from Photographers' Blog:

I’m still losing friends

December 18, 2012

Rio de Janeiro, Brazil

By Ricardo Moraes

WARNING: GRAPHIC CONTENT

Rio de Janeiro is a truly diverse city where people of different types and economic classes live side by side. Many of its slums, or favelas, are strongholds of drug gangs who openly operate with high powered weapons in full view on the streets.

from Photographers' Blog:

A roof for the roofless

December 15, 2012

Sao Paulo, Brazil

By Nacho Doce

It was close to midnight on Sunday night, the hour at which 1,200 families planned to occupy 11 vacant buildings in downtown Sao Paulo. Their mission was to improve their own living conditions by occupying and squatting in the buildings long enough to make their eviction a long, drawn-out legal process, and in the meantime, go on with their daily lives.

from Photographers' Blog:

Mad dogs and motorcycles

December 12, 2012

Sao Paulo, Brazil

By Paulo Whitaker

Riding on two wheels in South America’s biggest city is not very safe. Authorities say three motorcyclists die every day in Sao Paulo.

from Global Investing:

Corruption and business potential sometimes go together

By Reuters Staff
December 7, 2012

By Alice Baghdjian

Uzbekistan, Bangladesh and Vietnam found themselves cheered and chided this week.

from Global Investing:

EM interest rates in 2013 – rise or fall

December 3, 2012

This year has been all about interest rate cuts. As Western central banks took their policy-easing efforts to ever new levels, emerging markets had little recourse but to cut rates as well. Interest rates in many countries from Brazil to the Czech Republic are at record lows.

from Global Investing:

Emerging policy-Down in Hungary; steady in Latin America

November 28, 2012

A mixed bag this week on emerging policy and one that shows the growing divergence between dovish central Europe and an increasingly hawkish (with some exceptions) Latin America.

from MacroScope:

Brazilian industrial rebound: wishful thinking?

November 9, 2012

2012 has been a year to forget for Brazil's struggling industry – just like the year before. But a weekly central bank survey of around 90 financial institutions says that will all change next year and industry will grow at healthy 4 percent pace.

from Photographers' Blog:

Brazil’s Highway of Death

November 2, 2012

By Nacho Doce

As Marcondes walked to his truck, his wife and mother said goodbye with the words, “Be careful and may God be with you.” I knew why they talked that way; the highway that he was going to take from Rondonopolis to Sorriso in the fertile state of Mato Grosso is nicknamed the “Highway of Death.”

from MacroScope:

Has the Brazilian FX market lost its swing?

October 31, 2012

Tiago Pariz in Brasilia also contributed to this post.

Brazil's Trade Minister Fernando Pimentel was the latest authority this week to fire warning shots in a resurging currency war. The government is "focused" on keeping the real at its current level of 2 per U.S. dollar, he told journalists after a meeting with fellow ministers and businessmen.

from MacroScope:

When interest rates rise, credit growth should… accelerate?

October 29, 2012

Latin America has defied one of the most elementary rules of macroeconomics in the past decade, Citigroup economists Joaquin Cottani and Camilo Gonzalez found in a report.