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By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - According to the latest jobs report from Brazil's Ministry of Labor, Rio de Janeiro State has lost approximately 523,000 jobs since 2014, equivalent to the amount of formal jobs in...
By Jack Arnhold, Contributing Reporter RIO DE JANEIRO, BRAZIL – Work on the Line 3 extension to the VLT in Centro appears to have come to a stop, leaving an unfinished construction site on Avenida Marechal Floriano since the beginning...
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - According to the latest report from the Brazilian Association of Real Estate Developers (ABRAINC) released yesterday, October 23rd, approximately 42,000 new homes hit the market, and 68,600 homes were sold...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – A report by Brazil’s Ministry of Transparency and the General Comptroller of the Union (CGU) found that 56.4 percent of the Minha Casa, Minha Vida (My Home, My Life) apartments...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The government of Panama released a statement on Tuesday that Brazil’s Odebrecht conglomerate would have to compensate the country for the damages caused and would ‘take the necessary actions...
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - The road for Rio’s post-Olympic plans continues to be rocky as the final day for companies to submit bids to take over management of the immense Olympic Park site in...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - Construction has started on the development works to improve drainage and sanitation among other services, in Vila do Abraão (Abraão Village) on Ilha Grande, off the coast of Angra dos...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s Development Bank (BNDES) announced on Tuesday (October 11th) it suspended US$4.7 billion worth of overseas contract payments granted to those companies investigated by federal prosecutors in the Lava Jato...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The number of unemployed persons in Brazil continues to steadily rise, with the unemployment rate in the movable quarter ending in August 2016 (June, July and August), reaching 11.8 percent...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – A Rio de Janeiro audit court has ordered the state’s finance secretary to withhold more than R$198.5 million owed to construction companies due to irregularities found in an audit for...
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