Brazilian Economy

Brazil is up for sale, and bargain-hunters from Sam Zell to Stephen Schwarzman are looking for deals.

A proposed government austerity package may keep Brazil from a credit rating downgrade, but could cost President Dilma Rousseff some of her biggest supporters: the country’s labor unions.

Brazil’s economy is expected to contract by 0.83 percent this year and inflation to climb to 8.12 percent, according to the Brazilian Central Bank’s weekly survey of financial experts, which was released yesterday.

The success of Brooklyn Brewery highlights the growth of Brazil’s craft beer market and the opportunity for niche multinational companies,  even at a time of economic hardship.

Michael Reid: Hardcover, 352 pages

For observers of Brazil and other emerging economies, today’s social unrest may be the necessary step backward before the market can take two steps forward.



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