Peru Confiscates R$190 Million in Assets of 8 Brazilian Firms
Among the eight companies involved in the Lava Jato (Car Wash) corruption scandal operating in Peru are Odebrecht, Queiroz Galvão...
February 20, 2017
Cruise Ships Arriving in Rio Bring US$18 Million for Carnival 2017
From January-April, 2017, 93 vessels are scheduled to dock at Pier Mauá with 350,000 people and are expected to inject...
February 20, 2017
Brazil’s Carnival to Register Worst Revenues in Three Years
Rio de Janeiro is the state expected to register the greatest movement of resources, with an expected circulation of R$2.4...
February 17, 2017
Officials From 15 Countries in Brazil to Discuss Corruption
In the two-day meeting in Brasilia, prosecutors will discuss the corruption scandal perpetrated in their countries by Brazilian conglomerate Odebrecht.
February 16, 2017
Brazil Hopes FGTS Fund Will Inject R$30 Billion into Economy
Nearly 30.2 million workers are eligible to withdraw the amounts deposited in their inactive workers’ fund (FGTS).
February 16, 2017
Brazil’s Supreme Court Accepts Temer’s Cabinet Nominee
Moreira Franco's appointment as Secretariat General shields him from possible prosecution by lower courts in Lava Jato case.
February 15, 2017
U.S. Dollar Closes at Lowest Value in 19 Months in Brazil
Not even the possible decision by U.S. Fed to raise US interest rates helped the North American currency in Brazil...
February 15, 2017
Brazil’s President Temer Authorizes Armed Forces in Rio
Despite downplaying protests by military officers' families, Rio de Janeiro asked federal government for help until after Carnival.
February 14, 2017
Economic Crisis to Push 3.6 Million Brazilians Into Poverty
World Bank report shows that 'new poor' will come from urban areas and calls on Bolsa Familia welfare program to...
February 14, 2017