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Friday, June 24, 2016

Rio Times

Brazil’s Tourism Industry Divided on 2016 Outlook

Brazil’s Tourism Industry Divided on 2016 Outlook
By Nelson Belen, Contributing Writer RIO DE JANEIRO, BRAZIL – This week, the Getulio Vargas Foundation released its 12th Annual Survey of the Economic Tourism Situation (PACET) commissioned by Brazil’s Ministry of Tourism. According to the detailed 120-page report, despite a rocky 2015 for most of the tourism sector, of nine different segments, car rental, […]

Number of Millionaires in Brazil Decreases by 6.4 Percent

Number of Millionaires in Brazil Decreases by 6.4 Percent
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Facing one of the worst economic crisis in decades and a series of political scandals, Brazil lost approximately twelve thousand HNWI (high net worth individuals), or super-rich, in 2015, according to a study conducted by Capgemini. The study shows that the number of Brazilian HNWI […]

“Como Habitar Abismos” Exhibition Opens in Flamengo

“Como Habitar Abismos” Exhibition Opens in Flamengo
By Chesney Hearst, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Exploring, through the use of embroidery, the themes of intimacy, female eroticism, and the ambiguities of home, the exhibition “Como Habitar Abismos” (How to Inhabit Gaps) will open on July 2nd in Castelinho do Flamengo – Centro Cultural Oduvaldo Vianna Filho. Continuing through September […]

Beverage Giants in Brazil to Halt Sale of Soft Drinks in Schools

Beverage Giants in Brazil to Halt Sale of Soft Drinks in Schools
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – In a surprising decision the three largest soft drink companies in Brazil have announced that starting in August they will no longer distribute soft drinks at cafeterias and snack bars in schools which cater to children twelve years old and younger. “Obesity is a complex […]

Brazil’s Chamber Lifts Limit of Foreign Capital in Airline Sector

Brazil’s Chamber Lifts Limit of Foreign Capital in Airline Sector
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Chamber of Deputies in Brazil approved on Tuesday (June 21st) by 199 votes to 71 a legislative measure that will allow foreign companies to have total capital control of Brazilian airlines. Currently foreign participation in Brazilian airlines is limited to twenty percent, and the […]

Rio Institutes Holidays and Traffic Bans During 2016 Olympics

Rio Institutes Holidays and Traffic Bans During 2016 Olympics
By Nelson Belen, Contributing Writer RIO DE JANEIRO, BRAZIL – With the 2016 Olympics rapidly approaching, city officials announced on Wednesday, June 26th, a series of measures to be instituted during the Games such as traffic bans, road closures, exclusive Olympic traffic lanes, and three citywide holidays on August 5th, 18th, and 22nd. With 500,000 […]

Rio’s Mais Leitura Book Program Opens in São Gonçalo

Rio’s Mais Leitura Book Program Opens in São Gonçalo
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL – Residents of São Gonçalo, the neighborhood north of Niterói across the bay, will gain a new unit of the Mais Leitura (More Reading) book program on Tuesday (June 28th), thanks to the Imprensa Oficial (Official Press) of Rio de Janeiro. The government sponsored project offers […]

Brazil’s Federal Government Announces R$2.9B for Olympics

Brazil’s Federal Government Announces R$2.9B for Olympics
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The federal government in Brazil announced R$2.9 billion-worth in financial aid to Rio de Janeiro to help the state put on the 2016 Olympic and Paralympic Games. According to officials the resources will be exclusively used to help pay for security during the events. On […]

Cunha, Brazil’s Suspended Chamber President Speaks Out

Cunha, Brazil’s Suspended Chamber President Speaks Out
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Suspended Speaker of the Chamber of Deputies in Brazil, Eduardo Cunha, reiterated to reporters on Tuesday that he will not resign his position in the Congressional Lower House and said that he will not seek a plea-bargain agreement with federal prosecutors. “I will not resign […]

Domestic Airline Travel in Brazil Falls 8.2 Percent in 2016

Domestic Airline Travel in Brazil Falls 8.2 Percent in 2016
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL – Since the start of the year, Brazil’s aviation industry, particularly on the domestic front, has been feeling the effects of the country’s weak economy and political turmoil. On Tuesday, June 21st, the Brazilian Association of Airlines (ABEAR) released its latest figures for the year so […]
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