Brazil’s Retailers to Lose R$10.5 Billion Due to 2017 Holidays
Additional labor, fiscal costs are likely to discourage store owners from opening up during holidays this year.
January 4, 2017Topic
Business
Brazil Registers Record Surplus in 2016 Trade Balance
Data for 2016 shows the value exported by Brazil totaled US$185.2 billion while the value imported by the country totaled...
January 3, 2017
Brazil’s Federal Government Has No Timeline to Help States
Finance Minister Henrique Meirelles says it is important 'not to implicitly transfer the state debt problem to the Union'.
January 2, 2017
Unemployment in Brazil Reaches 11.9 Percent, Highest Since 2012
The unemployment rate in November reached 11.9 percent, the highest since 2012, affecting more than 12.1 million workers.
December 30, 2016
Brazil’s Government to Invest R$1.2 Billion in Prison System
Of the total R$799 million will be earmarked for the construction of new penitentiaries to reduce the current overcrowding in...
December 29, 2016
Brazil’s Shopping Mall Sales Fall 3 Percent During Christmas Season
Sales in Brazil's shopping malls fell by three percent this end of year, according to a survey released on Monday...
December 27, 2016
Brazil’s Confidence Indexes Show Mixed Projections in 2017
While the retail sector is optimistic in relation to 2017, others like consumer and industry confidences register declines for the...
December 26, 2016Rio Hotels Optimistic for New Year’s Eve Despite Economic Crisis
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - Despite occupancy rates falling below last year for the New...
December 26, 2016
Petrobras of Brazil Closes US$2.2 Billion Deal With Total
The agreement calls for selling participation in two pre-salt oil areas, 50 percent of two thermal plants and shared use...
December 22, 2016