Seems we have nationwide protests in Brazil and calls for the president to resign. The economy also doesnt look healthy....
"Concerns are growing over a sluggish economy expected to contract this year as the boom of the previous decade recedes into memory. Brazil’s once-strong currency, the real, has plunged 23 percent against the dollar this year as investors cut their exposure to the economy. Inflation has climbed to its highest level in nearly a decade as job losses mount, partly as a result of the Petrobras scandal rippling through the Brazilian oil industry, which has also been shaken by the worldwide plunge in petroleum prices."
http://www.nytimes.com/2015/03/16/world/anger-bubbles-up-against-brazilian-president.html?_r=0
I hope all this doesnt impact on our local iron ore sales.
GZ
- Forums
- ASX - By Stock
- Ann: Corporate Presentation - February 2015
Seems we have nationwide protests in Brazil and calls for the...
-
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRV (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online