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10 May 2012

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Macro view

Consumer Survey

Clouds on the horizon

Our monthly consumer survey shows that optimism about the performance of the economy has risen as has the proportion of respondents reporting income rises, but many remain concerned about jobs and have reined in their spending.

Resources

Spill-out from Chevron accident kick-starts sector plan

The $11bn fine levied at Chevron for the Frade oil spill was excessive – and is unlikely to be applied. But it has spurred talks on a new contingency plan that could see oil companies spending more on safety.

Infrastructure

Airport privatisation overcomes turbulence

News that consortia might be widened to bring on more experienced players prompted fears over delays and judicial appeals, but legal challenges could be avoided by application of government soft power and the hire of consultants.

Finance

Infrastructure paves way for Rondônia’s revival

A hydroelectric construction boom is winding down, but the Amazonian state is now better connected to the Pacific. Part of our state-by-state private equity research.

Deal analysis: Cosan, Abertis, Celesio, Brastec

A round-up of M&A activity including the energy, construction and healthcare sectors.

Bulls and Bears

Agenda: new mining rules and utility tariffs

Canadian trip for congress members paves the way for mining rule changes.

Growth forecasts cut

Jitters in Europe are affecting Brazil again.

Guest Column

Looking north: Latin America’s newest emerging market

Abundant resources and agriculture are fuelling northern Brazil's growth but it needs to cut red tape.

Best of local comment

Clearing the way for lower rates

Commentators agree that the timing of changes to savings accounts was astute.

A labour conundrum

Continued low employment rates provoke a debate about its inflationary impact.