Major Policy Shifts in Next Rousseff Term Unlikely

Major Policy Shifts in Next Rousseff Term Unlikely

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – President Dilma Rousseff’s narrow victory in last Sunday’s presidential elections has reduced the hopes of economic analysts that in the next four years the government will produce the economic policy reforms Brazil needs to restore investor confidence and resume economic growth. “Growth in Ms. Rousseff’s […]

Brazil’s Central Bank Increases Interest Rate

Brazil’s Central Bank Increases Interest Rate

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – In a surprising move Brazil’s Central Bank (CB) Copom (Monetary Policy Committee) increased the Selic (benchmark interest rate) by 25 basis points to 11.25 percent on Wednesday afternoon, taking the rate to its highest level since November 2011. The last time the Copom increased the […]

Challenges Faced by Brazil’s Rousseff in 2nd Term

Challenges Faced by Brazil’s Rousseff in 2nd Term

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The incumbent President of Brazil, Dilma Rousseff, won Sunday’s election by a very small margin, leading some political analysts to believe that she will have a difficult time in approving in Congress austerity reforms needed to restore international credibility while still trying to meet demands […]

Brazil’s Stock Market Tumbles With Rousseff Re-Election

Brazil’s Stock Market Tumbles With Rousseff Re-Election

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s stock market (Bovespa) tumbled on Monday, as the financial market reacted negatively to the re-election of incumbent president Dilma Rousseff on Sunday, falling by as much as 6.18 percent during the morning trading hours and closing down by 2.77 percent, at 50,503 points. “The […]

Dilma Rousseff Re-Elected as Brazil’s President

Dilma Rousseff Re-Elected as Brazil’s President

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Incumbent President Dilma Rousseff won re-election on Sunday by a straight margin over opposition candidate Aecio Neves. With 99.7 percent of votes counted Rousseff obtained 51.6 percent of the valid votes while Neves received 48.4 percent. According to the TSE (Brazil’s Electoral Court) twenty percent […]

Pezão Wins Gubernatorial Race in Rio de Janeiro

Pezão Wins Gubernatorial Race in Rio de Janeiro

By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Incumbent governor Luis Fernando de Souza, most commonly known as Pezão (‘Bigfoot’ in Portuguese), won the gubernatorial race in Rio de Janeiro against Marcelo Crivella. According to election officials, Pezão received 55.78 percent of the valid votes against Crivella’s 44.22 percent. Numbers also show […]

Voters Go to Polls Today to Elect Next President in Brazil

Voters Go to Polls Today to Elect Next President in Brazil

By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The last voter intention polls conducted by Datafolha and Ibope before Sunday’s Presidential elections give Brazil’s incumbent President Dilma Rousseff of the PT (Workers Party) a slight lead over PSDB (Social Democracy Party) candidate Aecio Neves. Datafolha has Rousseff with 52 percent of the […]

Additional Security in Rio to Insure Peaceful Elections

Additional Security in Rio to Insure Peaceful Elections

By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – To guarantee security during Sunday’s election, Rio de Janeiro state officials have announced that five thousand extra police agents will be patrolling streets during the second round of elections. Starting on Friday afternoon 35,000 police officers will guard the streets including 455 military police […]

Brazil’s Domestic Air Travel Increases in September

Brazil’s Domestic Air Travel Increases in September

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Despite the disappointing numbers in air transportation traffic during the World Cup games in June and July, domestic air transportation demand in Brazil grew by 5.4 percent from January to September, according to ABEAR (Brazilian Association of Airline Companies). The association reports that in September […]

Presidential Race in Brazil is Still Too Close to Call

Presidential Race in Brazil is Still Too Close to Call

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Less than five days from presidential elections in Brazil, incumbent President, Dilma Rousseff, has edged her way to the lead, ahead of Aecio Neves, 47 percent to 43 percent of the total votes, according to polling company, Datafolha. On Monday another Datafolha poll showed Rousseff […]

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