Brazil Cuts Selic to 9.25 Percent, Lowest Since 2013
The country's benchmark interest rates is now at its lowest level in four years.
July 27, 2017Topic
Business
Brazil Raises Fuel Tax to Meet Annual Primary Fiscal Target
The government’s objective is to raise R$10.4 billion with the additional levy and meet the primary deficit fiscal target of...
July 21, 2017
Brazil Freezes R$600,000 of Ex-President Lula’s Assets
In addition to the freezing of bank accounts officials seized two vehicles and Lula’s participation in four other apartments in...
July 20, 2017
WTO Expects Brazil to Register Gradual Economic Recovery
Overall international feeling that Brazil’s economic woes may be coming to an end, despite the political turbulence.
July 18, 2017
Markets in Brazil React Favorably to Lula Conviction
The U.S. dollar plummeted against the Brazilian real in the foreign exchange market and the São Paulo Stock Exchange skyrocketed...
July 13, 2017
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, 2017
Brazil Registers Deflation for First Time in 11 Years in June
The country registered a deflation of 0.23 percent in June, the lowest for the month since the beginning of the...
July 10, 2017
Brazil’s Industrial Production Rises but Sales Remain Low
In the auto sector, there are fears that growth in production may not be sustained, since automobile sales continue to...
July 6, 2017
Brazil Says U.S. Ban on Fresh Meat Will Have Minimal Effect
According to Brazilian officials the country is the world's largest beef exporter and its leadership in the global product market...
July 4, 2017