EcoViews

Brazil Central Bank Tombini
Sees Risk in Capital Inflows

Brazilian Central Bank Alexandre Tombini said the bank is “proactive” to prevent increased capital flows to affect the country’s financial stability. He spoke in New York at a conference sponsored by the Brazilian American Chamber of Commerce and the Americas Society.
Tombini defended the bank’s measures to moderate foreign Continue reading

New Continuity Leader

Dilma Rousseff Becomes First

Woman to Preside Over Brazil

There was no spooky surprise and 190 million Brazilians elected President Lula da Silva’s protegee from the Workers’ Party, Dilma Rousseff, as the country’s first female president, in today’s runnoff. She won with an estimated 56% of the votes, beating Social Democrat José Serra without the endorsement of Green Party’s Marina Silva, who came in third place in the first round, a month ago.

A VOTE SEEN AS ENDORSEMENT OF

LULA AND SUPPORT FOR HIS POLICIES

Rousseff, a first generation Brazilian who survived cancer, and a Continue reading