Argentina: Life after default
The emergence of the Greek sovereign debt crisis in recent months serves as a powerful reminder of how far Argentina has come this decade. Argentina defaulted on sovereign debt (bonds issued by the...
View ArticleBrazil’s Currency Wars – A “real” problem
The last thing the global economic recovery needs right now is instability. But this is precisely what central government manipulation of currencies is likely to lead to. According to Brazil’s finance...
View ArticleThe Trouble with Brazil: Credit Bubbles and Currency Wars
Brazil has made significant strides toward economic prosperity over the last two decades. Economic progress has been built on the strong foundations of Luiz Inácio Lula da Silva and his predecessor,...
View ArticleIs Brazil heading towards a subprime crisis?
Earlier this week Brazil’s Finance Minister, Guido Matega, beamed with exuberance as he reported that the economy had become the fifth largest in the world, overtaking both the UK and France. Brazil’s...
View ArticleBrazil’s battle against inflation
Brazil’s central bank is desperately trying to grasp the reins of inflation. The central bank’s chief, Alexandre Tombini, will certainly hope that inflation continues on its current course and falls...
View Article
More Pages to Explore .....