Tag: political turbulence

By Lise Alves, Senior Contributing ReporterSÃO PAULO, BRAZIL – Despite the current political turbulence in Brasilia, Brazil’s main stock market, the Bovespa Index (IBOVESPA), registered a record volume for the second day in a row on Tuesday, closing a...
By Lise Alves, Senior Contributing ReporterSÃO PAULO, BRAZIL – A report released on Monday (July 17th) by the World Trade Organization (WTO) says that the Brazilian economy will have a gradual recovery in 2017, but growth will be weak...
By Lise Alves, Senior Contributing ReporterSÃO PAULO, BRAZIL – The Brazilian economy continues to show signs of recovery and growth despite the current political turbulence, according to Finance Minister Henrique Meirelles. According to the official Meirelles the markets are...
By Lise Alves, Senior Contributing ReporterSÃO PAULO, BRAZIL – The Central Bank (CB) of Brazil lowered the country’s benchmark interest rate (SELIC) by one percentage point on Wednesday, to the lowest level since January of 2014. The decrease, expected...
By Lise Alves, Senior Contributing ReporterSÃO PAULO, BRAZIL – Trying to attract investors to the country, Brazilian President Michel Temer told a room full of foreign investors on Monday that Brazil has surpassed the worst recession in decades and...
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