This year, the country didn’t deliver on everything international observers thought the country had promised, but Brazil still remains one of the 21st century’s most remarkable success stories. 2013 could be decisive. For those paying attention to Brazil headlines, 2012 was mostly a bad year. For some, it was enough to re-evaluate the status as(…)
Arquivo - Tag: Commodities
Eike Batista’s fall – what does it mean for Brazil?
Eike Batista, the man who very famously loved being Brazil’s richest, has now famously become a symbol of the problems in Brazil’s economy. Should that be the case? In this profile I did for the Los Angeles Times, sources explain that his catastrophic losses this year were in part related to his, erm, shall we(…)
Brazil investment advice – agriculture
If you have a long-term interest in Brazil, where is a good place to put your money? That is, you are looking past currency risks and short-term volatility and want a good, safe investment? Over lunch recently, a high-ranking executive gave me a strikingly obvious bit of off-the-record advice: “There might be a day when(…)
The death of Brazilian industry – three theories
President Dilma’s meeting with Barack Obama today may have been largely symbolic, perhaps even a wasted opportunity. But she did manage to lodge Brazil’s major complaint with the US at the moment: that Washington has been devaluing the dollar, making Brazilian products too expensive to export. Of course on an economic level, this will get(…)
Everything golden again for Brazil’s richest man
Things are looking a lot better for Eike Batista. Last week the world’s 8th-richest man was still helping defend his son, Thor, against charges he was at fault in a car accident that claimed the life of a cyclist. Neither Thor nor Eike denied that the 20-year old’s Mercedes-Benz SLR McLaren struck 30-year old Wanderson Pereira(…)
Why has Brazil been getting richer?
If you are reading this blog, it is likely you’ve heard that Brazil has been doing quite well. Over the last decade, the country has powered forward, pulling tens of millions out of poverty, and has just now overtaken the United Kingdom to be the world’s sixth-largest economy. Why? Why is Brazil chugging along as(…)
