Tag "Joaquim Levy"
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
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
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
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