Brazil’s Industrial Production Fell by 6.3 Percent in 1st Semester
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The industrial production in Brazil for June declined 0.3 percent in relation to May, when the country’s production had signaled a slight recovery by growing by 0.6 percent. With the June result, the country’s industrial production closed the first semester of 2015 with an accumulated […]
Over 1,000 Shops Have Closed in Rio de Janeiro Already This Year
By Georgia Grimond, Contributing Reporter RIO DE JANEIRO, BRAZIL – The high price of rents and the worsening economy has led to the closure of 1,280 commercial establishments in Rio de Janeiro between January and May this year, a survey by the Research Center of Rio de Janeiro’s Shop Owner Association based on data from […]
Rio Carioquinha Brings Discounts on Sights for Residents in August
By Lisa Flueckiger, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Rio de Janeiro is a dream destination for every tourist with attractions from sandy beaches to lush mountains and postcard perfect views from Christ the Redeemer to Sugarloaf Mountain. With the ‘Carioquinha’ program, natives and residents of the city are encouraged to enjoy the […]
Dirceu Arrested in Lava Jato Corruption Scheme in Brazil
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Former Chief of Staff José Dirceu was arrested during the early morning hours on Monday, August 3rd, by Brazil’s Federal Police as part of the agency’s on-going investigation into the corruption scandal, Operação Lava Jato (Carwash). Dirceu was one of seven arrested this morning in […]
Bradesco Purchases HSBC Brazil Operations for R$17 Billion
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s second largest private bank, Bradesco, has announced it has purchased HSBC’s operations in Brazil for R$17.6 billion (US$5.186 billion). Although the purchase will include most of HSBC’s business in Brazil, the foreign financial institution has said that it plans to maintain a small presence […]
Live Cinema Festival Returns to Rio de Janeiro on August 6th
By Chesney Hearst, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Complete with a video mapping installation, live remixes of films and an immersive performance by German musician and artist Robert Henke, the audiovisual festival Live Cinema will return to Rio de Janeiro for its 9th edition on August 6th. Continuing through August 9th, two […]
Youngster From Rio Earns Place at Top Brazilian Baseball School
By Georgia Grimond, Contributing Reporter RIO DE JANEIRO, BRAZIL – A young boy from Irajá in Rio’s Zona Norte (North Zone) has begun a journey that could take him all the way to the heights of the professional baseball leagues in America. Leonardo Monteiro, 13, earned a place at Brazil’s top baseball school, Confederação Brasileira […]
Ronaldinho Led Fluminense to Victory in First Brasileirão Game
By Lisa Flueckiger, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Ronaldinho Gaúcho has played his highly anticipated first game for new club Fluminense and led the team to victory when he initiated the play that led to the only goal of the game against Gremio at the Maracanã on Saturday, August 1st. Fluminense is […]
Rousseff and Pezão in Rio Opening Minha Casa Minha Vida Project
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL – In the municipality of Maricá in Rio de Janeiro state, President Dilma Rousseff and Governor Luiz Fernando Pezão were on hand to inaugurate 2,932 homes which are benefiting more than 11,000 people, according to government sources. The Minha Casa Minha Vida (My House My Life) […]
Brazil Leads Region in Online Sales Made with Mobile Devices
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL – According to a survey of collective purchases on the site Groupon, which studied 6,000 people in Brazil, Argentina, Chile, Colombia and Mexico, the average amount of online transactions by mobile device in these five countries is 15.6 percent of the total. Individually, Brazil is above […]
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