Tags » Inflation

Real takes a reality check as Brazil strains to support its currency

Katie Martin – Financial Times, 10/4/2015

Brazil’s currency, the real, is tormenting many fund managers.  Few thought it would see out the year unscathed. The country’s high interest rates were never likely to be enough entirely to shield the currency from trading weakness at a time when the economy was shrinking and the US is on the cusp of raising interest rates. 88 more words


10.04.15: Bolivar-Chavez

A joint survey conducted by the Observatorio Venezolano de Violencia , the Observatorio de la Delincuencia Organizada  and the Laboratorio de Ciencias Socialies  has found that a growing number of Venezuelans… 428 more words

Daily Update

09.30.15: Nutella!

El Universal reported today that while Greater Caracas needs at least 212 ambulances to properly service its residents, it can only count with 76 at the moment… 665 more words

Daily Update

Sharp drop in currency adds to growing list of woes in Brazil

Vinod Sreeharsha – The New York Times, 9/24/2015 

Since it was created in 1994, the Brazilian currency, the real, has been synonymous with the country’s return to financial stability and its subsequent ascent as an economic power. 57 more words


09.24.15: YV-2869

The Moody’s credit ratings agency warned yesterday that since it considers the Venezuelan government unlikely to undertake much needed economic reforms, hyperinflation is probably already underway… 635 more words

Daily Update

Brazil’s economy tanks as multibillion-dollar corruption scandal expands

Dom Phillips – The Washington Post, 9/16/2015

Rodrigo Muchinelli, owner of a computer sales and repair store in Rio, said his business was in the red for the first three months of this year and is still limping. 133 more words