New book profiles market disruptors; US and Argentina sign naval pact
Translated from Portuguese, summarized and contextualized by DistantNews.
At a glance
- A new book, "Aventureiros e Larápios," profiles 15 figures who impacted markets, including Brazilian personalities like Daniel Vorcaro.
- The book explores themes of market disruption, financial ambition, and the consequences of risky ventures.
- Separately, a five-year agreement between the U.S. and Argentine navies aims to modernize Argentine naval capabilities, drawing criticism from Argentina's opposition.
A new book titled "Aventureiros e Larápios - Histórias de Quem Abalou Ou Quase Quebrou Os Mercados" (Adventurers and Thieves - Stories of Those Who Shook or Almost Broke the Markets) is set to be released, featuring the stories of 15 influential figures in the financial world. Co-authored by Roberto Teixeira da Costa, the first president of Brazil's Securities and Exchange Commission (CVM), and reporter Fábio Pahim Jr., the book offers insights into market dynamics and the individuals who shaped them.
The book includes six Brazilian figures, such as the Barão de Mauá, Naji Nahas, Edemar Cid Ferreira, Eike Batista, Carlos Ghosn, and Daniel Vorcaro. It examines both visionary entrepreneurs and those accused of fraud, drawing parallels with international figures like Elizabeth Holmes of Theranos and Bernard Madoff. The narratives delve into financial crises, such as the one in 1929, and the rise and fall of ambitious individuals.
In a separate development, the United States and Argentina have signed a five-year agreement to strengthen ties between their navies. The U.S. Navy will assist in modernizing Argentina's naval forces, including providing drones. This collaboration is part of a "Global Common Goods Protection Program" and will involve the U.S. Southern Command in patrolling Argentine waters.
The agreement has sparked criticism from the Argentine opposition, particularly concerning the term "global common goods." The U.S. Navy's participation in patrolling Argentine maritime territory has raised concerns among some political factions within Argentina.
Originally published by Folha de S.Paulo in Portuguese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.