Police in Brazil have arrested the country’s former Finance Minister Guido Mantega.
Federal police say they took Mantega into custody at the Albert Einstein Hospital in Sao Paulo.
Sources say.. Source: euronews (in English) -
Brazil’s federal police on Monday detained former finance minister Guido Mantega for questioning in connection with a continuing investigation into suspected tax fraud, according to a person familiar.. Wall Street Journal
Nelson Barbosa, Brazil's new finance minister, center, is congratulated by attendees during his inauguration in Brasilia, Brazil, on Monday, Dec. 21, 2015. Financial markets sankon the news. He is.. Forbes.com
Over the past several weeks, we’ve said on a number of occasions that even we have been surprised at how quickly the situation in Brazil has deteriorated.
To be sure, there are plenty of things.. Zero Hedge
Brazil’s government is investigating former Finance Minister Guido Mantega for allegedly misleading investors by requiring state-run oil firm Petróleo Brasileiro SA to subsidize domestic fuel prices Wall Street Journal
*Four and a half years after Brazil's FinMin Guido Mantega first re-introduced the world to the term "currency wars," it appears the Brazilians have admitted defeat. *Amid what Goldman calls a sharp.. Zero Hedge
Submitted by Raul Ilargi Meijer via The Automatic Earth blog,
It’s not that long ago, in 2001, that Jim O’Neill, then still with Goldman Sachs, coined the term BRICs, for the fast emerging.. Zero Hedge
By Jeb Blount
RIO DE JANEIRO (Reuters) - Investors betting that a long-awaited management change at Brazil's Petrobras will result in a swift rebound of the state-run oil company's fortunes are.. Business Insider
Back when the BRICs were the source of marginal global growth, the punditry couldn't stop praising them. However, in the past year, now that China's housing bubble has burst and its shadow banking.. Zero Hedge
Brasília (AFP) - Brazilian President Dilma Rousseff named pro-market bank executive Joaquim Levy to be her new finance minister Thursday as her government looks to steer the economy out of.. Business Insider
Brazilian President Dilma Rousseff has picked the former head of the country’s treasury, Joaquim Levy, to replace Finance Minister Guido Mantega, according to a person familiar with the situation. Wall Street Journal
According to MercoPress.com, top Brazilian banking officials are defying predictions of economic stagnation in 2015 and predicting the country's economy will actually pick up speed in the coming year... PRWeb
Submitted by John Butler via Contra Corner blog,
The topic of ‘currency war’ has been bantered about in financial circles since at least the term was first used by Brazilian Finance Minister.. Zero Hedge