Martin Langfield's Blog, page 6

August 4, 2016

Gold medal for hubris

The Olympic Flag flies in front of

A column of mine from June 30: Once-touted Rio Olympics may leave sour hangover

The Brazilian city won the 2016 Games when ex-President Lula was in his pomp, trying to brand his country as a rising world power. That’s now history. A scramble will get venues ready and visitors will enjoy the hosts’ fabled warmth. But that won’t hide the grim national decline.

http://reut.rs/2atlGjt


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Published on August 04, 2016 11:23

July 1, 2016

Review: To have and have not, Brazil-style

In “Brazillionaires,” Alex Cuadros explores Latin America’s biggest economy through its wealthiest citizens, whose fortunes he tracked as a reporter. It’s a tale of boom, bust and back-scratching among moguls and politicos that sheds a telling light on the nation’s current woes.

http://reut.rs/298lGTU

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Published on July 01, 2016 10:50

My latest book review: To have and have not, Brazil-style

A man sleeps in front of ATM machines in Paulista Avenue in central Sao Paulo June 8, 2014. REUTERS/Damir Sagolj (BRAZIL - Tags: SPORT SOCCER WORLD CUP) - RTR3SSMR

In “Brazillionaires,” Alex Cuadros explores Latin America’s biggest economy through its wealthiest citizens, whose fortunes he tracked as a reporter. It’s a tale of boom, bust and back-scratching among moguls and politicos that sheds a telling light on the nation’s current woes.

http://reut.rs/298lGTU


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Published on July 01, 2016 10:50

June 24, 2016

Brexit fallout

A banner encouraging people to support a local Brexit campaign hangs on the side of a building in Altrincham, Britain May 3, 2016. REUTERS/Phil Noble - RTX2CKHT

A bit of chat in my work hat – Brexit has shocked global financial markets and revealed a country divided by age, geography and class. We discuss: http://reut.rs/294Xoek


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Published on June 24, 2016 11:15

June 23, 2016

Peace dividend?

A soldier destroys a rifle with a torch in a military zone in Guatemala City November 15, 2011. The Guatemalan army on Tuesday began the destruction of more than 1,000 firearms collected in 1996 after the signing of a peace deal that ended internal armed conflict, The weapons were delivered by the URNG, or the Guatemalan National Revolutionary Unity, which was a union of the four major guerrilla groups in Guatemala during the conflict. REUTERS/Jorge Dan Lopez (GUATEMALA - Tags: MILITARY POLITICS) - RTR2U2C5

After Colombia’s ceasefire accord with FARC rebels comes into effect, who will pay for peace? Here are a couple of pieces I wrote last year:http://reut.rs/28T07eDandhttp://reut.rs/28PBIBR


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Published on June 23, 2016 11:10

May 13, 2016

Marks, set … govern!

Brazil's Vice President Michel Temer speaks during a meeting with members of the Party of the Brazilian Democratic Movement (PMDB) in Brasilia May 7, 2015. For the last 20 years, Brazil's largest political party has not once fielded a presidential candidate, content to partner with the eventual winner to retain a share of power. No longer, it appears. The Brazil Democratic Movement Party is reviewing its policy program and preparing to abandon the decade-old alliance with President Dilma Rousseff's ruling left-wing Workers' Party and before the 2018 election, where it plans to field its own candidate, party sources tell Reuters. Picture taken May 7, 2015. REUTERS/Ueslei Marcelino - RTX1D4FD

Brazil tries a new Olympic event: the fiscal dash http://reut.rs/1rK6fKu

Interim President Michel Temer has grabbed the baton from hapless Dilma Rousseff less than 90 days before the Rio games begin. That’s also roughly how long he may have to get fiscal reforms moving in Latin America’s No. 1 economy before political discord or scandal slow him down.


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Published on May 13, 2016 08:40

April 18, 2016

Brazilian blame game

Members of the Lower House of Congress celebrate after they voted in favor of the impeachment of President Dilma Rousseff in Brasilia, Brazil April 17, 2016. REUTERS/Ueslei Marcelino - RTX2AE2Q

A bit of chat, in my work hat, about Brazil: http://reut.rs/1MDDRU0

Martin Langfield and Reynolds Holding discuss Sunday’s vote favoring impeachment of President Dilma Rousseff and why investor optimism about her possible ouster may be overblown.


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Published on April 18, 2016 13:20

April 2, 2016

A cracking read

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My latest book review: http://reut.rs/1X3PbJb

“Narconomics” by Tom Wainwright is both an extended black joke and a hard-headed analysis of the drug trade as a business (almost) like any other. A largely persuasive case for legalization, and funny to boot.


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Published on April 02, 2016 07:38

February 29, 2016

El fin del principio

Mauricio Macri, Buenos Aires' City Mayor and presidential candidate for the Cambiemos (Let's Change) alliance, ponders on a question during a news conference in Buenos Aires, November 10, 2015. Challenger Macri took the lead in Argentina's presidential election race against his ruling party rival, Daniel Scioli, a poll showed last Sunday, two weeks before the November 22 run-off vote. REUTERS/Enrique Marcarian - RTS6D46

Now that there’s a debt deal, some thoughts from last week on Argentina. For Macri, it’s just the end of the beginning:

http://reut.rs/1pkZWMf


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Published on February 29, 2016 08:27

December 12, 2015

“The Big Short”: Laugh, heave, repeat

bigshort

Here’a a review I wrote yesterday of “The Big Short:: A bitter guffaw as Wall Street falls apart

The 2008 financial crisis was too complex for any one medium to tell it all. Journalists and protagonists have penned books. Hollywood has tried terse drama. There have been documentaries and radio shows. The film “The Big Short” goes for dark humor that barely masks disgust.


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Published on December 12, 2015 05:58