Brazil Real Estate Growth Dips Below 10% in August

Brazil Real Estate Growth Dips Below 10% in August

By Kendall Clark, Contributing Reporter RIO DE JANEIRO, BRAZIL – Real estate growth experienced a downturn for the ninth consecutive month across Brazilian cities, falling for the first time below ten percent growth since 2012. According to an index calculated by FipeZap, the main data source of the Brazilian real estate market, the price per […]

Brazil Goes into Recession After Two Quarter Slide

Brazil Goes into Recession After Two Quarter Slide

By Sarah Brown, Contributing Reporter RIO DE JANEIRO, BRAZIL – The Brazilian GDP, the largest economy in Latin America, fell by 0.6 percent in the second quarter ending in June, worse than analysts had predicted. In the first quarter revised figures showed a fall in GDP of 0.2 percent, according to data from the IBGE […]

Tax Income Increases from Small and Medium-Sized Companies

Tax Income Increases from Small and Medium-Sized Companies

By Sarah Brown, contributing reporter RIO DE JANEIRO, BRAZIL – It is the small to medium-sized companies that are gaining the bigger profits in Brazil against last year’s figures, according to the Internal Revenue Sector. They state that the low growth of federal revenues in the first semester is linked to the performance of the […]

Brazil’s GDP Growth Forecast Decreased Again: Daily

Brazil’s GDP Growth Forecast Decreased Again: Daily

By Lise Alves, Contributing Reporter SÃO PAULO, BRAZIL – Forecasts on the growth of Brazil’s economy decreased further this week, with the International Monetary Fund (IMF) reducing its growth forecast from 1.8 percent (in April) to 1.3 percent on Thursday. This is the fifth time this year the IMF has reduced its forecast of Brazil’s […]

Census in Complexo da Maré Shows Economic Growth: Daily

Census in Complexo da Maré Shows Economic Growth: Daily

By Kate Rintoul, Contributing Reporter RIO DE JANEIRO, BRAZIL – The first census undertaken in the Complexo da Maré has shown a growing local economy with 3,000 businesses providing income for 9,000 residents. The findings will be showcased at a meeting focused on entrepreneurship to be held at the complex. The research will be published […]

Brazilian GDP Expected Growth Cut to 1.05% for 2014

Brazilian GDP Expected Growth Cut to 1.05% for 2014

By Sarah Brown, Contributing Reporter RIO DE JANEIRO, BRAZIL – Research from Banco Central (BC, or Central Bank of Brazil) shows that the projected growth of GDP has fallen, while forecasts for inflation rates has increased, indicating a persistent decline in Brazil’s economy. For the seventh week straight, economists at the Banco Central have cut […]

Brazil’s Agriculture Registers Surplus of US$8.5B: Daily

Brazil’s Agriculture Registers Surplus of US$8.5B: Daily

By Lise Alves, Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s agribusiness sector registered a surplus of US$8.5 billion in June, according to MAPA (Brazil’s Ministry of Agriculture, Livestock and Supply). Exports grew by 4.7 percent in comparison to June of 2013 to US$9.61 billion, while imports fell by five percent to US$1.21 billion during the […]

Argentina’s Financial Crisis Affects Brazil

Argentina’s Financial Crisis Affects Brazil

By Lise Alves, Contributing Reporter SÃO PAULO, BRAZIL – Brazilian businessmen are closely monitoring the financial crisis in Argentina, concerned with the effects that the crisis may have on Brazilian production and exports. Their concern is warranted: during the first five months of 2014 Brazilian exports to Argentina have declined by 19.8 percent in relation […]

Brazil’s Industrial Production Falls in May: Daily

Brazil’s Industrial Production Falls in May: Daily

By Lise Alves, Contributing Reporter SÃO PAULO, BRAZIL – Industrial production fell by 0.6 percent in May registering the third consecutive negative result for the year, according to data from the IBGE (Brazilian Statistical Bureau). The accumulated retraction from January to May is now at 1.6 percent. According to the IBGE, the decline of industrial […]

World Cup Generates Jobs and Boosts Economy in Brazil

World Cup Generates Jobs and Boosts Economy in Brazil

By Lise Alves, Contributing Reporter SÃO PAULO, BRAZIL – The 2014 World Cup in Brazil has generated nearly one million jobs in the country and will inject approximately R$30 billion in the economy, shows a recent survey conducted by FIPE (Economic Research Institute Foundation) for Brazil’s Ministry of Tourism. For Vicente Neto, president of Embratur […]

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