Saturday, October 22, 2016

Rio Times

Construction Work Starts on Ilha Grande, Rio’s Island Paradise

Construction Work Starts on Ilha Grande, Rio’s Island Paradise
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL – Construction has started on the development works to improve drainage and sanitation among other services, in Vila do Abraão (Abraão Village) on Ilha Grande, off the coast of Angra dos Reis. The Rio de Janeiro state government has secured over R$28 million for the infrastructure […]

Brazil Prosecutors Charge Vale, BHP With Homicide

Brazil Prosecutors Charge Vale, BHP With Homicide
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s federal prosecutors’ office filed criminal charges on Thursday, October 20th, against twenty-two individuals and four companies in connection with the November 2015 collapse of the Samarco dam in Mariana, Minas Gerais, which left nineteen people dead and 250 injured. The charges include homicide, fraudulent […]

FVAP Website Helps US Expats in Brazil Vote in US Election

FVAP Website Helps US Expats in Brazil Vote in US Election
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL – While most of the election talk in Brazil has revolved around the country’s recent municipal elections, for the thousands of American expatriates who call Brazil home, another important election is rapidly approaching, the U.S. presidential election on Tuesday, November 8th. According to the U.S. Consulate […]

Brazil’s Inflation Decreases in October Thanks to Food Prices

Brazil’s Inflation Decreases in October Thanks to Food Prices
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s inflation in the first half of October registered the lowest growth rate since the first fifteen days of October of 2009. The IPCA-15 inflation index, which measures inflation from the fifteenth of one month to the fifteenth of the following month registered a hike […]

Brazil’s Former Speaker Arrested on Corruption Charges

Brazil’s Former Speaker Arrested on Corruption Charges
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s former Speaker of the House, Eduardo Cunha, was arrested on Wednesday, October 19th, by federal police accused of corruption in the Lava Jato (Carwash) scandal. Cunha, known for being the politician who pushed forward former President Dilma Rousseff’s impeachment process forward in Congress, called […]

Brazil’s Central Bank Cuts Selic to 14 Percent/Year

Brazil’s Central Bank Cuts Selic to 14 Percent/Year
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – For the first time in four years, Brazil’s Central Bank Monetary Policy Committee (Copom) reduced the country’s benchmark interest rate (Selic). The reduction of 0.25 percentage points to fourteen percent per year is expected to be the beginning of a reduction cycle for the Selic. […]

Japan PM Eyes Big Investment Opportunity in Brazil

Japan PM Eyes Big Investment Opportunity in Brazil
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL – On Wednesday, October 19th, in a joint press conference with Brazil President Michel Temer, Japanese Prime Minister Shinzo Abe indicated that he views Brazil as a large investment opportunity for Japan. The two leaders were meeting at the Prime Minister’s official residence in Tokyo to […]

Blumenau’s Oktoberfest Ready for Final Weekend in Brazil

Blumenau’s Oktoberfest Ready for Final Weekend in Brazil
By Sarah Brown, Contributing Reporter RIO DE JANEIRO, BRAZIL – One of Brazil’s most popular festivals is back again, inspiring people from all over Brazil to travel to Blumenau in Santa Catarina to enjoy the fun and party spirit of Oktoberfest. The event started on Wednesday, October 5th and will continue until Sunday, October 23rd […]

Brazil Justice Minister Says Prison Laws Need Change

Brazil Justice Minister Says Prison Laws Need Change
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The recent killings and mass escapes from inside Brazilian prisons has led Brazil’s Justice Minister, Alexandre de Moraes, to call for changes in the country’s incarceration laws, especially the number of inmates incarcerated by the State. “It’s an idea that I’ve had since I was […]

Retail Sales in Brazil Fall Once Again in August

Retail Sales in Brazil Fall Once Again in August
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s retail sales closed the month of August in negative territory, with a decline of 0.6 percent in volume and -0.5 percent in revenues, compared to July, according to data by the Brazilian Institute of Geography and Statistics (IBGE). “The worsening of the labor market, […]

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