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By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Despite the uneasiness expected in the political arena due to the upcoming Presidential elections in Brazil in October, international agencies and consultancies are a bit more optimistic this year...
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - According to a just-released study from the World Bank, Brazil must increase its labor productivity in order to grow its stagnant economy. At the country's current productivity rate, Brazil's gross...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – After two years of negative results, Brazil registered a growth in its GDP of one percent in 2017, according to the Brazilian Institute of Geography and Statistics (IBGE). For Brazilian...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s Central Bank (BC) announced on Wednesday it was lowering the country’s benchmark interest rate (Selic) for the eleventh consecutive time, by 0.25 percentage point, from 7 percent to 6.75...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s Gross Domestic Product (GDP), closed the second quarter of 2017 up by 0.2 percent compared to the previous quarter, according to the IBGE (Brazilian Statistics Bureau). The latest GDP...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Although business confidence in the commerce segment in Brazil fell slightly (.09 percent) in July, the Commerce Business Confidence Index (ICEC), continues in positive territory indicating optimism in Brazil’s commerce...
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 – After two consecutive years of declines Brazil’s economy grew one percent in the first quarter of 2017 compared to the last quarter of 2016, according to the Brazilian Statistics Bureau...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Finance minister in Brazil, Henrique Meirelles, said that although the country should register slow growth due to the deep level of recession Brazil should reach the end of the year...
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