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By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Almost two years after Standard & Poor’s Ratings Services lowered its long-term foreign currency sovereign credit rating for Brazil to ‘BB’, S&P cuts its ratings once again, this time to...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Finance Minister of Brazil, Henrique Meirelles, said that if the pension reform is not approved by Congress this year, it will more difficult to pass by lawmakers next year, an...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Finance Minister Henrique Meirelles was in Washington D.C. on Thursday (October 12th) and said Brazil has the potential to grow by four percent per year - in the next three...
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 – 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 Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The finance minister of Brazil, Henrique Meirelles, announced Wednesday, March 29th, measures that will allow the government to meet the primary result target for this year, which is a deficit...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Finance minister of Brazil, Henrique Meirelles, was quick to deny any discussion within the federal government to increase the IOF (tax over financial operations) for foreign exchange transactions. Despite the...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Finance minister of Brazil, Henrique Meirelles, says country’s economy is showing signs of recovery and that the worst recession the country has faced in its history is over. Meirelles attributed...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - Yesterday (January 26th) the state of Rio de Janeiro signed a term of commitment to receive financial relief from the federal government. To remedy a deficit that should reach R$26,132...
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...
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