...besides political scandals, corruption and upcoming elections, you are on your way!
Inflation fell the past weeks besides rising prices for alcohol.
Now that the Central Bank of Brazil hopefully does not need to fear inflation anymore, everybody expects the discont rate and interest rates to fall.
The Bovespa index states record numbers, unfortunately due to the increasing investments of foreign investors taking advantage of the political crisis and falling stock quotes.
The USD is low like never before, the country risk rate for Brazil is stable at 238 points.. let us keep our fingers crossed that we reach investment grade in 2-3 years.
Just keep on going Brazil!
ORANJESTAD, Aruba - Felix rapidly strengthened into a dangerous Category 5 hurricane and churned through the Caribbean Sea on a path toward Central America, where forecasters said it could make landfall as “potentially catastrophic” storm.
Felix was packing winds of up to 165 mph as it headed west, according to the U.S. National Hurricane Center. It was projected to skirt Honduras’ coastline on Tuesday before slamming into Belize on Wednesday.
“As it stands, we’re still thinking that it will be a potentially catastrophic system in the early portions of this week, Tuesday evening, possibly affecting Honduras and then toward the coast of Belize,” said Dave Roberts, a hurricane specialist at the center in Miami.
Posted by: Infarisoins | September 05, 2007 at 10:15 PM
Posted by: Lvinseges | November 18, 2007 at 04:07 AM