Mimi Whitefield – The Miami Herald, 01/31/2011
Brazil’s economy is booming. Prices for its commodities are stellar and unemployment is at record lows, but panelists at a Miami conference said there could be some clouds on the horizon.
Among the concerns are a growing current account deficit, an overvalued real, and mounting inflation, which could top 6 percent this year, said participants at “Forecast 2011: Economic and Political Risk Scenarios for Latin America.”
The conference, which was held Friday at the Four Seasons Hotel in Miami, was organized by the University of Miami’s Center for Hemispheric Policy.