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: Banks’ new round of discounts, police violence causing deaths at a Paraisópolis street party in São Paulo, Brazil’s so-so economic performance, the president v. the press, Big Agro income and Brazil’s lack of access to cinemas.
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It’s time to renegotiate debts. Brazil’s largest banks—Itaú Unibanco, Banco do Brasil, Santander and Caixa Econômica—launched a debt renegotiation program during the week, promising discounts of up to 90 percent on amounts due. The so-called “Negotiation and Financial Guidance Week” will extend banks’ opening hours until 8 pm. Each institution will set its own interest tax rates and discounts, with a 90-percent ceiling. The trading plan task force is supported by the Brazilian Federation of Banks and was announced by the Central Bank on November 21.
A police operation in the São Paulo favela of Paraisópolis resulted in nine deaths—with the victims aged between 14 and 23. The operation was launched during a massive Brazilian funk street party in the early hours of December 1.
Rescue efforts are ongoing in Rio Grande do Sul, Brazil’s southernmost state, after floods and…
Over 230,000 people have been displaced, more than 67,500 of which are in shelters
Between 2013 and 2023, there were an astonishing 953 decrees of emergencies or public calamities…
The stranded horse caught the attention of digital influencer Felipe Neto, one of the most…
The Federal Prosecution Office on Tuesday charged Congressman Chiquinho Brazão and his younger brother, Domingos…
Brazilian retail sales remained stable in March, posting yearly growth of 5.9 percent in Q1…