Brazil’s Former President Lula Indicted for Corruption
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazilian federal judge, Sergio Moro, has accepted the prosecutor’s charges against former President, Luis Inacio Lula da Silva, for corruption. Lula, along with his wife Marisa Leticia da Silva, will stand trial for accepting bribes totaling millions of reais as well as money laundering. The […]
Foreign Agencies Improve Brazil’s GDP Forecasts for 2016/2017
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Despite continuing economic turbulence, some foreign financial organizations are starting to register improvements in Brazil’s economy. The Organization for Economic Cooperation and Development (OECD), for example, has revised its forecast for economic contraction in 2016 from 4.3 percent (June) to 3.3 percent. Earlier in the […]
Brazil 2016 Paralympics Team Beats London, Bar High for Tokyo
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL – At a press conference on Sunday, September 18th, Brazil’s Minister of Sport, Leonardo Picciani, celebrated Team Brazil’s Paralympic accomplishments at the recently concluded Rio 2016 Paralympics. Minister Picciani also revealed the federal government’s new ten-year sports initiative that aims to further improve the country’s Olympic […]
Rio de Janeiro Streets Flooded Due to Heavy Rains
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Strong winds and heavy rain which fell on Rio de Janeiro between Monday (September 19th) and Tuesday (September 20th) left several streets flooded and many residences without electricity, especially in Rio’s Centro and Zona Norte neighborhoods. Hundreds of residents experienced problems on their commuting […]
Brazil’s Petrobras Announces Further Investment Cuts
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – State-owned petroleum giant Petrobras announced a reduction of its investment forecast over the next five years. According to the release issued on Tuesday (September 20th) morning, investment forecasts for the 2017-2021 period will total US$74.1 billion, twenty-five percent less than the previous plan (from 2015 […]
Opinion: Brazil’s “Criminal Mastermind” — A Curmudgeonly Explanation
Opinion by Michael Royster RIO DE JANEIRO, BRAZIL – Quite a bit of backlash has arisen since the spokesperson for the federal prosecutor’s office accused former President Lula of being the mastermind and supreme leader of the Mensalão and Petrolão schemes. The problem seems to be that the prosecutors are only charging Lula with crimes […]
Brazilian Candidates Prohibited From Arrest Until Election Day
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – For the next two weeks, candidates running for this year’s mayoral elections throughout Brazil are not allowed to be arrested or detained until election day (October 2nd), unless they are caught in the act of committing crime. “This measure seeks to protect mainly the applicant’s […]
Brazil’s Labor Market Loses Over 1.5 Million Posts in 2015
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Due to the economic recession Brazil lost over 1.5 million formal job positions in 2015, according to the country’s Labor Ministry, registering the worst result in thirty years. The government, however, is trying to reform labor laws to create opportunities, says Labor Minister, Ronaldo Nogueira. […]
Rio’s AquaRio Aquarium to Open November 9th
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL – In less than two months, Rio de Janeiro will inaugurate the largest aquarium in South America when AquaRio opens to the public on November 9th. Regular tickets for the immense 26,000 square meter, five-story structure are R$80 for foreigners and R$60 for Rio natives and […]
Curtain Falls on Rio 2016 Paralympics at Maracanã
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL – Against seemingly all odds, including political instability, a deep recession, and the tragic death of one of the Paralympic athletes on the event’s penultimate day, last night (September 18th) at Maracanã Stadium, the Rio 2016 Paralympics came to a successful conclusion with a spectacular celebration […]
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