Brazil’s Embraer Posts US$100 Million Loss in Q3, 2015
According to the company the devaluation of the Brazilian real was the main contributing factor for surge in losses.
October 28, 2015Topic
Economy
Brazilian Tourists Spending Almost 50 Percent Less Abroad
According to the Central Bank, money spent by Brazilian tourists on international trips fell by almost half in September.
October 26, 2015
Brazil’s Levy Says CPMF Tax Will Protect Worker Benefits
Brazil's finance minister said if congress does not approve CPMF tax, programs such as unemployment benefits will be at risk.
October 15, 2015
Real Estate Prices in Rio Remain Among Most Expensive
For many years Rio has been home to the most expensive and the most over-priced real estate in Brazil. Now,...
October 14, 2015
Levy Says Brazil is Better Prepared for External Shocks
Finance Minister Levy says Brazil has prepared for this unfavorable period by increasing country's international reserves.
October 9, 2015
Brazil Real Falls to R$4 to US$1 and Stock Market Tumbles
The U.S. dollar once again surged against the Brazilian real while Brazil’s stock market registered its lowest level in six...
September 29, 2015
Analysts Say Brazil’s Economic Measures May Not be Enough
Government says measures would not only do away with estimated R$30 billion deficit next year but insure a R$34 billion...
September 17, 2015
Rental Prices in Brazil Decline by 1.30 Percent Despite Inflation
Ailing economy has led average prices of rentals to decline by 1.30 percent over the past twelve months.
September 1, 2015
Foreign Exchange Rate in Brazil Faces High Volatility
Global economic volatility and ailing economic indicators at home led Brazilian real to its lowest value in 12 years of...
August 27, 2015