Brazil’s Petrobras to Sell US$13.7 Billion in Assets
Assets to be sold will help the company reduce its net debts and preserve its cash flow.
March 3, 2015Topic
Debt
Brazil Slashes R$44 Billion from 2014 Budget: Daily
The Brazilian ministry of finance has announced that they will cut R$44 billion (US$18.5 billion) from the 2014 budget.
February 22, 2014
Petrobras Announces Fuel Price Hike in Brazil: Daily
Petrobras announced that the state-controlled oil company would be increasing fuel prices for the third time this year.
December 2, 2013
Inflation Worry Highest Since 2001: Daily
According to Brazil’s National Consumer Expectations Index, the INEC, concern surrounding inflation among Brazilians is at its highest level since...
July 30, 2013
Brazil to Cancel US$900M in African Debt
In the latest in a raft of measures to strengthen economic ties between Brazil and Africa, Brazil will write off...
May 28, 2013
Retail Slumps with Consumer Confidence
Brazil’s retail sales have seen their first annual drop in almost a decade, prompting debate about whether Brazil’s consumer boom...
May 14, 2013
Petrobras Concerns Despite Q4 Surge
Government-imposed price caps on fuel sold in Brazil continue to cause difficulties for Petrobras, despite a surge in income during...
February 12, 2013
Petrobras Announces Six New Platforms
Petrobras will put six new oil platforms into operation in 2013, adding around 840,000 barrels of oil daily to the...
December 25, 2012
Food Prices Up 20 Percent for Christmas
The prices of typical holiday food like chicken, pork and bacalhau, or salt cod, typically eaten by Brazilians on Christmas...
December 18, 2012