Cosan to provide Brazil test post positive finmin choice

Oliver West

November 27, 2014 09:45 pm

Joaquim Levy, Brazil — Brazil¬ís 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¬ís widely seen as charting a new course for Brazil¬ís 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