Politics, Business & Culture in the Americas
credit

Four Reasons for Brazil’s Credit Dysfunction – and How to Fix It

Brazil’s Central Bank raised eyebrows in December when it lowered its target interest rate to 7 percent. That’s high by global standards, and about average for other major emerging markets, but it was a milestone for Latin America’s biggest economy: 7 percent is the lowest key interest rate in Brazil’s history. That Brazil’s all-time lowest … Read more Four Reasons for Brazil’s Credit Dysfunction – and How to Fix It

temer

Brazil’s Foreign Policy Isn’t Dead. It’s Just Hibernating.

The government of Michel Temer has dealt Brazilian foreign policy a body blow. Not only has the president traveled abroad less than any of his predecessors since Itamar Franco in the 1990s, but, more importantly, Brazil nowadays contributes remarkably little to dealing with urgent regional challenges. These include the crisis in Venezuela, transnational crime, China’s … Read more Brazil’s Foreign Policy Isn’t Dead. It’s Just Hibernating.

temertemer

Brazilian Diplomacy: From First in Class to Disappearing Act

Brazilian foreign policy has always been an unpredictable affair. In the 1930s, dictator Getúlio Vargas had sympathies with Nazi fascism, even modeling labor laws after Benito Mussolini’s and fostering a militant wing vaguely resembling Adolf Hitler’s. But he ended up siding with the Allies during World War II. In the 1970s, during another authoritarian period, … Read more Brazilian Diplomacy: From First in Class to Disappearing Act

bolsonaro

Brazil Is Tired. Guess Who Benefits?

Everywhere you go in Brazil, it’s the same thing. Circles under the eyes, hushed voices. A shrug. “Fazer o que?” In the bakeries of Eastern São Paulo. In courtrooms. In President Michel Temer’s government. Outside shuttered storefronts. At City Hall. In the 50-person line for jobs at a yogurt shop. In corporate suites. The anger … Read more Brazil Is Tired. Guess Who Benefits?