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By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Federal police in Brazil took more than twelve hours to count all the bills seized in an apartment in Salvador, Bahia, supposedly used by a former cabinet member of President...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – A recent measure adopted by the Brazilian government to allow nearly 30.2 million workers to withdraw the amounts deposited in inactive workers’ fund (FGTS) is expected to inject R$30 billion...
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - Six months removed from the mega-spectacle that was the 2016 Rio Olympics, local news is reporting that Rio city officials are trying to facilitate the sale of the apartments at...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Minha Casa Minha Vida (My House My Life) the massive public low income housing campaign launched by the Brazilian Federal Government in 2009 has entered its third phase, focusing now...
By Ben Tavener, Senior Contributing Reporter SÃO PAULO, BRAZIL – The President of Caixa Econômica Federal, Jorge Hereda, has admitted that the early release of Bolsa Família payments on May 17th was intentional and planned to avoid a systems error...
By Carlos Graffigna, Contributing Reporter RIO DE JANEIRO - According to statistics by ABAC - Associação Brasileira de Administradoras de Consórcios (Brazilian Association of Consortiums Administrators), the Consorcios is utilized in almost one third of real estate transactions. A “Consorcio” as...
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