Tag: Cuts

By Jack Arnhold, Contributing ReporterRIO DE JANEIRO, BRAZIL – When people think of Rio, museums are often not the first things that come to mind. However, Rio is rich in cultural centers and museums, containing a huge wealth and...
By Jack Arnhold, Contributing ReporterRIO DE JANEIRO, BRAZIL - The basketball school Escolinha FlaBasquete, set up by the State Department for Sports, Leisure, and Youth, in partnership with Flamengo Regatta Club, is providing over 500 children with free basketball...
By Lise Alves, Senior Contributing ReporterSÃO PAULO, BRAZIL – The budget for Brazil’s National Space Research Institute (INPE) has decreased by almost seventy percent in the last seven years, threatening the satellite program which monitors the deforestation of...
By Lise Alves, Senior Contributing ReporterSÃO PAULO, BRAZIL – Finance Minister Henrique Meirelles was in Washington D.C. on Thursday (October 12th) and said Brazil has the potential to grow by four percent per year - in the next three...
By Lise Alves, Senior Contributing ReporterSÃO PAULO, BRAZIL – The finance minister of Brazil, Henrique Meirelles, announced Wednesday, March 29th, measures that will allow the government to meet the primary result target for this year, which is a deficit...
By Lise Alves, Senior Contributing ReporterSÃO PAULO, BRAZIL – The government controlled oil giant of Brazil, Petrobras, announced it has reduced its forecast for investments this year and next year. According to the company, investments will be reduced by...
By Lise Alves, Senior Contributing ReporterSÃO PAULO, BRAZIL – The government in Brazil is expected to start announcing measures today (Friday, September 11th), to cut expenses so that it may reduce the deficit forecast for the 2016 budget, said...
By Sarah de Sainte Croix, Senior Contributing ReporterRIO DE JANEIRO, BRAZIL – The Brazilian government has an announced an aggressive program of budget cuts totaling R$55 billion for 2012. The aim is to allow inflation to fall and to...
By Ben Tavener, Senior Contributing ReporterRIO DE JANEIRO, BRAZIL – As Brazilian President Dilma Rousseff summoned her government to the annual ministerial meeting on Monday to take stock of the past year, and set out plans and goals for...
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