This is Brazil by the Numbers, a weekly digest of the most interesting figures tucked inside the latest news about Brazil. Random numbers that help explain what is going on in Brazil. This week: the Brazilian currency reaches record lows against the U.S. Dollar, formal jobs creation is set to reach the best year since 2014, listed companies profit more, neo-Nazi groups proliferate in Brazil, and legendary soccer player Pelé celebrates the 50th anniversary of his most memorable goal.
Send any suggestions to contribute@brazilian.report
The clock flashed 4.20 pm when Brazil’s currency plunged to its all-time lowest nominal value against the U.S. Dollar: fittingly, BRL 4.20. The Brazilian Real is now one of the worst-performing emerging currencies this year—only faring better than the Chilean Peso and Argentine Peso. As bad as it may seem, we explained in a November 15 story that, when taking inflation into account, the currency exchange rate is not even close to the levels seen in 2002. Also, in a November 20 story, we showed that, unlike in the past, the devaluation of Brazil’s currency doesn’t necessarily mean the country is in a bad political and economic place—rather...
The Ibre-FGV GDP monitor, a tool to predict economic activity in Brazil, suggests that the…
The floods in the Brazilian state of Rio Grande do Sul have killed nearly 150…
Home to the largest tropical forest in the world, an energy mix that is high…
The northeastern Brazilian state of Piauí isn’t among the country’s richest or most populous states…
Rio Grande do Sul Lieutenant-Governor Gabriel Souza said the state government is considering relocating entire…
“We’ve got no idea what the next vintage is going to look like. A lot…