Brazil’s Central Bank Reduces Benchmark Interest Rates
This is the second consecutive reduction of the country's interest rate by the country's Monetary Policy Committee.
December 1, 2016Topic
Recession
IMF Says Brazil Poised to Emerge from Deep Recession
As Brazil finally begins to show signs of exiting its deep recession, the IMF cautions that all will depend on...
November 16, 2016
Brazil’s Government Has Worst August Revenues in 7 Years
Despite the negative results, Finance Minister, Henrique Meirelles says there is no possibility of tax increases for this year.
September 30, 2016
Risk Agency Sees Economic Improvement in Brazil in 2016
Despite the forecast of improvement in economic growth in the months ahead, the number of job closings continues high.
July 28, 2016
Rio’s Olympics Expected to Run 43 Percent Over Budget
Once the events are over, the city country is expected to fall back to one of the worst recessions in...
July 26, 2016
Brazil’s Retail Sales Register Worst Semester in 14 Years
The retraction in retail sales during the first semester of 2016 was seen in all sectors, with the exception of...
July 7, 2016
Record Number of Brazilian Firms File for Judicial Recovery
Judicial recovery requests in Brazil increased by 95 percent in the first five months of the year.
June 7, 2016
OECD Report Reveals Recession in Brazil May Extend Until 2017
Latest data signals some stabilization and the possibility that Brazil’s economy could have ‘bottomed out’.
June 2, 2016
Congress in Brazil Expected to Approve New Primary Deficit
The new primary budget deficit is estimated at R$ 170.5 billion, 76.4 percent higher than the R$ 96.7 billion estimated...
May 24, 2016