S&P Maintains Brazil’s Junk Status and Negative Outlook
The entity says government's strategy to stabilize the economy and its fiscal position may be hampered by the current political...
February 13, 2017Topic
Business
Brazil’s IBGE Hikes 2017 Grain Forecast Growth to 20.3 Percent
The latest harvest forecast growth is significantly higher than that released in December of 2016.
February 10, 2017
Over 11,000 Stores Close in Rio de Janeiro State Last Year
Retail sales fell by 6.6 percent in 2016, in the worst year in the state since 2003, with almost 12,000...
February 8, 2017
Minha Casa Minha Vida Housing Program to Expand in Brazil
New rules for the low-income housing program is expected to stimulate construction of up to 600,000 new units this year.
February 6, 2017
Report Shows Brazil Has Highest Cost of Crime in Latin America
The report highlights the high spending on private security, which indicates the population's feeling about the security service provided by...
February 3, 2017
Rio Officials Negotiating Sale of Olympic Apartments to Civil Workers
Rio Mayor Crivella, Caixa Econômica Federal, and construction company, Carvalho Hosken, hope to soon find occupants for the 3,604 apartments...
February 2, 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 Registers 12 Million Unemployed, Up by 36 Percent
Brazil closed 2016 with the highest rate since the country entered, in 2014, into one of the worst recessions of...
January 31, 2017
Oi’s Largest Shareholder Rejects Recovery Plan in Brazil
One of Brazil's largest telecom companies, Oi, filed for bankruptcy recovery in June of 2016 with debts totaling over R$65...
January 30, 2017