Samba Schools in Brazil Shine Despite Economic Woes
Rio de Janeiro samba schools had to scramble and use their creativity this year to work the same magic with...
February 8, 2016Topic
Economy
Economy Forces Smaller Cities in Brazil to Cancel Carnival
With the economic crunch local officials are opting to use revenues for health, education and infrastructure.
February 2, 2016
Brazil Announces R$83 Billion Plan to Jumpstart Economy
Measures are intended to boost production, recover the country’s economic growth and increase consumer confidence.
January 29, 2016
Brazil Seen by Eurasia Group as One of Top Risks in 2016
Brazil is expected to face tough economic and political challenges this year and made Eurasia Group's top ten risk list.
January 6, 2016
Brazil’s Real Falls to R$4.03 to the Dollar at Start of 2016
Depreciation of Brazil's currency was reaction to negative news coming from China, Iran and Saudi Arabia and domestic political scenario.
January 5, 2016
Brazil’s Government Registers Worst Deficit in 19 Years
The federal government registered the worst primary deficit since 1997 in November and for the first eleven months of the...
December 29, 2015
Rousseff to Meet with Cabinet, Governors Before New Year
Participants of both meetings with the President are expected to discuss the federal and state economic scenarios for 2016.
December 28, 2015
Retail Sales in Brazil Decline During Disappointing Holiday Season
Retraction in Christmas sales in 2015 is likely to be the worst in ten years
December 28, 2015
Possible Downgrade Reflects Reality of Economy in Brazil
Rating company's announcement caused additional turbulence to the country’s economic market, with the stock market closing down and U.S. dollar...
December 11, 2015