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By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - After positive results from the New Year's Eve holiday in Rio, there is optimism in the hotel industry for Carnival this year, with Brazilian Association of the Hotel Industry of...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - The IPCA inflation index reached 10.32 percent in February over the last twelve months, while Rio de Janeiro rental list prices fell 9.07 percent in the same period, according to...
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 Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Some 58.2 percent of Brazilians use their monthly salary to pay off “installment debt,” according to a new survey by the Instituto Brasileiro de Economia (Brazilian Institute of Economics, Ibre-FGV). Yet...
By Jaylan Boyle, Contributing Reporter RIO DE JANEIRO - The Brazilian Real finished the last quarter as the second best performer among the 16 most-traded currencies worldwide, just behind the South African Rand. The gain in value is the largest...
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