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After a rocky morning that sent stocks tumbling down over the 10% mark, which triggered a circuit breaker that shut down the market for half an hour, the Bovespa, Brazil's stock exchange, was able to reduce losses and close...
Ali Rodriguez, Venezuela's minister for economy and finances, announced the need for a tight 2009 budget on Sunday, but assured that Venezuela's international reserves are safe and the economy remains unaffected by the global...
Some Brazilian experts believe that no one is going to profit from the international financial crisis. In Brazil, even though the country is much better prepared than in the past to face foreign turbulences, the effects are...
The global financial crisis sparkled by the US mortgage debacle has prompted the Central Bank of Brazil to adopt a new measure in order to increase the volume of funds available in the market. Changes were effected to mandatory...
Brazil's industrial production saw a 1.3% reduction in August compared with the previous month, according to the Monthly Industrial Survey, disclosed this Thursday, October 2, by the IBGE (Brazilian...
In Brazil, credit operations on the financial market reached 1.11 trillion reais (US$ 598 billion) in August, a value that represents 38% of the Brazilian Gross Domestic Product (GDP). According to the BC, "In August,...
Brazil's National Financial System volume of credit reached 1.085 trillion reais (US$ 669 billion) in July, a figure equivalent to 37% of the GDP (Gross Domestic Product) i.e. the sum of goods and services produced in...
According to the projection of the Central Bank of Brazil, the country should receive US$ 35 billion in FDI in the whole of 2008. Foreign direct investment (FDI) inflow into Brazil reached US$ 3.24 billion in July, and...
