Tag: Brazil Central Bank

By Richard Mann, Contributing Reporter SÃO PAULO, BRAZIL - Parque da Independência (Independence Park) is a famous and one of the most remarkable sightseeing spots in São Paulo and in urgent need of restoration. The City of São Paulo finally signed...
By Xiu Ying, Contributing Reporter SÃO PAULO, BRAZIL - Larissa Rodrigues da Silva, a 21-year-old transsexual, was bludgeoned to death on Saturday (4th) at Alameda dos Tacaúnas, in the neighborhood of Saúde, in the South Zone of São Paulo. The...
By Xiu Ying, Contributing Reporter RIO DE JANEIRO, BRAZIL - Jair Bolsonaro ruled out any possibility of regulating the media in the country. This move may come as a surprise to many, who were convinced Brazil was heading for censorship. "In...
By Richard Mann, Contributing Reporter RIO DE JANEIRO, BRAZIL - The Monetary Policy Committee (Copom) of the Central Bank (Banco Central) will hold its third meeting in 2019 today (7th) to set the basic interest rate, (the Selic), currently at...
By Maria Lopez Conde, Senior Contributing Reporter SÃO PAULO, BRAZIL – Economists from a range of financial institutions have lowered their economic growth forecasts for Brazil this year, predicting a weak GDP but also lower inflation than previously expected, according...
By Jewellord T. Nem Singh, Contributing Reporter RIO DE JANEIRO – Brazil has registered a deficit of USD$23.76 billion in its current accounts for June, corresponding to 2.47 percent of the country's GDP. At a time of general economic optimism...
By Carlos Graffigna, Contributing Reporter RIO DE JANEIRO - According to statistics by ABAC - Associação Brasileira de Administradoras de Consórcios (Brazilian Association of Consortiums Administrators), the Consorcios is utilized in almost one third of real estate transactions. A “Consorcio” as...
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