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02/03/17 Brazil is "coming out of the recession," says Temer to the Financial Times

President highlights role of reforms and measures to stimulate the economy in the effort to resume economic growth in Brazil. In an interview with the Financial Times, President Michel Temer said that the economic measures and...

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02/02/17 Brazil could ease foreign land ownership limits by June - minister

Brazil could pass a law by the end of June to lift limits on foreign purchases of agricultural land, the Agriculture Minister said in an interview, adding he supported maintaining some restrictions to ensure farms were put to...

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02/02/17 IT projects to resume in Brazil in 2017

Brazilian organizations will resume IT projects in areas such as digital transformations and security after a period of recession-driven stagnation, according to the yearly predictions for the country by analyst IDC. The analyst'...

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02/01/17 President Michel Temer highlights favourable investment indicators to entrepreneurs

Figures presented by the president include better harvest yields and record oil production. Temer also highlighted the adoption of the Constitutional Amendment establishing a spending cap for the government. While speaking to...

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02/01/17 Salesforce Brazil bets on customer experience focus

The challenging economic conditions that Brazilian organizations have faced over the last couple of years have accelerated the adoption of more cost-effective alternatives to software as well as a sharper focus on selling more...

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01/31/17 Brazil to open airlines, agricultural land to foreign buyers

President Michel Temer will propose legislation to lift restrictions on foreign ownership of airlines and agricultural land in Brazil as he strives to pull the economy out of a two-year recession, government sources said on...

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01/31/17 Facebook seeks Brazil country manager

Facebook is now looking for a new country manager for Brazil, as the previous incumbent, Marcos Angelini, has stepped down earlier this month. The executive decided to leave the company after returning from holidays last week,...

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01/30/17 Brazil supermarket sales rise 2.23 pct in December, Abras says

Brazilian supermarket sales rose 2.23 percent in real terms in December from a year ago, industry group Abras said on Monday, suggesting resilient demand for food, toiletry and cleaning items despite a severe recession. Sales...

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01/30/17 Growing Hunger for Brazilian Chicken as Bird Flu Spreads

The bird flu outbreak sweeping across Asia and Europe means you may soon be eating more Brazilian chicken. The world’s top exporter has been untouched by the highly contagious virus that led to widespread culling of birds -- more...

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01/30/17 Luxottica buys Brazil retailer Oticas Carol in 110 million euro deal

Italian eyewear group Luxottica (LUX.MI) has agreed to buy Brazilian optical chain Oticas Carol in a 110 million euro ($117 million) deal that expands its retail footprint in the South American country. Luxottica, which earlier...

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01/30/17 First images of unique Brazilian coral reef at mouth of Amazon

The first images have been released of a unique coral reef that stunned scientists when discovered in 2016 at the mouth of the Amazon. The 600 mile-long reef is expected to reveal new species as scientists explore it further, but...

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01/27/17 Brazil sees opportunities if Trump pursues protectionism

Brazil has an opportunity to strengthen ties with Pacific and European nations that could be targeted if U.S. President Donald Trump pursues protectionist policies, the Brazilian trade minister said on Thursday. In an interview...

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01/26/17 Foreign investment reaches highest level since 2010

Brazil has begun to regain international trust in the wake of economic reforms proposed by the government. A total US$ 15.4 billion in direct investment entered the country in December 2016, a record high for the year and the...

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01/26/17 Rio’s Olympic Park Opens to Public on Weekends

On Saturday, January 21st, new mayor of Rio Marcelo Crivella opened the Via Olímpica, a part of the Olympic Park in Barra da Tijuca, to the public. The space is planned to open every weekend and on public holidays for use by...

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01/25/17 Cooperation agreement will inject US$ 1.5 billion in scientific research in Brazil

A cooperation agreement between the Brazilian government and the Inter-American Development Bank (IADB) will inject US$ 1.5 billion into the funding of scientific research in the country. The information was confirmed this...

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01/25/17 Brazil's consumer confidence rises in January on rate cuts

Consumer confidence in Brazil rose in January as a surprise inflation drop allowed the central bank to cut interest rates more aggressively, easing the burden on debt-laden families, a private survey showed on Wednesday. The...

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01/24/17 Brazilian coffee accounts for 31.3% of global production

The coffee harvest in Brazil may reach 47.51 million bags of 60 kg this year. If the value is confirmed, the country will have accounted for 31.3% of global output. The information, supplied by the Brazilian Agricultural Research...

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01/24/17 Brazil stocks at highest in nearly 5 years on rising commodities

Brazilian stocks hit a nearly five-year high on Tuesday as rising prices of commodities boosted shares of miner Vale SA and state-controlled oil company Petrobras. Shares of Vale, the world's largest iron ore producer, rose to...

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01/24/17 Interesse por mercado livre de energia ganhou força em 2016

A migração de empresas para o mercado livre de energia teve crescimento expressivo em 2016. Segundo dados da Câmara de Comercialização de Energia Elétrica – CCEE, o número de pedidos de adesões aprovados foi 25 vezes superior a...

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01/24/17 Brazil's external deficit shrinks in 2016, covered by FDI

Brazil's central bank recorded a current account deficit of $23.507 billion in 2016, shrinking from the previous year and covered entirely by the $78.9 billion in foreign direct investment that flowed into the country, central...

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