Consumer Confidence in Brazil Falls to Historic Levels

Consumer Confidence in Brazil Falls to Historic Levels

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The latest consumer confidence survey in Brazil by the Instituto Brasileiro de Economia – IBRE (Brazilian Institute of Economy) at the Fundação Getulio Vargas Institute shows that the Consumer Confidence Index (CCI) retreated by 2.9 percent from February to March, going from 85.4 to 82.9 […]

Inflation Rate May Top Eight Percent in Brazil in 2015

Inflation Rate May Top Eight Percent in Brazil in 2015

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Financial analysts have increased forecasts for the annual inflation in Brazil for 2015 to 8.12 percent, according to the latest Focus Survey, released by the Central Bank. The previous survey forecast annual inflation at 7.93 percent. This is the first time this year that inflation […]

Water Crisis in Brazil May Have Led to Dengue Increase

Water Crisis in Brazil May Have Led to Dengue Increase

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The water shortage crisis in the Southeastern region has created another type of disaster, according to Brazilian health officials. With the campaigns to save and store available water, the incidence of people contracting dengue, a disease transmitted by mosquitoes, has surged. In January and February […]

Brazil’s Petrobras Pre-Salt Clusters Set Record Production

Brazil’s Petrobras Pre-Salt Clusters Set Record Production

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Despite the fallout from the on-going corruption scandal which has tarnished Brazil’s largest state-controlled company, Petrobras, the oil giant announced on Thursday, March 19th, that the output from the Santos and Campos basin pre-salt clusters reached record levels in February. According to a press release, […]

Brazil’s President Announces Anti-Corruption Measures

Brazil’s President Announces Anti-Corruption Measures

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s President Dilma Rousseff announced on Wednesday, March 18th, anti-corruption measures which she says will inhibit and punish irregularities in the public administration. According to the President these measures will go a long way to curbing widespread corruption which have tainted and weakened her administration. […]

Approval Rates of Brazil’s President and Congress Drop

Approval Rates of Brazil’s President and Congress Drop

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The latest Datafolha opinion poll shows that more than half of Brazilians classify President Dilma Rousseff’s administration as well as the Brazilian Congress as bad or terrible. President Rousseff is finishing up the third month of her second term in office and the survey shows […]

Dow Jones Removes Brazil’s Petrobras From Sustainability Index

Dow Jones Removes Brazil’s Petrobras From Sustainability Index

By Lise Alves, Senior Contributing Editor SÃO PAULO, BRAZIL – Dow Jones has announced that Brazil’s oil giant Petrobras is no longer a part of its Dow Jones Sustainability World Index (DJSI World). The reason for the removal of the Brazilian company from the index is the widespread corruption scandal known as Operação Lava Jato […]

More Than One Million Protest Against Government in Brazil

More Than One Million Protest Against Government in Brazil

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – More than one million people took to the streets in Brazil to protest against corruption and the government of President Dilma Rousseff on Sunday. From the capital, Brasília, to Latin America’s economic hub, São Paulo, to coastal cities, such as Recife and Salvador, crowds of […]

Forecasts for Inflation in Brazil Continue to Rise, GDP Fall

Forecasts for Inflation in Brazil Continue to Rise, GDP Fall

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Estimates by financial analysts regarding annual inflation in Brazil for 2015 have once again increased, from 7.77 percent to 7.93 percent this week, according to the latest Focus Survey, released by the Central Bank. According to the survey analysts also see deterioration in the country’s […]

Thousands of Pro-Government Supporters March in Brazil

Thousands of Pro-Government Supporters March in Brazil

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Thousands of pro-government backers took to the streets on Friday in Brazil to show their support for President Dilma Rousseff’s administration as well as state-owned oil giant Petrobras. Marches entitled ‘National Day of the Struggle in Defense of Workers’ Rights, of Democracy, of Petrobras and […]

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