The 2016 Budget Plan in Brazil Pressures Congress

The 2016 Budget Plan in Brazil Pressures Congress

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – To get the approval of what is being called by many supporters as the ‘most transparent budget bill’ ever to be drafted, Brazil’s President Dilma Rousseff said on Monday she is willing to visit Congressional representatives to explain the document. The 2016 budget bill announced […]

Rental Prices in Brazil Decline by 1.30 Percent Despite Inflation

Rental Prices in Brazil Decline by 1.30 Percent Despite Inflation

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The effects of an ailing economy and slowly rising unemployment rates have led average prices of residential real estate rentals in Brazil to decline by 1.30 percent over the past twelve months, according to the FipeZap index for July. This drop is happening despite a […]

Brazil’s Government Forecasts Deficit in 2016 Budget

Brazil’s Government Forecasts Deficit in 2016 Budget

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – In yet another blow to Brazil’s ailing economy, Brazilian President Dilma Rousseff is expected to present the country’s 2016 budget with a forecast of a significant primary deficit, according to reports by the country’s major daily newspapers, O Globo, Folha de S. Paulo and Estado […]

Sustainability Becomes a Main Attraction in São Paulo

Sustainability Becomes a Main Attraction in São Paulo

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Sustainability is not top-of-mind when one thinks of São Paulo, Latin America’s largest city and one of the world’s most populous metropolis. This weekend a group will try to make those who live in this bustling city think about creative ways to living, sustainability, environment […]

Brazil’s PT Worker’s Party Campaigns For Support

Brazil’s PT Worker’s Party Campaigns For Support

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – An all-out campaign was launched by the PT (Workers’ Party) on Thursday, August 27th, to show support for the government of President Dilma Rousseff and the Workers’ Party itself. Officials at the seminar for PT state representatives in São Paulo decided to launch an offensive […]

Foreign Exchange Rate in Brazil Faces High Volatility

Foreign Exchange Rate in Brazil Faces High Volatility

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The U.S. dollar depreciated slightly on Wednesday, August 26th in Brazil, after two days of extreme volatility due to the economic turmoil caused by the instability of major stock markets around the world. The foreign exchange rate in Brazil closed on Wednesday at R$3.601/US$ after […]

Rio’s City Council Bans Uber and Private Transportation Services

Rio’s City Council Bans Uber and Private Transportation Services

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Rio de Janeiro City Council members voted on Tuesday, August 25th on a bill which regulates the transportation of passengers in the city, banning services such as Uber, where individuals use their private automobiles to transport passengers, from city streets. The votes were overwhelmingly in […]

Brazil Plans to Reduce Number of Government Ministries

Brazil Plans to Reduce Number of Government Ministries

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – In an effort to reduce government spending and improve the Administration’s cost efficiency, Brazil’s Planning Minister, Nelson Barbosa, announced the government’s plans on Monday, August 24th to reduce the number of ministries in the Rousseff Administration from 39 to 29 in the short-term and then […]

Brazil May Register the Lowest GDP Growth in 25 Years

Brazil May Register the Lowest GDP Growth in 25 Years

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Estimates by financial analysts for Brazil’s Gross Domestic Product (GDP) growth in 2015 have decreased for the sixth consecutive time this year, from a contraction of 2.01 percent at the beginning of August to 2.06 percent last week, according to the latest Focus Survey, released […]

Brazil and Germany Sign Cooperation Agreements

Brazil and Germany Sign Cooperation Agreements

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The two day visit by German Chancellor, Angela Merkel, to Brazil last week proved fruitful for the South American country, with cooperation agreements being signed in the environment, food, trade and world security. Merkel visited Brazil with several of her key cabinet members, who were […]

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