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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...
By Jack Whibley, Contributing Reporter RIO DE JANEIRO, BRAZIL - World Youth Day (WYD), which officially began on July 23rd, is expected to boost the Brazilian economy to the tune of over a billion reals according to the country’s Tourism...
By Brennan Stark, Contributing Reporter RIO DE JANEIRO, BRAZIL - The U.S. dollar rose 1.78 percent against the Brazilian real according to Monday's closing figures. The rise effectively leaves the dollar worth just over R$1.70, its highest level since December...
By Brennan Stark, Contributing Reporter RIO DE JANEIRO, BRAZIL - Brazil's economy is expected to stabilize at its current level before accelerating later in the year, but Finance Minister Guido Mantega announced it will likely end 2011 with a growth...
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