Cosan to provide Brazil test post positive finmin choice

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Cosan to provide Brazil test post positive finmin choice

Oliver West
November 27, 2014 09:45 pm
Joaquim Levy, Brazil
Brazil’s newly named Finance Minister Joaquim Levy arrives to a press conference at the Planalto presidential palace, in Brasilia, Brazil, Thursday, Nov. 27, 2014. Brazilian President Dilma Rousseff named the top banker and former treasury secretary with a reputation as a fiscal conservative as finance minister, her office said Thursday, in a move that’s widely seen as charting a new course for Brazil’s flagging economy and is expected to soothe jittery financial markets. Pictured in background are Brazil's Central Bank President Alexandre Tombini, left, and Brazil's Planning Minister Nelson Barbosa. (AP Photo/Eraldo Peres) | Eraldo Peres/AP/Press Association Images

Brazilian president Dilma Rousseff gave New York-based LatAm bankers the Thanksgiving gift they so wanted by naming Bradesco Asset Management head Joaquim Levy as her finance minister on Thursday, confirming a week of speculation that had led to a slight recovery in Brazilian bond prices.

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Oliver West
US Bureau Chief - Latin America Editor
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