Tags Economy

Tag: Economy

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Faced with dwindling revenues, Brazil’s federal government decided to raise fuel taxes. The government’s objective is to raise R$10.4 billion with the additional levy and meet the primary deficit fiscal...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – A report released on Monday (July 17th) by the World Trade Organization (WTO) says that the Brazilian economy will have a gradual recovery in 2017, but growth will be weak...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Not even the seven-hour sit-in promoted by the opposition, four of which were held in the dark, prevented Brazil’s Senate from approving the country’s new labor reform law on Tuesday....
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The government of Brazil says it is working towards finding out what is causing irregularities in the quality of meat exported to the U.S. after, the North American country announced...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Brazilian economy continues to show signs of recovery and growth despite the current political turbulence, according to Finance Minister Henrique Meirelles. According to the official Meirelles the markets are...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The World Bank reduced its forecast for Brazil’s economic growth this year to 0.3 percent in its latest World Economic Outlook report, released on yesterday (Monday, June 5th). The entity’s...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Despite an United Nation’s report stating that Brazil is likely to grow only 0.1 percent this year, limiting the total economic growth of the region, Brazil’s finance minister Henrique Meirelles...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - The unemployment rate in Brazil continues to rise and the country now has 14.2 million unemployed in the quarter ended in March. This is 14.9 percent higher than the...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - Data released yesterday, April 13th, by the Brazilian Institute of Geography and Statistics (IBGE) shows that the service sector fell by 5.1 percent in relation to February 2016, after declines...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The number of active cell lines in Brazil fell by 5.38 percent in January, compared to the same month last year, according to the National Telecommunications Agency (ANATEL). Compared to...
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