Tags Economics

Tag: economics

By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - Despite the financial troubles facing the country, Brazil’s federal government announced that as of January 1, 2017 the minimum wage will increase to R$937.00 per month (US$287.89), which corresponds to...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL - The unemployment rate in Brazil during the third quarter of the year remained stable at 6.8 percent, according to the IBGE (Brazilian Statistical Institute) through its quarterly National Household Survey...
By Michela DellaMonica, Contributing Reporter RIO DE JANEIRO, BRAZIL — While government figures for national inflation hovered around 5.91 percent at the close of 2013, the cost of many everyday items seems to be increasing much faster. According to...
By Maria Lopez Conde, Senior Contributing Reporter SÃO PAULO, BRAZIL - A delegation of Brazilian businessmen and ministers headed by the vice president Michel Temer are visiting China in an effort to strengthen relations between the two countries. It is...
By Kristen Nozell, Contributing Reporter RIO DE JANEIRO, BRAZIL – For numbers that have been consistently negative throughout the course of the year, new data released by the Institute of Studies for Industrial Development (IEDI) on Monday finally bears some...
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 – Brazil’s stock exchange, the Bovespa, suffered a 22 percent loss in the first six months of this year, making it its worst semester since the financial crisis struck...
By Anna Kaiser, Contributing Reporter RIO DE JANEIRO, BRAZIL - President Dilma Rousseff announced that Brazilian flags will fly at half-mast for three days to mourn the death of Venezuelan President Hugo Chávez, who lost his two year long battle...
By Andrew Willis, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - The Brazilian government has nominated the country’s ambassador to the World Trade Organization, Roberto Azevedo, as a candidate to lead the international institution. The term of current...
By Sarah de Sainte Croix, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The Brazilian government’s civil aviation agency (ANAC) received R$24.5 billion last Wednesday following the auction of concessions for three of the country’s biggest airports. The final value...
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