Financial Markets in Brazil React to Change in Economic Team
The São Paulo stock market registered the lowest volume of trade in six years and the US dollar closed the...
December 22, 2015Topic
Levy
Brazilian Finance Minister Joaquim Levy Replaced
Levy tried to implement tough economic measures, but received criticism from both within and outside the Administration.
December 19, 2015
Brazil’s Congress Approves CPMF Tax with 2016 Budget
The 2016 budget calls for the creation of a tax over financial transactions and establishes a lower primary surplus target...
December 18, 2015 Brazil’s Congress Approves New 2015 Fiscal Target
This is the second year that the Rousseff government has gone to Congress and asked for a revision of its...
December 3, 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
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
Opinion: Brazil’s Un-Real Currency
Around 22 years ago, writing for another Rio publication and using his real name (no pun intended), the Curmudgeon correctly...
September 30, 2015
Opinion: Brazil’s Standard? Poor!
The seemingly inevitable has happened—Brazil has now been downgraded by Standard & Poor's, one of the three big credit risk...
September 14, 2015
Brazil’s Government to Announce Cuts in Spending
Brazil’s government is expected to start announcing measures on Friday, September 11th, to cut expenses so that it may reduce...
September 11, 2015