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Brazil

Guido MantegaChange Of Guard In BrazilGuido Mantega, president of Brazilian development bank BNDES, took over as Brazil's finance minister in late March after scandals forced Antônio Palocci to resign from the post. The 56-year-old Italian-born economist and former university professor was President Luiz Inácio Lula da Silva's economic advisor during his first presidential campaign, and minister of planning in the first two years of Lula's government. Mantega vows to stick to Lula's reform agenda and macroeconomic policies. Bernard Appy, secretary of economic policy at the finance ministry, will replace deputy finance minister Murilo Portugal, who also resigned.In additio

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