from MacroScope:

Self-inflicted ‘sudden stop’? Brazil blocked by its own currency war trench

February 25, 2013

In times of currency wars, it's best not to shoot yourself in the foot. By imposing several capital controls in the past years, Brazil might have tightened monetary policy right when the economy started to falter, Nomura's strategist Tony Volpon wrote in a research note on Friday.

from Photographers' Blog:

Carnival, from film to Paneikon

February 21, 2013

Rio de Janeiro, Brazil

By Sergio Moraes

I remember it as if it were yesterday. I was a staff photographer at the Isto É news magazine when I was assigned for the first time to cover the Carnival parade of samba schools. The year was 1986, and I was 24.

from Photographers' Blog:

The tragic legacy of KISS

February 13, 2013

Santa Maria, Brazil

By Ricardo Moraes

It was an unforgettable end to enormous pain and a ravaged mind. The last day of coverage of one of Brazil’s greatest tragedies touched me so much that I’m only going to tell how the story ended.

from Photographers' Blog:

The KISS that ended in tragedy

February 13, 2013

Santa Maria, Brazil

By Edison Vara

It was early Sunday when my cell phone began ringing nonstop. Reuters called to inform me of a tragedy that was happening in the Kiss nightclub in the city of Santa Maria, with more than 70 known dead initially. That number would soon rise past 230. After more than 30 years as a photojournalist I was still jolted by the news, grabbed my equipment, and left for the site three hours away.

from MacroScope:

Brazil: Something’s got to give

February 7, 2013

How about living in a fast-growing economy with tame inflation, record-low interest rates, stable exchange rate and shrinking public debt. Sounds like paradise, doesn't it? But Brazil may be starting to realize that this is also impossible.

from Photographers' Blog:

A living culture in downtown Rio

January 22, 2013

Rio de Janiero, Brazil

By Pilar Olivares

On the first day I appeared as a stranger, to photograph them without knowing their history or their story. The second day I understood what was going on and was able to talk with them at length about what they were doing. The third day I sat and had coffee with them, laughed with them, and listened to them talk about their villages and how hard it is to be in the city.

from Photographers' Blog:

A place that even the rain has abandoned

January 21, 2013

Across the drought-stricken states of Brazil

By Lunae Parracho

As white dust follows your car along dirt roads that cut through a maze of dry arteries while the burning sun dries out your skin, you realize that the wilderness is all around you.

from Global Investing:

Brazil’s inflation problem

January 16, 2013

When will Brazil's central bank admit it has an inflation problem? Markets will be watching today's rate-setting meeting for clues.

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.