By Howard Borsden, Financial Advisor RIO DE JANEIRO, BRAZIL – If you worked in the UK and have left your pension in the UK, then now is the time to look at taking advice on transferring to a more tax efficient type of pension called QROPS (Qualifying Recognized Overseas Pension Schemes). The rules in the [...]
By Marcelo Duailibe, Contributing Reporter RIO DE JANEIRO, BRAZIL – Seven cities hit by the heavy rain in the north and northwest of the state of Rio de Janeiro are still in a state of emergency, even with the decreasing water levels of the rivers Pomba, Mariaé and Paraíba do Sul. The city of Santo [...]
By Brennan Stark, Contributing Reporter RIO DE JANEIRO, BRAZIL – American oil giant Chevron was banned from offshore drilling in Brazilian waters on November 23rd. The National Petroleum Agency (ANP) claimed Chevron’s drilling would remain suspended until the causes of the oil leak discovered November 8th approximately 230 miles (370km) off the coast of Rio [...]
By Brennan Stark, Contributing Reporter SÃO PAULO, BRAZIL– The final race of the Formula One season was held at the Autódromo José Carlos Pace racetrack in Interlagos, São Paulo, on November 27th. After a brief two-year gap during which the last race of the 2009 and 2010 seasons was held in Abu Dhabi, the Brazilian [...]
By Brennan Stark, Contributing Reporter RIO DE JANEIRO, BRAZIL – A ferry carrying over 900 people crashed into a dock near the Praça Quinze (XV Square) pier in Rio de Janeiro Monday afternoon. At least 65 on board were hospitalized, but there were no reported deaths. The Transportation Regulation Agency (Agetransp) and the Port Authority [...]
By Brennan Stark, Contributing Reporter RIO DE JANEIRO, BRAZIL – A reported 13,000 families throughout the Rocinha and Vidigal favelas will receive legal titles to their property in 2012. An estimated one-third of all families in Rocinha and one-half of those living in Vidigal will have their properties regularized by the state Department of Housing. [...]
By Anna Fitzpatrick, Contributing Reporter SÃO PAULO, BRAZIL – With the eyes of the world on Rocinha for the past week, many in Brazil are now also looking at what’s going on in the favela communities in the country’s biggest city, São Paulo. Not only does SP have the largest number of favelas, it also [...]
By Lauren Vita Sgarlato, Contributing Reporter RIO DE JANEIRO, BRAZIL – With living costs skyrocketing in Rio in recent years, for many it is time to consider options beyond Zona Sul (South Zone). Much more affordable real estate can be found in Zona Norte (North Zone) which is quickly becoming more appealing, and with its [...]
Opinion, by Michael Royster RIO DE JANEIRO, BRAZIL – DROP # 1. The first drop in the ocean was an underwater oil leak, in the Frade Field near a well being drilled by Chevron about 100 miles offshore. The leak set off a feeding frenzy among federal and state authorities, self-proclaimed experts and of course [...]
Opinion, by Eduardo Athayde RIO DE JANEIRO, BRAZIL – While awaiting for the Brazilian high-speed rail (HSR) between the mega-cities of Rio and São Paulo, it’s interesting to overview what is happening worldwide. HSR surges around the world, and the number of countries running these trains is expected to nearly double over the next few [...]
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