Petrobras Signs Agreement with China’s Development Bank
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Petrobras announced on Wednesday, April 1st, that it has obtained a financing contract with China Development Bank (CDB) for US$3.5 billion to be disbursed during 2015 and 2016. According to analysts this financing credit is likely to relieve some of the financial pressure on Brazil’s […]
Rio Has Third Worst Traffic of 146 Cities in the World
By Lisa Flueckiger, Contributing Reporter RIO DE JANEIRO, BRAZIL – A study by Dutch transport technology company TomTom has revealed that Rio de Janeiro has the third worst traffic in the world for the second time in a row. The study used transportation data collected through GPS from 146 big cities and ranked them according […]
72 Hour Film Challenge Returns to Rio de Janeiro
By Chesney Hearst, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Bringing together teams of amateur and professional directors, writers, and production crews with the challenge to create a short film from start to finish within seventy-two hours, the 72HORAS Rio Festival de Filmes returns to Rio de Janeiro’s Zona Portuária (Port Zone) for its […]
Carioca Cricket Club Plays on Saturday, April 4th: Sponsored
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL – The Carioca Cricket Club (CCC), which was founded in 2011, is rolling forward with their 2015 season as the second intra-club match is planned for Saturday, April 4th at the São Fernando Polo & Cricket Club near Itaguaí. The match is open to anyone who […]
Investments Against Deforestation Decline in Brazil
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Government investments to combat deforestation in the Amazon region steeply declined during the period between former President Luís Inácio Lula da Silva’s last term and President Dilma Rousseff’s first term in office according to a report released on Tuesday, March 31st by InfoAmazonia. The report, […]
Military Police to Take Over in Rio’s Complexo da Maré
By Lisa Flueckiger, Contributing Reporter RIO DE JANEIRO, BRAZIL – Rio de Janeiro’s Military Police (PM) force has started to take over command in the Complexo da Maré favela communities from the currently stationed national army forces. The handover will happen in stages and should be completed by June 30th, together with the installation of […]
Brazil’s Industrial Production Declines in February
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazilian industrial production decreased by 0.9 percent in February in relation to January, when it had registered a positive variation of 0.3 percent after two months of declines, according to data from the IBGE (Brazilian Statistical Bureau). In comparison to February of 2014, the survey […]
Olympic Ticket Sales Process Starts for Rio 2016
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL – Since yesterday (March 31) until April 30th, Brazilian residents are able to apply for tickets to the 2016 Olympic Games in the first of two pre-sale draws. According to reports, the online list opened at 2PM, and by 6PM reached the milestone of 400,000 entries. […]
Airbnb Strikes Deal With Rio Olympics To Host Tourists
By Lisa Flueckiger, Contributing Reporter RIO DE JANEIRO, BRAZIL – Short-term home rental platform Airbnb has struck a deal with the Organizing Committee of the 2016 Olympic Games in Rio de Janeiro to become an official accommodation partner. The agency has decided to formalize their business model of hosting tourists that was already successful informally […]
Rock in Rio 2015 Line-Up Continues to Take Shape
By Chesney Hearst, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – With the recent announcement of the additions of Paralamas do Sucesso and Lulu Santos to the 2015 Rock in Rio line-up, the upcoming seven-day music festival continues to take shape. The festival will again be held in Barra da Tijuca’s Cidade do Rock, taking […]
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