For the last decade, Brazil has been an emerging super power, building in infrastructure and opportunities for nearly 40 million impoverished citizens to work their way into the middle class. But a shift is working its way through the economy; rising inflation, debt, and a weakening currency have stripped many in the middle class of that title. The tension boiled over last week when a small protest against bus-fare increases was brutally squashed by the police force, and now people have taken to the street in droves to protest their government’s spending practices [see Single Country ETFs: Everything Investors Need To Know]. Over 30,000 people marched in in Rio de Janeiro Monday night and more in other major cities. President Dilma Rousseff is at her lowest approval rating ever and World Cup officials are reportedly debating if Brazil can handle the massive game set for next year. Once an obvious choice for investors, Brazil [...] Click here to read the original article on ETFdb.com. Related Posts: Ultimate Guide To iShares Latin America 40 Index Fund (ILF) UBS Launches Risk On / Risk Off ETNs Ten Best ETF Performers Over The Last Five Years (Including A Few Surprises) Emerging Market ETFs: Seven Factors Every Investor Should Consider Brazil ETFs: Nine Ways To Play
For the last decade, Brazil has been an emerging super power, building in infrastructure and opportunities for nearly 40 million impoverished citizens to work their way into the middle class. But a shift is working its way through the economy; rising inflation, debt, and a weakening currency have stripped many in the middle class of that title. The tension boiled over last week when a small protest against bus-fare increases was brutally squashed by the police force, and now people have taken to the street in droves to protest their government’s spending practices [see Single Country ETFs: Everything Investors Need To Know]. Over 30,000 people marched in in Rio de Janeiro Monday night and more in other major cities. President Dilma Rousseff is at her lowest approval rating ever and World Cup officials are reportedly debating if Brazil can handle the massive game set for next year. Once an obvious choice for investors, Brazil [...]
Click here to read the original article on ETFdb.com.
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