Category Archives: Economic Information
Brazilian economic stimulus plan: government to exempt payroll of companies and other tax exemption measures
ch_client = “maxfrancisco1″; ch_width = 250; ch_height = 250; ch_type = “mpu”; ch_sid = “Chitika Default”; ch_color_site_link = “474747″; ch_color_title = “474747″; ch_color_border = “FFFFFF”; ch_color_text = “737373″; ch_color_bg = “FFFFFF”; The package of measures announced on Tuesday, April 3, by the federal government of Brazil totaled R$ 60.4 billion in tax exemptions, lines of [...]
Cisco and Microsoft to open centers in Brazil
The Secretary of Development of the State of Rio, Julio Bueno said on Monday that negotiations are well advanced for Microsoft to start operations in Rio de Janeiro. He declined to forward details of the talks, but quoted the U.S. software giant when he spoke of the new pole of research that begins to take [...]
Politics in Brazil: a clown for mayor of Sao Paulo
The clown Tiririca, a possible candidate for mayor of Sao Paulo in October’s town elections in Brazil has been the subject of a column in Forbes, which carries the title “A clown (really) can become the mayor of the sixth largest city in the world.” The article presents the biography of Francisco Everardo Oliveira Silva, [...]
Brazil grows, but China is the focus of Airbus
A A380 takes off in the world every ten minutes. The calculation, however, excludes Brazil. The largest aircraft, of the French Airbus is in the market since 2007, can carry up to 853 passengers and fights to be the replacement of the Boeing 747 on long-haul flights. However, the company has yet to make any [...]
World Cup 2014 in Brazil: the biggest theft in history
The former football player and congressman Romario (PSB-RJ), a leading critic of the way the World Cup 2014 is being organized, said in his profile on Facebook, that the competition become the “biggest theft in history” of the country, all because of the mismanagement of Brazilian politicians. “Brazilians, keep charging and manifesting this because it [...]
New trend in Rio: tennis shoes that tones the butt and legs and cellulite clothing craze
A new craze has invaded the morning and evening walks in Rio de Janeiro: the shoe that tones the leg muscles and buttocks while exercising. One of the devotees of the trend is the MTV host Ellen Jabour. In her wanderings along the shore in Rio, she has been drawing attention for her shapely legs [...]
Brazil’s Boom Has Finally Come To An End – and how this is actually good
RIO DE JANEIRO, Brazil — The sweetheart of many international investment portfolios in recent years, the Brazilian economy had been enjoying a spectacular boom. Fortunes were made on the mushrooming property market. Consumption had soared, with Brazil’s new middle class maxing out their credit cards at malls — just because they could. Business was going [...]
The unfair brazilian tax burden: a must read for everyone interested in investing or moving to Brazil
The Brazilian tax burden, the sum of the collection of all federal, state and municipal governments, grew 341.6% in the last decade. But the country occupies the 54th position among the countries that give the greatest return to the citizen. The 40.01% of the tax burden in Brazil is only behind countries like Sweden, Norway, [...]
Brazilian Central Bank brings down the basic interest rate in the country
The Monetary Policy Committee (Copom) of Central Bank (BC) of Brazil put down on Wednesday (7) the basic interest rate (Selic) by 0.75 percentage point. With the cut, the Selic rate went from 10.5% to 9.75% per year. This reduction was slightly higher than expected by the market, awaiting the fall of 0.5%, but did [...]
Foreign workers divide the public opinion in Brazil
A research conducted by the brazilian institute Ibope Intelligence in partnership with the Worldwide Independent Network of Market Research (WIN) shows that 42% of Brazilians believe that the entry of foreigners in the domestic labor market is beneficial for the country and 40% think the opposite. “The hiring of foreigners by local companies divided public [...]
