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Brazil, Fortune and Fate Turn on Billionaire

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Mr. Eike Batista's EBX Group companies were one of the prime beneficiaries of huge government investments in mining, oil and other commodities. The fading of the commodities boom is resulting in large losses for these companies. Street protests in Brazilian cities shows the weakness of the Brazilian economic model that neglected public services in transportation, health care and education and concentrated on infrastructure and mining projects.

Brazil's Eike Batista and EBX Group

04/01/2013

Grouped Articles

Brazil, Fortune and Fate Turn on Billionaire

New York Times 06/23/2013

Bankruptcy Nears for Batista

Wall Street Journal 10/27/2013

Brazil Tries to Borrow Its Way to Prosperity

Wall Street Journal 02/10/2014

Credibility Hangs on Unfinished Port

Wall Street Journal 04/01/2013

Street protests in Brazilian cities in 2013 over poor condition of transportation, health, education and public services

05/21/2011

Protests in Brazil with 1% economic growth in 2012 and 6% inflation. Protesters complained about the poor condition of transportation, health, education and public services with government spending focussed on the World Cup and Olympics. The protests started with demonstrations against increase in transportation fares and surged as police used tear gas to disperse demonstrators.

Grouped Articles

Thousands Gather for Protests in Brazil’s Largest Cities

New York Times 06/17/2013

Anger Spills Onto Brazil's Streets

Wall Street Journal 06/18/2013

Brazil's north-east: Catching up in a hurry

Economist 05/21/2011

Middle-Class Brazil Finds Its Voice in Protests

Wall Street Journal 06/19/2013

Brazil, Fortune and Fate Turn on Billionaire

New York Times 06/23/2013

Brazil's President Offers Referendum

Wall Street Journal 06/25/2013

Economic policies under president Rousseff and finance minister Mantega in Brazil- 2011-2014

05/21/2011

Brazil's finance minister says Brazil is following a "developmental economics" model which was more appropriate for Brazil. This includes credit expansion for industry through state owned banks, including efforts to revive the auto industry with loans from state owned Banco de Brazil in 2012.

Grouped Articles

Infrastructure Enthusiasm Builds in Brazil

Wall Street Journal 08/15/2011

Latin America Boom Starts to Fade

Wall Street Journal 05/30/2013

No Ticker Tape Parade for Brazil's Currency Heroes

Wall Street Journal 06/06/2013

Thousands Gather for Protests in Brazil’s Largest Cities

New York Times 06/17/2013

Brazil, Fortune and Fate Turn on Billionaire

New York Times 06/23/2013

Brazil's President Offers Referendum

Wall Street Journal 06/25/2013


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