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By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - According to the latest report from the Brazilian Association of Real Estate Developers (ABRAINC) released yesterday, October 23rd, approximately 42,000 new homes hit the market, and 68,600 homes were sold...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – A recent measure adopted by the Brazilian government to allow nearly 30.2 million workers to withdraw the amounts deposited in inactive workers’ fund (FGTS) is expected to inject R$30 billion...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Brazilian government announced on Thursday measures to boost production and recover the country’s growth, including a credit injection of R$83 billion (US$20.4 billion) into the economy. Among the measures...
By Lisa Flueckiger, Contributing Reporter RIO DE JANEIRO, BRAZIL – After a protracted debate, Brazil’s National Monetary Council has finally approved an increase in the value of homes that workers can use their FGTS (a government-led unemployment insurance fund) to...
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