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Tag: News

SÃO PAULO, BRAZIL – The Ministry of Economy announced on Tuesday, January 14th, that the government intends to sell about 300 public assets in 2020, bringing in over US$36 billion. The assets include state-owned companies, such as Eletrobras, subsidiaries...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Petrobras announced that it is not renewing sponsorship contracts for thirteen large cultural projects around the country. According to Petrobras, the budget for sponsoring the arts is smaller due to the...
RIO DE JANEIRO, BRAZIL – The announcement on Thursday, March 21st, that The Rio Times would close down has prompted Swiss businessman Matthias Camenzind to make an offer to take over the paper, which has now been accepted by...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – In a surprising decision the three largest soft drink companies in Brazil have announced that starting in August they will no longer distribute soft drinks at cafeterias and snack bars...
Editorial, by Stone Korshak RIO DE JANEIRO, BRAZIL – Many of our regular heavy readers may have noticed something new on The Rio Times web site, which started as a "soft launch" earlier this month. After reading more than...
Opinion, by Michael Royster RIO DE JANEIRO, BRAZIL - The Curmudgeon, who likes to think of himself as a polyglot, has been humbled. Last week, broad circulation newspapers use two words which the Curmudgeon knew not. The first was “ilação”,...
By Kate Rintoul, Contributing Reporter RIO DE JANEIRO, BRAZIL — Speaking in Rio on Wednesday (August 20th), Gustavo Ungaro, president of the National Council of Internal Control (CONACI), defended the proposed amendment to the constitution (known as PEC 45) that...
By Kate Rintoul, Contributing Reporter RIO DE JANEIRO, BRAZIL – The first census undertaken in the Complexo da Maré has shown a growing local economy with 3,000 businesses providing income for 9,000 residents. The findings will be showcased at a...
By Kate Rintoul, Contributing Reporter RIO DE JANEIRO, BRAZIL – On Saturday, June 28th, Mille Ballai, the 34 year-old charismatic co-owner of the Alto Vidigal hostel died from a head trauma resulting from a serious altercation. Police found valuables, including...

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