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Feature: Bumps in the road
11 March 2010
Brazil is facing a number of short term challenges as it continues its economic development but remains a solid long term investment
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Brazil emerging market
Brazil has long been on the radar of foreign investors and has consistently been touted as one of the most appealing emerging markets anywhere in the world over the last few years.
The hottest market in Latin America, it is ripe with investment from its new hedge fund market to fund managers setting up there.
However, a number of factors have cast doubts over its short term viability and concerns have been raised about the potential for volatility in the financial markets there.
President Luiz Inácio Lula da Silva, who has been credited with playing a major role in the growth of Brazil’s economy, is not permitted to run for a third term when his tenure runs out in October this year and market observers are unsure what impact his departure will have. He has been in power since 2002 and in the last election gained...
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