Rio Samba Schools Still Waiting for Aid for 2017 Carnival
With 41 days to go before Carnival, samba schools have not yet received 30 percent of the promised municipal help...
January 16, 2017Topic
Business
Brazil Registers Record Judicial Recovery Filings in 2016
From construction companies, to financial trading firms to amusement parks, 2016 saw many companies, big and small, struggling to stay...
January 13, 2017
COPOM Reduces Selic by 0.75 Percentage Points in Brazil
Brazil's benchmark interest rate now stands at 13 percent, the lowest level since April of 2015.
January 12, 2017
Investors More Optimistic About Brazil’s Petrobras in 2017
In addition to US$4 billion secured in new bonds, company received US$5 billion financing from China Development Bank and finalized...
January 11, 2017
Vale, Billiton Try to Extend Payment of R$1.2 Billion Guarantee
The companies also have to prove that leakage of waste from dam has stopped and present a plan for the...
January 10, 2017
Brazil’s Odebrecht to Pay US$8.9 Million to Peru For Bribes
The company admitted to Brazilian prosecutors payments of US$29 million in bribes to Peruvian officials to win contracts in the...
January 9, 2017
Automotive Sales, Production to Grow in Brazil in 2017
With more positive economic indicators, auto manufacturers association forecasts 4 percent growth in sales and 11.9 percent growth in production...
January 6, 2017
Brazil’s Port of Santos to Register Record Movement in 2017
The largest port complex in Latin America forecasts moving 120.6 million tons of cargo thanks to the expected record 2016-2017...
January 5, 2017
Industry in Brazil Falls Over 7 Percent from January to November
The Brazilian Industrial Production saw an accumulated reduction of 7.1 percent in the eleven months of 2016.
January 5, 2017