No country in Latin America looks better to invest than Brazil, now enjoying its best period of economic growth of all times. The most recent weekly analyst survey of the country´s Central Bank forecasts that the Brazilian economy is on track to grow more than 5% in 2010. Brazil was one of the first countries to [...]
Posts Tagged ‘economic crisis’
Lula and Maria
“A big vote of confidence on Brazil came less than 48 hours before our exclusive interview with Brazilian President Luiz Inacio Lula da Silva”, the television network CNBC wrote in an article posted this Monday (28) on its website.
The vote of confidence is the upgrade of Brazil’s credit rating to an investment grade rating of [...]
Banks in Brazil: prepare for a wave of consolidation
Still about the banking situation in Brazil, news come out everyday about new joint-ventures including heavy weights on the public sector – ie. Nossa Caixa and Banco do Brasil. The Financial Times gave a note about the consolidation process running at full throttle in the country.
Brazil’s banks are preparing for a wave of consolidation following [...]
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