Brazil Slashes R$44 Billion from 2014 Budget: Daily
By William Jones, Contributing Reporter RIO DE JANEIRO, BRAZIL – The Brazilian Ministry of Finance has announced that they will cut R$44 billion (US$18.5 billion) from the 2014 budget in a strategy...
View ArticleBrazil Boosted by 2.3% Growth in 2013: Daily
By William Jones, Contributing Reporter RIO DE JANEIRO, BRAZIL – On the day before Carnival 2014 officially kicks off, the Brazil received good news: the country’s economy officially grew by 2.3...
View ArticleBrazil’s Credit Rating Downgraded by S&P: Daily
By William Jones, Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazil’s economic outlook soured yesterday when the Central Bank announced that the country’s trade deficit is expected to reach US$80...
View ArticleBrazil GDP Growth To Drop Below World Average: Daily
By William Jones, Contributing Reporter RIO DE JANEIRO, BRAZIL – According to a study by the International Monetary Fund (IMF), Brazil is expected to fall behind other emerging economies and end this...
View ArticleBrazil to Stimulate Automotive Sector: Daily
By William Jones, Contributing Reporter RIO DE JANEIRO, BRAZIL – The finance minister in Brazil, Guido Mantega, confirmed that the government is preparing a new stimulus package for the automotive...
View ArticleBrazil Grows 0.2 Percent in Q1 of 2014: Daily
By Lise Alves, Contributing Reporter SÃO PAULO, BRAZIL – The economy of Brazil grew a disappointing 0.2 percent during the first quarter of 2014 in relation to the fourth quarter of 2013, according to...
View ArticleBrazil Central Bank Forecasts Higher Inflation, Lower GDP: Daily
By Lise Alves, Contributing Reporter SÃO PAULO, BRAZIL – The Banco Central (BC, or Central Bank) in Brazil released its Second Quarter Inflation Report Thursday forecasting higher inflation and lower...
View ArticleBrazilian GDP Expected Growth Cut to 1.05% for 2014
By Sarah Brown, Contributing Reporter RIO DE JANEIRO, BRAZIL – Research from Banco Central (BC, or Central Bank of Brazil) shows that the projected growth of GDP has fallen, while forecasts for...
View ArticleBrazil’s 10-Year Education Plan Sanctioned by Rousseff
By Lise Alves, Contributing Reporter SÃO PAULO, BRAZIL – After almost four years of debates in Congress, Brazilian President Dilma Rousseff finally signed into law the country’s new ten-year National...
View ArticleBrazil’s GDP Growth Forecast Decreased Again: Daily
By Lise Alves, Contributing Reporter SÃO PAULO, BRAZIL – Forecasts on the growth of Brazil’s economy decreased further this week, with the International Monetary Fund (IMF) reducing its growth forecast...
View ArticleBrazil Goes into Recession After Two Quarter Slide
By Sarah Brown, Contributing Reporter RIO DE JANEIRO, BRAZIL – The Brazilian GDP, the largest economy in Latin America, fell by 0.6 percent in the second quarter ending in June, worse than analysts had...
View ArticleIn Brazil Inflation Up and Economic Growth Down
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s IPCA (Consumer Price Index) rose by 0.57 percent in September according to the IBGE (Brazilian Statistics Bureau) after...
View ArticleBrazil Forecasts Lower GDP Growth, Increased Inflation
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The government of Brazil has reduced its official estimate for the country’s economic growth (GDP) for 2014 and 2015, increased its...
View ArticleBrazil Grows in Q3, No Longer in Technical Recession
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Brazilian Gross Domestic Product (GDP) grew by 0.1 percent during the third quarter of 2014, removing the country from a technical...
View ArticleBrazil Announces New Finance Minister and Economic Team
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – After weeks of speculations, the new economic team to lead Dilma Rousseff’s administration in its second term was announced on Thursday:...
View ArticleBrazil Reduces Economic Growth Forecast for 2015
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s Planning Ministry has reduced its growth forecast (GDP) for the country’s economy in 2015 from 2 percent to 0.8 percent. The...
View ArticleBrazil to End 2014 With Disappointing Economic Growth
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Banco Central (BC, or Central Bank) of Brazil released its Fourth Quarter Inflation Report Tuesday, morning December 23rd,...
View ArticleBrazil Registers Record Deficit in Current Accounts
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s current accounts in 2014 registered a record deficit of US$90.948 billion, according to data released by Brazil’s Central Bank...
View ArticleBrazil’s Real Falls Due to Weakening Economy
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s currency, the real, fell to its weakest level against the U.S. dollar since 2005 in February this year and according to an...
View ArticleForecasts for Inflation in Brazil Continue to Rise, GDP Fall
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Estimates by financial analysts regarding annual inflation in Brazil for 2015 have once again increased, from 7.77 percent to 7.93...
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