By Stephen Eisenhammer, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - The average salary of workers in Brazil’s oil and gas industry rose 27.6 percent to R$215,000 (US$106,000) per year, between October 2010 and October 2011, a recent report by the recruitment agency Hays affirmed. The report placed Brazil and Australia ahead of 51 other countries [...]
By Fiona Hurrell, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The Institute of Public Security (ISP) has reported a sixteen percent increase in the number of property burglaries from January through April in Rio state compared with the same period in 2011. The data also indicates that the affluent areas of Zona Sul (South [...]
By Ségolène Poirier, Contributing Reporter RIO DE JANEIRO, BRAZIL – Less than a month before the opening of the official Rio+20, hotel rates for the UN Conference on Sustainable Development will be reduced from 25 percent to sixty percent, according to the Brazilian government. The high prices have been heavily criticized by members of the [...]
By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Special divisions of Rio de Janeiro’s Polícia Militar (Military Police, PM) have seized arms and drugs, as well as making over fifty arrests, in the second day of a major operation aimed at drug trafficking and the vehicle theft in a number of districts [...]
By Robbie Blakeley, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Vasco were left lamenting poor refereeing after a 0-0 draw with Corinthians in the first leg of their Copa Libertadores quarter-final tie last night at São Januário Stadium. The Cariocas had a perfectly good goal chalked off in the second half, which would have [...]
By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazil’s political leaders are divided on President Dilma Rousseff’s new stance on how states share oil royalties. Last week her comments, which favored oil-producing states and warned against reneging on contracts that had already been signed, received a hostile reception from nearly 4,000 mayors gathered [...]
By Stephen Eisenhammer, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - Brazil’s finance minister, Guido Mantega, reiterated his opinion Monday that the appreciating U.S. dollar will increase the competitiveness of Brazilian industry. Speaking at the finance ministry, Mantega said that the current exchange rate, just under US$1 to R$2, allowed local products to remain cheaper than [...]
By Stephen Eisenhammer, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - MMX, the mining part of the industrial conglomerate EBX owned by Brazil’s richest man, Eike Batista, is entering the final phase of construction of its iron ore export port in Itaguai, on the Sepetiba bay in the state of Rio de Janeiro, 75 km southwest [...]
By Fiona Hurrell, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Praça Nossa Senhora da Paz in Ipanema was at the center of a protest demonstration yesterday (Saturday 12th) against plans to remove 113 trees during the implementation of a new Metro subway line. The trees, which have been part of the park for decades, [...]
By Ségolène Poirier, Contributing Reporter RIO DE JANEIRO, BRAZIL – The Senate committee that is drafting the text of the new Criminal Code approved, on Friday, a proposal which allows that companies involved in corruption against the government be held criminally liable. Currently, only the individuals involved in the company’s wrongdoing are punished criminally, leaving [...]
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