Business Invested in Brazil Rising
Over the last decade we've gotten used to reading articles about companies with big plans to expand in China: Wal-Mart (WMT), McDonalds (MCD), Starbucks (SBUX), IBM (IBM)... and the list could go on and on.
That will go on for awhile, but you know that for the next sevearl years, especially in the lead-in to 2016, we're going to read A LOT more stories about companies with big ambitions in Brazil.
Spanish banking giant Banco Santander (STD) is thought to have potentially gigantic problems, but for now, they're expanding while other banks are in retreat, and the South American giant is big, juicy target. Source