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Tag: Default

RIO DE JANEIRO, BRAZIL - According to a survey by the Fecomércio Institute of Research and Analysis (IFEC), the level of default by companies in Rio reached an impressive 67.3% over the past 3 months. Among this percentage, 42.8%...
SÃO PAULO, BRAZIL – Fernando Albuquerque, 32 years old, has been looking for a permanent job for the past eighteen months. While he looks, Albuquerque continues to accept odd jobs at construction sites or remodeling firms. As his bills...
By Lise Alves, Senior Contributing Report SÃO PAULO, BRAZIL – The finance minister for Brazil, Guido Mantega, stated on Thursday that the impacts of Argentina’s latest financial woes on the Brazilian economy are likely to be almost null. Argentina is...
By Mary Bolling Blackiston, Contributing Reporter RIO DE JANEIRO, BRAZIL – Apple launched a campaign this Friday (April 25th) in the U.S. and Canada to correct a defect of the iPhone 5, the campaign will arrive in Brazil on...
By Ben Tavener, Senior Contributing Reporter SÃO PAULO, BRAZIL – With Christmas less than two weeks away and extra cash in shoppers’ pockets thanks to the government-mandated thirteenth salary, Brazilians have been hitting the stores and spending record sums. Yet given...
By Helen Trouten Torres, Contributing Reporter RIO DE JANEIRO, BRAZIL - New research released this month adds weight to the reports that Brazil’s economic growth is largely being fueled by credit markets. The research by APAS (Paulista Association of...

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