Rio to Register Over R$3.5 Billion in Revenues Due to Carnival
Rio de Janeiro state officials expect over R$3.5 billion to circulate during the five-day Carnival festivities, according to Fecomercio-RJ.
March 4, 2019Topic
Business
Brazil Officials Call for Structural Reforms After 1.1% GDP Growth in 2018
Brazil’s GDP growth for 2018 was disappointing, increasing by only by 1.1 percent compared to 2017, according to Brazil’s Institute...
March 1, 2019
Brazil’s Petrobras Registers Positive Results After Four Years of Losses
After four years registering losses, Brazil’s oil giant, Petrobras, announced the company registered a net income of R$25.8 billion in...
February 28, 2019
Shareholders at Brazil’s Embraer Approve Joint Venture with Boeing
A joint venture between Brazil’s Embraer and US’s Boeing was approved on Tuesday by 96.8 percent of the Brazilian aircraft...
February 27, 2019
Half-a-Million People to Pass Through Rio Bus Terminal at Carnival
More than five hundred thousand passengers are expected to pass through Rio de Janeiro’s main bus terminal, Novo Rio, during...
February 25, 2019
Praise and Criticism for Brazil’s New Social Security Reform Bill
As Brazil’s government announce the details of the much-awaited social security reform bill, presented to Congress on Wednesday, lines are...
February 21, 2019
Ford Employees in Brazil Strike After Announcement of Plant Closing
Reacting to the news of the closing of its truck manufacturing plant in São Bernardo do Campo, São Paulo, workers...
February 20, 2019
Brazil Registers Disappointing GDP Growth in 2018
Brazil’s Gross Domestic Product (GDP), grew by only 1.1 percent in 2018, according to the PIB Monitor, calculated by the...
February 19, 2019
Brazil’s Government Finalize Pension System Reform
After weeks of rumors and uncertainties, President Jair Bolsonaro and the government's economic team have announced they have decided on...
February 15, 2019