Tags Economy

Tag: Economy

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...
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - In figures released on Tuesday, November 1st, from January to October of this year, Brazil registered a US$38.5 billion trade surplus. According to Brazil’s Ministério da Indústria, Comércio Exterior e...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Two major confidence indicators released in Brazil this week by the Getulio Vargas Foundation (FGV) show improvement in expectations, although both indexes remain in negative territory. The Trade Confidence Survey...
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - On Wednesday, October 19th, in a joint press conference with Brazil President Michel Temer, Japanese Prime Minister Shinzo Abe indicated that he views Brazil as a large investment opportunity for...
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - In a vote that began Monday (October 10th) morning and lasted into the early morning hours of Tuesday (October 11th), Brazil’s House of Representatives have agreed on the Proposed Amendment...
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