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Weekly Report - 23 January 2014 (WR-14-03)

BRAZIL: Rousseff heads to Davos to charm investors

Last year, Brazil’s delegation to the World Economic Forum in Davos was decidedly modest: Alexandre Tombini, the central bank president, and Luciano Coutinho, the president of BNDES, the development bank. The year before that, President Dilma Rousseff attended an anti-capitalist conference in Cuba while the world’s leading capitalists met in Switzerland. In 2014, however, with investor confidence in Brazil souring, the president is leading an all-star delegation to Davos in an attempt to counter the increasingly negative perceptions of her country’s economic prospects.

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