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By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - The Brazilian government reduced the forecast for minimum wage in the coming year after reviewing the economic projections for 2018. The amount of R$979 per month (US$309) contained in...
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 Lisa Flueckiger, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - Analysts of the Brazilian economy have changed their forecast for 2016 for the first time to negative, assuming a contraction in GDP for the second year in a row....
By Lisa Flueckiger, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - The Lava Jato (Carwash) corruption scandal in Brazil involving oil giant Petrobras and some of the country's largest construction companies is said to impact Brazil's GDP by R$142.6 billion...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The latest forecasts by economic analysts and investors show further deterioration in the Brazilian economy this year. According to the latest Focus Bulletin, released by the country’s Central Bank with...
By William Jones, Contributing Reporter RIO DE JANEIRO, BRAZIL – A survey of financial analysts conducted by the Brazilian Central Bank has concluded that the country's GDP will grow by a mere 1.79 percent in 2014, a figure that brings...
By Doug Gray, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - The government celebrated the confidence-fuelling auction of two of the country’s biggest airports last week, but the economy continues to show signs of volatility. With the end of what...
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