Daily Archives:

Brazil’s Credit Rating Downgraded Again

As if Brazil’s economy wasn’t already deep in the weeds, S&P just cut the country’s junk credit rating further a notch, from BB+ to BB. S&P said in a statement:”The political and economic challenges Brazil faces remain considerable, and we now expect a more prolonged adjustment process — a slower correction in fiscal policy as well […]

Shell Goes for the Long-Haul

This past Monday, Royal Dutch Shell PLC  (Shell) completed aUSD 50 billion acquisition of BG Group PLC (British Gas) that will give the Anglo-Dutch company a leg up in the Brazilian offshore oil game. Speaking from Brazil, Shell CEO Ben Van Beurden said the new company will be more resilient “more resilient” to fluctuating oil prices and […]

Emerging Markets Insights

a blog by Frontier Strategy Group

longandvariable

A blog on macroeconomics and public policy by Tony Yates.