Tags Economy

Tag: Economy

By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - On Monday January 16th, the International Monetary Fund (IMF) announced that it had reduced its forecast of Brazilian GDP growth from 1.5 percent to 0.2 percent in 2017. The estimate is...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - The Brazilian Industrial Production saw an accumulated reduction of 7.1 percent in the eleven months of 2016. The data is part of the Monthly Industrial Survey - Brazilian Physical Production...
Editorial, by Stone Korshak RIO DE JANEIRO, BRAZIL - It has long been said that "Brazil is a country of the future... and always will be." However Rio de Janeiro has a much bigger image problem these days, and I'm...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Violent confrontations were once again seen on Tuesday after Brazil’s Senate approved a bill which will limit government’s spending for the next twenty years, by 53 votes against 16. Despite...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – In a unanimous decision, Brazilian Central Bank’s Monetary Policy Committee (Copom) announced Wednesday, November 30th, it was reducing the country’s benchmark interest rate (Selic) for the second consecutive month, by...
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - According to research conducted by FipeZAP Index, residential rental prices in Brazil continue to fall, registering a nominal decrease of -0.17 percent in October. This was the seventeenth month of...
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - According to Jimmy Story, Consul General at the U.S. Consulate General in Rio de Janeiro, relations between the United States and Brazil should suffer no setbacks following the surprising U.S....
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - On Tuesday, November 15th, the International Monetary Fund’s (IMF) executive board released its annual report indicating that Brazil is close to exiting from a deep recession that has gripped the...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – With Rio de Janeiro facing one of its worst financial crises ever, state finance secretary, Gustavo Barbosa, met on Monday (November 14th) with representatives of several banks in São Paulo...
By Nelson Belen, Contributing Reporter, SÃO PAULO, BRAZIL - According to just released data from the São Paulo Housing Union (Secov-SP), sales of new residential properties in Brazil’s largest city, São Paulo, totaled 1,717 in September. The volume represents a...
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