Brazil is still struggling to recover from its worst recession on record, the full effects of which will only become clear several years down the line. The currency has devalued significantly, and despite a recent rally, the Real has slipped 16 percent against the U.S. Dollar in the last year. A weaker Real causes all sorts of problems at home, not least provoking the ire of consumers who have seen their hard-earned salaries become worth less and less as the years go on.
You should also read
These propositions are based on the article you just read
Successful airport auction shows an increase in foreign interest in Brazil
The Jair Bolsonaro administration started its infrastructure concession plans with its best foot forward on Friday, in large part (...) READ MORE
China’s swine fever brings relief to Brazilian companies. For how long?
Amid a rocky April for Brazilian markets, one kind of stock has been soaring at B3: Brazilian meatpackers. Propelled (...) READ MORE
Latin America’s most innovative companies have one trait in common: they’re all Brazilian
When it comes to innovation in Latin America, Brazil is paving the way, having eight of the 20 most (...) READ MORE
Brazilian companies look to startups for innovation
In August, Portugal’s Fábrica de Startups (literally “Startup Factory”) will begin operating in Rio de Janeiro. It chose the (...) READ MORE
HELP INDEPENDENT JOURNALISM
WE UNPACK WITH BREVITY WHAT MATTERS MOST IN BRAZIL
FOR LESS THAN
FOR LESS THAN