Petrobras and Shell Lead Way in Brazil’s Pre-Salt Auction
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - Representatives from the oil industry’s heavyweights were in Rio de...
October 30, 2017Topic
Economy
Brazil’s GDP Grows by 0.2 Percent in Q2
An increase in household consumption, along with lower unemployment numbers, shows a slight recovery of the country's economy.
September 1, 2017
Brazil’s Temer Goes to China Seeking Investors
The President, who is attending the 9th BRICS summit in Xiamen, is expected to divulge the government's massive privatization plan...
August 29, 2017
Brazil Announces Massive R$44 Billion Privatization Plan
The Temer administration hopes to raise R$44 billion by selling its participation in airports, ports and highways.
August 24, 2017
Brazil Reduces 2018 Minimum Wage Forecast to R$969
The review of economic projections for 2018 led the government to reduce the minimum wage for the coming year last...
August 16, 2017
Brazil Has More Than 59 Million in Debt Shows Survey
The number represents 39.3 percent of the adult population and according to officials the number of debtors should continue high...
August 10, 2017
Brazil Raises Fuel Tax to Meet Annual Primary Fiscal Target
The government’s objective is to raise R$10.4 billion with the additional levy and meet the primary deficit fiscal target of...
July 21, 2017
WTO Expects Brazil to Register Gradual Economic Recovery
Overall international feeling that Brazil’s economic woes may be coming to an end, despite the political turbulence.
July 18, 2017
Brazil’s Senate Approves Controversial Labor Bill
The bill was voted on after a seven-hour sit-in by opposition senators, four of which were in the dark.
July 12, 2017