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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 Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - Many foreign investors are looking at Brazil as an interesting option again, between the high interest rates and weaker currency. After reaching an all time high for direct foreign...
By Michela DellaMonica, Contributing Reporter RIO DE JANEIRO, BRAZIL — According to the National Association of Automobile Manufacturers (ANFAVEA), domestic manufacturing of vehicles decreased 3.6 percent in March with 271,200 vehicles produced, compared to 281,500 vehicles produced in February. This...
By Michela DellaMonica and Claire Rivé, Contributing Reporters RIO DE JANEIRO, BRAZIL — The Brazilian Federal Reserve has introduced a solution for the temporary entry of goods for the FIFA World Cup in June and the 2016 Olympics. Items entering...
By Andrew Willis, Contributing Reporter RIO DE JANEIRO, BRAZIL – Profits at Brazil’s state-led oil company, Petrobras, fell twelve percent during the three months ending September 30th, compared to the same period last year, according to results published last week....
By Andrew Willis, Contributing Reporter RIO DE JANEIRO, BRAZIL – Imports of gasoline and diesel are set to rise substantially next year at Petrobras, Brazil’s semi-state oil company, as refinery capacity fails to keep pace with growing domestic demand. The...
By Tracy Woodley, Contributing Reporter RIO DE JANEIRO, BRAZIL – Petrobras Transporte S.A. (Transpetro), a subsidiary of Petrobras responsible for the transportation of petroleum and natural gas, received a new product shipment vessel this morning in concordance with the company’s...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - Retailers and consumers are seeing a wave of imported products in Brazil, mainly due to the favorable exchange rate of the Brazilian real to the U.S. dollar. However while...
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