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Napoleon

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Posts posted by Napoleon

  1. 1.Austerity measures should pass the senate. Investors would feel a bit better because that would show the government still has the power to avoid wide deficits. It would also allows Brazil not to be downgraded by 2 rating agencies, giving Brazil more time to act.

     

    Now if these measures don't pass investors will be worried and will think the government is unable to fight the crisis and to manage the economy, they will sell Brazilian Reais to buy dollars so the BR will lose value once again. Not long after that the last rating agencies that didn't downgrade Brazil will do it, that means the Brazilian debt will be considered to be "junk" -> that means the government, Brazilian institutions and Brazilian firms will have to pay bigger interest rates to borrow money, some of them won't even be able to borrow to finance their activity or to expand or invest -> the economy will worsen -> investors will be even more scared and will sell even more BRs to buy dollars. All of that could lead to the demise of Dilma Rousseff that could be impeached or will be forced to resign, creating political instability that will scare investors even more. The potential for disaster is quite high.

    I see. I hope everything works out for the best   :(

  2. A Brazilian Fandango? U.S. Largest Online Ticket-Seller Acquires South America’s Largest Online Ticket Retailer
     
    Online movie ticket merchant Fandango has snapped up Ingresso.com, an entertainment ticket subsidiary based in Rio de Janeiro, Brazil, in conjunction with Latin American e-commerce company. Ingresso counts 6 million registered customers and is Brazil’s largest online an mobile ticketing service. Ticket retailer also sells tickets to concerts, soccer games and cultural events including the Rock in Rio music festival. The acquisition, subject to regulatory review and other customary closing conditions, is scheduled to close in the fourth quarter of this year. The Raine Group and G5 Evercore advised Fandango on the transaction. Fandango plans to build a larger footprint for Ingresso.com in Brazil as it co-brands it with its online and mobile entertainment products, YouTube and Fandango Movieclips content. Brazil accounted for 40% of Latin America’s 2014 box office per Rentrak and has seen nine straight years of box office growth. Currently it’s the 11th largest theatrical market per the Motion Picture Association of America, and the org projects Brazil will rank fifth by 2020.
     
     
     
    I hope it means an improvement in the service. There's no advance ticket sales at least for my city.   :unsure:
    • Like 1
  3. I don't say that for the sake of being negative, but I just say we have to be cautious because while that could be a positive development this kind of changes without any valuable reason just shows the market is very volatile and could brutally swing the other way as soon as the next bad news come...

    What do you think should happen for it to continue improving?    :unsure:

  4. We'll get previews for the local movie Vai Que Cola during this weekend. It is based on a cable tv comedy and premieres officially next Thursday. It stars the same actor of Minha Mãe É Uma Peça which was a big hit two years ago with more than 4,6 million tickets sold.

     

    The trailer is super funny, too bad I can only watch it next week.

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