Update 3: Well that wasn't supposed to happen... Having swapped almost $3 billion to buy reals, the second major intervention in a week by the Brazilian Central Bank has utterly failed again...
Winning currency wars is easy. As with trade wars, one may not care for the end result.
Brain Winter, Editor-in-Chief of Americas Quarterly, has just returned from a week in Brazil, and what he describes is incredible...
Amid Crippling Nationwide Strike, Sending Stock, Real Tumbling
A nationwide trucking strike in Brazil entered day six on Saturday, as blocked roads have prevented critical food and supplies from reaching their destinations.
Brazil's central bank (BCB) surprised the market by foregoing a final rate cut overnight in what seemed like a hawkish effort to stem the tide of collapse in its currency. For a few brief minutes it worked... but the Real is no collapsing lower again
A major Sao Paulo institution is launching what has been reported as Brazil's first Master's degree in cryptofinance. The course comes amid an increasing embracement of virtual currencies on the part of the Brazilian universities, with themes per
With "jewel-tone eyes," blond hair and a "smattering of light freckles," Othello looks nothing like most Brazilians, the majority of whom are black or mixed-race. Yet the "Caucasian" American cashier, described in those terms by the Seatt
Given Brazil's swelling liberty movement, it's no surprise that Bitcoin and other cryptos are incredibly popular. Now the government is trying to ban it.
Ancient Amazonian tribe facing extinction vows to fight against mining companies planning to destroy their homes to dig for gold in Brazil
If you've read my work over the past several weeks, you've probably noticed an increased fascination with secession/independence movements around the world.
The former president's lawyers accused the judge of teaming up with prosecutors and trampling Lula's rights.
The story of how a Brazilian man was able to use bitcoin to evade a corrupt judge's extortionate demands has been published by Panampost. The story recounts how Daniel Fraga was able to utilize a loophole stemming from Brazil's lack of legal clas
Fabio Ostermann's office in the southern Brazilian city of Porto Alegre boasts a bookshelf with rows dedicated to Friedrich Hayek, Milton Friedman, Ludwig von Mises.
Besieged by protests, Brazil's president on Wednesday deployed federal troops to restore order in the capital, Brasília, after demonstrators calling for his ouster clashed with security forces.
Nothing says "go all in" on Brazilian stocks like the one of the biggest equity market drops on record following yet another political crisis... and that's just what investors did. Second only to the collapse surrounding Lehman's branruptcy, EWZ (th
Brazil stands accused of failing to obey its own constitution in case that pits the state against indigenous people
Two years ago in Brazil, when I first addressed the Forum da Liberdad in Porto Alegre, the conference was already huge (3,500 people, as I recall) but spirits were low.
Brazil - Former Brazilian Chamber of Deputies president Eduardo Cunha was convicted on corruption and related charges in connection with Operation Car Wash, a scandal involving state-owned oil company Petrobras.
A Brazilian Supreme Court justice called on Friday for the legalization of marijuana and even cocaine to undo the growing power of drug gangs behind a wave of violence that has shaken Latin America's largest country.
The dream of any decent libertarian is to watch those in power running from the public eye as a deer runs from a wolf: to eat popcorn while watching an endless procession of handcuffed politicians off to the jailhouse, and ultimately to dance and dri
To say that Brazil is in the midst of huge political and economic crises is probably an understatement. Brazilian GDP has decreased for 3 years in a row, unemployment stands at 10.9%, and inflation is high. States like Rio de Janeiro and Minas Gerais
Brazilian Supreme Court Justice Teori Zavascki was killed just weeks before he was set to unveil "explosive testimony" implicating up to 200 Brazilian politicians in a massive corruption scandal
SAO PAULO (AP) -- Brazil's two biggest cities on Sunday inaugurated mayors who are political outsiders and whose victories underscored deep frustration with the political class and public corruption.