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09/25/17 Economists expect Brazil 2017 inflation to be below official target

Economists expect Brazil’s inflation rate to end 2017 below the government’s target range for the first time ever, according to a central bank survey on Monday. Consumer prices, as measured by the benchmark IPCA index, are likely...

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09/22/17 Brazil seeks to avoid Venezuela default on $5 billion contracts

Brazilian officials plan to visit Venezuela next week to prevent the oil-rich nation from defaulting on contracts worth as much as $5 billion after falling in arrears on a payment due to infrastructure contractors this month,...

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09/21/17 Brazilian internet companies seek funds from China

Encouraged by China's success stories in the internet sector, the founders of eight Brazil-based internet companies and one venture capital firm took their funding roadshow to Beijing Tuesday. Carlos Miro, founder and CEO of...

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09/21/17 Kaspersky Lab secures contract with Brazilian Armed Forces

Kaspersky Lab has won a tender to supply cybersecurity tools to the Brazilian Air Forces. After a "complex public competition" through local channel partner EsyWorld, the Russian company said it underwent a "rigorous evaluation...

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09/20/17 Goldfajn: Course corrections have brought recovery of economic growth

Brazil has began a gradual recovery of economic growth thanks to firm steps taken to reduce inflation and changes in the conduct of the country's economic policy. The assessment was made by the head of the Brazilian Central Bank...

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09/20/17 The long haul to recovery for Brazil’s infrastructure

The Maersk Labrea container ship was approaching Brazil’s south coast at the end of a 12-day voyage from Asia when it ran into a ferocious storm. Seventy-knot winds and seven-metre waves battered the Labrea, causing it to roll 40...

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09/19/17 TCS partners with São Paulo government to plug IT skills gap

Tata Consultancy Services (TCS) has signed a cooperation agreement with the government of São Paulo to bring its IT education program to 190,000 high school students across the Brazilian state. The Indian firm's goIT education...

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09/19/17 Brazil opens the debate on the UN General Assembly

A tradition begun in 1949 with diplomat Oswaldo Aranha will continue on Tuesday (19). Brazil will open the general debate of the 72nd session of the United Nations General Assembly, held annually in New York. According to the...

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09/18/17 Independence May Remain Elusive for Brazil Central Bank Chief

Ilan Goldfajn is racking up the milestones as Brazil’s central bank president, but he’s still a long way from securing the institution’s ultimate goal: greater independence. Since taking the helm in June last year, the 51 year-...

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09/18/17 Brazil hits Montreal Protocol target early

Brazil has managed to hit its target under the Montreal Protocol - namely cutting hydrochlorofluorocarbon (HCFC) use in the refrigeration and foaming industries by 34% - significantly earlier than its official commitment. HCFCs...

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09/18/17 Petrobras to sell up to $2 billion in debt, repurchase expensive bonds

State-controlled Petróleo Brasileiro SA will issue up to $2 billion in new bonds as part of a plan to repurchase shorter-dated, expensive securities and trim the biggest debt burden among the world’s major oil companies....

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09/15/17 Government measures create solid results for the economy

The Brazilian economy began a reversal towards economic growth in the last year. Some important measures adopted by the federal government were crucial in this process, and the country has begun to reap positive results in the...

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09/14/17 Economia brasileira cresce 0,41% em julho, mostra BC

A recuperação da atividade econômica continuou na abertura do terceiro trimestre e de forma mais acentuada que a esperada. O Índice de Atividade Econômica do Banco Central (IBC-Br) mostrou alta de 0,41% em julho, após elevação de...

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09/14/17 Temer sanctions new fiscal target for 2017/2018

President Michel Temer sanctioned a bill on Wednesday to redefine the fiscal target for 2017 and 2018. According to the decree, which will be published in the Federal Government Official Gazette (DOU) tomorrow, Brazil will have a...

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09/13/17 Economic indicators reflect optimism and confidence in the economy

Reduced inflation and falling interest rates, growing industry output, positive job creation figures and a historically high yield for the year’s harvest, among other factors, have helped the São Paulo Stock Exchange reach its...

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09/13/17 Ações ligadas a varejo disparam em meio à retomada do consumo

No momento em que a bolsa de valores brasileira ganha impulso e o Ibovespa rompe níveis históricos, ações de companhias de varejo básico e consumo discricionário - eletrodomésticos, vestuário e alimentação - ganham destaque. O...

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09/12/17 Financial market projects lower inflation and higher growth for 2017 and 2018

Financial institution economists continue to present positive scenarios for the Brazilian economy as the country resumes economic activity. The Focus Bulletin published on Monday (11) reveals that economists expect stronger...

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09/11/17 Brazilian company to build in Dublin

Koinonia, a Brazilian company that manufactures industrial-use foam, auto parts and soundproofing equipment made public Friday its intention to build a $3.5 million facility in the ShaeDawn Industrial Park on Cleburne Boulevard...

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09/11/17 Pilgrim's Pride buys poultry supplier for $1 billion

Pilgrim’s Pride Corp (PPC.O), a U.S. based chicken processor, said on Monday it bought poultry supplier Moy Park from Brazil’s JBS SA (JBSS3.SA) in a deal valued at about $1 billion. JBS is rushing to sell assets worth $1.8...

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09/11/17 Australian government signs technology and science agreement with Brazil

The Australian and Brazilian governments have signed an agreement that will enable researchers from both countries to collaborate more closely on technology, innovation, and science projects. The agreement -- signed by Australian...

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