Brazil Registers Worst 6-Month Primary Deficit in History
Earmarked expenditures continue to be a main problems with social security registering a deficit of R$61.2 billion for the first...
July 29, 2016Topic
Economy
Risk Agency Sees Economic Improvement in Brazil in 2016
Despite the forecast of improvement in economic growth in the months ahead, the number of job closings continues high.
July 28, 2016
Rio’s Olympics Expected to Run 43 Percent Over Budget
Once the events are over, the city country is expected to fall back to one of the worst recessions in...
July 26, 2016
IMF Calls for Brazil to Reform and Increase Taxes
The IMF calls the country not only to decrease expenditures but to increase taxes and continue to conduct structural reforms.
July 22, 2016
Brazil Reacts to U.K. Decision to Leave European Union
President Temer said that the plebiscite was an internal matter while Brazilian politicians fear a delay of E.U.-Mercosur agreements.
June 25, 2016
Domestic Airline Travel in Brazil Falls 8.2 Percent in 2016
In the first five months of 2016, domestic Brazilian airlines carried a total of 36.4 million passengers, 3.2 million less...
June 22, 2016
UN Says Brazil Pulls Down Region’s Foreign Investments
Although Brazil continues to be the top recipient of foreign investments in the region the inflow of FDI shrank by...
June 16, 2016
The First Month of Brazil’s Interim President Michel Temer
His plans of trying to restore economic credibility were overshadowed by the resignation of two important cabinet members, weeks after...
June 13, 2016
Record Number of Brazilian Firms File for Judicial Recovery
Judicial recovery requests in Brazil increased by 95 percent in the first five months of the year.
June 7, 2016