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By Ben Tavener, Senior Contributing Reporter SÃO PAULO, BRAZIL – The 2012 growth forecast for the Brazilian economy has been cut for the third consecutive week by market analysts, falling dramatically from the previous estimate of 1.5 percent to just 1.27...
By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The president of Brazil’s Banco Central (Central Bank, BC) Alexandre Tombini has signaled that Brazil will continue to defend itself from short-term capital flows that threaten to destabilize its...
By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Finance Minister Guido Mantega has chided Western central banks over money-printing and other stimulus measures, and warned that Brazil could impose taxes on speculative foreign capital to avoid its...
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