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.
Foreign Investors Pull R$44.8 Billion from Brazilian Stock Exchange by Early March
RIO DE JANEIRO, BRAZIL - By March 4th, foreigners had withdrawn R$44.8 (US$11.2) billion from the Brazilian Stock Exchange. The figure exceeds the amount...
‘Time to Really Start Worrying’, Says Manager of Allianz Global Investors
RIO DE JANEIRO, BRAZIL - The markets are unprepared for the severity of the consequences of the global spread of the coronavirus, and the...
Instability Affects Country Risk After Impacting Stock Exchange and Dollar
RIO DE JANEIRO, BRAZIL - Since the end of Carnaval, instability in the exchange and interest markets and in the Brazilian Stock Exchange has...
To Cushion Poor 2019, Brazil Government Celebrates Private Sector GDP Growth
RIO DE JANEIRO, BRAZIL - "Brazil is now really growing," says a Ministry of Economy advertisement on display this week, referring to the increase...
Coronavirus May Disrupt Car Production in Brazil, Says ANFAVEA
RIO DE JANEIRO, BRAZIL - ANFAVEA (national automakers' association) said on Friday, March 6th, that the production of vehicles may be stopped due to...
Brazilian Stock Exchange Slumps Over Four Percent, Index Closes below 100,000 Points
RIO DE JANEIRO, BRAZIL - The Brazilian stock market dropped more than four percent on Friday, March 6th, and the main stock index fell...
One Percent Yearly Growth Not Normal for Country Like Brazil, Says Treasury Secretary
RIO DE JANEIRO, BRAZIL - The Secretary of the National Treasury, Mansueto Almeida, said on Thursday, March 5th, that the country is experiencing "tremendous...
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...