Foreign Exchange Rate in Brazil Faces High Volatility
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The U.S. dollar depreciated slightly on Wednesday, August 26th in Brazil, after two days of extreme volatility due to the economic turmoil caused by the instability of major stock markets around the world. The foreign exchange rate in Brazil closed on Wednesday at R$3.601/US$ after […]
Task Forces Collects 28 Tons of Rubbish in Guanabara Bay
By Lisa Flueckiger, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Accompanying the sailing test event from last week (August 15th-22nd), a task force with eco-boats collected 28 tons of floating rubbish in Guanabara Bay in an effort to clean the waters for the competition. The task force is part of Rio’s state government new […]
Vasco and Fluminense Qualify for Copa do Brasil Quarterfinals
By Lisa Flueckiger, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Rio football (soccer) clubs Vasco da Gama and Fluminense qualify for the Copa do Brasil (Cup of Brazil) quarterfinals. While Fluminense won twice against Paysandu, Vasco scored the equalizer against Flamengo in the last minutes of the second game, eliminating the rubro-negro with a […]
Investigations Probe into Rousseff’s Re-Election Campaign in Brazil
By Lisa Flueckiger, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Judge Gilmar Mendes at Brazil’s Federal Electoral Court (TSE) asked prosecutors to investigate several leads hinting at potential illegal financing of President Dilma Rousseff’s re-election campaign last October. He claimed the President’s party received funds from Petrobras and also started to investigate payments to […]
Rio’s City Council Bans Uber and Private Transportation Services
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Rio de Janeiro City Council members voted on Tuesday, August 25th on a bill which regulates the transportation of passengers in the city, banning services such as Uber, where individuals use their private automobiles to transport passengers, from city streets. The votes were overwhelmingly in […]
Barcode Quartet Performs Live in Rio de Janeiro August 29th
By Chesney Hearst, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Quintavant/QTV and Audio Rebel will present a live performance by European improvisational group, Barcode Quartet in Botafogo on Saturday, August 29th. The ensemble, which consists of British violinist Alison Blunt and three Austrian musicians, pianist Elisabeth Harnik, vocalist and electronic musician Annette Giesriegl, and […]
Brazil Plans to Reduce Number of Government Ministries
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – In an effort to reduce government spending and improve the Administration’s cost efficiency, Brazil’s Planning Minister, Nelson Barbosa, announced the government’s plans on Monday, August 24th to reduce the number of ministries in the Rousseff Administration from 39 to 29 in the short-term and then […]
Rock in Rio Boosts Holiday Rentals and Hotel Bookings in Rio
By Georgia Grimond, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Rock in Rio music festival, which will hold its sixth edition in Brazil in Barra de Tijuca from September 18th-27th, is causing a surge of interest in short-term rental properties, according to online travel company Trip Advisor. Searches on the site for the week […]
Tickets for Rio’s Paralympics to Go On Sale on September 7th
By Lisa Flueckiger, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Tickets for the 2016 Paralympic Games, which will take place in Rio de Janeiro two weeks after the Olympic Games from September 7-18, 2016, will go on sale on September 7th. Similar to the Olympic ticket process, the first round will be decided by […]
Brazil May Register the Lowest GDP Growth in 25 Years
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Estimates by financial analysts for Brazil’s Gross Domestic Product (GDP) growth in 2015 have decreased for the sixth consecutive time this year, from a contraction of 2.01 percent at the beginning of August to 2.06 percent last week, according to the latest Focus Survey, released […]
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