Posts Tagged "BRIC"
Brazilian slow down frustrates investors, by Leonardo Gottems
Timizzer.com - The Brazil quarter growth rate of 0.2 percent has frustrated a lot of investors. Some would even say that the honey moon between the big of South America and international investors is now bitter. The creator of the term BRIC, Jim O’Neil, thinks that analysts are always exaggerating perspectives and that’s now the case with Brazil.
“Financial markets go from one extreme to the other when the expectation about a country is not confirmed. The forecasts of Brazil growth were too high, mainly after the 7.5 percent GDP rate of 2010. Adjustments were already necessary then. But now some analysis are exaggerating the problems and risks of Brazil”, told O’Neill to the BBC…
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Read MoreTimizzer Latin America Investment and Market News Weekly 30/05/2012, by Leonardo Gottems
Timizzer.com - Repsol Sinopec Brasil announced new pre-salt oil discoveries at the Campos bay in Brazil. The recoverable volume is of about 1.2 billion barrels of oil and gas. According to Repsol Sinopec, the discovery is among the five biggest in the World. Analysts says that the new will move the focus from the Santos bay to Campos bay, where previouslyPetrobrás found oil. The Campos bay, on the other hand, currently accounts for 84 perent of the Brazilian oil production…
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Read More“Brazil’s economic and political history is marked by interruption” – Interview with Vargas Llosa, by Leonardo Gottems
Timizzer.com - Author of the books Guide to the Perfect Latin American Idiot and The Return of The Idiot, Álvaro Vargas Llosa is a well-know figure in Latin American economics and politics. An individual investor and member of The Washington PostWriters Group, Vargas Llosa is recognized by his critical view of statism and political dirigisme.
At the Liberty Summit (Fórum da Liberdade), which was held in Porto Alegre, in a panel about the future of Brazil and lessons from other countries, Vargas Llosa remarked that the South American country has very good advantages compared to others…
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