistic within a week’s time.
Brazilian President Dilma Rousseff’s approval rating has hit a new low, and with it, a growing sense of instability.
The concept of the fair market and protection for consumers is based on the idea that inefficient and corrupt practices by large private companies and wayward government officials increases the cost to the consumers and the public.
The calls for the impeachment of Brazilian President Dilma Rousseff may not be fading away anytime soon, after allegations by a convicted currency dealer recently surfaced as part of a congressional commission.
Will Brazilian President Dilma Rousseff face impeachment and be forced to step down? According to recent polls, if a majority of Brazilians have their way she could be forced from office.
On Wednesday, Brazilian President Dilma Rousseff tried to salvage the damage caused by the Petrobras scandal by issuing a wave of anti-corruption measures.
While Brazilian authorities may feel like they dodged a bullet in quelling protester unrest during the recent World Cup, those tensions are merely stewing, waiting for the right moment to emerge.
“We’re in the midst of an international currency war,” declared Brazil’s Finance Minister, Guido Mantega, this past Monday. Minister Mantega was referring to Brazil’s ongoing struggle to maintain a competitive exchange rate for its exports as other developing nations aim for the same. Although most analysts have recognized the “currency war” for some time, Minister Mantega’s […]
While many advanced economies, ours included, struggles to revive its flagging economy, one country is proving the exception to the global recession, and no, it’s not China: it’s Brazil. TThhe South American country appears unstoppable in boosting domestic, as well as foreign investments in fueling the nation’s stellar economic growth and emergence as a major global player.
Petrobras announced today the discovery of gas reserves in the Camarupin fields in the Santos Basin as well as the signing of a landmark $160 million-dollar deal with GE Oil & Gas to develop power turbines for offshore platforms. These announcements come on the heels of Tuesday’s press release by Brazil’s National Petroleum Agency (Agência Nacional […]