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By Chesney Hearst, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – After the recent derailment of a Rio de Janeiro train briefly brought the city to a halt and with renewed protests against the upcoming World Cup and government expenditures...
By Maria Lopez Conde, Senior Contributing Reporter SÃO PAULO, BRAZIL – Economists from a range of financial institutions have lowered their economic growth forecasts for Brazil this year, predicting a weak GDP but also lower inflation than previously expected, according...
By Maria Lopez Conde, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Brazilian real reached its lowest point in four years last week as disappointing first quarter financial results indicated sluggish economic growth and prompted the Brazilian Central Bank...
By Maria Lopez Conde, Contributing Reporter RIO DE JANEIRO, BRAZIL – A number of companies created to make use of Brazilian mining giant Vale's iron ore have shut down their operations in Carajás, home to the world’s largest iron ore...
By Sibel Tinar, Contributing Reporter RIO DE JANEIRO – The Banco Central do Brasil announced last week that it has raised its forecast for the country's GDP (Gross Domestic Product) growth from 5.8 percent to 7.3 percent for this year,...
By Marcela Canavarro, Contributing Reporter RIO DE JANEIRO - The International Monetary Fund (IMF) forecast for the world economy in 2009 predicts a decline in Brazilian GDP. The survey "World Economic Outlook", released last week, indicates economic activity 1.3% lower...
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