2012 - the year of the "Global Currency War"?
Guido Mantega, Brazil’s powerful finance minister, said this week that global economic growth will slow in 2012, leading to an intensification of the destructive “currency war”. Does this mean that we...
View ArticleBrazil economy - bad news
Guido Mantega – Taking heat. In the last 3-4 days, international opinion on the Brazilian economy has turned. It all started last week, when Guido Mantega, Brazil’s Finance Minister, predicted the...
View ArticleThe Fed and Brazil - a real problem
What’s going on with the Brazilian currency? Like many ’emerging market’ countries around the world, Brazil has recently been unpleasantly reminded just how linked its fortune is to the decisions of...
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