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26/05/2015

Brazil’s economy is expected to contract by nearly one-quarter this year in dollar terms.

Brazil’s economy is expected to contract by nearly one-quarter this year in dollar terms due to a depreciating currency and a deepening recession, according to government figures. Brazil’s planning ministry revealed in a budget presentation that

05/03/2015

Brazil raises rates to six-year high

Brazil’s central bank raised interest rates to a six-year high on Wednesday as authorities seek to contain inflation that recorded its greatest monthly increase in 12 years in January. The central bank’s monetary policy committee raised the

05/02/2015

Brazil - Petrobras chief and 5 executives resign over scandal

The chief executive of Petrobras and five other executives have resigned over the corruption scandal in the Brazilian state-owned oil company that is threatening to envelop the government of President Dilma Rousseff. The departures mark the

20/01/2015

The IMF made the steepest cut to its global- growth outlook in three years, with diminished expectations almost everywhere except the U.S. more than offsetting the boost to expansion from lower oil prices.

18/01/2015

Used car dealers face another odd year in 2015

Philip Nothard: used car dealers face another odd year in 2015

10/01/2015

Rousseff honeymoon wavers as wages dispute highlights challenges

Only five days into President Dilma Rousseff’s second mandate, her administration’s newfound appreciation of market principles seemed to be wavering. Nelson Barbosa, Ms Rousseff’s US-trained planning minister and a key figure in her newly appointed

09/01/2015

FT - China’s courtship of Latin America tested

Venezuelan President Nicolás Maduro on Thursday announced $20bn worth of investment from China. But left unsaid was whether he got what he came for: a financing lifeline from his largest creditor. The obfuscation speaks volumes about how China’s

07/01/2015

Daimler launches Mercedes-Benz F015 concept car

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20/12/2014

Brazil November light vehicle sales

Monthly LV sales from January 2013. 2014 likely to decrease by 7.3%, while we expect a slight rise for 2015. With the same number of working day vs. last year, the automotive market went down only 2.9% to 279,826 units in November (light vehicles only), while heavy truck and

05/12/2014

Amid Slump, Brazil Congress Seeks Raise

Seizing on a generally sleepy time in Brazil, congressional leaders in the capital, Brasília, are pushing ahead with legislation to raise their own salaries as much as 34 percent.

01/12/2014

Brazil crawls out of recession in 3rd quarter

Brazil’s economy crawled out of technical recession in the third quarter, boosted by government spending, but the low rate of growth highlighted the challenge facing the country’s newly appointed economics team. A day after President Dilma Rousseff

26/11/2014

Latam : The great deceleration

IT WAS great while it lasted. In a golden period from 2003 to 2010 Latin America’s economies grew at an annual average rate of close to 5%, wages rose and...