Richard Mann
Richard Mann is a German native and has worked as a freelance journalist for many years. He travels all over Brazil and is mainly interested in business, art, and culture and also likes to write articles about spiritual topics and unusual events.
Guedes Blames Bullish Dollar on Media ‘Fuss’
RIO DE JANEIRO, BRAZIL - The Minister of Economy, Paulo Guedes, blamed the press for the dollar's upward spiral.
According to Guedes, the "fuss" caused...
Brazil’s GDP Grew Only 1.1 Percent in 2019, Reports IBGE
RIO DE JANEIRO, BRAZIL - Brazil's GDP (Gross Domestic Product) grew 1.1 percent in 2019, according to data released on Wednesday, March 4th, by...
OLX Brasil Purchases Zap Group for Approximately R$2.9 Billion
RIO DE JANEIRO, BRAZIL - OLX Brasil, a major platform for the sale of new and used items, has just purchased the premium platform...
Dollar Rises for 10th Consecutive Day and Closes at New Record R$4.511
RIO DE JANEIRO, BRAZIL - The commercial dollar hit its 10th consecutive high, up 0.54 percent, and closed the day quoted at R$4.511 on...
Bankruptcy Petitions Drop 42 Percent in February, Says Credit Analyst Boa Vista
RIO DE JANEIRO, BRAZIL - Bankruptcy petitions dropped 42 percent in February compared to January, according to national data from Boa Vista. Compared to...
Market Starts Considering Possible SELIC Rate Cut Amid Coronavirus Concerns
RIO DE JANEIRO, BRAZIL - With an eye on the consequences of the coronavirus epidemic on the global economy and particularly on Brazilian activity,...
UBS Optimistic About Brazilian Stock Market, Rejecting Comparison to 2008 Crisis
RIO DE JANEIRO, BRAZIL - The sharp drop in world stock markets, including that of Brazil, over the past week may have spooked a...
Commodities Experience Worst Demand Shock Since 2008, Says Goldman Sachs
RIO DE JANEIRO, BRAZIL - The world is facing the greatest commodity demand shock since the global financial crisis as a result of the...
Dollar Closes Near R$4.49, in 8th Consecutive Record High
RIO DE JANEIRO, BRAZIL - The dollar started March at an eight consecutive nominal high against the Brazilian currency, nearing R$4.49, after an earlier...
Latin America Tries Turning Page on Turbulent 2019, Seeking Reforms in 2020
RIO DE JANEIRO, BRAZIL - Although each case has its own institutional, social, economic and political characteristics, in general terms we can speak of...
Brazil’s “King of the Stock Market” Is Loving the Drop in Stock Prices
RIO DE JANEIRO, BRAZIL - On Ash Wednesday, February 26th, the day Brazilian companies lost R$290.2 billion (US$72.6 billion) in market value on the...
AIDS Drugs Cure Coronavirus Patient in Spain
RIO DE JANEIRO, BRAZIL - The application of lopinavir/ritonavir, also used to fight HIV infections, along with interferon beta, a protein that helps cells...
China’s Industry Sees Worst Performance in History with Advancing Coronavirus
RIO DE JANEIRO, BRAZIL - Amid the global surge in Covid-19 (coronavirus) cases, industrial activity in China, the world's second-largest economy, dropped to an...
Brazil Stock Market Index IBOVESPA Drops Heavily in Week Marked by Coronavirus
RIO DE JANEIRO, BRAZIL - The week was short for the IBOVESPA, but the drops were large. The return to trading on Ash Wednesday...