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Tag: Economic Crisis

RIO DE JANEIRO, BRAZIL - Despite vehicle sales in Latin America sliding 25% in 2020 in wake of the worldwide health pandemic and correlating economic crisis, the commercial fleet market fared much better. Based on data acquired from the most...
SÃO PAULO, BRAZIL – The Argentine crisis is having a strong impact on Brazilian Gross Domestic Product (GDP). The reason for this is the forty percent drop in Brazilian exports to Argentina in the first eight months of 2019...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazil’s vehicles exports this year may suffer due to the economic crisis in Argentina, according to Brazil’s National Association of Automobile Manufacturers. "Unfortunately, this year, vehicle exports will not register...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The delay of the transfer of funds from the Rio de Janeiro state government has postponed the return of classes at the Rio de Janeiro State University (UERJ) indefinitely. This...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The harshest economic crisis in Brazil in decades could push up to 3.6 million Brazilian back below the poverty line by the end of 2017, says a World Bank report...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The consolidated public sector in Brazil (federal, state, municipal and state-owned companies) registered a primary deficit of R$155.8 billion in 2016 according to the country’s Central Bank (CB). The deficit...
Editorial, by Stone Korshak RIO DE JANEIRO, BRAZIL - It has long been said that "Brazil is a country of the future... and always will be." However Rio de Janeiro has a much bigger image problem these days, and I'm...
By Sarah Brown, Contributing Reporter RIO DE JANEIRO, BRAZIL - The Árvore de Natal da Lagoa (The Lagoa Christmas Tree) has long been an iconic and festive symbol in the lead up to Christmas in Rio de Janeiro. Yet for...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The trip by Brazil’s President Dilma Rousseff to Congress for the start of the legislative year caused commotion, as expected, on Tuesday, with part of Congressional representatives defending the President...

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