Monday 28 April 2008

In the last years Brazil has been facing many problems with its neighbor’s countries, Brazil´s ex-commercial partners. Most of the Brazilian problems are related with energy and the old deals with governments that are not in the power anymore. After the problems with Bolivia´s gas and Venezuela´s oil, the new Brazilian´s problem is with Paraguay and its electric energy.
For the new Paraguay´s elected president, Fernando Lugo, the country´s growing is his main objective. So, in order to attract new investors, Fernando Lugo is planning offer energy incentives because he says that Paraguay has right to receive half of all energy produced in Itaipu´s hydroelectric dam.
Although he said it, Paraguay´s has one agreement with Brazil that all the energy that is not going to be used in Paraguay must go to Brazil without any other cost, so the country doesn´t have half of all the energy produced in Itipu´s hydroelectric dam. In Fernando´s Lugo point of view, that treatment is not fair and if he can´t change that situation, at least he can give energy´s incentives that will helps in Paraguay´s growing. That´s just one more diplomatic problem for Lula´s government.http://www.ft.com/cms/s/0/e9a79d62-10c0-11dd-b8d6-0000779fd2ac.html

Monday 14 April 2008

The problems that the financial market have been facing in the last months made the group Lehman Brothers close three of the main investment founds. The official reason for the end of these founds were that in crises times it becomes much more difficult to get credits in the financial market.
But many specialist in financial market are saying that the main reason for the end of these founds is the ratings given by the ratting agencies. In last months, many Lehman Brothers founds were downtrend by the agencies what made their founds looses high amounts of value.http://www.valor.com.br/valoronline/Geral/financas/Internacional/Lehman+Brothers+liquida+tres+fundos+de+investimento,,,22,4873646.html?highlight=&newsid=4873646&areaid=22&editionid=1984
This kind of news just proves the importance of the ratting agencies in the financial markets. Even if the market knows that this ratings are just a way to estipulate the real risk of one asset, their effect are one of the most important thing when the investor is choosing where he should put its money.