Latest: Corruption and Money Laundering.
 |
NOT ONLY BRAZIL'S CORN CROP BUT ALSO ITS ECONOMY
AND ITS POLITICS ARE IN TURMOIL. IMAGE SOURCE: GETTY IMAGES. |
Brazil has problems. And thanks to General Electric's investments in Brazil, some of those problems are now GE's. Should investors be concerned?
The 2016 Rio games in Brazil were great for the U.S. Olympic Team, which won more medals than any other country. But beyond the Games, Brazil hasn't been great for U.S. businesses such as General Electric (NYSE:GE), Monsanto (NYSE:MON), and DuPont (NYSE:DD), which have fallen victim to some of Brazil's many problems.
Are these problems just minor issues, or should they make investors reevaluate their positions in the stocks?
Your guide to Brazilian scandals
There's Been No Shortage Of Political Scandals In Brazil Recently. Many Have Swirled Around The Government Of Now Ex-President Dilma Rousseff, Leading To Her Eventual Impeachment And Removal From Office In August. But New President Michel Temer Has Had His Share Of Scandals, Too, Including Violation Of Campaign Finance Limits And Secret Recordings That Revealed Plans To Quash Corruption Investigations.John Bromels
(Truth2Power)
No comments:
Post a Comment