Monthly Archives: April 2016

Sete Brasil is Under Judicial Recovery

Yesterday, shareholders of Sete Brasil, an offshore equipment manufacturer that was heavily invested in the Brazilian oil sector with support of giants such as BTG Pactual and pension funds Funcef and Petros, approved the company judicial recovery request, to be filed next week. The request followed a failed attempt to negotiate a beneficial contract with […]

My Thoughts on Yesterday’s Voting

My thoughts on the impeachment proceeding and yesterday’s voting: The left has consistently accused those in favor of impeachment of launching a “coup” and their leaders of “treason”. These claims of “coup” and the labeling of “traitors” are extremely troubling. If the left refuses to accept what is happening as anything but lawful and legitimate […]

Impeachment Vote and GDP Outlook

As Brazil braces for the impeachment voting in the special congressional committee analyzing the matter later today (this voting is to decide if the committee will recommended bringing a formal impeachment procedure voting to the floor of the lower house), the Central Bank released numbers from a weekly survey with 100 economists. According to the survey, Brazil’s GDP is […]

Emerging Markets Insights

a blog by Frontier Strategy Group

longandvariable

A blog on macroeconomics and public policy by Tony Yates.