Brazilian Officials Announce Extra Security for Rio Games

Brazilian Officials Announce Extra Security for Rio Games

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Concerned with the recent terrorist bombing at the Istanbul airport in Turkey, Brazilian officials are stepping up their security for the Rio 2016 Olympic and Paralympic Games, scheduled for August and September. Officials have announced several security measures including Marine personnel at Copacabana Beach and […]

Brazil’s Temer to Veto Unlimited Foreign Capital in Airline Sector

Brazil’s Temer to Veto Unlimited Foreign Capital in Airline Sector

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Brazilian Senate approved this week a bill which would allow for 100 percent of foreign capital participation in Brazil’s civil aviation, but only after senators ensured that interim president Michel Temer will veto the controversial clause. “The government will veto this clause,” Temer’s Chief […]

Study Shows Brazil Among Leaders in Child Homicides

Study Shows Brazil Among Leaders in Child Homicides

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – A study released by the Latin American Social Sciences Institute (FLACSO) on Thursday, June 30th, shows that 29 children and teenagers were murdered per day in Brazil in 2013, ranking the country in third place in child homicides among the 85 countries analyzed. “Despite the […]

Brazil’s Real Closes at R$3.23 to Dollar in 11-Month High

Brazil’s Real Closes at R$3.23 to Dollar in 11-Month High

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Wednesday registered another day of optimism in the Brazilian financial market, with the stock market rising and the U.S. dollar depreciating against the local currency once again. The Brazilian bourse closed up by 1.99 percent, while the US dollar closed at R$3.237/US$1. This is the […]

Mega-Operation Underway to Capture Fugitive in Rio

Mega-Operation Underway to Capture Fugitive in Rio

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The mega-operation by Rio de Janeiro police to capture Nicolas Labre Pereira has already left nine people dead since June 20th, when in a daring action twenty-five armed men stormed a hospital in the center of Rio de Janeiro to rescue the drug dealer who […]

Rio’s Metro Line 4 May Not be Ready for Olympics

Rio’s Metro Line 4 May Not be Ready for Olympics

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Rio de Janeiro officials, rushing to get everything ready for the 2016 Olympics in August received bad news yesterday from the federal government. The loan to finish the construction of Metro Line 4, which will take visitors to see the Games in Barr da Tijuca, […]

Brazil’s Butantan Partners with U.S. for Zika Vaccine

Brazil’s Butantan Partners with U.S. for Zika Vaccine

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Butantan Institute in Brazil has announced a partnership with the United States’ Health Department and the World Health Organization (WHO) to expand the research capacity of its laboratories and increase Brazil’s capacity to produce a Zika vaccine. According to the Brazilian institute it will […]

Central Bank of Brazil’s Quarterly Report Continues Gloomy

Central Bank of Brazil’s Quarterly Report Continues Gloomy

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Central Bank of Brazil increased its inflation forecast for this year, but was slightly more optimistic about the country’s growth, reducing the negative growth forecast for the GDP this year. According to the Quarterly Inflation Report released on Tuesday, June 28th, inflation should rise […]

Defense Testimonies for Brazil’s Rousseff to End This Week

Defense Testimonies for Brazil’s Rousseff to End This Week

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Senators return to work on Monday, June 27th, to listen to the last defense witnesses in the impeachment trial of suspended Brazilian President Dilma Rousseff. Analysts believe that the next two weeks may be decisive for the suspended leader, with the defense resting its case […]

Inflation Forecasts in Brazil for 2016 Rise Once Again

Inflation Forecasts in Brazil for 2016 Rise Once Again

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Financial institutions in Brazil have increased for the sixth consecutive week their forecast for inflation in 2016, from 7.25 percent to 7.29 percent, according to the weekly Central Bank Focus Survey. The survey shows that for 2017 the estimate for inflation continues steady at 5.5 […]

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