Tag: Recession

RIO DE JANEIRO, BRAZIL - Peru's economic activity measured by production increased 12.94% in July over the same month of 2020, due to the recovery in almost all sectors, after overcoming the recession caused by the coronavirus pandemic, the...
RIO DE JANEIRO, BRAZIL - Argentina’s economic activity fell 2.2% in the last month of 2020 versus a year earlier, better than the average 2.6% fall analysts had forecast, while activity was down 10% for the full year, also...
By Jack Arnhold, Contributing Reporter RIO DE JANEIRO, BRAZIL – Alberto Ramos, head of the Latin America Economic Research team in the Global Investment Research Division of Goldman Sachs, has called for an "ambitious reform agenda" in order to unlock...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The president of Brazil, Michel Temer, will be attending this week’s World Economic Forum in Davos Switzerland and trying to attract back foreign investors to the country. According to officials,...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Despite the deep economic recession facing the country, Brazil led foreign direct investment (FDI) inflows in Latin America, obtaining 47 percent of total direct investment in the region, approximately US$78.9...
By Lise Alves, Senior Contributing Reporter SÃO 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 Reporter SÃO PAULO, BRAZIL – Brazilian industry production fell again in April after slightly recovering in March according to the National Confederation of Industry (CNI). A CNI survey released on Wednesday shows that both production...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Despite an United Nation’s report stating that Brazil is likely to grow only 0.1 percent this year, limiting the total economic growth of the region, Brazil’s finance minister Henrique Meirelles...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Gross Domestic Product (GDP) in Brazil closed 2016 with a retraction of 3.6 percent, making this current recession (2015-2016) the biggest the country has faced since 1947 when the...

LATEST NEWS

WEATHER

Rio de Janeiro
broken clouds
21.2 ° C
22.2 °
20 °
89 %
2.6kmh
75 %
Sun
27 °
Mon
27 °
Tue
29 °
Wed
26 °
Thu
25 °