Tag Archives: Ben Tavener

The Rio Times – Ben Tavener – Brazil Threatens With Foreign Capital Tax – 22 September 2012

Brazil Finance Minister Guido Mantega, Brazil NewsBrazil Finance Minister Guido Mantega is a fierce opponent of Western countries’ quantitative easing programs, photo by Marcelo Camargo/ABr.

RIO DE JANEIRO, BRAZIL – Finance Minister Guido Mantega has chided Western central banks over money-printing and other stimulus measures, and warned that Brazil could impose taxes on speculative foreign capital to avoid its currency strengthening. Mantega reiterated his stance that Brazil would take “all necessary steps,” including “those adopted in the past” to prevent Brazil’s real from appreciating unduly. Continue reading