As a doctoral student in economics at the University of Illinois, Alexandre Tombini sent opponents limping off the soccer field with his heavy tackles.
In the Fittie Bar next to Aberdeen’s industrial harbor, where North Sea oil workers come to drink between stints offshore, the debate over Scottish independence is raging.
Chief economists from some of Brazil’s largest banks told senators the country needs more transparent fiscal rules to help improve business confidence and drive economic growth.
Brazil’s inflation rate will remain around 5.5 percent, above the central bank’s target, Itau Unibanco Holding SA’s chief economist told reporters in London.
Brazil’s economy will grow at a faster, “Chinese-like rate” this year as a result of a stronger global economy and measures taken to stimulate domestic demand, Itau Unibanco Holding SA said.
Yields on Brazilian interest-rate futures contracts fell to a one-month low after the central bank signaled it would maintain its pace of interest-rate cuts at a policy meeting yesterday.
The three-year buildup to the 2014 soccer World Cup will boost host country Brazil’s economy by 1.5 percent of its annual gross domestic product, said the chief economist of Itau Unibanco Holding SA, Latin America’s largest bank by market value.
"To avoid a downturn in the Brazilian economy, macroeconomic adjustments are needed, with limited room for maneuvering."
- Ilan Goldfajn on Dec 12, 2014