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Tag: Fecomercio

SÃO PAULO, BRAZIL – The cost of bringing the state of São Paulo to a total standstill may cost R$2 billion per week, according to estimates by economics professor Rodolfo Olivo. The state's governor, João Doria, has ordered the...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Rio de Janeiro state officials expect over R$3.5 billion to circulate during the five-day Carnival festivities, according to the Federation of Commerce of Goods, Services and Tourism of the...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – As Brazil’s government announce the details of the much-awaited social security reform bill, presented to Congress on Wednesday, lines are being drawn, between those who approve of the new...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Retailers in Brazil could lose over R$10.5 billion this year due to national holidays, show the estimates from the São Paulo Commerce Federation (FecomercioSP). According to the entity, this volume...

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