Levy’s Brazil austerity plan under growing fire in Congress

Fri May 8, 2015 1:07am EDT Levy’s Brazil austerity plan under growing fire in Congress BRASILIA/SAO PAULO | BY ALONSO SOTO AND BRIAN WINTER/Reuters Brazil’s Finance Minister Joaquim Levy participates in a meeting with the Agriculture Parliamentary Front in Brasilia May 5, 2015. REUTERS/UESLEI MARCELINO Brazil Finance Minister Joaquim Levy’s four-month-old austerity […]

BG Group’s profits gush ahead of forecasts

BG Group’s profits gush ahead of forecasts FT/May 8, 2015 UK energy company BG Group has reported forecast-busting quarterly earnings, as it prepares for a £55bn takeover by larger rival Royal Dutch Shell. The company’s sales and earnings are sharply lower than this time last year, thanks to […]

The Betrayal of Brazil

The Betrayal of Brazil As a massive corruption scandal unfolds, Brazilians are facing some stark truths: The powerful and connected are still dividing the country’s riches among themselves. The past decade’s economic miracle was in large part a mirage. And the future is again on hold. May 8, […]