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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (100127)4/18/2013 10:38:14 AM
From: cmg  Read Replies (1) | Respond to of 217588
 
Brazil did the right thing , showing independence but it will be interesting to see what counter punch they will receive from the other central banks.



To: elmatador who wrote (100127)4/18/2013 2:51:13 PM
From: Snowshoe  Read Replies (2) | Respond to of 217588
 
Price squeeze was spilling ketchup in Dilmagrad. CB finally forced to act when Sao Paulo restaurants chopped tomatoes off the menu...

Brazil inflation: Surging tomato prices create political headache
bbc.co.uk

Sao Paulo's famous Nello's restaurant was the first to grab headlines with the decision to drop tomatoes from the menu, a move announced on its Facebook page.

"We did this to raise people's awareness," manager Augusto Mello told the BBC.

"We've always paid around two reais (66p/$1) per kilo of fresh tomatoes. But prices have recently soared, and we were paying seven reais per kilo, which is too much, especially for a restaurant like ours, that needs to buy one tonne every month,"



To: elmatador who wrote (100127)4/19/2013 1:03:45 PM
From: THE ANT  Respond to of 217588
 
Real at 1.7 to the dollar in the next 2 years Euro 1:1



To: elmatador who wrote (100127)4/19/2013 7:54:54 PM
From: THE ANT  Read Replies (3) | Respond to of 217588
 
By the way,I suspect rates will go down again before long
mpettis.com