Tag: Wealth

By Stephanie Foden, Contributing Reporter SÃO PAULO, BRAZIL – The Securities Commission of Brazil, CVM, announced it is investigating Brazilian tycoon Eike Batista and top executives at OGX, Batista’s flagship oil company. Investors accuse the magnate, once Brazil’s richest man,...

By Mary Carroll, Contributing Reporter RIO DE JANEIRO, BRAZIL – In the same way that distinction can be drawn between the lower, middle and upper classes of most neighborhoods, the economic differences are becoming more apparent in some of Rio's...

Editorial RIO DE JANEIRO, BRAZIL – We hear constantly how well the Brazilian economy is doing, and it is hard to find any reports to the contrary. The economic growth is an amazing achievement for a country jokingly referred...