Six months ago, market operators predicted a 3 percent growth for Brazil’s GDP this year. Now, it seems more consensual that Brazil will grow at a disappointing rate of 1%. The Central Bank’s Economic Activity Index showed a 0.73-percent retraction in the economy in February against January, leading banks to forecast a decline of the GDP for 2019’s first quarter—official results will be published on May 30.
Here are some forecasts:
The accounts of federal, state, and municipal governments, plus those of state-owned companies, recorded a…
The intense floods that chastise Rio Grande do Sul, Brazil’s southernmost state, have killed over…
Brazil's southernmost state of Rio Grande do Sul, a state the size of Ecuador, has…
In September 2023, an extratropical cyclone hit Brazil’s South region, causing heavy rains and floods…
The Abu Dhabi National Oil Company (ADNOC) is no longer interested in buying Novonor's controlling…
Brazilian railway operator Rumo announced a partial interruption of its activities in southern Brazil on…