Russia and Qatar could be stripped of their rights to host the World Cup if evidence of bribery in the bidding process is found, said Domenico Scala, the independent chairman of FIFA’s audit and compliance committee, during an interview published on Sunday by Swiss newspaper Sonntagszeitung. Both countries have denied any wrongdoing in their bidding processes and Scala … Continue reading
Many investors in Brazil, including us, have been a little frustrated over the past couple of years with its lack of growth and progress. Gross domestic product (GDP) in Brazil grew a mere 0.2% in 2014 (estimated), a far cry from the 7.5% it saw in 2010.1 However, we believe Brazil has all the elements … Continue reading