Brazil’s Government Announces New Stimulus Plan
While some say that the measures are positive start, others claim it is a diversion from the escalating political turbulence...
December 16, 2016
Venezuela’s Representative Barred From Mercosur Meeting
Brazil, along with Argentina, Uruguay and Paraguay suspended the South American neighbor from the trade bloc at the beginning of...
December 15, 2016
Latin American Region to Register ‘Moderate’ GDP Growth in 2017
Region's recovery will be 'fragile' as long as the uncertainties continue, particularly the recently observed protectionist trends, say ECLAC officials.
December 15, 2016
Amidst Violent Protests, Economists in Brazil Applaud Spending Cuts
While protesters took to the streets in 17 cities, economists called it ‘the most relevant’ economic measure adopted by the...
December 14, 2016
Brazil’s Senate Proposes End of ‘Super Salaries’
Despite the Constitutional limit of R$33.700/month, some Congressional legislators receive ‘super salaries' ranging from R$ 52,700 to R$67,500.
December 14, 2016
Brazil’s Police Brace for More Protests of Spending Cap Bill
In addition to protests, opposition senators also vow to use all regimental rules in their favor to obstruct and delay...
December 13, 2016
Retail Sales Decline 8.2 Percent from Last Year in Brazil
The negative results seen in supermarkets, food and beverages, fuels and lubricants and pharmaceuticals sales led the indicator to negative...
December 13, 2016
Brazil’s Vale Authorized to Mine in Amazon State of Pará
The largest iron ore project in the history of Brazil’s mining industry, is located in the Carajás mining complex, the...
December 12, 2016
Thousands Gather for 21st Gay Pride Parade in Rio de Janeiro
This year’s parade called for approval of bill that would force public health system and private health plans to pay...
December 12, 2016