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Tag: Business

SÃO PAULO, BRAZIL – While many Brazilians are trying to find ways to move permanently out of the country, Patricia Nunes Leigh and her company, Live in Brazil, is helping hundreds of foreigners become permanent residents in Brazil. Many, says...
SÃO PAULO, BRAZIL - The losses to the hotel sector in the month of April in Rio de Janeiro state, due to the pandemic of the Covid-19 and isolation measures, has been estimated at R$130 million, according to sector...
SÃO PAULO, BRAZIL – The cost of bringing the state of São Paulo to a total standstill may cost R$2 billion per week, according to estimates by economics professor Rodolfo Olivo. The state's governor, João Doria, has ordered the...
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...
SÃO PAULO, BRAZIL – This week the exchange rate between the Brazilian real and the US dollar surged, with the Brazilian currency falling by 0.30 percent on Monday to R$4.20/US$1. But as Brazilians planning to travel abroad over the...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Not even the auctions announced by Brazil’s Central Bank (BCB) on Friday night, after markets had closed, managed to hold the US currency’s appreciation in relation to the Brazilian real...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Financial institutions in Brazil reduced on Monday the country’s economic growth forecast for the eighth consecutive time this year, showed the Central Bank’s weekly Focus Survey. The estimate for this...
By Dorah Feliciano, Contributing Reporter BRASILIA, BRAZIL – The Brazilian Development Bank (BNDES) announced it is opening up a R$500 million credit line for independent truckers while the federal government declared it will invest R$2 billion for the construction, repair,...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Representatives of Vale workers who were victims of the break of the Feijão Dam, in Brumadinho, Minas Gerais are filing a collective action against the mining company. According to lawyer...

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