from The Edgy Optimist:

The bright side of the fiscal cliff

By Zachary Karabell
December 28, 2012

As 2012 sputters to a close, it wraps up with a yawning gap between widespread economic pessimism and the actual state of economic affairs.

from Global Investing:

The Watanabes are coming

December 28, 2012

With Shinzo Abe's new government intent on prodding the Bank of Japan into unlimited monetary easing, it is hardly surprising that the yen has slumped to two-year lows against the dollar. This could lead to even more flows into overseas markets from Japanese investors seeking higher-yield homes for their money.

from The Great Debate:

Who will be Rockefellers of BRIC nations?

By Charles Landow and Courtney Lobel
December 24, 2012

John D. Rockefeller’s immense wealth made “rich as a Rockefeller” part of the lexicon. But his legacy rests not on what he earned. As the founder of Standard Oil and the richest person in history, Rockefeller donated so much money during his life that he needed a team of philanthropy specialists to distribute it. The result was the Rockefeller Foundation, chartered in 1913 “to promote the well-being of mankind throughout the world.”

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.