Paralympic Games Officials Confirm Event Despite Financial Troubles
Rio’s mayor, Eduardo Paes promises R$150 million to ‘ensure the success of the Games’. despite low ticket sales.
August 17, 2016Topic
Business
Brazil’s Real Closes at R$3.13 to Dollar in 13-Month High
Further gains, however, are not expected since the rhythm of recovery is likely to be ‘unusually weak’.
August 11, 2016
Consumer Protection Entity Fines Olympic Committee in Rio
Entity hears complaints from spectators about long lines to get in and food unavailable during the entire competition.
August 9, 2016
Brazil’s Petrobras Increases Market Value by US$23.35 Billion
The state-owned giant is now the fourth largest oil and gas company in Latin America and the U.S.
August 4, 2016
Brazil Posts Record 7-Month Trade Balance Surplus in 2016
Favorable foreign exchange rate helped increase Brazilian competitiveness abroad during the first seven months of 2016.
August 2, 2016
Brazil’s Industries Seek Return of Fiscal Benefits for Exporters
Industry leaders tell Finance Minister Henrique Meirelles they will not support increase of taxes.
August 1, 2016
IMF Improves Brazil’s GDP Outlook for 2016 and 2017
According to the international organization, although Brazil's outlook is better, economic growth should only be seen in 2018.
July 20, 2016
Brazil to Increases Exports to European Union by R$250 Billion
After three years of negotiations, accord may increase Brazilian exports of sugar and poultry to the European Union.
July 18, 2016
Australia Olympic House to Open in Rio’s Centro on August 6th
Inside of one month to the 2016 Rio Olympic Games, on Wednesday July 13th, government officials announced that the event...
July 14, 2016