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By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Despite the continuing low inflation rate, the recent strong devaluation of the Brazilian currency and decreasing economic activity, Brazil’s Monetary Policy Committee (COPOM) surprised the market and announced on...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The Brazilian government responded on Wednesday to the U.S.’s decision to halt negotiations and apply the import restrictions on Brazilian steel and aluminum, which had been temporarily suspended. Brazilian...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The Brazilian real registered another day of registered heightened volatility on Wednesday, with the U.S. dollar closing at its highest rate in almost two years. After surpassing the R$3.51/US$1...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – A Brazilian court in Belo Horizonte, Minas Gerais has extended the deadline for Samarco, Vale and BHP to present the final settlement related to one of Brazil’s worst environmental...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The European Union (EU) announced on Thursday (April 19th) that it is disaccrediting twenty Brazilian chicken meat exporting plants from nine Brazilian companies, due to health issues. The Brazilian...
By Jack Arnhold, Contributing Reporter RIO DE JANEIRO, BRAZIL – Work on the Line 3 extension to the VLT in Centro appears to have come to a stop, leaving an unfinished construction site on Avenida Marechal Floriano since the beginning...
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 Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazil’s Consumer Price Index (IPCA), which measures official inflation in the country, registered a 0.09 percent in March, according to the Brazilian Institute of Geography and Statistics (IBGE). This...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Postal workers from several Brazilian states, including Rio de Janeiro and São Paulo, have decided to remain on strike despite the labor court’s approval of the state-owned company’s plans to...
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...
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