Brazil’s Petrobras Sells Chilean Distribution Subsidiary
The sale is part of the cash-strapped company's on-going plan to sell off assets and reduce investments.
July 26, 2016
Russian Athletes in Limbo With IOC Decision for Rio’s Games
IOC said that it would let the individual International Federations decide whether or not to allow the Russian athletes to...
July 25, 2016
Brazil Arrests Ten for Terrorist Plan During Olympics
Authorities say ten Brazilians suspected of planning terrorist attacks in the city during the Games were amateurs.
July 22, 2016
IMF Calls for Brazil to Reform and Increase Taxes
The IMF calls the country not only to decrease expenditures but to increase taxes and continue to conduct structural reforms.
July 22, 2016
Brazilian Anti-Doping Lab is Reinstated for 2016 Olympics
Decision comes the day before 67 Russian track and field athletes are banned from Rio Games.
July 21, 2016
Rio Residents Boost Income by Renting Rooms During Olympics
Accommodation services, like Airbnb, have mande available thousands of rooms for visitors coming to see the Games, generating million dollar...
July 21, 2016
Court in Brazil Orders Block of WhatsApp, Again
For the third time in less than a year, the popular online messaging service, WhatsApp, was shutdown in Brazil by...
July 20, 2016
IMF Improves Brazil’s GDP Outlook for 2016 and 2017
According to the international organization, although Brazil's outlook is better, economic growth should only be seen in 2018.
July 20, 2016
As Brazil Tightens Airport Security, Travelers Face Delays
The country's domestic airports are tightening security for the Olympics, with passengers waiting as long as 45 minutes to go...
July 19, 2016