Soybean Moratorium Renewed in Brazil’s Amazon Region

Soybean Moratorium Renewed in Brazil’s Amazon Region

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Brazilian government, soybean processing companies and non-governmental agencies renewed on Tuesday, November 25th, a moratorium pact whereby Brazil’s soybean industry and exporters agreed to refrain from purchasing the grain from areas in the Amazon region which have been cleared since June 2008, to be […]

Disarmament Law Threatened by Congressional Project

Disarmament Law Threatened by Congressional Project

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – A project in the Brazilian Congress will cancel one of the most important laws aimed at curbing gun violence in the country warn public safety organizations. The project, which seeks to create norms for the acquisition, possession, and circulation of firearms in the country, will […]

Brazil Forecasts Lower GDP Growth, Increased Inflation

Brazil Forecasts Lower GDP Growth, Increased Inflation

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The government of Brazil has reduced its official estimate for the country’s economic growth (GDP) for 2014 and 2015, increased its forecast for the IPCA inflation index (Consumer Price Index) for both years, according to the Ministry of Planning. “The GDP growth forecasts for 2014 […]

Brazil’s CB Freezes R$47 Million in Assets from Lava Jato Scheme

Brazil’s CB Freezes R$47 Million in Assets from Lava Jato Scheme

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Central Bank of Brazil announced Thursday, November 20th, it has frozen more than R$47 million in assets from individuals and companies arrested last week in the Lava Jato (Carwash) money-laundering scheme involving Brazil’s oil giant, Petrobras. The measure had been requested by Federal Judge […]

Dia da Consciência Negra: Black Awareness Day in Brazil

Dia da Consciência Negra: Black Awareness Day in Brazil

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – On Thursday, November 20th, Brazil celebrates Consciência Negra (Black Awareness Day) with a little over 18.8 percent of Brazilian municipalities observing it as a holiday. It is, according to analysts it is not a day to celebrate but rather reflect on the social and political […]

Brazil’s Unemployment Rate Falls Again in October

Brazil’s Unemployment Rate Falls Again in October

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil registered an unemployment rate of 4.7 percent last month, the lowest rate for the month of October since the start of the series, in March of 2002, according to the IBGE (Brazilian Institute of Geography and Statistics). October’s results were 0.2 percent lower than […]

Scandal Oveshadows Petrobras Record Production Results

Scandal Oveshadows Petrobras Record Production Results

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – What started out as a scheduled meeting by Petrobras officials to announce the company’s quarterly operational results turned into a teleconference to discuss the worst scandal ever faced by the oil giant and its impacts on the company and the market. Instead of talking about […]

Rio to Implement Policies to Decrease Thefts on Beaches

Rio to Implement Policies to Decrease Thefts on Beaches

By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – With summer season just around the corner and forecasts of hundreds of thousands of tourists flooding into Rio de Janeiro, city officials are preparing public policies geared towards homeless or low-income youths with the hopes of decreasing mass robberies known locally as “arrastões” (big […]

Brazil Arrests Another 36 in Money-Laundering Operation

Brazil Arrests Another 36 in Money-Laundering Operation

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s federal police started Friday morning (November 14th) enforcing 36 arrest warrants and 49 search and seizure orders in the cities of Paraná, São Paulo, Rio de Janeiro, Minas Gerais, Pernambuco, and Brasilia, as part of the on-going investigations into a multi-million reais money-laundering scheme […]

Officials in Brazil Ask SBM For Help in Bribery Investigation

Officials in Brazil Ask SBM For Help in Bribery Investigation

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s Corregedoria Geral da União – CGU, (Comptroller General’s Office), filed an inquiry against Netherland’s SBM Offshore NV for bribery allegations, but hopes the company will help the South American country in its investigation involving its oil giant, Petrobras. “Based on results of the partial […]

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