Recent Posts

Brazil impeachment euphoria may fade as quickly as it came

  Bloomberg Investors in Brazil may find that getting what they wished for isn’t all it was cracked up to be. The real and the Ibovespa slumped even after the lower house of Congress voted to proceed with President Dilma Rousseff’s ouster. The scope of gains going forward is seen as limited given the difficulty in tackling the country’s economic ...

Read More »

Verizon Communications to bid for Yahoo

  Bloomberg Verizon Communications Inc. is the leading suitor for Yahoo! Inc. after a number of bidders decided not to make an offer for the struggling Web company, according to the Wall Street Journal. Time Inc., Alphabet Inc. and IAC/InterActiveCorp have dropped out, while Advent International is among the buyout firms looking at making a bid, the Journal reported, citing ...

Read More »

Yellow water, dirty air, power outages: Maduro’s Venezuela hits a new low

  Bloomberg The tap in her apartment yields water only every two weeks. It comes out yellow. Her 8-month-old granddaughter is ill. And as Yajaira Espinoza, a 55-year-old hairdresser, made her way down the halls of Caracas university hospital on Friday, Zika cases evident in the rooms around her, a dense ash-filled smog enveloped the city. “I am so sorry ...

Read More »
Send this to a friend