Fed’s Higher Rates Cool Brazilian Stocks

Latin American stocks closed mixed to lower, as investors remained cautious as they awaited tomorrow’s decision on U.S. interest rates by the Federal Reserve Board. Still, Mexican equities leapt to their second consecutive record closing high.

Tags:

You May Also Like

Brazil Is the Main Dish Here

Di Tereza, a tiny restaurant in Bahia, Brazil, typifies neighborhood culture in Salvador. Luiz, ...

NY Times Affair: Brazil in a Major Hangover

If commentaries on the redness of the Brazilian President cheeks and nose have increased ...

Sweet Sixty

Starting in 1986, Ney Matogrosso decided to incorporate a sober side to his "scandalous" ...

Progressive Rock & Jazz Fusion – A Short History

Progressive Rock is an elusive term applied to that type of rock music that ...

Foreigners Wishing to Buy Land in Brazil Have New Rules to Follow

Normative Ruling #1, which sets forth the administrative process for foreigners to request authorization ...

Of Gods and Pods

To complete the week, English strangely paid homage to a Roman god, Saturn, in ...

Labor Strike at Brazil’s Petrobras Making no Difference to Bottom Line

Brazilian oil government controlled multinational Petrobras announced on Tuesday that total production (domestic and ...

Brazilian chicken ranch

With Avian Flu Behind Brazil’s Chicken Exports Grow 85%

Brazil exported around US$ 400 million in chicken meat during the month of May, ...

Brazil Uses IMF Clause to Fix Its Ports

Brazil’s Ministry of Transportation will invest US$ 157.1 million (427 million reais) this year ...

Brazil Led Agrofuel Revolution Is Anything But Revolutionary

Agrofuel development has arrived on the global stage. Just this year, the number of ...