Investments Against Deforestation Decline in Brazil

Investments Against Deforestation Decline in Brazil

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Government investments to combat deforestation in the Amazon region steeply declined during the period between former President Luís Inácio Lula da Silva’s last term and President Dilma Rousseff’s first term in office according to a report released on Tuesday, March 31st by InfoAmazonia. The report, […]

Brazil’s Industrial Production Declines in February

Brazil’s Industrial Production Declines in February

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazilian industrial production decreased by 0.9 percent in February in relation to January, when it had registered a positive variation of 0.3 percent after two months of declines, according to data from the IBGE (Brazilian Statistical Bureau). In comparison to February of 2014, the survey […]

Gramado Wins Best Destination in Brazil Award in 2015

Gramado Wins Best Destination in Brazil Award in 2015

By Lisa Flueckiger, Contributing Reporter RIO DE JANEIRO, BRAZIL – Gramado, a picturesque town in the Serra Gaúcha of Rio Grande do Sul state, has been voted best destination in Brazil to visit by the users of travel website TripAdvisor. Second placed in this year’s Travelers’ Choice awards was Rio de Janeiro with São Paulo […]

Solar Energy Pilot Program to Be Tested in Brazil

Solar Energy Pilot Program to Be Tested in Brazil

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – To relieve the pressure on hydroelectric plants, which today supply more than seventy percent of Brazil’s electricity, the country’s government is testing a pilot project where solar energy will be used in hydroelectric reservoirs. The pilot project is expected to start within the next 120 […]

Even Without Rain São Paulo Cantareira Water Supply Rises

Even Without Rain São Paulo Cantareira Water Supply Rises

By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL – Despite recent rain in Rio de Janeiro state, water levels remain critically low in the Southeast of Brazil. However the level of the Cantareira System, the largest supply source of the metropolitan region of São Paulo, reached the 21st consecutive day high. Even without rain […]

Former Petrobras CEO Testifies Before Brazilian Congress

Former Petrobras CEO Testifies Before Brazilian Congress

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s former Petrobras CEO, Maria das Graças Foster, told a Congressional committee on Thursday (March 26th) that she felt ashamed about the widespread corruption scandal that has engulfed one of the country’s largest companies, but reiterated that she knew nothing about the bribes-for-contracts scheme. During […]

Brazil’s 2014 GDP Surprises Officials and Grows

Brazil’s 2014 GDP Surprises Officials and Grows

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s 2014 Gross Domestic Product results surprised government officials by growing 0.1 percent last year and totaling R$5.2 trillion (approximately US$1.7 trillion), according to the IBGE (Brazil’s Statistics Bureau). Earlier this week Brazil’s Central Bank had forecast a retraction of the GDP by 0.1 percent […]

Consumer Confidence in Brazil Falls to Historic Levels

Consumer Confidence in Brazil Falls to Historic Levels

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The latest consumer confidence survey in Brazil by the Instituto Brasileiro de Economia – IBRE (Brazilian Institute of Economy) at the Fundação Getulio Vargas Institute shows that the Consumer Confidence Index (CCI) retreated by 2.9 percent from February to March, going from 85.4 to 82.9 […]

Inflation Rate May Top Eight Percent in Brazil in 2015

Inflation Rate May Top Eight Percent in Brazil in 2015

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Financial analysts have increased forecasts for the annual inflation in Brazil for 2015 to 8.12 percent, according to the latest Focus Survey, released by the Central Bank. The previous survey forecast annual inflation at 7.93 percent. This is the first time this year that inflation […]

Water Crisis in Brazil May Have Led to Dengue Increase

Water Crisis in Brazil May Have Led to Dengue Increase

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The water shortage crisis in the Southeastern region has created another type of disaster, according to Brazilian health officials. With the campaigns to save and store available water, the incidence of people contracting dengue, a disease transmitted by mosquitoes, has surged. In January and February […]

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