Tag: black market

By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - According to a study released yesterday (June 25th), the informal market in Brazil was worth R$826 billion in 2014, equivalent to 16.1 percent of the country's gross domestic product (GDP)....

By Patrick Eccles-Williams, Contributing Reporter RIO DE JANEIRO, BRAZIL - The government of Brazil has attempted to put a stop to the lucrative process of buying and re-selling tickets for this year’s World Cup by blocking the online ticket exchange,...