The Brazilian Institute of Geography and Statistics announced the official GDP growth rate for 2017: +1.0 percent. While it might not be much, it does signal the end of the longest recession in Brazilian history. Once again, the agribusiness sector was the motor of the economy, performing 13 percent better than it had in 2016.
GDP per capita was also up, growing by 0.2 percent to 31,587 BRL. Other positive numbers include growth in both exports and imports – by 5.2 and 5 percent, respectively. Most industrial sectors, except for construction, also performed better last year.
Panama was once a part of Colombia. Its canal, a monumental engineering achievement of its…
The months of April and May see the biggest changes in publicly listed companies, with…
Panama will hold its presidential elections on Sunday, months after huge protests saw thousands descend…
The city of Rio de Janeiro estimates that a Madonna concert this Saturday on Copacabana…
Latin America’s trend of banning opposition candidates from elections has caught on in an ever-growing…
The São Paulo City Council on Thursday approved legislation authorizing Brazil’s largest city to sign…