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Category: Brazil

The Latin America Interview with Indian Ambassador R. Viswanathan

A broad ranging discussion I had with the Ambassador at his office in Buenos Aires last week.

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Brazil’s Rousseff signs energy accords in Argentina

Brazil and Argentina will cooperate on the construction of two new hydroelectric dams and two nuclear reactors as part of expanded energy cooperation between the two countries. From Reuters: “We will continue to work to strengthen Mercosur and consolidate the customs union … and we will keep on fighting protectionism by rich countries and policies […]

The Brazilian Economy is Humming Along

Despite the slow pace of the economic recovery in North America and Europe, Brazil has seen remarkable growth in the last few years. In 2010, Brazil created a record 2.52 million new jobs, well above the previous record of 1.61 million new jobs that was set in 2007. From MercoPress: Figures in Brazil show that 2.52 […]

Brazil elects its first female president

Congratulations to Dilma Rousseff, the first female president of Brazil! Ms. Rousseff is widely expected to continue the economic policies of her predecessor, Lula da Silva. From MercoPress: President Lula da Silva’s handpicked candidate Dilma Rousseff won Brazil’s Sunday run-off becoming the first woman president to lead Latinamerica’s largest economy. Ms Rousseff promised to stick to […]

Brazilian and Indian economies on the rise

In 2011 Brazil is expected to surpass Italy to become the seventh largest economy in the world, and India is expected to move ahead of Spain. From MercoPress: The research unit of The Economist is predicting that Brazil, the eighth largest economy of the world in 2009, with a nominal GDP of 1.5 trillion, followed […]

Brazil’s Vale expects to remain on top

Vale Rio Doce, which is world’s biggest iron-ore miner, is optimistic about its chances of remaining on top, and has several large new projects in the pipeline, including a $12.6 billion nickel mine in the Brazilian state of Pará. From MercoPress: Vale, which aims to become the biggest mining company in the world, doesn’t need […]

Why Are India and Brazil Rebounding Faster Than the U.S.?

“If America had a central bank chief like Y. V. Reddy, the U.S. economy would not have been such a mess,” Joseph E. Stiglitz, the economist and Nobel laureate, has said. In India, there were no subprime loans. Part of the reason is cultural. Indians are simply not as comfortable with credit as Americans. “A […]

Lula’s Brazilian revolution

In advance of Brazil’s Presidential elections tomorrow. There is no doubt that after 2 terms of President Lula, who built on the reforms of President Cardoso, Brazil is irrevocably a serious country on the international stage. He will be justifiably regarded by most of his fellow citizens as Brazil’s greatest president since that country’s independence […]

Interview with Fernando Henrique Cardoso, ex-President of Brazil

FT.com / Columnists / Lunch with the FT – Lunch with the FT: Fernando Henrique Cardoso, the former Marxist intellectual colloquially known as FHC, who went on to slay hyperinflation and then twice became president of Brazil, from 1995 to 2002. Few people can claim to have been a philosopher king, let alone to have […]

Brazil and India rated as preferred places to invest

According to a recent Bloomberg poll, Brazil is tied with China as the most preferred place to invest, and India follows close behind in third place. From Bloomberg: The U.S. has fallen behind emerging markets in Brazil, China and India as the preferred place to invest, a Bloomberg survey shows, though the world’s largest economy […]