Opinion, by Nicholas Storey
RIO DE JANEIRO - Brazil gets an undeservedly bad international press in certain respects. This, undoubtedly, deters certain international tourists and it certainly deters some international investors.
Maybe the strength of the deterrent can be judged from the fact that investment returns in the UK are at a rate of around 0.5 percent per annum but people will not seize the opportunity to invest in Brazil (just buy a Brazilian company off the shelf, open a bank account, send the money through the Banco Central do Brazil, and invest it at around one percent per month . . .