Brazil turmoil creates investment opportunities
Editorial / 27-04-16 / Share Link
Speakers at the GTR Latin America Trade and Investment Conference in São Paulo last week admitted that Brazil's current political scandal, surrounding widespread corruption, has had an undeniable impact on business and trade. Angela Martins, chief Brazil representative at National Bank of Abu Dhabi (NBAD), pointed out to the difficulty in pricing deals, as weakening demand is pushing prices down but the prospect of further sovereign downgrades should be pushing them up.
