Rio Tourism Lost R$320 Million in Four Months Due to Crime
Confederation sees a direct correlation between increase in crime in the state and decrease in tourism revenues.
July 11, 2017Topic
revenues
Visa Waiver Project Causes Friction Among Brazilian Officials
While Tourism minister sees the exemptions as an opportunity to increase revenues with tourism, the Foreign Ministry says visa waivers...
March 6, 2017
São Paulo and Brasília Report Huge Increase in 2017 Carnival Tourism
Tourists flocking to cities other than Rio de Janeiro for the four days of festivities.
March 2, 2017
Brazil’s Carnival to Register Worst Revenues in Three Years
Rio de Janeiro is the state expected to register the greatest movement of resources, with an expected circulation of R$2.4...
February 17, 2017
Brazil’s Public Accounts Register Record Deficit of R$155.8 Billion
Although in line with the deficit target, the deterioration of economic activity significantly reduced revenues for federal, state and local...
February 1, 2017
Brazil’s Minas Gerais Declares State of Financial Calamity
The state, which registers a deficit of R$8 billion in its accounts, is the third to declare financial emergency this...
December 7, 2016
Retail Sales in Brazil Fall Once Again in August
Six of the eight retail activities surveyed registered declines, leading to an overall retraction of 0.6 percent in volume and...
October 19, 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
Brazil Registers Worst 6-Month Primary Deficit in History
Earmarked expenditures continue to be a main problems with social security registering a deficit of R$61.2 billion for the first...
July 29, 2016