RIO DE JANEIRO, BRAZIL - It's all right that there were only three trading days because of Carnaval. Still, the Ibovespa, virtually unaffected by the war in Ukraine, was able to show the world last week that this self-sufficient giant country is likely to be one of the few to stand tall in times of crisis.
Despite heightened tensions on the military, money, and propaganda/media front, the Brazilian stock market has not felt the shock as much.
While European indexes such as Paris' Cac 40 and London's FTSE 100 posted weekly losses of 8.4% and 6 . . .
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