Retail Sales in Brazil Decline in May, Down 7.3% for Year
Due to the continuing weak economy the accumulated decline in retail sales in the first five months of the year...
July 13, 2016Topic
Business
Brazil’s Petrobras Registers Best June Production in History
In 2015, despite surpassing its annual petroleum production target for the first time in thirteen years, Petrobras registered the largest...
July 12, 2016
China as First Official Visit Abroad for Brazil’s Temer
Among the exports agreements interim president Temer plans to discuss on his visit the Asian country in September are aircraft...
July 11, 2016
Brazil Predicts 2017 Primary Deficit of R$143.1 Billion
Although being almost R$27 billion less than this year’s expected results, the primary deficit for next year is high, forecast...
July 8, 2016
Brazil’s Retail Sales Register Worst Semester in 14 Years
The retraction in retail sales during the first semester of 2016 was seen in all sectors, with the exception of...
July 7, 2016
Rio Court Finds R$95 Million in Overpayment for Maracanã Works
According to officials construction companies in charge of renovation for the 2014 World Cup may have received as much as...
July 6, 2016
Decrease in Imports Helps Brazil’s Trade Balance Set Record
Brazil's trade balance closed the first semester of 2016 with a surplus of US$23.635 billion, the best result for the...
July 4, 2016
Number of Millionaires in Brazil Decreases by 6.4 Percent
The economic crisis and a series of political scandals are seen as the main factors for the decline in the...
June 24, 2016
Brazil’s Chamber Lifts Limit of Foreign Capital in Airline Sector
With 199 votes to 71 the Lower House approves measure that will allow foreign companies to have total capital control...
June 23, 2016