Tag "Joaquim Levy"

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Latin America Politics

After Lula da Silva’s detention, what’s next for Brazil?

A corruption scandal in Brazil has reached one of Brazil’s most well-known and popular politicians, when federal police briefly detained former President Luiz Inácio Lula da Silva last week. An investigation

International Politics The Week Ahead

Weekly Risk Outlook

Davos hosts World Economic Forum. Polish and EU leaders meet after EU starts investigation. China releases GDP figures. Brazil ponders raising interest rates. ECB makes first interest rate decision of

Latin America Politics

Amid scandal and recession, Brazil seeks austerity

The Petrobas corruption probe is severely undermining Brazil President Dilma Rousseff’s administration and fueling market distrust. Sinking deeper into recession, Rousseff has released a $17 billion austerity plan aimed at reliving financial

Economics Latin America

Levy coordinates ambitious recovery plan for Brazil

After a year of fiscal slippage, rising inflation, and negative projections showing that Brazil’s GDP will shrink 0.42% this year, President Dilma Rousseff has empowered her new Minister of Finance, Mr.

Latin America Politics

Will Brazil’s president Rousseff meddle less with economic policy?

In a document prepared for a recent conference organized by JP Morgan, Ms. Rousseff clearly exposes her new groove. Economic orthodoxy is in, experimentalism is out – or so it