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Tag: Brazilian Economy

RIO DE JANEIRO, BRAZIL - The novel coronavirus pandemic has sharpened the decline in profitability of Brazilian companies to its lowest level since 2009. The profitability rate is even lower than the cost of capital, which represents the cost of...
RIO DE JANEIRO, BRAZIL - Driven by the hike in food prices and airline tickets, the National Broad Consumer Price Index (IPCA), considered the country's official inflation for many contracts, including residential leases, rose by 0.86 percent in October, above...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - Despite the strong showing for Jair Bolsonaro and his pro-market reform party in Sunday’s general election in Brazil, the economy is expected to grow less in 2018 and next year,...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The federal government in Brazil announced a freeze on all spending except earmarked expenditures, for the last month of the year, which would mean savings of nearly R$11.9 billion in...
By Shalina Chatlani, Contributing Reporter RIO DE JANEIRO, BRAZIL – Expatriates in Brazil are facing the dilemma of whether or not to bring dollars, sterling or other hard currencies into the country to potentially take advantage of the weaker...
By William Jones, Contributing Reporter RIO DE JANEIRO, BRAZIL - Barra da Tijuca’s photography atelier Storm Studios, although only seven months in business, is already proving an entrepreneurial success in the city. Founded by Harry Taylor, from Oxford, England, the...
By William Jones, Contributing Reporter RIO DE JANEIRO, BRAZIL - International credit rating firm Moody's has cut Brazil's credit outlook from ‘positive’ to ‘stable’, despite the South American giant’s economy showing signs of a recovery over the past six months....
By Lisa Flueckiger, Contributing Reporter RIO DE JANEIRO, BRAZIL – The manufacturing sector in Brazil helped to boost the flagging economy in the second quarter of 2013 and led to slightly increased GDP forecasts for the entire year. However, the...
By Jack Whibley, Contributing Reporter RIO DE JANEIRO, BRAZIL - Tourists from Brazil and abroad are predicted to spend R$25 billion at next year’s month-long football (soccer) World Cup, according to estimates from the Brazilian Tourism Ministry, Embratur. The total...

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