Tag: Finances

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – President Dilma Rousseff has until Wednesday, July 22nd, to present her defense to the country’s audit court (Tribunal de Contas da União – TCU) of budget practices which could be...
By Ben Tavener, Senior Contributing Reporter SÃO PAULO, BRAZIL – The 2012 growth forecast for the Brazilian economy has been cut for the third consecutive week by market analysts, falling dramatically from the previous estimate of 1.5 percent to just 1.27...
By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Investing in Brazil’s concession plans, which represent billions of reais of infrastructure contracts, could provide the answer for troubled European economies, Brazilian President Dilma Rousseff has said during an...
By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The president of Brazil’s Banco Central (Central Bank, BC) Alexandre Tombini has signaled that Brazil will continue to defend itself from short-term capital flows that threaten to destabilize its...
By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazil’s Banco Central (Central Bank, BC) has reduced its compulsory reserve requirements for the country’s banks, freeing up some R$30 billion (US$15 billion) of the R$380 billion (US$189 billion)...
By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The modest recovery seen in Brazil's economy could be jeopardized by the marked slowdown being witnessed in China, Brazil’s biggest importer, market experts have said. The warnings came after...
By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazil’s Banco Central (Central Bank, BC) has revealed that foreign investors have dramatically reduced the amount of capital they are investing in Brazil: a forty percent drop has been registered...
By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Some 58.2 percent of Brazilians use their monthly salary to pay off “installment debt,” according to a new survey by the Instituto Brasileiro de Economia (Brazilian Institute of Economics, Ibre-FGV). Yet...
By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – According to economists, political experts and business figures, the current blip in the Brazil’s financial progress will be short-lived, and booming growth will be back in the next few...

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