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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 – Interest rate cuts led by public banks in Brazil in 2012 have given a much-needed boost to small-scale businesses in terms of those looking to gain access to credit. Agência...
By Lucy Jordan, Contributing Reporter BRASÍLIA, BRAZIL – Brazil cut its benchmark Selic interest rate to a record low of eight percent Thursday, in an attempt to boost an economy that has continued to falter in the face of various...
By Karen Shishiptorova, Contributing Reporter RIO DE JANEIRO – Within the last decade, the real estate market in Brazil has experienced a credit-fueled boom, in the midst of gradual interest decreases. Brazilians have begun to benefit from many mortgage...
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