Tag: economy
UK Retakes from Brazil Title of World’s 6th Largest Economy
Despite recession and the poor performance Britain has clawed back the ground it lost ...
Boosting Consumption Won’t Work for Brazil This Time, Says Expert
For the professor of the Economics School at the Getúlio Vargas Foundation (FGV) in ...
Brazil Tries to Put a Good Face on Bad GDP Numbers
Brazil’s minister of Finance, Guido Mantega, called the latest numbers from the government statistical ...
Concession of Highways and Railroads Is No Privatization, Says Brazil President
Brazilian president Dilma Rousseff and Finance minister, Guido Mantega, both denied that the announced ...
Number of Brazilians in Debt Has Been Growing 20% a Year in Last 5 Years
Brazil’s CNDL, the National Confederation of Store Managers, and the SPC, the Credit Protection ...
Brazil’s Higher Inflation Leaves Little Room for Interest Rates Cuts
Consumer prices in Brazil rose faster than expected in the month to mid-July on ...
Brazil Has Lowered Key Interest Rate 36% in Less than a Year
Brazil’s basic interest rate, the Selic, which, at 8.5% for the last 45 days, ...
Brazil Exports to Argentina and Europe Are Down, But to China They Are Up
Trade barriers imposed by Argentina on imports in general have resulted in a drop ...
Brazil’s New Middle Class Seems to Be Trapped by Debts and Payment Deadlines
Brazilian economists and sociologists have been warning that the choice by the Brazil government ...
In Brazil Now Earning US$ 145 a Month Makes You Middle Class. More than US$ 545 and You’re Rich
The Brazilian government has a new definition for the Brazilian middle class. A commission ...