Impact of Lava Jato on Brazil’s GDP Could Reach R$140 Billion
The Lava Jato (Carwash) corruption scandal in Brazil involving oil giant Petrobras and some of the country's largest construction companies...
August 11, 2015Topic
GDP
Selic Interest Rate Increased for the Seventh Time in Brazil
Brazil's benchmark interest rate, the Selic, has been increased for the seventh time in a row by the Central Bank's...
July 30, 2015
Brazil’s Inflation Forecast for 2015 Increased Once More
The forecast for the inflation in Brazil for 2015 has been increased again after data for June and July were...
July 22, 2015
Brazil’s Central Bank Increases Inflation Forecast for 2015
The rising inflation and country’s deteriorating economic situation has also led to a continuing increase of the unemployment rate.
June 25, 2015![]](https://www.riotimesonline.com/wp-content/uploads/2014/06/consumer-demand-declines-photo-e1420549622912.jpg)
Economic Indicators in Brazil Continue to Deteriorate
According to the survey analysts forecast increased inflation, deterioration in the country’s GDP and negative industrial production.
June 15, 2015
Interest Rates in Brazil Expected to Increase Again to 13.75%
Financial analysts forecast an increase by five percentage points on the Selic, with the rate going to 13.75 percent per...
June 1, 2015
Brazil’s Economy Contracts 0.2 Percent in Q1 of 2015
The only sector of the economy which registered a positive result was the agribusiness segment.
May 29, 2015
Banks to Pay More Taxes as Brazil Tries to Increase Revenues
Despite lower GDP and federal tax revenues, according to Brazil’s Central Bank, financial institutions registered profits of R$41.3 billion last...
May 23, 2015OECD Ranks Brazil Schools 60th Out of 75 Countries
This week the OECD (Organisation for Economic Co-operation and Development) published its global school rankings report, featuring more countries than...
May 14, 2015