Economy

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While Some Call Brazil’s 20-Year Freeze, Shock Therapy, Foreign Markets Are Cheering

Brazilian President Michel Temer is a step closer to cementing his long-term austerity plan ...

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IMF Is Bullish on Brazil Again

The International Monetary Fund (IMF) is projecting that Brazil will surpass Italy next year ...

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Brazil House Approves Constitutional Amendment Limiting Public Spending for 20 Years

Brazil’s Chamber of Deputies on Monday night (October 10) voted 366-111 (with two abstentions) ...

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Brazil President Gets First Win in Congress in Fight to Contain Public Spending

A congressional committee in Brazil approved on Thursday a constitutional amendment that would limit ...

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After 30 Days, No End in Sight for Brazil’s National Bank Strike

Brazil’s banking strike has just reached 30 days this Wednesday (October 5) and is ...

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Hydra of Lerna: Brazil’s New Anti-Corruption Action Goes After Ministers and Governor

Brazil’s Federal Police officers executed warrants for Operation Hydra of Lerna at the Workers’ ...

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At UN, Brazil President Praises Democracy and Asks Foreigners to Invest in His Country

In the speech marking the opening of the 71st United Nations (UN) General Assembly, ...

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Cutting Workers’ Rights? Just a Rumor to Create Division, Says Brazil’s President

Brazilian President Michel Temer announced that he will combat rumors flying around the streets ...

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Brazil Believes Privatizing Federal Assets Is the Only Way Out of the Hole

Brazil’s new government has announced a multibillion dollar privatization plan in an attempt to ...