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By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Unable to obtain the expected revenues Brazil’s federal government announced on Tuesday it was increasing the nation’s budget deficit target by R$20 billion this year, from R$139 billion to R$159...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – A week after Brazil’s government presented a forecast of a deficit in its 2016 budget, rankings agency, Standard & Poor’s downgraded the country’s long-term foreign and local currency sovereign ratings...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – With the third phase of the government’s Minha Casa, Minha Vida (My House, My Life) housing project scheduled to be launched on Thursday, September 10th, government officials are signaling that...
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