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Tag: Finance

By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - As Brazil's divisive 2018 election draws near, the country's financial markets surged on Tuesday, October 2nd, on the back of reports that support for controversial right-wing presidential candidate Jair Bolsonaro...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - The Conselho Deliberativo do Fundo de Amparo ao Trabalhador (CODEFAT, Deliberative Council of the Worker Support Fund) approved yesterday (May 9th) the creation of a $5 billion line of credit...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - At the crescendo of negative news about the Latin American giant and BRICS member, some savvy investors are realizing the 'Brazil is for sale', and there may be no better...
By Chesney Hearst, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – A spokesperson for Rio de Janeiro Governor Sérgio Cabral said over the weekend that Police Pacification Unit (UPP) projects are not in jeopardy following last week's announcement that millionaire...
By Ben Tavener, Senior Contributing Reporter SÃO PAULO, BRAZIL – After celebrating becoming the world’s sixth largest economy and relegating the UK to the number seven spot at the end of 2011, Brazil’s economy has slid back to its previous...
By Ben Tavener, Senior Contributing Reporter SÃO PAULO, BRAZIL – The 2012 growth forecast for the Brazilian economy has been cut for the third consecutive week by market analysts, falling dramatically from the previous estimate of 1.5 percent to just 1.27...
By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Finance Minister Guido Mantega has chided Western central banks over money-printing and other stimulus measures, and warned that Brazil could impose taxes on speculative foreign capital to avoid its...
By Lucy Jordan, Senior Contributing Reporter BRASÍLIA, BRAZIL – Finance Minister Guido Mantega revised Brazil’s economic growth forecast for this year to two percent Thursday, from an earlier estimate of three percent. The downgrade comes as a response to...
By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazilian President Dilma Rousseff is widely expected to unveil a plan to reduce energy bills, for industry and consumers, aimed at helping to stimulate the country’s struggling economy. She has also...

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