by Luiz Pinto
China is unstoppable. Within less than a year, Beijing-led initiatives pledged to mobilize US$477 billion to enhance South-South cooperation and finance trade, infrastructure and industrial projects overseas. High-profile ventures such as the New Silk Road and BRICS-sponsored projects are likely to benefit most.
Continue reading “A new age for China in Brazil and South America?”
by Cassiano Alves and Leticia Corrêa
On June 28th, President Dilma Rousseff landed in the United States for an official visit, leaving behind an economy in imminent recession and a country in political crisis after the corruption scandal involving state-owned oil company Petrobras.
Speculation over Mrs. Rousseff’s impeachment resurfaced after a national magazine reported that Ricardo Pessoa, the owner of construction company UTC Engenharia, told authorities that the president’s campaign in 2014 received illegal donations. UTC Engenharia is one of the firms accused of forming a cartel and paying kickbacks to politically appointed directors at Petrobras.
Continue reading “Will Dilma Rousseff be able to foster foreign direct investment to save the fiscal package and resume economic growth?”