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By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - Brazil's beleagured state-run oil company Petrobras registered a surprising surge in their latest earnings report on Friday, August 3rd, with net second quarter income soaring to US$2.68 billion (R$10.072 billion),...
By Stephanie Foden, Contributing Reporter RIO DE JANEIRO, BRAZIL – Salaries in Brazil rose and the jobless rate went down to 5.3 percent in August from 5.6 percent last month, slightly below what economists were predicting. This is the second...
By Ben Tavener, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s Municipal Human Development Index (MHDI) rose nearly fifty percent in twenty years, the Brazil 2013 Human Development Atlas has shown. Using data from the 1991, 2000 and 2010 censuses, the study by the United Nations...
By Mary Carroll, Contributing Reporter RIO DE JANEIRO, BRAZIL – In the same way that distinction can be drawn between the lower, middle and upper classes of most neighborhoods, the economic differences are becoming more apparent in some of Rio's...
By Sarah de Sainte Croix, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – In 2011 Brazil’s middle class was the biggest of all five of the country’s ‘official’ classes, comprising 54 percent of the population. In the last year...
By Sarah de Sainte Croix, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – As Brazil’s economy has boomed its poverty rates have halved over the last two decades according to some reports. The socialist policies of the current and previous...
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