Brazil Announces New Limits for Large Cash Withdrawals
Central Bank established that any cash withdrawal over R$50,000 must be registered with the Financial Activities Control Council (COAF).
June 29, 2017Topic
Business
Brazil’s JBS Meatpacking to Sell Assets Worth R$6 Billion
The sale of operations in Brazil, the US and Europe are expected to help JBS's controller pay a R$10.3 billion...
June 21, 2017
Petrobras of Brazil Decreases Gasoline Prices 2.3% and Diesel 5.8%
Gasoline prices will drop by 2.3 percent while diesel prices will be reduced by 5.8 percent which should lead to...
June 15, 2017
Brazil’s Eike Batista Found Guilty of Insider Trading
Brazil’s Securities and Exchange Commission (CVM) ordered the businessman to pay a fine of R$21 million for insider trading operations...
June 14, 2017
Rio’s Mayor May Cut Carnival Samba School Subsidies by Half
According to Mayor Marcelo Crivella the money would be used to improve the city’s day-care centers.
June 13, 2017
Meirelles Says Economy Recovers in Brazil Despite Political Turmoil
For Minister even if reforms are approved only in the second half of this year, they will still bring extremely...
June 8, 2017
Expat Financial Planning in Brazil – ‘Stay on Track’: Sponsored
Are you financially on track to retire at your target age? Have you reviewed the long-term performance of your retirement...
June 8, 2017
JBS of Brazil to Sell R$300 Million in Overseas Operations
The company, embroiled in a corruption scandal, announced the sale of its beef operations in Argentina, Paraguay and Uruguay to...
June 7, 2017
World Bank Forecasts 0.3 Percent Economic Growth for Brazil
The financial market is more optimistic, forecasting growth of 0.5 percent due to the positive GDP growth results for Q1/2017.
June 6, 2017