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, 2016Topic
Recession
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
Number of Defaulting Companies in Brazil Increased 11 Percent
After Brazil suffered its worst GDP decline in over 25 years, an increasing number of businesses are now starting to...
April 28, 2016
State of Rio de Janeiro Unable to Pay Pension Checks
The sharp decline in tax revenues and the decrease of oil prices in the international market are to blame for...
April 14, 2016
Recession in Brazil Might Continue Until 2016
Analysts of the Brazilian economy have changed their forecast for 2016 for the first time to negative, assuming a contraction...
August 17, 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