Foreign Direct Investments Down in Brazil: Daily

Foreign Direct Investments Down in Brazil: Daily

Lise Alves, Contributing Reporter SÃO PAULO, BRAZIL – Foreign direct investment (FDI) inflows in Brazil decreased by two percent in 2013, in comparison to 2012, and the country fell from fourth to fifth in the United Nations Conference on Trade and Development (UNCTAD) FDI ranking. These latest FDI results were included in the Global Investment […]

Brazil Central Bank Forecasts Higher Inflation, Lower GDP: Daily

Brazil Central Bank Forecasts Higher Inflation, Lower GDP: Daily

By Lise Alves, Contributing Reporter SÃO PAULO, BRAZIL – The Banco Central (BC, or Central Bank) in Brazil released its Second Quarter Inflation Report Thursday forecasting higher inflation and lower GDP for 2014. The BC decreased its forecast for Brazil’s GDP growth from 2 to 1.6 percent this year. Due to the drought registered at […]

World Cup Generates Jobs and Boosts Economy in Brazil

World Cup Generates Jobs and Boosts Economy in Brazil

By Lise Alves, Contributing Reporter SÃO PAULO, BRAZIL – The 2014 World Cup in Brazil has generated nearly one million jobs in the country and will inject approximately R$30 billion in the economy, shows a recent survey conducted by FIPE (Economic Research Institute Foundation) for Brazil’s Ministry of Tourism. For Vicente Neto, president of Embratur […]

Brazil Soybean Exports Setting New Record: Daily

Brazil Soybean Exports Setting New Record: Daily

By Lise Alves, Contributing Reporter SÃO PAULO, BRAZIL – Foreign sales of soybean by Brazil have set records during this first half of 2014, consolidating the country as the second largest soybean exporter in the world, only behind the United States. According to Secex (Foreign Trade Department at the Development, Industry and Foreign Trade Ministry) […]

Protest March in São Paulo Turns Violent: Daily

Protest March in São Paulo Turns Violent: Daily

By Lise Alves, Contributing Reporter SÃO PAULO, BRAZIL – A peaceful march to mark the anniversary of the 2013 protests against transportation tariff increases turned violent Thursday night after a group calling themselves members of the black bloc burned trash and cardboard boxes in the streets, trashed an automobile dealership and broke the window fronts […]

Electronics and Appliances Industry Forecasts Slow for 2014

Electronics and Appliances Industry Forecasts Slow for 2014

By Lise Alves, Contributing Reporter SÃO PAULO, BRAZIL – Weak consumer demand in the first half of 2014 have led many industries in Brazil to decrease production and announce employee furloughs for the months of June or July. With much of the first quarter’s production still on store shelves, many companies in the electronics and […]

Museu do Futebol in São Paulo: For Die-Hard Fans

Museu do Futebol in São Paulo: For Die-Hard Fans

By Lise Alves, Contributing Reporter SÃO PAULO, BRAZIL – In between World Cup games, die-hard football (soccer) fans visiting in São Paulo can better understand why Brazilians have a passion for the sport at the Museu do Futebol, located at the entrance of the Pacaembu Stadium. The museum shows the history of football, Brazilian football […]

Mobile Phone Infrastructure Tested During World Cup: Daily

Mobile Phone Infrastructure Tested During World Cup: Daily

By Lise Alves, Contributing Reporter SÃO PAULO, BRAZIL – During the opening ceremony and first game of the World Cup in São Paulo June 12th, more than 135,000 calls were made and more than one million pieces of data sent by mobile phones from spectators at the stadium. According to SindiTelebrasil (National Union of Telephone […]

Brazil Protests Against World Cup Before Match: Daily

Brazil Protests Against World Cup Before Match: Daily

By Lise Alves, Contributing Reporter SÃO PAULO, BRAZIL – For the 2014 FIFA World Cup opening match in Brazil, the day started with protests, but ended with samba. Protesters were up early on Thursday to denounce the high costs of the 2014 World Cup in several of the host cities. The number of people protesting […]

Threats of Strikes Loom over World Cup in Brazil

Threats of Strikes Loom over World Cup in Brazil

By Benjamin Parkin, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – On the eve of the World Cup, strikes continue to flare up across the country. In São Paulo, host of the opening game between Brazil and Croatia on Thursday, five days of metro strikes saw as much as fifty percent of the service closed, […]