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Tag: inflation

By Anna Fitzpatrick, Contributing Reporter SÃO PAULO, BRAZIL - The volatility of global markets stands to have ramifications the world over, and despite the recent boom in Brazil, many speculate effects will soon be felt close to home. The dollar...

The Almighty Dollar

Opinion, by Michael Royster RIO DE JANEIRO, BRAZIL - Washington Irving coined the above term in 1836, some years after he created the Headless Horseman. The Curmudgeon finds both of them relevant to Brazil’s current reality, as the U.S. dollar...
By Anna Fitzpatrick, Contributing Reporter SÃO PAULO, BRAZIL - The strong position of Brazil and other developing nations during the current economic crisis could see them helping out debt stricken countries in the European Union, according to Finance Minister Guido...
By Brennan Stark, Contributing Reporter RIO DE JANEIRO, BRAZIL - The dollar gained 2.71 percent against a quickly weakening real Monday, leaving it with its largest appreciation since May 6th, 2010, when it rose 2.84 percent. The dollar is...
By Anna Fitzpatrick, Contributing Reporter SÃO PAULO, BRAZIL – Historically, the thorn in the side of Brazil’s economy has always been inflation and last week the rolling twelve month inflation rate was reported as 7.23 percent by the Central Bank....
By Brennan Stark, Contributing Reporter RIO DE JANEIRO, BRAZIL - Brazil's economy is expected to stabilize at its current level before accelerating later in the year, but Finance Minister Guido Mantega announced it will likely end 2011 with a growth...
By Sarah de Sainte Croix, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The Brazilian Central Bank’s Monetary Policy Committee (Copom), have started the new month by reducing Brazil’s basic interest rate, (known as the Selic), for the first time...
By Patricia Maresch, Senior Contributing Reporter BRAZIL, RIO DE JANEIRO - The current positive economic climate in Brazil has motivated the city of Rio and the Association of Professional Investment Analysts of the Capital Markets (APIMEC) to organize a...
By Amy Skalmusky, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - In the late 1980s and early 1990s inflation in Brazil reached out-of-control levels and many people lost their savings, homes and jobs. One of the economic measures introduced...

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