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Keywords: Minas Gerais, Brazil Economy,
Grouped Articles
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 Brazilâs Largest Cities
New York Times 06/17/2013
Brazil, Fortune and Fate Turn on Billionaire
New York Times 06/23/2013
Brazil's New Middle Class Takes to the Streets
Wall Street Journal 06/25/2013
Brazil’s disappointing economy: Stuck in the mud
Economist 06/27/2013
Grouped Articles
Brazil’s coming recession: The crash of a titan
Economist 04/05/2015
Learning the lessons of stagnation
Economist 06/30/2015
How Brazil’s China-Driven Commodities Boom Went Bust
Wall Street Journal 08/28/2015
Brazil’s Economic Crisis Beats the Emerging Middle Class Back Down
Wall Street Journal 11/10/2015
Gloom on Brazil Finances Deepens
Wall Street Journal 12/17/2015
Brazil’s Finance Minister Replaced
New York Times 12/18/2015
Grouped Articles
Brazil’s President Rousseff, Facing Impeachment Effort, Is Deluged by More Bad News
New York Times 03/03/2016
Vote to Impeach Rousseff Prompted Cheers, But Won’t End Turmoil in Brazil
New York Times 04/18/2016
Populist Policies Let Brazil’s Tomorrow Slip Away
New York Times 05/03/2016
A Geographic Shift in Brazil Mining Leaves a Storied Region Hurting
WSJ 12/19/2016
Commodities exports make up about one fifth of output in Peru and Chile. Slowdown in growth in China will affect exports of copper and other metals. Brazil's growth faces additional hurdles with low investment rates, poor infrastructure and other problems. This in turn affects companies ranging from beer producers to other companies depending on sales in the region.
Grouped Articles
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 Brazilâs Largest Cities
New York Times 06/17/2013
Anger Spills Onto Brazil's Streets
Wall Street Journal 06/18/2013
Brazil, Fortune and Fate Turn on Billionaire
New York Times 06/23/2013
Brazil’s disappointing economy: Stuck in the mud
Economist 06/27/2013
Brazil raises interest rates to over 13%, as it faces critical needs of private companies financing dollar based debt. This is likely to lead to further economic contraction and higher inflation. Inflation is at over 8% in 2015. Russia lowered the high interest rates ratcheted up to 17% to tackle a ruble collapse in 2015. Interest rates were lowered to but this move also aggravates inflation which is now at close to 17%.
Grouped Articles
Russia, Brazil Mistakes Show How Inflation Can Still Arise
Wall Street Journal 05/03/2015
Changing Course, Russia Will Sell Rubles Instead of Buying
New York Times 05/14/2015
Learning the lessons of stagnation
Economist 06/30/2015
How Brazil’s China-Driven Commodities Boom Went Bust
Wall Street Journal 08/28/2015
Brazil’s Finance Minister Replaced
New York Times 12/18/2015
Putin’s self-destructing economy - The Washington Post
Washington Post 01/18/2016
Grouped Articles
U.S. Stocks Shrug at China's Woes
Wall Street Journal 07/10/2013
Abe Win Is Good for the Neighbors
Wall Street Journal 07/22/2013
Brazil's Currency Slides to New Low
Wall Street Journal 08/19/2013
Mom-and-Pop Investors Bolt Emerging Markets
Wall Street Journal 08/22/2013
Indonesia Faces Price Rise as Currency Weakens
Wall Street Journal 09/04/2013
How Emerging Markets Can Get Their Mojo Back
Wall Street Journal 09/12/2013
Dollar debts for Brazil went up from $100 billion in 2010 to $250 billion in 2015, according to BIS data. Even more in local currency terms which went up from 210 billion reais to 650 billion reais. BNDES and Caixa Economic Federal, 2 state owned banks made up 35% of bank loans in Brazil in 2009, by 2015 this went up to 55%, making Brazil's banking system a fiscal operation overly dependent on the state. With rates as high as 16%, the state banks provide subsidized loans to firms at 5.5%. Monetary policy is difficult for the central bank as increasing rates to shore up the declining real would hurt the economy, which is expected to contract by 1.5% by official estimates, but higher according to other private estimates. The declining real, drought affecting hydroelectric generated power prices, and lower export revenues, in addition to high debt interest payments exceeding 6% of GDP, are leading to low or no economic growth for 2015-2016. This comes at a time of corruption issues and ratings one notch above junk for state oil company Petrobras, which itself needs government support.
Grouped Articles
Brazil’s coming recession: The crash of a titan
Economist 04/05/2015
Fed Must Consider the World and All U.S. Employment
Wall Street Journal 04/09/2015
Russia, Brazil Mistakes Show How Inflation Can Still Arise
Wall Street Journal 05/03/2015
Learning the lessons of stagnation
Economist 06/30/2015
How Brazil’s China-Driven Commodities Boom Went Bust
Wall Street Journal 08/28/2015
Brazil Sinks into Technical Recession on Second Quarter Output Contraction
Wall Street Journal 08/28/2015
Grouped Articles
A Geographic Shift in Brazil Mining Leaves a Storied Region Hurting
WSJ 12/19/2016
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