Drop in International Oil Prices Helps Brazil’s Trade Balance

Drop in International Oil Prices Helps Brazil’s Trade Balance

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The recent decline of international petroleum prices to a range between US$50-60 per barrel may bring benefits to the Brazilian trade balance, says Central Bank President Alexandre Tombini. Speaking on Wednesday, December 17th at a breakfast event with journalists in Brasilia, Tombini said from the […]

Brazil Consumer Protection Agency Sets Up for Christmas

Brazil Consumer Protection Agency Sets Up for Christmas

By Jay Forte, Contributing Reporter SÃO PAULO, BRAZIL – Traveling in Brazil can be an adventure and sometimes challenging but officials in the country’s largest airport hub are stepping up efforts to protect consumer rights over the holidays. Now those who want to complain about delays in flights, overbooking and baggage misplacement can turn to […]

Mercosur Partners Discuss Entry of Bolivia in Bloc

Mercosur Partners Discuss Entry of Bolivia in Bloc

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The 47th Mercosur Summit (Common Market of the South) starts on Wednesday, December 17th, with leaders of Brazil, Argentina, Paraguay, Uruguay and Venezuela discussing among other things the entry of Bolivia as the newest member of the group. The governments of Brazil, Venezuela, Uruguay and […]

Brazil a Top Exporter of Illicit Financial Flows in World

Brazil a Top Exporter of Illicit Financial Flows in World

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – A survey released Tuesday by Global Financial Integrity (GFI) reveals that Brazil is the seventh biggest exporters of illicit financial flows in the world, averaging US$21.71 billion of illicit flows per year for the past ten years. Although one of the top ten, Brazil was […]

Decisive Week in Brazil for Top Petrobras Executives

Decisive Week in Brazil for Top Petrobras Executives

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – This will be a decisive week for top executives at Brazil’s oil giant Petrobras, say analysts, as additional reports reveal that directors and even the company’s president, Maria das Graças Foster, have known for years that some of the company’s key directors were receiving bribes. […]

Special Measures for Air Travel During Holidays in Brazil

Special Measures for Air Travel During Holidays in Brazil

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – With nearly twenty million passengers expected to pass through Brazil’s main airports in a little less than a month, a joint effort by airport authorities and airline carriers at the country’s major flight hubs is under way to insure the passenger comfort and safety during […]

Rousseff Weeps With Final Report From Truth Commission

Rousseff Weeps With Final Report From Truth Commission

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazilian President Dilma Rousseff wept Wednesday as she was handed the final report on the crimes committed during the country’s military dictatorship prepared by the Comissão Nacional da Verdade (National Truth Commission). Rousseff’s voice faltered as she spoke about the parents and friends of those […]

Money Laundering Scheme in Brazil Indicts Twelve Executives

Money Laundering Scheme in Brazil Indicts Twelve Executives

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Federal Police in Brazil has indicted twelve executives from four construction giants being investigated in the Petrobras money laundering scandal. According to the government agency, a lobbyist for some of these companies has also been indicted. The indictments are the latest in a series […]

Unemployment Rate in Brazil Remains Stable in Q3/2014

Unemployment Rate in Brazil Remains Stable in Q3/2014

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The unemployment rate in Brazil during the third quarter of the year remained stable at 6.8 percent, according to the IBGE (Brazilian Statistical Institute) through its quarterly National Household Survey (Continuous PNAD). The result was the same as that of the second quarter (July-September) results, […]

Meat Prices Pressure Inflation Index Increase in Brazil

Meat Prices Pressure Inflation Index Increase in Brazil

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Consumer Price Index (IPCA) in Brazil rose by 0.51 percent in November according to the IBGE (Brazilian Statistics Bureau). The rate is higher than that registered in October (0.42 percent) but lower than in November of 2013 (0.54 percent). Meat prices increased for the […]

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