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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 – 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 – A report released on Monday (July 17th) by the World Trade Organization (WTO) says that the Brazilian economy will have a gradual recovery in 2017, but growth will be weak...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazilian officials are bracing for what may become a significant nationwide protest today, Friday June 30th, against the government’s labor and social security reform bills in Congress. Demonstrations have been...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Central Bank (CB) of Brazil lowered the country’s benchmark interest rate (SELIC) by one percentage point on Wednesday, to the lowest level since January of 2014. The decrease, expected...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The decision by Brazil’s President Michel Temer to call in the country’s Armed Forces to try to control the protest of more than 45,000 that gathered at Brasilia’s Esplanade of...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brasilia’s Ministries Esplanade buildings greeted federal workers today (Wednesday, May 24th) with wooden panels protecting glass door entrances, to avoid possible invasions by demonstrators expected to gather in Brazil’s capital...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Two days after one of the largest nationwide strikes Brazil has seen in decades, President Michel Temer, said that the demonstrations seen on Friday are typical of a democracy and...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Major cities in Brazil came to a standstill on Friday as hundreds of people took to the streets to protest against government reforms while many others stayed home in what...
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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