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Tag: Brazilian Economy

RIO DE JANEIRO, BRAZIL - The exploration plans for the Alcântara aerospace base enter a new phase with the launching, in the next few days, of a public call for bids from companies interested in revamping and expanding the...
RIO DE JANEIRO, BRAZIL - The president of the Brazilian Society of Retail and Consumption, Eduardo Terra, evaluates 2021 as a year of accommodation. Many Brazilian franchisors have put their foot on the brake in the internationalization process. "Until the...
RIO DE JANEIRO, BRAZIL - The Minister of Economy, Paulo Guedes, warned President Jair Bolsonaro that the 2021 budget would be "unfeasible" with the accounting maneuvers approved by Congress to accommodate the festival of parliamentary amendments. Calculations of the economic...
RIO DE JANEIRO, BRAZIL - (AFP) Brazilian plane-maker Embraer said Friday, Februry 12th, it delivered 130 jets last year, down nearly 35 per cent from 2019, the latest sign of the heavy toll the coronavirus pandemic has taken on...
RIO DE JANEIRO, BRAZIL - With no room to meet truckers' demands, President Jair Bolsonaro announced on Friday, February 5th, that he is considering a bill for the Tax on the Circulation of Goods and Services (ICMS), a state...
RIO DE JANEIRO, BRAZIL - Foreign direct investments in the Brazilian economy totaled US$34.167 billion in 2020, down 50.6% from 2019, the Central Bank reported on Wednesday, January 27th. It was the lowest inflow of direct investments into the Brazilian...
RIO DE JANEIRO, BRAZIL - Brazilian financial and market analysts upgraded their economic growth forecast for 2021, from 3.41% to 3.45%, and maintained the projection at 2.5% for 2022, the Central Bank of Brazil announced Monday, January 18th. According to...
RIO DE JANEIRO, BRAZIL - Retail sales in Brazil, one of the engines of the country's economy, fell by 0.1 percent in November 2020 against October, ending six consecutive monthly increases, the Brazilian Institute of Geography and Statistics (IBGE)...
RIO DE JANEIRO, BRAZIL - Brazilian consumer confidence fell in December for the third month in a row, due to a more negative perception of the current situation and the coming months, according to a report released Tuesday, December...

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