brazil

    By Joseph Lazzaro

    | 4:45PM 2/01/2011
    In its latest report, the IMF applauds national policymakers for stabilizing credit markets and putting the global economy on a recovery track. However, thorny problems remain -- including how to prevent overheating in emerging markets, and how to cut the U.S. deficit while lowering its unemployment rate.

    By Joseph Lazzaro

    | 10:00AM 1/29/2011
    Without a doubt, this country's debt overhang needs to be chopped considerably. But does a large national debt doom a nation to economic ruin? Only if you believe that countries like Germany, France, and Japan are economic basket cases, too.

    By Charles Wallace

    | 6:30AM 1/11/2011
    They're gearing up for a potentially damaging round of currency interventions to help keep their economies competitive, especially against China. Says Brazilian Finance Minister Guido Mantega: "This is a currency war that is turning into a trade war."

    By Hugh Collins

    | 6:33AM 12/13/2010
    General Electric Co. (GE) will buy Wellstream Holdings Plc (WSM), a British oilfield-services provider focused on the Brazilian market, for 800 million pounds ($1.3 billion). The deal is worth 786 pence per share of Wellstream, including a 6 pence special cash dividend, Bloomberg News reported....

    By Danny King

    | 7:15PM 12/01/2010
    Starbucks said Wednesday that it plans to grow its worldwide sales by expanding its 220 stores in mainland China to "at least" 1,500 by 2015. The world's largest coffee chain also is planning to add stores in Brazil, Russia and India.

    By David Schepp

    | 11:00AM 11/17/2010
    Considering where the iconic carmaker has been in recent years, the pending IPO -- and robust investor demand for shares -- is a remarkably positive step. But GM still has plenty of problem spots that will need fixing if this historic event is to have lasting meaning.

    By Peter Cohan

    | 12:05PM 11/09/2010
    The world economy is poised for more of the same in 2011: booming growth in China, India and Brazil, and a sluggish crawl in much of the rest of the developed world. Here are the five most important factors driving sluggish economic growth in the U.S.

    By Melly Alazraki

    | 9:02AM 11/08/2010
    The U.S. finds itself on the wrong side of the currency manipulation argument this week, as many G20 countries criticize the Fed's $600 billion bond buying plan, which could further devalue the dollar. World leaders say the move breaks the vow of unity made during the last G-20 summit.

    By Hugh Collins

    | 7:58AM 11/08/2010
    Goldman Sachs (GS) economists defended Federal Reserve Chairman Ben Bernanke's decision to pump billions of dollars into the economy, saying the move will boost economic growth. The Fed's plan to buy $600 billion of assets will improve growth and reduce the risk of deflation, economist Jan...

    By Hugh Collins

    | 8:46AM 11/02/2010
    Sweet could get expensive. Raw sugar prices may rise to the highest in more than 30 years by March if dry weather hits the Brazilian sugar crop, broker Newedge USA told Bloomberg News.