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Tag: economics

By Jack Arnhold, Contributing Reporter RIO DE JANEIRO, BRAZIL – Alberto Ramos, head of the Latin America Economic Research team in the Global Investment Research Division of Goldman Sachs, has called for an "ambitious reform agenda" in order to unlock...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - Despite the strong showing for Jair Bolsonaro and his pro-market reform party in Sunday’s general election in Brazil, the economy is expected to grow less in 2018 and next year,...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - Despite the financial troubles facing the country, Brazil’s federal government announced that as of January 1, 2017 the minimum wage will increase to R$937.00 per month (US$287.89), which corresponds to...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL - The unemployment rate in Brazil during the third quarter of the year remained stable at 6.8 percent, according to the IBGE (Brazilian Statistical Institute) through its quarterly National Household Survey...
By Michela DellaMonica, Contributing Reporter RIO DE JANEIRO, BRAZIL — While government figures for national inflation hovered around 5.91 percent at the close of 2013, the cost of many everyday items seems to be increasing much faster. According to...
By Maria Lopez Conde, Senior Contributing Reporter SÃO PAULO, BRAZIL - A delegation of Brazilian businessmen and ministers headed by the vice president Michel Temer are visiting China in an effort to strengthen relations between the two countries. It is...
By Kristen Nozell, Contributing Reporter RIO DE JANEIRO, BRAZIL – For numbers that have been consistently negative throughout the course of the year, new data released by the Institute of Studies for Industrial Development (IEDI) on Monday finally bears some...
By Maria Lopez Conde, Senior Contributing Reporter SÃO PAULO, BRAZIL – Economists from a range of financial institutions have lowered their economic growth forecasts for Brazil this year, predicting a weak GDP but also lower inflation than previously expected, according...
By Maria Lopez Conde, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s stock exchange, the Bovespa, suffered a 22 percent loss in the first six months of this year, making it its worst semester since the financial crisis struck...

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