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Keiko Fujimori’s crusade to annul votes leads Peru to unusual tension

RIO DE JANEIRO, BRAZIL - The crusade of Keiko Fujimori (authoritarian right) to annul thousands of votes of the Peruvian presidential elections, whose virtual winner is far-left Pedro Castillo, generated an unusual tension this Friday when the Electoral Jury gave her permission to challenge minutes out of time, a...

Tourism in Brazil loses US$70 billion and 474,000 formal jobs to pandemic

RIO DE JANEIRO, BRAZIL - According to the National Confederation of Trade of Goods, Services, and Tourism (CNC), the sector was operating at about...

Concentration trend in Brazil’s airline industry rekindles airfare debate

RIO DE JANEIRO, BRAZIL - The economic disaster that befell the airline industry in the pandemic promises to change the configuration of the Brazilian...

Bolsonaro advocates hydroxychloroquine use during ceremony for low-income housing project

RIO DE JANEIRO, BRAZIL - President Jair Bolsonaro once again advocated the use of hydroxychloroquine for the treatment of Covid-19. On Friday afternoon, June...

Bank of America raises recommendation for Brazilian stocks from neutral to to buy

RIO DE JANEIRO, BRAZIL - Strategists highlighted a revision in their projections for Brazil's GDP, from a high of 3.4% to 5.2% in 2021,...

VP Mourão says Bolsonaro authorized new military operation in Brazil’s Amazon

RIO DE JANEIRO, BRAZIL - Brazil's Vice-President Hamilton Mourão said on Friday 11 that President Jair Bolsonaro has authorized a new operation by the...

Petrobras to sell 37.5% of BR shares; proceeds could reach RS$10 billion

RIO DE JANEIRO, BRAZIL - Petrobras has started the process of selling its remaining shares in BR Distribuidora. The state-owned company currently holds 37.50%...
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Concentration trend in Brazil’s airline industry rekindles airfare debate

RIO DE JANEIRO, BRAZIL - The economic disaster that befell the airline industry in the pandemic promises to change the configuration of the Brazilian...

Bank of America raises recommendation for Brazilian stocks from neutral to to buy

RIO DE JANEIRO, BRAZIL - Strategists highlighted a revision in their projections for Brazil's GDP, from a high of 3.4% to 5.2% in 2021,...

Petrobras to sell 37.5% of BR shares; proceeds could reach RS$10 billion

RIO DE JANEIRO, BRAZIL - Petrobras has started the process of selling its remaining shares in BR Distribuidora. The state-owned company currently holds 37.50%...

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The Rio Times is an English language publication dedicated to anyone interested in Brazil and Latin America. Beyond keeping up with national and local events, The Rio Times will also cover issues of specific interest to foreign nationals here. Our mission is to provide our readers with a broad spectrum of information and improve their understanding of Rio de Janeiro, São Paulo, Brazil, and Latin America.

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