Moody’s Announce Another Review of Brazil’s Credit Rating
Moody’s Rating Agency announced it was putting the country’s Baa3 rating on review for a downgrade, with the possibility of...
December 10, 2015Topic
Economy
Inflation Index in Brazil Surges, Led by Food and Beverage
Potatoes and tomatoes were the villains in November's inflation index, with increases of over 24 percent in prices.
December 9, 2015
Brazil Markets React Favorably to Impeachment Proceedings
Analysts say impeachment of President Rousseff would not necessarily be a disaster for financial markets.
December 4, 2015
Brazil Freezes Government Spending for Last Month of Year
Brazil’s federal government announced a freeze on all spending except earmarked expenditures, for the last month of the year, which...
December 1, 2015
Brazil Law Allows Companies to Cut Hours and Wages
Law allows companies to reduce working hours and up to thirty percent of employees’ salaries.
November 20, 2015
Brazil’s Unemployment Rate Remains Stable in October
The country's unemployment rate is the highest for the month of October since 2007.
November 19, 2015
Christmas Bonuses in Brazil Will be Used to Pay Debts
Survey in Brazil shows 74 percent will use their bonus to pay off credit cards, overdue bills and bank loans.
November 12, 2015
Brazil’s Government Admits Negative GDP Growth for 2016
If confirmed this will be the first time the Brazilian GDP has ever registered a retraction for two consecutive years...
October 30, 2015
Unemployment Rate Increases in Brazil to 8.7 Percent in Q3
Brazil registered the highest unemployment rate in a third quarter since 2012, with 8.8 million people looking for work.
October 29, 2015